Posts From King World News
South Africa may increase nuclear power: newspaper
South Africa’s future energy mix could include an even higher share for nuclear power than the 9,600 megawatts (MW) already planned, the Business Day newspaper reported on Tuesday, citing an interview with a government official. It said a new version of South Africa’s integrated resources plan, which projects its electricity requirements and suggests the energy generation mix needed, will be released in March. “Given that we have a climate change
Seattle mayor proposes developer fees to pay for affordable housing
By Eric M. Johnson SEATTLE (Reuters) – Seattle’s mayor unveiled an affordable housing plan on Tuesday aimed at creating 20,000 new living units for low-income city dwellers over the next decade, more than a quarter of them to be paid for by private developers. Mayor Ed Murray said his proposal was aimed at addressing an overheated real estate market, fueled in part by the growth of Seattle-based Internet retailer Amazon.com
ConocoPhillips plans to cut 10 percent of its workforce
Energy company ConocoPhillips, which has already cut 1,000 jobs this year, says it will eliminate around 1,810 more positions following a plunge that took oil prices to their lowest levels in years. The …
Texas regulator clears oil and gas company of causing quakes
AUSTIN, Texas (AP) — The regulatory agency overseeing Texas’ oil and gas industry has determined that a series of small earthquakes in North Texas likely wasn’t caused by drilling operations by an Exxon Mobil subsidiary.
Mortgage Rates Rise From Recent Lows, Hitting 3.75%
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.75 percent, up 8 basis points from last week. The 30-year fixed mortgage rate rose throughout the week before settling at the quoted rate Tuesday. “Mortgage rates
Bernstein Liebhard LLP Announces That Only One Week Remains To File A Motion For Lead Plaintiff In A Class Action Pending Against Silver Wheaton Corporation
[PR Newswire] – NEW YORK, Sept. 1, 2015 /PRNewswire/ — Bernstein Liebhard LLP announced that only one week remains to file a motion for lead plaintiff in a class action pending in the United States District Court for the Central District of California on behalf of purchasers of Silver Wheaton Corporation (“Silver Wheaton” or the “Company”) (SLW) securities between March 30, 2011 and July 6, 2015, inclusive (the “Class Period”).
Charges filed against ex-head of Brazil nuclear power firm
SAO PAULO (AP) — Brazil’s federal prosecutor’s office filed formal corruption charges on Tuesday against the former head of Eletronuclear, the state-owned company that operates Brazil’s two nuclear power plants, for his suspected role in a bribery scandal.
Yamana Gold (AUY) Stock Declines Despite Rising Gold Prices
Florida Supreme Court weighs solar energy ballot initiative
The Florida Supreme Court heard arguments on Tuesday about the language of a proposed constitutional amendment that would let consumers buy electricity from independent solar power companies, rather than stay dependent on state-regulated utilities. Florida is one of a handful of states where homeowners and businesses are not permitted by law to buy electricity directly from anyone other than a utility. Attorneys for the utilities told the court the amendment