A new type of nuclear reactor—smaller than a rail car and one tenth the cost of a big plant—is emerging as a contender to reshape the nation’s resurgent nuclear power industry.
Three big utilities, Tennessee Valley Authority, First Energy Corp. and Oglethorpe Power Corp., on Wednesday signed an agreement with McDermott International Inc.’s Babcock & Wilcox subsidiary, committing to get the new reactor approved for commercial use in the U.S.
Chemical maker DuPont Co.’s profit nearly tripled, while revenue increased more than expected on better volume and higher selling prices. “We grew sales across every segment,” said Chairman and Chief Executive ... Read More
in a laboratory where almost all the test tubes look green, the tools of modern biotechnology are being applied to lowly pond scum. Foreign genes are being spliced into algae and ... Read More
Caterpillar Inc. reported a stronger-than-expected quarterly profit and raised its full-year outlook, citing sales growth in emerging markets, especially from customers in mining and energy. The world’s largest maker of construction ... Read More
Honda said on July 20 that it would roll out an electric car and plug-in hybrids in Japan and the United States in 2012 as it tries to catch up in ... Read More
The U.S. Department of Commerce awarded St. Louis County Economic Council and Donald Danforth Plant Science Center a $4.6 million grant to expand plant and life sciences in St. Louis County. ... Read More
Boeing Co. has won U.S. antitrust approval to buy defense manufacturer Argon ST Inc., the Federal Trade Commission said on Tuesday. Boeing said in early June that it would buy Argon ... Read More
General Electric’s aircraft leasing unit announced at the Farnborough airshow on July 19 that it has placed an order for 100 planes from Boeing and Airbus. GE Capital Aviation Services (GECAS) ... Read More
Barnes-Jewish Hospital and its physician partners at Washington University School of Medicine are one of 14 hospitals and medical institutions nationwide included on U.S. News & World Report’s list of “America’s ... Read More
Gov. Jay Nixon on Thursday afternoon signed the Missouri Manufacturing Jobs Act in the Kansas City area, which has a Ford Motor Co. assembly plant that could be a key beneficiary ... Read More
Tyco Electronics said on Tuesday that it has agreed to buy ADC Telecommunications, a broadband equipment maker, for about $1.25 billion in cash, the latest in a spate of deals over ... Read More