Five years and more than $650 million into refurbishing and building nuclear reactors, Florida Power & Light officials told regulators Monday that it can’t guarantee what new reactors will cost consumers, when the reactors will deliver energy, or even if it will get a license to finish the job.
Despite the uncertainty, the state’s largest electric company asked regulators to allow it to continue to charge customers to pay for the prospective expansion of the Turkey Point plant on Biscayne Bay in south Miami-Dade County.
Florida customers of Duke Energy should expect to pay more next year for nuclear projects, even as the company reduces its planned nuclear footprint.
Meanwhile, Florida Power & Light, which has recently completed upgrades of two nuclear facilities, will lower the amount it collects for nuclear projects. For a homeowner who uses 1,000 kilowatt hours of power a month, that will save $1.17.
Originally published on Tue August 6, 2013 8:13 am
Here's a better look and listen to what it was like Monday night in Chicago when New York Yankees third baseman Alex Rodriguez returned to the lineup on the same day he was hit with a 211-game suspension for allegedly using performance-enhancing substances (he can play while he appeals that punishment).
Originally published on Tue August 6, 2013 10:03 am
The Washington Post Co. will sell its flagship newspaper and one of the most respected news organizations in the country to Amazon.com founder Jeffrey P. Bezos, the company announced in a press release. The Post has been a family-owned business for four generations.
Amazon, the company said, will play no role in the purchase. Bezos is making the purchase personally.
Originally published on Mon August 5, 2013 6:49 pm
(We most recently updated this post at 6:48 p.m. ET.)
New York Yankees' slugger Alex Rodriguez, one of baseball's brightest stars and its highest-paid player, will be suspended through the 2014 regular season because he violated parts of baseball's Joint Drug Prevention and Treatment Program, the league said today.
Jennifer Bruner spent her 4th of July much like the rest of us: celebrating with friends at a backyard barbecue. Little did she know how her life would change in a matter of seconds on that fateful evening.
"I went over to a friend's house for a barbecue on the 4th of July," Bruner recalls, "And my friends were out on the pier lighting fireworks. One firework tipped over when it was lit and it was supposed to shoot up, but it went sideways shooting at me and this little girl."
Originally published on Thu August 1, 2013 4:59 pm
A federal jury in New York City has found that Fabrice Tourre, the former Goldman Sachs trader who regulators say caused investors to lose $1 billion, is liable in the mortgage securities fraud case filed against him by the Securities and Exchange Commission.
Regulators say Tourre, 34, a native of France who was nicknamed "Fab" in his office, packaged toxic subprime mortgages into a collateralized debt obligation that was sold to investors under the name Abacus in 2007.
Doping in sports is back in the news and you don't need to be a sports fan to have heard about it. The PBS Newshour devoted a segment to the recent disclosure that Tyson Gay, America's top sprinter and self-declared Mr. Clean, had failed a drug test.
Meredith Tise, a graduate anthropology student at the University of South Florida, measures the depth of a trench dug at the site of the cemetery last May, as the university looks for signs of unmarked graves.
University of South Florida researchers have gone over the head of the state agency secretary who denied their request to exhume human remains from gravesites at the closed Arthur G. Dozier School for Boys in Marianna.
Gov. Rick Scott and the Florida Cabinet are expected to approve a land-use agreement with the Department of Environmental Protection that will give the researchers one year to search for reportedly unaccounted-for bodies of boys who died between 1900 and 1952 at the one-time "high risk" reform school.