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Amazon and billionaire financier Ken Griffin are among the backers anchoring a $500 million investment in small nuclear reactors, a burgeoning technology heralded as the next era for atomic energy.
The Seattle-based company has signed agreements to develop the new breed of reactors — dubbed small modular reactors, or SMRs — in both Washington and Virginia, investing in X-Energy, a privately-held advanced nuclear reactor developer.
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GE’s pension deficit has gotten so big, a misstep could risk leaving the separate units with commitments they ultimately can’t afford to pay.
As one of the nations largest producers and transporters of energy and with thousands of employees spread out across the country, there is a lot riding on the health of the employees at Dominion Resources.
Just when you thought you understood hosted solutions and software-as-a-service, the technology industry has moved on to cloud computing. Over the last two years there have been all kinds of announcements of cloud computing companies with a wide variety of capabilities, the most notable being Apple's announcement in May of its iCloud offering.
