Originally published on Thu February 20, 2014 10:43 am
The company in charge of the Keystone XL extension said Thursday that it is considering its next move now that a Nebraska judge has struck down a law that allowed the pipeline to be routed through that state.
"We are disappointed and disagree with the decision of the Nebraska district court and will now analyze the judgment and decide what next steps may be taken," TransCanada Corp. said in a statement. "Nebraska's attorney general has filed an appeal."
Originally published on Thu February 20, 2014 9:37 am
There were only 3,000 fewer first-time claims filed for jobless benefits last week, but the slight decline is being seen as another sign that the nation's labor market will gain some strength once spring arrives.
The first nuclear reactors to be built in decades are getting a helping hand from the government. Today, Secretary of Energy Ernest Moniz is in Georgia to mark billions in assistance towards the construction of two new nuclear units in the state.
NPR's Geoff Brumfiel reports that building reactors is still an expensive proposition.
The Federal Communications Commission tried to craft rules aimed at preserving Open Internet. Then last month, a federal appeals court struck down those rules. The FCC announced yesterday that it would not appeal the ruling, instead it will try to come up with a new set of rules.
A broken pipe funneled 30,000 tons of toxic coal ash into the Dan River in North Carolina earlier this month, turning it gray. The pipe has been plugged, but the spill has reignited a fight over storage of coal ash, and scrutiny of the state regulators responsible for monitoring it.
Back in 2012, reporter Kevin Roose went undercover at a very exclusive party.
It was a dinner for a secret society, held once a year, at the St. Regis hotel in New York City. The secret society is called Kappa Beta Phi, and it's made up of current and former Wall Street executives — people like Michael Bloomberg, former heads of Lehman Brothers, Bear Stearns, Goldman Sachs. And every year the group holds a dinner to induct new people into the group — they're called neophytes.
Seeking new ways to be a player in mobile messaging, Facebook announced today that it will acquire the fast-growing WhatsApp firm for some $16 billion in cash and stock. The deal includes an additional $3 billion in Facebook stock for the employees of WhatsApp, who would see the shares vest over four years.
This is the second headline-grabbing acquisition by Facebook, following the $1 billion deal for Instagram that was announced in the spring of 2012. The new deal calls for Facebook to pay $4 billion in cash, along with around $12 billion in stock.
Originally published on Thu February 20, 2014 5:05 am
Energy Secretary Ernest Moniz announced a multibillion-dollar loan guarantee Wednesday for building nuclear reactors in Georgia, underscoring the White House's plan for an "all of the above" energy strategy.
The two reactors will be the first built in this country in nearly three decades.
I have a new streaming music service in my life. Let's call him Beatsy. It's an open relationship — I'm still accessing other music streams, and Beatsy's positively promiscuous, winning the hearts of the music press and thousands of trial subscribers. But I don't mind. When I'm with Beatsy I feel special. Yes, he is a computer program — the world knows him as Beats Music, just one of many services that make it possible for me to listen to music stored in its cloud library via my phone or computer.
Originally published on Thu February 20, 2014 10:58 am
"I'm worth 83.7 million dollars and bored out of my mind."
"My friend who is a banker just told me he's working on Dropbox's IPO...oooh."
"The drug use in Silicon Valley is outrageous. So are the inflated egos. It's like LA for smart, ugly people."
Declarations like these — some plaintive, some fueled by professional frustration and some just plain gossipy — tumble forth anonymously on the new app Secret, and because many of them seem to be coming from within the booming tech industry, the app has built early buzz.