FROM Rebecca Smith
Will California's Push for Electric Cars Pay Off? President Obama calls the Gulf oil spill another wake-up call on the need for an economy that doesn't rely on oil. More than 100 years ago, some of the earliest cars ran on electricity. Although efforts to revive that mode of transportation fizzled a few years ago, California now is making major investments to lead the way. Rebecca Smith is national energy reporter for the Wall Street Journal .
The Beginning of Nuclear Energy's Second Act? After Chernobyl and Three Mile Island, nuclear power got a bad rap in the United States. It's been 31 years since the last application to build a new plant. But the Nuclear Regulatory Commission has received a request for two new reactors in Texas. NRG Energy, which has never before built a nuclear power plant, today asked NRC for permission to construct two at its existing nuclear station in South Texas. With more likely in the next 15 months, what are about the prospects for a nuclear comeback? Rebecca Smith has a story about the process in today's Wall Street Journal .
Enron Verdicts The Enron case took four months to try, but the jury needed just 31 hours to reach its verdicts. Enron founder Ken Lay is guilty on all six counts of fraud and conspiracy in the loss of $60 billion from the collapse of his company. Former CEO Jeffrey Skilling is guilty on 19 of 28 charges of fraud, conspiracy and insider trading. After sentencing on September 11, they could spend the rest of their lives in prison. Attorney Dan Petrocelli promised "a full and vigorous appeal." The Enron collapse cost $60 billion in corporate value; $2.1 billion in pensions and 5600 jobs. We speak with federal prosecutors, former employees, and others about the latest development in a series of scandals that have rocked corporate America.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.