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.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.