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's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?