Fluor Corp.’s NuScale unit will build small modular nuclear plants in the UK, which ambitions to have these facilities by 2025. The firm plans to submit a 50-megawatt reactor design to the U.S. nuclear authorities by the end of 2016.
United States
Two Door Concept in Lincoln Continental 2017 Leads To Debate For Coupe
The Detroit Auto Show, 2016 has witnessed production version of a new Lincoln Continental which has been reported to be build as a saloon. Powered by a 400 HP two turbo 3-liter V6 engine, the car has been demoed in the luxury car category and scheduled to be available in later this year. But deduction of two doors has marked questions for naming the car a coupe.
KFC Innovation: The Chain Restaurant Launched New Menu Nashville Hot Chicken Worldwide
Nashville's hot chicken has been the city's iconic dish for a long time, and KFC adopted the recipe as its newest menu. The promotion already began Thursday in the U.S and the menu was also launched worldwide.
Obama Administration to Invest $4 bln on Self-Driving Cars
Self-driving cars could eliminate fatal crashes that involve some type of human error. Autonomous technology could help reduce greengas emissions and transform mobility. Though driveless technology has grown increasingly popular, autonomous vehicle are not perfect yet
Nevada Governor to Face Impact Over Release of New Fee Solar Homes
Nevada governor Brian Sandoval get pressured after a group of 18 venture capital investors reverse new fees on solar homes that state utility regulator made effective on Jan 1. The regulation will give direct impact to development of solar energy and threaten future investment, the investor, and also the job cuts in the state.
Latest News
Both Wells Fargo and Citigroup have been badly hit with the historic low oil price. The Walls Street banks have heavy investment in energy portfolio and the industry is passing through a nightmare since 2008. Both the banks have been forced to keep provision against the default power investments. But real estate portfolio has helped Stagecoach to leave behind the umbrella with its greater contributions predicted earlier.
Microsoft has started to display HoloLens, its first AR product at its flagship stores in New York. Unlike similar products developed by other competitors, the WiFi device has a very poor battery life. The tech giant is working to transform the device devoid of such shortcomings and expects to make it available in the first quarter of the current year.
President Obama's plan to stall the growing migration crisis has culminated into a global fund of $70 million, to help refugees find a home in the United States, or anywhere in the world. A new cap of 1,00,000 refugees per year from 70,000 goes to indicate the gravity of the situation.
Michigan appears to be the first US state to enjoy gas at $0.77 a gallon. The states closer to the refineries or containing those, enjoy gas at a relatively cheaper price. In the blink of further oil price fall, the US states, who are badly hit due to falling oil price, are considering to increase gas tax. These states aim to continue development works in communication sector, which they are unable to allocate with the problem riddled economies.
Some $46.5 billion treasuries have been reported to liquidate during the first two weeks of the New Year. The present reserve for $2.962 trillion appears to be the lowest since November. China has been reportedly withdrawing funds and injecting to the market to keep hold its currency in place. Considering its financial reserve, it is widely believed that further outflow of US treasuries, possibly with greater vicinity will take place in the coming months.
A slate group, upholds ‘Free Harvard, Fair Harvard’ slogan to get elected for the Board of Overseers. Harvard’s total assets have reached to $37.6 billion and the group proposes to maintain the tuition fees from the income generated from its own assets. Ahead of soaring tuition costs, the slate group’s campaign has been analyzed as an electoral propaganda.
TrueBridge Capital Partners announced the closing of its fourth venture capital fund-of-funds on January 13. The fourth fund-of-funds is secured at its $400 million hard cap.
The video streaming company, Netflix prepares a huge amount of dollar for its content: $6 billion. The amount will be spent on 600 hours of original program. Netflix currently launches an aggressive global expansion which bothers many local content providers.
Michigan county officials declared a state of emergency due to the increasing cases of Legionnaires' disease over the past year amidst the growing concern over the area’s water supply.
