GE Vernova, a spinoff of General Electric, is looking to deploy small modular reactors across the developed world to meet rising electricity demand and reduce carbon emissions. The company’s BWRX-300 reactor aims to simplify design and construction, potentially cutting costs to $2-4 billion compared to $10-15 billion for larger plants. GE Vernova is targeting $2 billion in annual revenue by the mid-2030s, with plans to ship three to four reactors per year to meet demand in the U.S., Canada, the UK, and Europe.
Full Article
ABC agrees to give $15 million to Donald Trump’s presidential library to settle defamation lawsuit
ABC has agreed to pay $15 million to settle a defamation lawsuit brought by former President Donald Trump. The settlement will go towards funding Trump's presidential library. This decision comes after a legal battle stemming from ABC's coverage of Trump during his time in office. Full Article
Read more