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Tiny power plants hold promise for industry under scrutiny, new global nuclear chief says

Tiny nuclear power plants that could be far cheaper to build than their behemoth counterparts could herald the future for an energy industry that has come under scrutiny since the Fukushima disaster.William Magwood, the incoming head of the Nuclear Energy Agency, tells The Associated Press this week that many in the industry are pinning their hopes on the nascent technology. In the United States, Magwood hopes the modular reactors will replace outdated coal plants.But finding long-term investors has been tough. Companies have been drifting away from the project, citing funding and regulatory questions.Microsoft founder Bill Gates is an investor in the reactors, which are slotted together like Lego blocks. They would have factory-built parts hauled by train or truck — making assembly possible anywhere....

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  1. Next Week: Earnings Dominate the Calendar

    A huge week ahead for earnings and key housing news released

  2. Week Ahead: Earnings Dominate the Calendar

    Earnings reports dominate next week’s calendar with Apple’s earnings – as usual – expected to garner the most attention.Due Wednesday after the close of U.S. markets...

  3. Facebook, Google more a threat to individuals than the NSA?

    FBN’s Lou Dobbs on the power of tech giants such as Facebook and Google.

  4. Around 50 million Android smartphones are still vulnerable to the Heartbleed Bug

    Android users may be more susceptible to the Heartbleed Bug than previously thought. According to data from The Guardian , around 50 million Android smartphones are ...

  5. Google’s earnings miss creating buying opportunities for investors?

    GVA Research LLC. Principal David Garrity on Google’s first-quarter results and outlook.

  6. Nadella Pushes Data Culture At Microsoft

    Microsoft Corp (NASDAQ:MSFT) needs a "data culture" to thrive in the new computing environment, according to chief executive Satya Nadella, in his third public appea...

  7. Microsoft Downgraded to 'Hold' as Nokia Device Sales Slide

    Microsoft (NASDAQ:MSFT) was downgraded to “hold” from “buy” on Monday by Deutsche Bank (NYSE:DB) as the brokerage expressed concern over the software maker's $7.2 bi...

  8. Microsoft ’s new strategy

    FBN’s Liz MacDonald on Microsoft ’s Nadella launching a ‘data culture’ strategy.

  9. French economist: tax the rich!

    Steve Forbes and Steve Moore on why taxing the rich is not a good plan for improving the economy.

  10. Microsoft to offer Windows for free on phones, tablets

    Microsoft Corp is to give away its Windows operating system to makers of smartphones and small tablets as it seeks to make more of an impact on those fast-growing ma...

  11. Microsoft to Offer Windows for Free on Phones, Tablets

    Microsoft Corp (NASDAQ:MSFT) is to give away its Windows operating system to makers of smartphones and small tablets for consumers as it seeks to make more of an imp...

  12. Will Satya Nadella transform Microsoft ?

    Former Medtronic CEO William George on Microsoft under Satya Nadella.

  1. Microsoft : Xbox One Sales Top 5M

    Microsoft (NASDAQ:MSFT) has sold more than five million Xbox One gaming consoles to retailers, trailing rival Sony (NYSE:SNE).When it reported sales of 3.9 million i...

  2. Keystone Pipeline deadline extended

    Claman on Call: FBN’s Liz Claman with an after-hours web exclusive on the overseas markets, the crisis in Ukraine, Keystone Pipeline and Microsoft .

  3. IBM Leads Tech Losses After Disappointing Results

    Big losses from IBM Corp. highlighted what was mostly a negative trading session for tech stocks Thursday, as the computer-services giant's shares fell more than 4% ...

  4. Nokia Suspends European Tablet Sales Due To Charger Fault

    Nokia has suspended sales of its Lumia 2520 tablet in some European countries while it fixes a fault with charger units which it said on Thursday could pose a risk o...

  5. US smartphone thefts doubled in 2013

    The number of smartphones stolen in the U.S. doubled last year, with an estimated total of 3.1 million handsets being taken from their owners. That's an increase fro...

  6. As IBM Sells Off, Investors Ask: What's Next?

    Shares of IBM (NYS:IBM) are taking a hit in afternoon trading, shaving more than 40 points off the Dow Industrial Average. The world’s largest technology-services co...

  7. Recharge your smartphone in 30 seconds?

    StoreDot CEO Doron Myersdorf on the company and its quest to create a smartphone battery that can recharge in 30 seconds.

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