Westinghouse faces bankruptcy endangering U S nuclear project
Westinghouse filed for Chapter 11 in Washington, signaling a financial blow to the U S nuclear industry. The move potentially shifts costs onto utilities and customers as Toshiba’s stake is affected and four AP1000 reactors under construction face uncertain futures. Westinghouse arranged 800 million dollars in DIP financing to continue operations during restructuring.
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Domino's Teams With Starship for Robot Pizza Delivery
Starship Technologies will begin delivering Domino's pizzas in select German and Dutch cities using six wheeled self driving robots. The battery powered sidewalk only vehicles travel up to four mph with loads up to 20 pounds and deliveries are gated by a one mile radius from participating shops.
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Samsung Unveils Galaxy S8 to Rebuild Image After Note 7
Samsung introduced the Galaxy S8 and S8 Plus aiming to restore its prestige after the Note 7 recall and fires. CEO Samung seeks to move past the controversy with redesigned phones featuring curved screens and larger displays, signaling a fresh innovation cycle.
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FDA rejects Mylan generic of Advair inhaler drug
Reuters reports Mylan NV said on Wednesday its application to market a generic version of Glaxo SmithKline's Advair was rejected by the U S Food and Drug Administration. The company did not disclose the reason for the rejection. Advair has generated over 1 billion dollars in annual sales since 2001.
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