Nuclear industry slows gains after Three Mile Island
Westinghouse president Hurlbert and industry officials say nuclear demand fell after the Three Mile Island accident, but safety reviews and reforms are underway. They note a slower growth outlook, with emphasis on safety improvements and transparent communication to restore public trust while maintaining employment and project momentum.
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Stocks rise during week as markets rally variables
Stocks gained strength through the week led by CNA Financial up 13 percent and IBM firming. Pan Am and National Airlines activity boosted aviation shares while NASDAQ Composite hit a record 142.63. Major movers included American Telephone & Telegraph and MGIC amid takeover speculation and merger chatter across the industry.
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