Ohio gas plants push coal out as question turns west
Bloomberg reports natural gas is overtaking coal on the Atlantic seaboard and moving into Ohio with at least six new gas plants planned in the Ohio River valley over four years. Avon Lake converts from coal to gas, while critics warn of tax revenue and environmental impacts as coal shares drop from 86 percent in 2006 to about 58 percent last year.
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Samsung unveils Galaxy S8 with larger screens and virtual home button
Samsung introduces the Galaxy S8 and S8 Plus after the Note 7 recall. The phones feature bigger displays, no physical home button, a new voice assistant, and redesigned bezels. Battery capacity stays similar with improved safety tests including X-rays and extreme-temperature stress. The S8 starts around 750 dollars and the S8 Plus around 850, with release set for April 21.
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FDA pick seeks shortened path for generic drugs
President Trump nominated Scott Gottlieb to head the FDA promising faster approvals for generic medicines. He aims to streamline reviews of complex formulations and drug delivery devices, potentially without new legislation, to curb high drug costs despite pushback from major pharma firms.
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Kushner Anbang end talks on 666 Fifth Avenue redevelopment
Kushner Companies and Anbang Insurance Group have ended talks to redevelop 666 Fifth Avenue. The move comes as the property struggles financially and lawmakers had scrutinized ethics concerns over the deal. Bezos rises to second richest as Amazon gains.
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Anbang Insurance Group
Donald Trump
Jared Kushner
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Kushner
Anbang
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