A seawater sample taken near Japan's stricken Fukushima nuclear power plant indicated levels of radiation at 7.5 million times the legal limit, according to authorities.
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The Wall Street Journal reports NRG Energy (NRG) CEO David Crane said the power company's plans to build two big reactors at its South Texas nuclear plant could be delayed or canceled in light of earthquake-related failures at a J
In the headlines this morning, the aftermath of the Japanese earthquake and the situation at the Fukushima Daiichi nuclear plant also continued to worry investors after reports of higher-than-allowed levels of radioactive iodine i
Federal Reserve Chairman Ben Bernanke is scheduled to deliver a speech at the Independent Community Bankers of America National Convention at midday.
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U.S equity futures are set to open relatively flat. Overseas, the Asian markets declined, while the European markets were also lower.
The long lines and mob scenes at stores in major Chinese cities were reportedly triggered by a text message rumor claiming radiation from Japan's Fukushima Daiichi nuclear power plant, which was damaged by last week's earthquake a
Shoppers were under the erroneous impression that consuming enough iodine
Rumors of the spread of a radioactive cloud from Japan have spurred crowds to clean out Chinese grocery stories of iodine salts in a misinformed attempt to ward off radiation poisoning on Thursday, reports the LA Times.
The company has an unapproved drug, Protectan, which has so far shown to be effective in treating radiation sickness up to 48 hours after the initial exposure.
Chief Executive Michael Fonstein said Monday, "There are no approved drugs in this area, and we definitely believe we have a very potent remedy. Obviously, our drug is highly relevant. However, it is unlicensed.
Shares of Cleveland BioLabs (NASDAQ:CBLI) jumped sharply for the second day in a row, and are now trading up over 20% from its closing price just this past Friday.
Chief Cabinet Secretary Yukio Edano told residents in the danger zone, "Please do not go outside. Please stay indoors. Please close windows and make your homes airtight,"
"These are figures that potentially affect health. There is no mistake about that."
The major leak came from a fire in the fuel storage pond of the plant's reactor unit No. 4, following an explosion at unit No.
Dangerous levels of radiation leaked from the Fukushima Daiichi nuclear power plant Tuesday, forcing the Japanese government to order 140,000 people in the area to seal themselves indoors.
Many of the losses were due to a rapid sell-off that occurred right as Naoto Kan warned about the radiation risks following the crisis at the Fukushima Daiichi power plant.
The Washington Post is reporting that Japan's Nikkei 225 recorded one of its largest-ever drops, closing at 8605.15 — down 10.55 percent. Coupled with Monday’s 6.2 percent drop, the index has plummeted nearly 17 points in the
Aflac (AFL) also has investment exposure to the giant utility that operates the power stations that were damaged by Friday's massive earthquake, according Marketwatch.
Aflac (AFL) loses ground on concern about possible radiation leaks from Japanese nuclear reactors and how they might affect the largest seller of cancer insurance in the country, Marketwatch.com reports late Monday.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...