Word: constructionism
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Areva has soared on nuclear's second coming. But its 2008 profits--$824 million on $18.4 billion in sales--were down 17% from 2007, owing mostly to a whopping $2.4 billion write-down linked to construction troubles with what is supposed to be its leading-edge Finland reactor.
By focusing on its latest reprocessing technology, which produces less waste, Areva aims to capture one-third of the new reactor construction market by 2030. That will be increasingly difficult because competition is heating up. Siemens now looks set to form a partnership with Rosatom, the industry's second biggest...
The Deputy Foreign Minister declined to comment on how Islamabad would react in the event of sanctions or tougher forms of pressure on Iran. Instead, Islamabad's focus remains on an "enhanced level of engagement" that can draw Iranian support for Pakistan's "energy, trade and communications" sectors. The new...
While Harvard seems to be moving to halt construction in Allston, Columbia officially kicked off construction for their new 17-acre campus in Manhattanville yesterday. Of course, their endowment fell only 16 percent this past year, so they may have a bit more wiggle-room—both in terms...
Why do you think officials tried to obscure some of the faulty decision making and communication on 9/11? It's almost a culture of concealment, for lack of a better word. You have someone like Sandy Berger, who by all accounts is a decent guy, taking rather extreme measures to...