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NextEra Energy to buy 2 utilities, 1.4GW power plants from Southern Company for $6.4bn

Companies Wednesday May 23, 2018 10:26AM ET
NextEra Energy
NextEra Energy announced it has entered into definitive agreements with Southern Company to acquire Gulf Power, Florida City Gas and its ownership interests in the Oleander and Stanton natural-gas generating plants located in Florida in transactions valued at approximately $6.475 billion, including the assumption of approximately $1.4 billion of Gulf Power debt.

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BUSINESS

American family
 
Growing wealth gap between families with children and seniors
Wednesday May 23, 2018
The wealth gap between households of seniors and those with children has ballooned since 1989, a new study finds.
 
 
Potala Palace
 
Tibetan Buddhism heritage site, the Potala Palace, saw 1.45 million tourists in 2017, up 5.8 percent year on year, sources with the palace administration said.
 
 
China International Tea Expo
 
The volume of tea trade at the second China International Tea Expo increased from 67.8 million yuan last year to 103 million yuan ($16.2 million).
 
 

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POLITICS

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COMPANIES

Rio Tinto
 
Rio Tinto urges Mongolia not to tamper with mine deal
Wednesday May 23, 2018
Rio Tinto urged the Mongolian government not to tamper with the contract on the Oyu Tolgoi mine in the Gobi desert if it wants to attract more foreign investors.
 
 
 

 

ECONOMY

 
UK inflationUK inflation unexpectedly falls to 11-month low
Wednesday May 23, 2018 8:49AM ET
 
German private sectorGerman private sector growth at 20-month low
Wednesday May 23, 2018 7:57AM ET
 
 
 

OP-ED

 
Agricultural subsidiesAgricultural subsidies: Paying twice for your food
Wednesday April 18, 2018 7:10AM ET
 
Keep flippingPersistence
Tuesday March 6, 2018 2:49PM ET
 
 

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EARNINGS

Britvic interim revenue and earnings jump
Wednesday May 23, 2018 8:19AM ET
BritvicDrinks maker Britvic posted a jump in interim revenue and earnings but a drop in pre-tax profit as it expressed confidence over the rest of the year.

  • Target posts increase in Q1 earnings
  • Tiffany & Co. posts gain in Q1 profit
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    QUOTE OF THE MOMENT

    John Templeton"If you are not egotistical, you will welcome the opportunity to learn more."

    John Templeton


     
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    Travel

    Airlines   New luxury experience at Los Angeles International Airport

    United: Skip the crowds and enjoy luxury pre-flight or arrival experience

    United Private SuiteWednesday May 23, 2018 8:21AM ET

    United Airlines and The Private Suite offering the airline's customers access to a newly built, private terminal at Los Angeles International Airport (LAX).
    More from Travel

    Health

    Hotter bodies fight infections and tumors better
    Wednesday May 23, 2018 8:00AM ET
    Hotter bodies fight infectionsInfection   The speed of a cellular "clock"
    The hotter our body temperature, the more our bodies speed up a key defence system that fights against tumours, wounds or infections, new research by a multidisciplinary team of mathematicians and biologists from the Universities of Warwick and Manchester has found.

    Gadgets

    Rega RP8 turntable extracts more music from vinyl than ever before
    Friday May 18, 2018 9:23AM ET
    Rega RP8Turntable   All Rega tonearms are meticulously hand built
    The RP8 is a ground breaking turntable which takes Rega’s design philosophy further than ever before.

    Sea, Land, Air

    Mercedes-AMG GT S Roadster: New open-air model
    Thursday May 17, 2018 9:41AM ET
    Mercedes-AMG GT S RoadsterCar   The AMG GT family now has a dozen members
    In time for the spring, Mercedes-AMG is extending its sports car portfolio with the new AMG GT S Roadster as an attractive open-air model.

    Meantime

    Brazil's newly-created protected areas are twice the size of France
    Wednesday May 23, 2018 6:35AM ET
    archipelagos São Pedro e São PauloEcology   More than 938,000 km² of territory
    Brazil continued its efforts to protect the environment in 2018.

    Design

    This spring go crazy with colors for your outdoor space
    Saturday May 12, 2018 2:01PM ET
    Spring color exteriorExterior   Stepping out into colorful nature
    Spring is here and we finally have time to bring a new life to out outdoor space. Thankfully, we can do wonders with a bit of paint, an old wooden deck, and a lot of imagination.
     

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