Constellation Energy News
The Ultimate Golf Club: Those Who've Played With Tiger
Twelve astronauts have walked the moon. The number of CEOs who have walked a golf course with Tiger Woods isn't much higher. For all his billions and passion for the game, Warren Buffett has played but one hole with Woods, a hole that Woods won playing each stroke from his knees. The day Woods and
In bad economy, CEOs don't want to be seen playing golf
Many CEOs have been shamed into playing less golf, or at least humiliated enough by their tanking public image to play their rounds on the sly. "CEOs are golfing less … and those that are still golfing are probably talking about it less," says Steve Bennett, who retired as CEO of Intuit in December
Buffett's Berkshire invests in Wells Fargo, US Bancorp, J&J
Warren Buffett's company found more bargains among beaten down marquee stocks during the first quarter as it added to its sizable investments in Wells Fargo, US Bancorp and Johnson & Johnson. Berkshire Hathaway revealed those investments and several other changes to its roughly $41 billion U.S.
Nuclear power inches back into energy spotlight
The nation's nuclear power industry — stuck in a decades-long deep freeze — is thawing. Utilities are poised to build a new generation of nuclear plants 30 years after the Three Mile Island accident, whose anniversary was Saturday, halted new reactor applications. The momentum is being driven by
Bush Environment Chief Joins Power Company
James Connaughton, who chaired the White House Council on Environmental Quality in the Bush Administration, has joined Constellation Energy, a major power company that also specializes in the shipping and selling of coal. He'll be an executive vice president for...
Think Powerful CEOs Get Everything? Think Again.
The Tiger Woods Club Is About as Select as it Gets for Chief Executive Officers
Berkshire Hathaway sheds half of J&J stake
Billionaire investor Warren Buffett's company sold more than half of its stake in Johnson & Johnson in the last three months of 2008. Omaha-based Berkshire Hathaway ( BRKA , BRKB ) filed documents with the Securities and Exchange Commission late Tuesday that provide a snapshot of its holdings at
Constellation cancels deal with Buffett unit, OKs French deal
Constellation Energy ceg said Wednesday it will sell half of its nuclear power business to French state-controlled nuclear power company EDF for $4.5 billion, scuttling a $4.7 billion offer from a unit of Warren Buffett's Berkshire Hathaway brka / brkb for all of the company. Constellation Energy
NRG rejects Exelon's $6.1B buyout offer
Power generator NRG Energy on Sunday rejected an unsolicited $6.1 billion all-stock bid from nuclear power giant and utility operator Exelon, calling the offer, which would create the largest U.S. power company, too low. Princeton, New Jersey-based NRG Energy also said it rejected the proposal