Fracking has brought economic boom times to some parts of the U.S. As the price of natural gas sinks, the question arises: what will happen when the boom is over?
Economy & Business
"Solyndra, the solar panel maker that failed despite a $528 million federal loan, on Monday won court approval for its plan to repay creditors and end its politically charged bankruptcy, after a judge overruled objections by the U.S. government."
"A year before people began dying of meningitis caused by a tainted drug from a compounding pharmacy in Massachusetts, the Food and Drug Administration worried that compounders across the country might be selling another substandard drug, one possibly made with unapproved Chinese ingredients."
"WASHINGTON -- The owner of a small nuclear reactor in Wisconsin said Monday that it would close the Kewaunee Power Station early next year because it was unable to find a buyer and the plant was no longer economically viable."
Danielle Ivory reports for Bloomberg: "At least 25 federal agencies are outsourcing parts of the FOIA process. The contractors, sometimes using workers with security clearances, are building FOIA software, corresponding with requesters, redacting documents and recommending what information should be withheld."
"Job growth is one of the most important issues of the 2012 election, and a recent report suggests that continued investment in green jobs could be a boon to the U.S. economy."
"As the wind industry clamors to renew a key tax credit (again), industry leaders explore how to break free from the boom-bust cycle the subsidy has them trapped in."
"Running out of room to dump coal waste and facing thousands of dollars in fines over blowing ash, Louisville Gas and Electric Co. on Monday said it plans to shut down its Cane Run power plant in May 2015, eight months earlier than expected, to replace it with a natural-gas fired plant."
"An intense advertising blitz, funded by Monsanto Co and others, has eroded support for a California ballot proposal that would require U.S. food makers to disclose when their products contain genetically modified organisms."
"A political deal that paved the way for a private equity firm to take over the East Coast's largest refinery has been challenged by Philadelphia-area activists."