Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs

Siemens has announced it will cut 6,900 jobs, about half of them in Germany, over the next “several years” as the company consolidates its three power-related divisions. The November 16 announcement comes just days after U.S. power giant GE announced its own restructuring plan. Lisa Davis, a member of Siemens managing board, said in a […]

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Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs

Siemens has announced it will cut 6,900 jobs, about half of them in Germany, over the next “several years” as the company consolidates its three power-related divisions. The November 16 announcement comes just days after U.S. power giant GE announced its own restructuring plan. Lisa Davis, a member of Siemens managing board, said in a […]

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Dominion to Seek 80-Year Lifetime for North Anna Nuclear Reactors 

Dominion Energy will formally ask the Nuclear Regulatory Commission (NRC) to relicense its two reactors at the North Anna Power Station for 20 more years—effectively extending their operating lives up to 80 years. Dominion Energy Virginia notified the federal regulatory body of its intent to relicense the two reactors in Louisa County, Virginia, which it […]

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Dominion to Seek 80-Year Lifetime for North Anna Nuclear Reactors 

Dominion Energy will formally ask the Nuclear Regulatory Commission (NRC) to relicense its two reactors at the North Anna Power Station for 20 more years—effectively extending their operating lives up to 80 years. Dominion Energy Virginia notified the federal regulatory body of its intent to relicense the two reactors in Louisa County, Virginia, which it […]

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Emerson Offers New $29B Bid to Take Over Rockwell Automation

Global technology and engineering giant Emerson renewed its bid for a $29 billion takeover of Rockwell Automation, the world’s largest dedicated industrial automation firm, saying it remained “convinced” a merger of the companies offered “compelling strategic, operational, and financial merit.” Emerson Chairman and CEO David Farr on November 16 sent Rockwell’s president and CEO, Blake […]

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