Yahoo Finance WASHINGTON – Dow Inc and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. The X-energy Xe-100 plant featuring four high-temperature, gas-cooled reactors is set to be built at one of Dow’s sites on the U.S. Gulf Coast. The companies plan
Reuters SINGAPORE – Dow Inc is adjusting its carbon footprint and product slate to adapt to climate change and tap evolving consumption trends tied to the global energy transition, a senior executive said this week. Dow has pledged to become carbon neutral by 2050 by boosting the use of renewable energy, such as wind power in the southern United States,
Fox Business Stocks extended losses on Wednesday as COVID-19 lockdown fears gripped investors across the globe. Oil slipped nearly 6% to the $37 per barrel level. The Dow Jones Industrial Average dropped over 900 points or 3%, before bouncing off that low, while the Nasdaq Composite and S&P 500 declined more than 3%. Both the S&P 500 and Nasdaq are now negative for the
CNBC Stocks clawed back some of the steep losses that followed President Donald Trump’s coronavirus diagnosis after House Speaker Nancy Pelosi signaled aid for the airline industry could be coming soon, perhaps even as part of a much-anticipated broad relief bill. The Dow Jones Industrial Average was down more than 400 points at one point after Trump said he tested
From The Hill The U.S. economy added 155,000 jobs in November, below estimates and cooler than October, but the labor market continues to maintain momentum. The unemployment rate held at 3.7 percent for the third straight month, the lowest level since December 1969, the Labor Department reported on Friday. Expectations has been for around 190,000 jobs to be added. Employment
Chem Giant Planning for Growth in 2015 “We believe lower oil prices are a relative positive for Dow and a boost for the global economy.” “The old view of forecasting five years out almost seems to be out the door.” Following the company’s 2014 earnings release—the Dow Chemical Company (ticker: DOW) posted EPS of $3.11 for the year, a 25%
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