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Constellation to lay off more than 800 workers
Constellation Energy Group Inc. will lay off as much as 8 percent of its work force, or more than 800 people, mostly from the commodities trading division that propelled the company to the brink of bankruptcy this year and forced it into a proposed...Tags: Restructuring and Recapitalization, MidAmerican Energy Holdings Company , Shareholders, Bankruptcy, Heating, Ventilating, and Air Conditioning
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CEG to ponder new bid
Constellation Energy Group, which agreed to sell itself to Warren Buffett's MidAmerican Energy Holdings Co. three months ago in the midst of a financial crisis, said yesterday that it will begin talks with its largest shareholder about its unsolicited...Tags: Bloomberg L.P., Baltimore Gas and Electric Co., MidAmerican Energy Holdings Company , Annual and Special Corporate Meetings, France
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Rating agencies review Constellation
Wall Street's three major credit-rating agencies said yesterday that they are studying the latest twist in Constellation Energy Group's pending sale to decide whether changes should be made to the Baltimore company's bond ratings, a source of concern that...Tags: MidAmerican Energy Holdings Company , Groceries, Financial and Business Services, Moody's Corporation, Companies and Corporations
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NRC seeks to allay fear of transport
sun reporterA new round of testing has found that casks used to transport dangerous nuclear waste are capable of surviving a catastrophe such as Baltimore's Howard Street Tunnel fire with no more than minor releases of radioactivity, according to a report presented...Tags: Maryland, Baltimore Weather, Transportation Accidents, Waste, Railway Accidents
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Energy firms to detail merger
Sun reporterConstellation Energy Group and Florida-based FPL Group Inc. are expected to announce today a more than $11 billion merger that will create a Fortune 100 energy giant with joint headquarters in Baltimore and Juno Beach, Fla., a source familiar with the...Tags: Restructuring and Recapitalization, Baltimore Gas and Electric Co., Bank of America Corp., FPL Group, Juno Beach
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French firm seeks nuclear business of Constellation
French utility Electricite de France, rebuffed in its efforts to acquire Constellation Energy Group, is expected today to offer to buy 50 percent of Constellation's nuclear power business for nearly the same price that MidAmerican Energy Holdings Co....Tags: MidAmerican Energy Holdings Company , Baltimore Gas and Electric Co., Government, France, Shareholders
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Constellation, FPL unveil $11.5 billion merger plan
Sun reportersAfter Mayo A. Shattuck III and Lewis Hay III began meeting last spring to discuss a merger of the power companies they lead, they described their talks as "Project NASCAR." Shattuck's Constellation Energy Group Inc. in Baltimore was code-named "Chevy" and...Tags: Restructuring and Recapitalization, Government, Management Change, Juno Beach, Heating, Ventilating, and Air Conditioning
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N. Korea vows to drop nuclear efforts
Times Staff WritersBEIJING -- North Korea pledged today to end its nuclear weapons program and rejoin global treaties aimed at stemming the spread of atomic arms in return for energy aid and diplomatic recognition. During a news conference at the White House today,...Tags: China, George W. Bush, South Korea, Foreign Aid, Defense Equipment
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Biggest winner in Constellation deal is Buffett
"Warren Buffett loses out to the French" was the gist of several headlines yesterday on Electricite de France's deal to invest $4.5 billion in Constellation Energy Group. Constellation's board spurned Buffett's competing offer and blocked his plans to...Tags: The Brink's Co., Baltimore Gas and Electric Co., Energy, Moody's Corporation, Constellation Energy Group
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Tornado just missed nuclear plant
Sun StaffPacking winds of more than 261 miles per hour, the strongest tornado in Maryland's history passed within an estimated two miles of the Calvert Cliffs Nuclear Power Plant in Calvert County on Sunday. Plant officials said yesterday that although the...Tags: Tornadoes, Baltimore Gas and Electric Co., Calvert County, Heating, Ventilating, and Air Conditioning, Defense Equipment
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Colts: Where are they now?
Sid Abramowitz (T) (1983) Marietta, Ga. Salesman for a distributor of packing and paper supplies. Raul Allegre (K) (1983) Austin, Texas. Sports marketing consultant. Mack Alston (TE) (1977-80) Alexandria, Va. Assistant football coach at Howard...Tags: Environmental Pollution, Football, Buffalo Bills, Death, Howard University
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SARS outbreak exposing flaws in China regime
Sun Foreign StaffBEIJING - For all the challenges the Chinese Communist Party has faced since opening the nation to the world a quarter-century ago, only the emergence of a strange new disease known as SARS has managed to expose so many of the government's flaws - and...Tags: Journalism, University of Chicago, China, Health and Safety at School, Television Industry
Dec 4, 2008
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Dec 9, 2008
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Dec 5, 2008
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Jan 11, 2006
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Dec 19, 2005
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Dec 3, 2008
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Dec 20, 2005
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Sep 19, 2005
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Dec 18, 2008
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May 1, 2002
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May 25, 2001
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Apr 23, 2003
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