Duke shelves plans to build Florida nuclear plant
ST. PETERSBURG, Fla. The largest utility in the U.S. is scuttling plans to build a $24.7 billion nuclear power plant in a small Gulf Coast county in Florida, the company announced Thursday. Duke Energy Corp. said it made the decision because of delays by the Nuclear Regulatory Commission in issuing licenses for new plants, and because of recent legislative changes in Florida. But Duke did not close the door entirely on the Levy County project. The Charlotte-based company said it will still to pursue a NRC license for the plant – something Duke could receive in late 2014 or 2015.
Cruise lines release crime data
MIAMI For the first time, the three largest U.S.-based cruise lines are posting on their websites more comprehensive data about allegations of serious crimes committed aboard ships. The move Thursday by Carnival Corp., Royal Caribbean and Norwegian Cruise Line comes amid growing pressure from Congress and victims groups for greater accuracy about crime at sea. Previously only U.S. Coast Guard figures were available for serious crimes that had been investigated by the FBI. Now the cruise lines are releasing statistics that include allegations even if they were not substantiated.
BMW profits climb 9 percent
FRANKFURT, Germany German luxury car maker BMW AG said Thursday it overcame tough auto markets in Europe to post a 9 percent increase in net profit in the second quarter. Profits rose to 1.39 billion euros ($1.85 billion) from 1.28 billion in the same quarter a year ago as revenue rose 1.8 percent to 19.5 billion euros. The company’s profit performance beat the consensus of analysts’ expectations of 1.29 billion euros as compiled by financial information provider FactSet.
The Associated Press contributed.