The Texas-based energy company TXU was, under the Bush administration, supposed to be the cutting edge of a coal resurgence. The 2007 leveraged buyout of TXU is widely regarded to be one of the worst deals in private equity history. But the firms that led it -- KKR, TPG, and Goldman Sachs -- made money with big fees even as the company tumbled toward financial ruin.
"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."
"L'AQUILA, Italy -- Six scientists and a government official were sentenced to six years in prison for manslaughter by an Italian court on Monday for failing to give adequate warning of an earthquake that killed more than 300 people in L"Aquila in 2009."
"When it comes to feeding your children organic food, pediatricians have new advice for parents. Organic produce and meat might be worth the hefty price tag, but you can probably skip the organic milk."
"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."
"SHIPPINGPORT, Pa. -- Chesapeake Energy has a permit to frack just one mile from the Beaver Valley Nuclear Power Station in Shippingport. Whether that is cause for alarm, experts can’t say."
"Federal appeals court judges gave no indication [Friday] that they see any significant legal obstacles to the Fish and Wildlife Service's decision to list the polar bear as threatened under the Endangered Species Act."
"MADRID -- Farmers drilling ever deeper wells over decades to water their crops likely contributed to a deadly earthquake in southern Spain last year, a new study suggests. The findings may add to concerns about the effects of new energy extraction and waste disposal technologies."
"Already divided over the issues of climate change and sea-level rise, Delaware politicians, voters and communities now face a costly debate over short- and long-term rescue options for eroding beaches along the Delaware Bay and Delaware River."
"The day after the November 2010 elections made clear President Obama’s greenhouse-gas legislation was doomed, he vowed to keep trying to curb emissions linked to global warming. There’s more than one way of 'skinning the cat,' he told reporters."
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