The Food and Drug Administration is banning imports of milk and fresh fruit and vegetables from areas near the Fukushima Daiichi nuclear plant that was damaged by the March 11 earthquake and tsunami. Get the full story »
Inside these posts: Japan nuclear emergency
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Deere expects delays in excavator deliveries
Deere & Co. said Friday it expects delivery delays for some construction excavators built under a joint venture with Japanese equipment manufacturer Hitachi. Get the full story »
Caterpillar warns of supply chain disruptions
Caterpillar Inc. said disruptions in its supply chain in Japan could sporadically affect the company’s assembly plants elsewhere in the world.
The Peoria-based manufacturer of construction equipment said Friday it is attempting to secure alternative sources for components produced by Japanese-based suppliers in case they aren’t able to provide sufficient volumes of components in the aftermath of last week’s earthquake and tsunami in northeast Japan. Get the full story »
Quinn to seek higher fees on nuclear generators
Gov. Pat Quinn says he plans to seek higher fees on power generator Exelon Corp. to ensure the safety of Illinois nuclear power plants in the aftermath of Japan’s nuclear crisis.
Japan quake insured loss may reach $25 billion
Friday’s earthquake in Japan caused insured losses of between $12 billion and $25 billion, making it one of the costliest natural disasters in history for global insurers, catastrophe risk modeling firm Eqecat said. Get the full story »
Shares of Exelon, other nuclear operators fall
Nuclear generators’ shares are falling on concerns they will face greater scrutiny and new regulations as Japanese utilities try to prevent meltdown at a number of reactors.
Exelon, the largest U.S. nuclear operator, is down 2.9 percent, to $41.91, in early afternoon trading on the New York Stock Exchange. PSEG is down 3.2 percent, to $3.36, and Entergy has dropped 5.6 percent, to $69.58. Get the full story »
