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US to let nuclear plants defer repair works

Bloomberg US regulators are willing to let nuclear power plants defer some maintenance and inspections as the coronavirus threatens availability of workers. The Nuclear Regulatory Commission (NRC) expects to issue guidelines for operators to request permission for employees to work longer than allowed under current regulations. The agency expects to add additional sections covering maintenance as soon as possible, a ...

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IMF sees a recession at least as bad as global financial crisis

Bloomberg The International Monetary Fund (IMF) said it expects a global recession this year that will be at least as severe as the downturn during the financial crisis more than a decade ago, followed by a recovery in 2021. Nearly 80 countries have asked the Washington-based IMF for emergency finance, Managing Director Kristalina Georgieva said in a statement following a ...

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AT&T seeks larger $5b term loan from banks

Bloomberg AT&T Inc. is in discussions with banks for a new $5 billion term loan as it seeks alternative short-term financing options following a spike in commercial-paper costs, according to people familiar with the matter. The talks are still in flux and details may change, said the people, who asked not to be named because the discussions are private. The ...

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