Looking to buy two half-finished nuclear reactors? It may be your lucky day. US utility owner Scana Corp. dropped a plan to build two reactors at the V.C. Summer power plant in South Carolina after the projected total costs exceeded $20 billion. The cancelation of the project is another blow to the much-hyped (and thus far non-existent) nuclear renaissance in …

Over the last few years, producers belonging to the Organization of Petroleum Exporting Countries have had mixed success at winning the price-setting “game” for oil. To stand a better chance of regaining durable control, they must do a much better job of working together, and, importantly, they need to do so in a much broader and more institutionalized manner. Otherwise, …

It’s been a tough few months in Detroit. After seven years of gangbuster sales, the US auto market is skidding badly. The American car and truck segment is remarkably easy to get a handle on, but a look at some of its indicators may induce some head-scratching. For the past 20 years, the number of licensed drivers has ticked up …