Monday, May 14, 2012

DiNapoli's nuclear safety review proposal fails

Dominion shareholders defeat safety-review plan
Dominion Resources' shareholders defeated New York Comptroller Thomas DiNapoli's proposal for the company to reassess its nuclear-safety practices. DiNapoli, who represents more than 2 million shares in the company, said that last year's 5.8-magnitude earthquake on the East Coast prompted the shutdown of the company's North Anna Power Station in Virginia, and federal regulators later determined that the incident exceeded the plant's design parameters. The Wall Street Journal/The Associated Press
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