TransCanada Trying to Flip Power Plant
Six weeks ago, TransCanada Corp. closed a deal to buy a power plant in Pennsylvania. On Thursday, the company put it back up for sale. The 704-megawatt Ironwood natural gas-fired power complex that TransCanada bought for $657 million from Talen Energy Corp. is back on the block as the company looks for ways to finance another acquisition worth 15 times more, the company said Thursday. In fact, the company’s putting a whole set of U.S....
Starbucks Reports Holiday Growth
Retailer after retailer has announced in recent weeks that they saw tepid or downright disappointing sales during the crucial holiday season. And then came Starbucks, dropping a blockbuster earnings report on Thursday that stands out as a clear bright spot in retail. The coffee giant reported that revenue soared 12 percent to a record $5.4 billion. Sales at its U.S. restaurants open more than a year were up 9 percent, and nearly half...
Japanese Tech Firm Offers Childlike Robot With ‘Heart’
Urayasu, Japan — Technology company Softbank’s Pepper robot went on sale in Japan on Saturday, equipped with a “heart” designed to not only recognize human emotions but react with simulations of anger, joy and irritation. The robot, which has no legs and moves on wheels, was shown to reporters and guests at a Tokyo area theater Thursday. It has a hairless head and moving arms and went through a year of software development after first...
