In a startling turn of events, Assembly Speaker Vincent Prieto just refused to advance a rushed bill that would have subsidized currently thriving New Jersey nuclear plants indefinitely, to the tune of $300 million-a-year. The complex bailout legislation was only introduced on December 1^st and barreled through legislative committees in the waning days of the Christie administration. Nrdc.org

Brookfield Business Partners, together with institutional partners – collectively known as Brookfield – has agreed to acquire 100% of Westinghouse Electric Company from Toshiba Corporation for total of about $4.6 billion, the companies announced today. World-nuclear-news.org

New NP – the Areva NP subsidiary holding the Areva Group’s nuclear reactor operations – has been renamed Framatome following its sale to EDF, Mitsubishi Heavy Industries (MHI) and Assystem. Framatome is the name of a former French reactor vendor from which Areva was originally created. World-nuclear-news.org

Ontario Power Generation (OPG) must cut $500 million from its $16.8 billion budget request for nuclear operations submitted to the Ontario Energy Board (OEB) in May 2016, the utility regulator said Friday. The agency took exception to expenditures that include pensions, benefits and maintenance. Nuclearstreet.com