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DOE announces .5 billion in loans to boost nuclear reactor supply chain

The Department of Energy on Tuesday announced $17.5 billion in conditional loans for utilities and energy companies to buy parts that will strengthen the commercial supply chain for nuclear reactors. Energy Secretary Chris Wright said that the announcement supports President Donald Trump’s executive order by boosting the nuclear industrial base,…

Probook founder George Eliadis has boosted profits for small businesses with AI

A Wharton graduate who started out pressure-washing homes with his dad in upstate New York has raised $40 million in venture capital to streamline the operations of mom-and-pop businesses with artificial intelligence. George Eliadis built Probook, an AI operating system, with the needs of electricians, plumbers and HVAC technicians in mind. He said people running these types of businesses often find it difficult to efficiently dispatch their workers to the dozens of jobs they receive,…

Business

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Bath & Body Works, Ulta Beauty announce partnership across 600+ stores

In a major shift to capture changing consumer foot traffic, Bath & Body Works is expanding its retail footprint well beyond its own storefronts. The legacy specialty retailer announced Tuesday a strategic partnership with Ulta Beauty to bring its products to the beauty retailer’s nationwide network. The rollout, which will…

Markets

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Investing

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