This photo taken in August 2013 shows the Nos. 3 and 4 reactors of the Vogtle power plant being constructed by contractor Westinghouse Electric. Photo: Kyodo News via Getty Images

Brookfield Business Partners, a listed unit of Canadian infrastructure investor Brookfield Asset Management, has agreed to buy bankrupt U.S. nuclear power company Westinghouse Electric for around $4.6 billion.

Why this isn't surprising: Westinghouse is the only U.S. company to receive U.S. building permits for new nuclear power plants since the Three Mile Island incident nearly 40 years ago – but billions of dollars in cost overruns led the company to file for chapter 11 protection in March. The mess essentially cost Westinghouse owner Toshiba more than it initially paid to purchase the business in 2006.

Connections: The deal is tied to utility giant Dominion Energy's $14.6 billion acquisition of South Carolina's SCANA Corp., announced Wednesday. SCANA has previously partnered with Westinghouse to build a pair of since-scrapped nuclear reactors.

Go deeper: Private equity bids on bankrupt nuclear power company

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Kayleigh McEnany: Trump will accept "free and fair" election, no answer on if he loses

White House press secretary Kayleigh McEnany said Thursday that President Trump will "accept the results of a free and fair election," but did not specify whether he will commit to a peaceful transfer of power if he loses to Joe Biden.

Why it matters: Trump refused to say on Wednesday whether he would commit to a peaceful transition of power, instead remarking: "we're going to have to see what happens."

Sanders: "This is an election between Donald Trump and democracy"


In an urgent appeal on Thursday, Sen. Bernie Sanders (I-Vt.) said President Trump presented "unique threats to our democracy" and detailed a plan to ensure the election results will be honored and that voters can cast their ballots safely.

Driving the news: When asked yesterday whether he would commit to a peaceful transfer of power if he loses, Trump would not, and said: "We're going to have to see what happens."

Ina Fried, author of Login
Updated 1 hour ago - Technology

Amazon launches new Alexa-enabled hardware

Amazon's new spherical Echo smart speaker. Screenshot: Axios

Amazon debuted a range of new Ring, Fire TV and Echo hardware on Thursday, including more environmentally sustainable versions of its audio and video gear. Among the products introduced are a cloud gaming service, a home monitoring drone and new spherical designs for its Echo and Echo dot smart speakers.

Why it matters: Amazon, like rivals Google and Apple, typically gives its consumer hardware a launch ahead of the holidays. Apple has already introduced new iPads, while Google has scheduled a Sept. 30 event, where it is expected to debut new audio and video gear, alongside updated Pixel phones.

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