The bankruptcy of Westinghouse Electric Co., the Pittsburgh-based nuclear power company, is a geopolitical setback for the U.S. It halts a long-standing U.S. effort to get Eastern European countries to buy U.S. rather than Russian fuel, and leaves state-controlled Russian and Chinese companies the dominant suppliers in the huge global market for nuclear technology. Source Bloomberg
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Maine’s largest city will no longer celebrate Columbus Day as a municipal holiday. The Portland City Council voted unanimously Monday to designate the second Monday in October as Indigenous Peoples’ Day. The vote came after nearly an hour of public comment. Source pressherald
French President Emmanuel Macron signs the controversial labor reform legislation, which sparked mass protests in the country. The reforms would make it easier for companies to hire and fire workers, as well as give them more authority over pay and working conditions. Source: Sputnik
Banks and building societies are to carry out immigration checks on 70m current accounts from January in the biggest extension of Theresa May’s plans to create a “hostile environment” for illegal immigrants in Britain, the Guardian has learned. Source: The Guardian