Latest news with #Palisades
Reuters
a day ago
- Business
- Reuters
US approves environmental review for Michigan nuclear plant restart
WASHINGTON, May 30 (Reuters) - The U.S. on Friday said Holtec's planned restart of the Palisades nuclear power plant in Michigan would not harm the environment, a needed step in its plan to become the first such plant to return from permanent shutdown. The Nuclear Regulatory Commission conducted the environmental review of the Palisades reactor restart with the Department of Energy's Loan Programs Office. Opponents of the restart had expressed concerns that steam generator tubes at Palisades are degraded because standard maintenance procedures were not followed when the plant went into shutdown. Holtec says it is plugging the tubes. The LPO, which supports nuclear projects that are unable to get bank loans, closed a $1.52 billion loan guarantee for the Palisades restart in September 2024. President Donald Trump's administration provided the third disbursement of that financing, nearly $47 million, in April. Power company Entergy (ETR.N), opens new tab shut the 800-megawatt Palisades reactor in 2022, two weeks ahead of schedule over a glitch with a control rod. It had generated electricity for more than 50 years. Holtec bought the plant to decommission it, but now hopes to reopen it. U.S. power demand has been rising for the first time in two decades on the boom in data centers and artificial intelligence. Holtec says Palisades could reopen as soon as October. But it needs additional permits from the NRC. "Pending all federal reviews and approvals, our restart project is on track and on budget to bring Palisades back online by the fourth quarter of the year," said Holtec spokesperson Nick Culp. Alan Blind, engineering director at the plant from 2006 to 2013, said in an editorial this month that if steam generator problems lead to a shutdown, it would "erode public confidence, damage investor trust, and raise serious safety concerns." The NRC is reviewing Holtec's proposed repairs, said Scott Burnell, an agency spokesperson. "Holtec must demonstrate the Palisades steam generators will fulfill their safety functions before the plant restarts," Burnell said.
Washington Post
a day ago
- Business
- Washington Post
D.C. has too many restaurants. It's time for some to go.
The debate about the elimination of the special minimum tipped wage, as was noted in Marc Fisher's May 23 op-ed, 'In D.C.'s new world of eating out, when is a service fee a tip?,' ignores an inconvenient truth: D.C. has too many restaurants. I live in the Palisades. In my neighborhood, within three blocks of my house, there are six restaurants. If I extend that range to a still-doable 15-minute walk, there are four more. But I don't have a drugstore within that three-block radius, or a hardware store, or a bookstore, or a full-service grocery store. Restaurants make so much money that they can afford to pay higher rents than other kinds of stores, and the result is less variety in the local commercial market.
Yahoo
3 days ago
- Business
- Yahoo
Rick Caruso Confirms 2026 Reopening of Palisades Village, New Elyse Walker Flagship Boutique
Palisades Village — the luxury shopping and dining destination that ultimately served as a tony town square for residents of Pacific Palisades, California — is eyeing a reopening of 'early to mid' 2026 in the wake of catastrophic fires that ravaged the area. Palisades Village owner Rick Caruso and key members of his Caruso team were on site Wednesday afternoon for an official press conference to announce the news and reveal that Palisades retail guru Elyse Walker will aid revitalization efforts by bringing her namesake shop to the flagship space on the corner of Sunset Boulevard and Swarthmore Avenue. Walker, who opened her Palisades store in 1999 and expanded over the years into something of a retail empire with stores in New York, Newport Beach and Southampton, lost her shop on Antioch Street in the Palisades Fire. More from The Hollywood Reporter How Netflix's Latest 'Fear Street' Slasher Film Created a Terrifying Prom Experience for Fans Inaugural Pride LIVE! Hollywood Event Set for June With Film Screenings, Premieres, Tributes to Norman Lear, 'Golden Girls,' 'Queer as Folk' and More The Upfronts Tease the Most Coveted Luxury Real Estate Projects In the World 'Today marks an important milestone for Palisades Village as it signals not only hope, but our steadfast and unwavering commitment to the Palisades. Our future here at Palisades Village is brighter than ever,' said Caruso CEO Corinne Verdery to kick start the press conference against the backdrop of an 'active' construction zone, hard hats and all. 'Our end goal is simple, it's to bring families back, small businesses, jobs, spark economic revival and make Palisades stronger.' They plan to accomplish that by reconstructing the public park inside Palisades Village, rebuilding streetscapes around the hub to 'beautifully restore the sidewalks, lighting and landscape,' bringing back the annual Christmas tree lighting and Menorah celebration this holiday season and adding 'an exciting new dining concept,' the latter of which will be announced in the coming months, Verdery confirmed. She then welcomed her boss to the podium. Caruso, the billionaire businessman who made a bid to become mayor of Los Angeles, has emerged as a key figure in the city's rebuilding efforts. He founded Steadfast L.A., an organization led by the private sector to 'prioritize action, accountability and results over red tape.' 'When the fire hit, and obviously in the wake of that fire, it touched every corner of our city. I became a student of what it takes to bring back a city or a town or a community from a disaster,' offered Caruso in opening his comments. What he learned was that public and private partnerships become key to rebuilding efforts 'because the problems are too big for a government alone,' and that common spaces that foster community become even more crucial. 'People want to congregate. They want to shop, they want to dine, they want to gather, they want to have a cup of coffee with their friends and their family. So how do we accelerate all of this? It's not only about rebuilding a town, it's about an acceleration of the rebuilding,' he added. 'I believe you have to have an economic engine. If you look at all the examples around the country or around the world, if you have a partner — whether it's a retailer or a restaurateur that believes in the future of a community that's committed not only to great commerce but great community — you create a powerful partnership.' That thinking led Caruso to pick up the phone 'a few weeks ago' to share his big idea that called for her to move into the Palisades Village space formerly occupied by Saint Laurent. 'Elyse said, 'I am in, let's rebuild the Palisades,' recalled Caruso, who saved Palisades Village with the help of a private for-hire firefighting team. 'Then she said something that was very powerful. She said, 'We will be unstoppable.'' Caruso then welcomed Walker to the podium with quite a compliment: 'In my 35 years of being in the development business, I've done business with a lot of retailers, the best and the brightest, but let me tell you something, there is nobody better than Elyse Walker.' The Palisades resident and retail vet, who raised her two sons in the city and opened a shop there so she could walk them to school, expressed optimism about the announcement while also nodding to the destruction still visible on all the surrounding streets. 'Today is an exciting day. It's also with mixed emotion as just five months ago, we watched our beloved community of the Pacific Palisades experience incredible loss, and my team and I lost our flagship Elyse Walker Palisades store, our work home, a store that had just celebrated 25 years,' she explained of the elysewalker boutique. 'However, I have always believed that the Palisades community is strong, and that in time we would heal and rise up together. Today is the beginning of our rebuilding efforts.' She called this moment 'the most pivotal time in the Palisades community history,' and said that her new location will mirror the old one and align with what Caruso has created at Palisades Village by becoming a hub for community and something more than a place that sells clothing, handbags and designer items. 'Our goal is to create jobs and enthusiasm. Reopening in the Palisades and moving our flagship across the street to the Palisades Village is incredibly exciting and important as we focus our efforts on supporting the strong and resilient town,' she said. 'We fully intend to recreate the Elyse Walker experience at the Palisades Village and look forward to a time very, very soon when we can open our doors and our community can reunite.' Best of The Hollywood Reporter Most Anticipated Concert Tours of 2025: Beyoncé, Billie Eilish, Kendrick Lamar & SZA, Sabrina Carpenter and More Hollywood's Most Notable Deaths of 2025 Hollywood's Highest-Profile Harris Endorsements: Taylor Swift, George Clooney, Bruce Springsteen and More
Yahoo
4 days ago
- Business
- Yahoo
Los Angeles wildfire victims may be missing relief money, County Assessor says
The Los Angeles County Assessor's Office is warning wildfire victims that they may be missing out on important tax relief or refund checks due to invalid addresses. Officials said Tuesday that while many property owners have already received lower property tax bills or even partial refunds through state disaster relief programs, hundreds of those checks and notices are now being returned to the county because the listed mailing addresses are no longer valid. 'In numerous cases, the original property—and with it, the recorded mailing address—was destroyed in the wildfires,' the assessor's office said. 'Getting relief into the hands of wildfire victims is a top priority for our Office,' said County Assessor Jeff Prang. 'But we need their help in updating contact information so that relief can reach them without delay.' After the fires, the Assessor's Office says it took a proactive approach in reviewing damage across all areas included in the official disaster declarations. All properties, even those in which the owner didn't file paperwork, have received lower property values if any damage was found. That decrease in property value results in a lower tax bill for homeowners and, in many cases, tax refunds. Homeowners whose properties were affected may have already received a Notice of Assessed Value Change, which is a letter that explains how much their property's taxable value has been temporarily reduced due to damage. This can significantly reduce their property tax bills until the home is repaired or rebuilt, officials said. But to get refund checks or future notices without delay, homeowners must make sure their current mailing address is on file with the county. Pacific Coast Highway reopens early following Palisades Fire closure The Assessor's Office stresses that a change in address does not change the location of the property, but simply ensures that important documents and refunds are delivered to where the owner can actually receive them. 'We understand how devastating these fires have been, and we are committed to making sure impacted property owners receive the support they're entitled to,' Prang said. Los Angeles County homeowners can update their mailing address by visiting the County Assessor's website. For more details about wildfire-related tax relief, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
6 days ago
- Climate
- CBS News
Palisades Tahoe finishes spring ski season with sunshine over Memorial Day weekend
PALISADES – Palisades at Tahoe was busy this Memorial Day weekend as it's down to its final hours of people hitting the slopes. There was still snow on the ground, but greenery, fishing, camping, hiking and water activities were also in full swing. "There's actually quite a bit of snow up on the top," said Danny Day, who skied on Sunday. "You can go skiing in the morning until 1 or 2, and then you can go to the beach and Tahoe." It was really the best of both worlds for people at the closing weekend at Palisades. It's the best of both worlds at closing weekend in Palisades. "I actually didn't ski today," said Gavin Oura, who was out at Palisades Sunday evening. "I am in transition into summer mode, so I am getting the bikes out and the toys ready for summer." The sun is shining, and the slopes may be a bit slushy, but that's not stopping snowboarders and skiers from hitting them one more time this season on Memorial Day. "Tomorrow I am going to go all day slopes," said Rich Busch, who owns Truckee Brew Biscuits, one of the dozens of vendors who popped up a tent at Palisades for the Made in Tahoe festival this weekend. The festival is a spring tradition that brings the community together as Tahoe transitions from one season to the next. "It wasn't the best winter we've ever had, but it was definitely busy." Said Max Kesterson, who works at Fireside Pizza Company. Palisades will have its final day on the slopes on Memorial Day, Monday, from 8 a.m. until 2 p.m. "Definitely will be back out tomorrow," said Oura. "It's always the last hurrah of the season. bit of a party all over the mountain."
