The Nuclear Regulatory Commission recommended issuing an early site permit for the Tennessee Valley Authority's proposed Clinch River nuclear site in west Oak Ridge, after the final environmental impact statement was issued.
TVA plans to build at least two small modular nuclear reactors on its 935-acre site on the Clinch River in Roane County, not far from the Bull Run Fossil Plant, which TVA is closing for lack of demand.
Small modular nuclear reactor designs are not yet available because the technology is still being developed and TVA has no timetable for building the new reactors. But backers of the smaller reactors hope they can be build with standard designs at less cost and, because of their size, be safer and more flexible than today's nuclear plants.
TVA applied for the early site permit in May 2016, and the first draft of the environmental impact statement was published last year. But before any construction may begin, TVA must seek a permit for the plant's construction and operation.
First Tennessee, SunTrust among Forbes best banks
In its first-ever list of the World's Best Banks, Forbes magazine listed four banks with operations in Chattanooga on its list.
Among 60 top banks recognized in the United States, the list includes First Tennessee, SunTrust, BB&T and Synovus.
To determine the World's Best Banks, Forbes partnered with market research company Statista to identify how financial institutions were rated by their own customers. Statista surveyed more than 40,000 consumers across various age groups in 23 countries.
In total, 415 banks were named to the list.
JetBlue adds flights to London in 2021
After mulling it over for a long time, JetBlue is taking a leap across the pond.
JetBlue CEO Robin Hayes announced Wednesday that the airline will start flying to London from New York and Boston in 2021.
JetBlue leaders have been talking about the possibility of flights to Europe since mid-2016, around the time they announced plans to tweak their Airbus orders to get a longer-range plane.
Hayes says customers want the service, and the move will help JetBlue strengthen its position in New York and Boston.
The CEO announced the move during an employee gathering at New York's John F. Kennedy International Airport.