Wales & West Utilities said people affected should not switch their gas supplies off, despite earlier advice from a local authority.
It said: “We are aware that some information has been issued by a third party advising customers to switch their own gas off. This advice should not be followed at this time.”
A company spokesperson said, external: “A third-party has damaged our gas main near Kingsbridge in Devon and we are aware that this is affecting gas supplies to customers in the area, as well as in Marlborough and Salcombe.
“Since being made aware of the damage caused to our pipe, our engineers have been on site planning the necessary repair and are now beginning the process of undertaking the work.
“This is a very challenging repair and it is too early at this stage to say how long it will take to fully restore supplies, however customers should be prepared for an interrupted gas supply for a few days.”
The company said it will update customers as the repair work continues.
“We have also been working hard making arrangements for customers in the area registered on the Priority Services Register to be provided with alternative cooking and heating facilities. We are working to reach these customers as quickly as we can and would ask for patience as we work our way around them.
“In the meantime, we would ask anyone who is aware of a family member or neighbour who may be vulnerable to check in on them until we reach them.
“We are also liaising with the local council to understand what additional support they can provide.
“We would like to thank people for bearing with us as we work to repair the damaged pipe and deal with the disruption it has caused.”
A further update would follow on Sunday morning, the company added.
Norwich Airport says it has had to cancel flights and close due to weather conditions.
The airport reported that it had closed until 16:00 GMT on Saturday after snow, which came after a yellow weather warning for snow and ice was issued by the Met Office.
It said seven flights between the city and Amsterdam, from 3 until 5 January, were cancelled due to weather conditions in the Netherlands.
It encouraged people to contact their airline before travelling to the airport.
Philadelphia Fed President and CEO Anna Paulson gave a presentation at the 2026 Allied Social Science Associations (ASSA) annual meeting. She participated in a panel discussion titled Lifetime Experiences and Implications for Monetary Policy.
In addition to her presentation, President Paulson coauthored the essay “Does Experiencing High Inflation Change Economic Behavior?” Download and read the full essay.
Lifetime Experiences and Economic Behavior
You can view the slideshow that accompanied President Paulson’s presentation at the 2026 ASSA meeting where she participated on a panel titled Lifetime
Experiences and Implications for Monetary Policy. Download a PDF of this presentation.
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.
A grocery store in Squamish, B.C., continued to serve the community even when it was closed for Christmas Day.
Stong’s Market store manager Devon Crane said they wanted to make sure the community was taken care of while the shop was closed.
So, after it closed on Christmas Eve, staff placed commonly forgotten cooking items and food on a table outside the store for people to take, free of charge.
“As you know, on Christmas, everything’s closed, so there’s not many options,” Crane said.
WATCH | Squamish grocery store helps out during the holidays:
Squamish grocery store leaves commonly forgotten Christmas items outside shop for free
Staff at Stong’s Market in Squamish, B.C., left a few commonly forgotten items outside the store on Christmas Eve after closing. The items were free for people to take over Christmas as needed. As CBC’s Alanna Kelly reports, most of the items were taken and the community paid back with kindness, by donating to Squamish Helping Hands Society.
Not only did people take the items, but they also made a kind gesture to other people by donating hundreds of dollars.
“Turkey bags, your gravy, your poultry seasoning, little things like that,” Crane said.
Among the items on the table was a sign with a QR code asking people to consider donating to those in need at Squamish Helping Hands Society — which provides shelter, food, and support to people experiencing homelessness — in exchange for taking an item.
The small table was filled with many of the most often forgotten items for Christmas dinner. (Erin Peters)
Stong’s was able to track that eight people had scanned the QR code, but it couldn’t track the total donations.
Lori Pyne, executive director at Squamish Helping Hands, said the organization hadn’t expected the kind gesture.
“I did not know they were doing it, it came to me from a community member. I think it’s fantastic,” Pyne said.
Security footage shows people walking up to the closed grocery store and taking the items left outside (Stong’s Market)
The organization received $353 through scanned donations between Christmas Eve and Christmas Day, Pyne said.
Pyne said it’s important to recognize that people’s needs differ widely.
“I think it’s important that Stong’s recognized that vulnerable people are people too, and that those donations were meant for people in need, but also for people that needed something that they forgot [to buy],” Pyne said.
“It’s just really important that we all support each other at Christmas,” Crane said.
Grocery store staff were thrilled to hear how much money was raised for the charity. (Alanna Kelly/CBC)
Bank of America is expecting an uptick in dividend payouts in 2026. Dividend growth has historically lagged the growth of earnings per share by about three quarters, said Savita Subramanian, the firm’s head of U.S. equity and quant strategy. With the S & P 500 likely having seen a strong year of EPS growth in 2025, dividend growth should follow, she said. Subramanian is forecasting 8% year-over-year dividend growth in 2026, up from 7% in 2025. “There is ample room for companies to increase dividends, as the S & P 500’s dividend payout ratio sits near its record low at 30%,” she wrote in a note Wednesday. “We believe we are in a total return world, where dividends should contribute more to total returns than the prior decade.” In this environment, Subramanian advises investors to look for companies that have yields that are above market but are not stretched. The S & P 500 currently yields around 1.1%. To find those names, Subramanian and her team first looked at companies in the Russell 1000 index . Then they calculated and ranked companies by their trailing 12-month yield, re-running the screen each month. Those in the second quintile of dividend yielders are less likely to include distressed companies that may migrate up to the first quintile — that is, the highest dividend yield group — if their stock price falls ahead of potential dividend cuts, Subramanian said. Here are some of the stocks that made Bank of America’s latest list. Investors can earn an attractive yield of about 4% with Reynolds Consumer Products . The maker of Hefty trash bags and Reynolds Wrap reported a revenue beat in October for its third quarter, per FactSet. It also topped expectations for adjusted earnings before interest, taxes, depreciation and amortization, but its adjusted earnings per share fell slightly short. Reynolds is winning during a challenging environment, CEO Scott Huckins said in the earnings release. “We are becoming a more agile organization, while implementing programs that leverage the growth and earnings potential of our US-centric business model,” he said. REYN 1Y mountain Reynold’s Consumer Products one-year performance The stock has an average analyst rating of overweight and 20% upside to the average price target, according to FactSet. Shares have fallen 14% over the past year. Macy’s also made the cut. The department store posted its strongest growth in more than three years in December. Its fiscal third-quarter adjusted earnings came in at 9 cents per share, versus the 14-cent loss anticipated from analysts polled by LSEG. Its quarterly revenue also topped expectations. In addition, Macy’s raised its full-year sales and earnings guidance, although it was cautious around holiday spending. The company is in the midst of implementing a turnaround strategy that includes investing in staffing and shuttering lower-performing stores. The stock has an average rating of hold and roughly 5% downside to the average price target, per FactSet. Shares have a dividend yield of 3.2% and have gained about 37% over the past year. Meanwhile, Prologis has jumped nearly 24% in the past 12 months. Shares yield 3.1%. The real estate investment trust, which focuses on warehouses and e-commerce fulfillment centers, raised its 2025 guidance for core funds from operation, or FFO, guidance back in October. FFO is a key measure of cash generated from a REIT. Business has been improving after experiencing vacancies, CEO Hamid Moghadam told CNBC’s Jim Cramer after the company’s latest earnings in October. “Today, we’re at a trough,” Moghadam said. “We already see signs of companies committing to significant amount of space, particularly the strong ones.” PLD 1Y mountain Prologis one-year performance Analysts covering the stock give it an average rating of overweight, per FactSet. It has 3.3% upside to the average price target. Lastly, Exxon Mobil is among the energy names on the list. The stock, which has a dividend yield of about 3.4%, has gained 14% over the past year. Notably, it closed above $120 for the first time in 2025 as the year drew to a close, Jay Woods, chief market strategist at Freedom Capital Markets, pointed out on Friday . That threshold is seen as a key level of resistance. “The risk/reward is looking good and potentially great,” Woods said. “We have eclipsed that $120 level and hope to keep trending above there as we attack major resistance at $126.” Analysts covering the oil giant give it an average rating of overweight, according to FactSet. It has 7.4% upside to the average price target.
Update January 3, 2:30 PM Persistent winter weather conditions are reducing runway capacity at Schiphol. As a result, KLM is forced to cancel 295 flights for January 4. We understand this is inconvenient for our customers. We advise them to keep checking the latest flight information. We are working hard to rebook passengers on the next available flight. We anticipate that these weather conditions will continue and that more cancellations will follow.
Update January 3, 9:30 AM Schiphol is also experiencing disruptions today due to weather conditions: winter weather and an unfavorable wind direction. This has resulted in reduced runway capacity. Other airports in Europe are also dealing with winter weather. Yesterday, KLM had to cancel 114 flights for today. An additional 73 flights have been canceled today. Delays are also expected. We understand this is inconvenient for our customers. We advise them to keep checking the latest flight information. We are working hard to rebook passengers on the next available flight. We anticipate that these weather conditions will persist through the weekend and that more cancellations will follow.
The Vatican Governatorate releases a new app offering the contents of its official website in a quick and intuitive way, making it possible to consult news, announcements, and official communications.
Vatican News
The new official app from the Governorate of the Vatican City State is dedicated to St. Carlo Acutis and his IT skills.
The application offers the contents of the institutional informational website www.vaticanstate.va and has been designed to make access to information even easier, quicker, and more user-friendly on mobile devices.
The new app allows users to quickly and intuitively browse news, announcements, and official communications, improving the browsing experience and making the information more accessible.
Among the main features of the app are updated access to news and institutional communications, push notifications for the latest news, simplified navigation optimized for smartphones and tablets, and better accessibility and usability of content.
Screenshots of the Vatican Governatorate’s new app
Features
The application includes various sections: the saint of the day, news, interviews, videos, and links connecting to other institutions of the Governorate: CFN, Vatican Museums, Vatican Pharmacy, Vatican Post, Pontifical Villas, Vatican Observatory. Other features will be implemented in the future.
This initiative is part of the digital innovation path promoted by the Governorate, with the aim of promoting transparency, participation, and the dissemination of institutional information through modern and inclusive tools.
A crash shut down the eastbound lanes of the Parkway East in Pittsburgh for a brief period on Saturday morning.
According to PennDOT, all of the outbound lanes between the on-ramp from Bates Street at the Oakland interchange to the Squirrel Hill Tunnel were closed to traffic for about half an hour.
The crash was cleared, but it’s still unknown how many vehicles were involved.
Two people had to be taken to the hospital, but their condition is unclear.
We’re working to learn what caused the crash. Stay with KDKA.com for the latest.
Washington spent much of the 1970s trying to become a center for nuclear power, with plans for five huge fission reactors at Richland and Satsop.
Then came cost overruns, construction problems, and one of the biggest municipal bond defaults in Wall Street history in 1983.
Only one of the five proposed reactors of the Washington Public Power Supply System — or WPPSS, commonly pronounced “Whoops” — was finished at Richland. In 1998, WPPSS became Energy Northwest largely to erase the stigma, and completed the 1,150-megawatt reactor that became the Columbia Generating Station.
Fast forward to today.
Again, Washington is trying to become a hub for nuclear power. But instead of monster-size reactors, the state is now home to multiple ventures involving smaller reactors — all using technologies unheard of in the 1970s and 1980s.
Construction at the Satsop Nuclear Power Plant took place in the late 1970s and early 1980s, as seen here. But the Washington Public Power Supply System project was never completed. The nuclear power technology companies are pressing ahead with today is much different than the fission reactors of decades past.
Courtesy of Washington State Historical Society
Fusion and small modular reactors are the emerging sources of nuclear power, although both are still fledgling technologies. Policymakers are looking at both. So, too, are some of the nation’s largest tech corporations, eager to find power for electricity-hungry data centers.
One of the first commercially viable fusion reactors in the U.S. is under construction roughly 6 miles southeast of Wenatchee. It’s expected to be working by 2028, with power going to Microsoft. Fusion reactors are attractive in part because they don’t produce highly radioactive waste.
Efforts are also underway to develop a different type of fusion reactor in Everett and Richland. These would be small portable units.
And there are plans for what could be the nation’s second small modular reactor complex at Richland. Amazon is playing a part in that potential undertaking. Small modular reactors are essentially prefabricated mini-versions of traditional fission reactors. They are supposedly faster and cheaper to build than traditional reactors.
In the works
Founded in 2013 in Redmond, Helion Energy moved its main lab to Everett and recently began construction in July on a reactor site in the small Chelan County town of Malaga.
“This is a first-of-its-kind generator,” said Helion co-founder Anthony Pancotti.
The Malaga complex will house a 50-megawatt fusion reactor called Orion. The plan is for the reactor to deliver power to Microsoft under a contract between the two companies.
Helion’s long-term plan is to eventually produce more of these reactors to be distributed worldwide, Pancotti said. Helion has roughly 450 employees at Everett and Malaga.
Construction at the site of Helion’s planned fusion power plant in Malaga, Wash., in Chelan County. The company has a power purchase agreement to provide energy from the facility to Microsoft by 2028. It announced that it had begun work at the site in 2025.
Courtesy of Helion
Small portable fusion reactors — about the size of a wine barrel and capable of generating 100 kilowatts — could become a reality in southern Seattle and Richland in a few years.
“What we are going for is mobile power,” said Brian Riordan, cofounder of Avalanche Energy, a company based in the Seattle area that is developing space and underwater fusion reactors.
Initial customers would likely buy the mini-reactors for military satellites and unmanned underwater vehicles. Riordan hopes to sell Avalanche’s first 100-kilowatt reactor before 2030.
The company plans to branch out into other uses, for portable power generators, with Riordan noting that the fusion device needs to produce electricity cheaper than what is created by wind and solar power options.
Avalanche’s headquarters and research facilities are near Boeing Field. The company recently leased a Port of Benton facility in northern Richland for an operation called FusionWERX.
“FusionWERX is going to be the fusion industry’s equivalent of a commercial wind tunnel — an open-access facility where new ideas, technologies, and components can be tested and validated,” Avalanche’s CEO, Robin Langtry, said in a statement.
Avalanche has roughly 70 employees split between Seattle and Richland.
Another company, X-energy, signed agreements last year with Amazon and Energy Northwest for the retail giant to invest $334 million to study putting four modular reactors on the site of the half-built WPPSS Reactor No. 1, which is next to the Columbia Generating Station.
This piece of federal land gives the project the advantage of existing infrastructure, including roads and utilities from the 1980s.
Amazon’s interest is prompted by its plans to build data centers.
The four-reactor proposal — dubbed the “Cascade Advanced Energy Facility” — would produce 320 megawatts, with the possibility of adding more reactors to reach 960 megawatts.
A rendering released last year of the Cascade Advanced Energy Facility, which could end up being the first small modular reactor facility in the Pacific Northwest.
Courtesy of Energy Northwest
Energy Northwest has been doing environmental, safety and legal reviews on the proposal. Construction is tentatively set to begin at the end of this decade.
Amazon has tentative plans to work with X-energy to build small modular reactors across the nation by 2039 that would collectively produce 5,000 megawatts of power.
‘The world’s leading hub for fusion’
The concept of fusion has been around for roughly a century. Right now, around 40 fusion development projects using different technologies exist worldwide, while no commercially viable fusion reactors are currently producing electricity.
A huge hurdle is that the amount of electricity needed to create a fusion reaction is greater than the power that would be produced. In 2022, the Lawrence Livermore National Laboratory in California used lasers to produce surplus electricity.
Shortly afterward, Helion Energy achieved that same goal with a setup that slams two atoms together.
Practical fusion is so new that the U.S. Nuclear Regulatory Commission — which routinely takes years to approve new designs for fission reactors — currently does not regulate fusion devices.
Consequently, Helion and Avalanche do not need the commission’s approval for their devices. Instead, they obtain permits from the state and their host counties.
That will likely change soon. Last July, the Nuclear Regulatory Commission sent a report to Congress on how it should license fusion devices.
Related: To meet growing energy demand, Oregon is ‘nuclear curious,’ mostly cautious
On Oct. 31, U.S. Sen. Maria Cantwell and U.S. Rep. Suzan DelBene, both Washington Democrats, along with other congressional members of both parties, announced the introduction of a bill to provide tax credits for fusion-related ventures.
“The state of Washington is the world’s leading hub for fusion energy, which one day could provide vast amounts of the type of power we need to keep electricity prices down and increase America’s economic competitiveness,” Cantwell said in a press release.
Then, in November, the U.S. Department of Energy created an Office of Fusion as the Trump administration moved away from renewable energy, such as wind and solar power, in order to shift money to nuclear and fossil fuel development.
Fusion leaders met with the Energy Department on Dec. 9 to lobby for federal support for fusion.
“Now is the time for the U.S. to make a significant investment, and that means over a billion dollars per year in annual appropriations and a one-time infrastructure investment,” Andrew Holland, CEO of the Fusion Industry Association, said at the time, according to Reuters.
Pacific Northwest National Laboratory, a huge federal lab in northern Richland, is beginning two fusion-related materials projects. Materials are critical as, during operation, components of fusion reactors can reach temperatures hotter than the sun.
The Tri-Cities area has deep roots and a strong workforce in the nuclear sector, tracing back to the Manhattan Project in 1943.
Consequently, this region has great interest in new types of reactors, the fusion industry, and clean energy projects, said David Reeploeg, head of federal relations for the Tri-City Development Council, and Sean O’Brien, executive director of the council’s clean energy spinoff called the Energy Forward Alliance.
The Tri-Cities, which include Kennewick, Pasco, and Richland, are also looking at attracting data centers with local nuclear power and having a long-time nuclear fuel assembly plant expand the types of fuel it can offer, Reeploeg and O’Brien said.
“The key focus for us is keeping our workforce employed,” O’ Brien said.
Related: Nuclear energy push stalls out, but opponents sense a ‘shift’ in Oregon
Modular designs
Small modular reactors are like prefabricated houses. There are locked-in designs and pre-built components, which are then taken to a site and assembled. Small modular reactors are designed so extra modules can be added as needed. This concept is supposed to lead to lower costs, faster construction and more flexibility.
Each modular unit would be a mini-reactor capable of generating 50 to 300 megawatts of energy.
Some U.S. and world leaders are pushing this new nuclear reactor as a carbon-emissions-free power technology to combat climate change.
NuScale Power, based in Corvallis, Oregon, is the only U.S. venture so far to receive Nuclear Regulatory Commission approval for its small modular reactor design.
The company obtained a contract to build a modular reactor complex at Idaho Falls for Utah Associated Municipal Power Systems, which is part of the Utah state government and provides electricity to four states.
However, many of that project’s prospective customers dropped out, and the project was canceled in 2023.
A diagram showing the basics of a small modular reactor unit.
Courtesy of U.S. Department of Energy
A 2022 Stanford University study raised questions about contamination from used nuclear fuel from small modular reactors. It looked at NuScale’s designs, as well as designs from two other companies submitted to the federal government. Not among them was X-energy’s, the company involved in the project with Energy Northwest and Amazon. The study picked NuScale’s design because it was the furthest along in the federal review process.
The Stanford study concluded that NuScale’s design and the two others would produce greater volumes of radioactive waste than conventional reactors, and that the used reactor fuel would be roughly 50% more radioactive.
NuScale contested those conclusions, saying the Stanford study looked at outdated designs.
State legislation teed up
Two Republican Washington state legislators — with high-ranking Democratic cosponsors — have introduced similar 2026 nuclear fission power reactor bills in the Senate and House.
The bills, which do not mention fusion power, call for developing a nuclear power development master plan for Washington state by Dec. 15, 2026. Introduced by Sen. John Braun, R-Centralia and Rep. Stephanie Barnard, R-Pasco, the legislation points to signs that Washington’s push for alternative power sources might not meet the state’s needs.
Washington is a net exporter of electricity, but the state government predicts it will be a net importer of power by 2050. Meanwhile, Montana and Wyoming were expected to send wind and solar power to Washington in the next few decades. But the legislation says that those power sources now look less promising.
The proposed report would address future fission power reactor goals, plus what various governments and utilities should do. It would also look at financing, siting, consulting with tribes, workforce requirements, and regulatory needs.
Washington State Standardis part of States Newsroom, a network of news bureaus supported by grants and a coalition of donors as a 501(c)(3) public charity.
This republished story is part of OPB’s broader effort to ensure that everyone in our region has access to quality journalism that informs, entertains and enriches their lives. To learn more, visit opb.org/partnerships.
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.
Newfoundland and Labrador needs more houses, and one advocate says it’s going to take a multi-pronged approach to boost construction.
Kelly Rogers, an executive with the Canadian Home Builders Association’s Newfoundland and Labrador branch, said the latest data from the Canada Mortgage and Housing Corporation shows new housing construction in the province as “mixed.”
“It’s generally showing a positive year-to-date trend in urban areas, despite some recent monthly volatility. The year-to-date housing starts from January to October … it was 880 units,” she told CBC News.
In 2012, when the housing construction sector was “booming,” she said housing starts were 3,885.
“We’re a long way from those steps,” Rogers said.
There are a number of factors that can depress housing affordability and supply, she said, like higher interest rates, restrictive mortgage rules, development changes, red tape, as well as labour shortages.
Over the summer, Prime Minister Mark Carney announced a GST rebate for first time home buyers, something Rogers said would result in significant savings for those customers. However, the bill wasn’t passed.
‘A huge feat’
A 2024 Canada Mortgage and Housing Corporation report estimated Newfoundland and Labrador needed 60,000 new housing units built in the next six years, which would mean 10,000 new homes a year.
“That’s quite significant and it is a huge feat, for sure,” said Rogers.
During the recent provincial election, the Progressive Conservatives pledged to build 10,000 homes over five years.
Rogers said to ramp up construction there needs to be targeted investment in housing to improve infrastructure. A big barrier to construction outside of St. John’s is municipal water, sewer and road systems capacity, she said.
“We also need to remove the barriers to factory built homes, one of which includes financial institutions not offering proper construction financing products for modular homes,” Rogers said.
Housing Minister Joedy Wall says the province is looking at different types of housing builds, including modular homes and micro-units. (Julia Israel/CBC)
The recently passed federal budget earmarked an initial $13 billion over the next five years to “supercharge” the housing industry, with money for developing factory-built housing and other affordable home options.
“There’s still all kinds of regulations in place. It’s not as easy as just saying, ‘OK, let’s build 1,000 modular homes.’ There’s so many barriers to that,” Rogers said.
Red tape a ‘major focus’
Housing Minister Joedy Wall said building 10,000 homes in the next few years is an “ambitious goal” but the new Progressive Conservative government is ready for it.
Wall said reducing red tape for municipalities will be a “major focus we’re going to be looking at,” adding — as a former mayor — he understands different towns have different regulations.
“At the [Municipalities Newfoundland and Labrador] event in Corner Brook just a couple of weeks back … many towns want to have the chat, wanting to be part of the solution, which is great because as a provincial government we cannot do this alone,” he said.
Wall said the province is also looking at different types of builds, modular homes and micro-units.
Wall, who was speaking during a ground-breaking ceremony for a Habitat Humanity duplex in Mount Pearl at the time, said he hadn’t spoken with his federal colleagues on how federal initiatives could help the province boost its housing supply.
Download our free CBC News app to sign up for push alerts for CBC Newfoundland and Labrador. Sign up for our daily headlines newsletter here. Click here to visit our landing page.