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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| April 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ENERGY

Group seeks to build nuke plant

A consortium of 7 companies said it will seek a license to build the 1st new U.S. nuclear power plant since the Three Mile Island disaster 25 years ago. Exelon's nuclear unit and Entergy, the top 2 U.S. operators of U.S. nuclear plants, formed the consortium and plan to submit a formal application in '08 with the hope of obtaining regulatory approval by '10. Each energy firm will contribute about $7 mil over 7 years.

Consol Energy expects Q1 profit

The coal mining company reversed its earlier forecast of a Q1 loss, as higher-than-expected production and prices boosted income. It now ...

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