On July 31, 2002, Entergy Nuclear Vermont Yankee LLC—a subsidiary of Entergy Corporation of New Orleans—completes its $180 million purchase of the Vermont Yankee nuclear power plant from Vermont Yankee Nuclear Power Corporation, a consortium of eight New England utilities that originally owned the …
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On February 4, 1887, President Grover Cleveland approved the Interstate Commerce Act, creating the Interstate Commerce Commission (ICC) to oversee railroad industry conduct. This landmark legislation made railroads the first industry subject to federal regulation in American history, responding to …
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The Supreme Court ruled in the Railroad Commission Cases that states possess constitutional authority to set railroad transportation rates through regulatory commissions, upholding Mississippi’s 1884 statute establishing rate-setting power. Filed the same year as the Santa Clara headnote, this …
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