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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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Nuclear energy is responsible for 19% of U.S. electricity production, fourth in line behind natural gas, coal, and renewable energy sources such as wind. All three of those other sources seem to have a better future than the stagnant nuclear power business, which has seen only three new reactors built in the past 20 years. This week, a two-year-old company, ...