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CNBC Power Lunch January 31, 2018

Good afternoon im tyler mathisen, thanks for joining us we begin with breaking news on the amtrak train crash involving gop lawmakers outside of charlottesville, virginia. We are from West Virginia near the greenbrier to which these gop members were decamping for their annual summit. Ylan tyler, one person has been confirmed dead in that accident. The train hit a dump truck the person who died was on the dump truck and another person on the truck was critically injured. The washington reports that jeff flake of arizona carried one of the injured into an ambulance with other lawmakers now we could also tell you that one member of congress has been taken to the hospital. We dont know who it is or what that persons current status is. Other people who were on the train were treated for minor injuries now as you mentioned, lawmakers are coming out here to West Virginia in the allega ....

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Householder trial: New evidence shows depth of long-suspected scheme

By Kathiann M. Kowalski This article is provided by Eye on Ohio, the nonprofit, nonpartisan Ohio Center for Journalism, in partnership with the nonprofit Energy News Network. Please join the free mailing lists for Eye on Ohio or the Energy News Network, as this helps provide more public service reporting. Ohio’s largest corruption case continues […] ....

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Exec: Utility bled cash before alleged Ohio speaker bribes

CINCINNATI (AP) An arm of FirstEnergy Corp. was “bleeding cash” as it explored options for the two aging nuclear plants eventually rescued by Ohio House legislation that federal prosecutors say former Speaker Larry Householder championed in exchange for corporate bribes, a utility executive testified Tuesday. ....

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Exec: Utility bled cash before alleged Ohio speaker bribes

A FirstEnergy Corp. executive says an arm of the utility was “bleeding cash” as it explored options for two aging nuclear plants eventually rescued by Ohio House legislation at the center of former Ohio House Speaker Larry Householder's corruption trial. Federal prosecutors allege Householder championed the bill in exchange for FirstEnergy bribes. Steven Staub is the company's treasurer. He told jurors Tuesday that power prices had gotten so low in the years leading up to the bill’s passage that the plants couldn’t cover costs. Householder and lobbyist and former Ohio Republican chair Matt Borges are on trial in U.S. District Court in Cincinnati. ....

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FirstEnergy exec: Subsidiary bled cash before alleged bribes

Company Vice President Steven Staub testified Tuesday in the corruption trial of former Ohio Speaker Larry Householder and ex-state GOP Chair Matt Borges. ....

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