Regal Fenway is one of 39 Regal Cinemas theaters nationwide set to close, according to a court filing from parent company Cineworld.
One report states that in a new bankruptcy filing, Cineworld detailed a plan to reject the leases of 39 locations starting February 15. The move will reportedly save $22 million a year.
In a report by The Associated Press, the CEO of Cineworld Mooky Greidinger said in a statement that the pandemic was an incredibly difficult time for the movie business.
1st small modular nuclear reactor certified for use in US
The U.S. Nuclear Regulatory Commission has certified the design for what will be the United States’ first small modular nuclear reactor.
The rule that certifies the design was published Thursday in the Federal Register. It means that companies seeking to build and operate a nuclear power plant can pick the design for a 50-megawatt, advanced light-water small modular nuclear reactor by Oregon-based NuScale Power and apply to the NRC for a license.
It’s the final determination that the design is acceptable for use, so it can’t be legally challenged during the licensing process when someone applies to build and operate a nuclear power plant, NRC spokesperson Scott Burnell said Friday.
The rule becomes effective in late February.
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