CNBC Utilities Page Catastrophe


  • *Magnitude 6.4 quake hits southern Taiwan. TAINAN, Taiwan, Feb 6- A powerful earthquake struck Taiwan on Saturday killing at least seven people, most in a 17- storey apartment building that collapsed, with about 35 people still feared trapped there hours into a rescue operation. As a search for survivors in the rubble went on, questions were being raised about the...

  • TAIPEI, Feb 6- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd said some silicon wafers were damaged at a plant in southern Taiwan where an earthquake hit early on Saturday, but that first-quarter shipments would be unaffected. The world's largest contract chipmaker has production facilities in Tainan city, around 315 km south of the capital...

  • *Magnitude 6.4 quake hits southern Taiwan. *Taiwan president rushes to the scene. TAINAN, Taiwan, Feb 6- A powerful earthquake toppled a 17- story apartment building in southern Taiwan on Saturday, killing at least two people, including a 10- day-old girl, and triggering frantic efforts to rescue dozens of people feared trapped inside.

  • SAN FRANCISCO, Feb 5- Florida will come to the market with $1.2 billion in revenue bonds on Feb. 8 issued by the State Board of Administration Finance Corporation, formerly known as the Florida Hurricane Catastrophe Fund. Standard& Poor's Rating Agency raised the credit's rating on the bonds to AA from AA- based in part on the consistent growth in the assessment...

  • Rolz Pitch Thursday, 4 Feb 2016 | 5:51 PM ET
    Rolz Pitch

    Rolz is owned by a pair of snack savants who have reinvented the traditional eggroll.

  • I Got Balls Pitch Thursday, 4 Feb 2016 | 5:49 PM ET
    I Got Balls Pitch

    A pair of New Yorkers who have put a fresh spin on an old family rice ball recipe

  • Rolz Pitch Thursday, 4 Feb 2016 | 10:13 AM ET
    Restaurant Startup: Rolz Pitch

    Rolz is owned by a pair of snack savants who have reinvented the traditional eggroll

  • I Got Balls Pitch Thursday, 4 Feb 2016 | 10:04 AM ET
    Restaurant Startup: I Got Balls Pitch

    A pair of New Yorkers who have put a fresh spin on an old family rice ball recipe

  • On the Next Episode: Late-Night Muchies Thursday, 4 Feb 2016 | 9:42 AM ET
    On the Next Episode: Late-Night Muchies

    Elizabeth Blau and Tim Love hear from two teams determined to make a name for themselves with their decadent late-night bites, Rolz and I Got Balls.

  • On the Next Episode: ‘Mr. Green Tea 2’ Wednesday, 3 Feb 2016 | 9:54 AM ET
    On the Next Episode: ‘Mr. Green Tea 2’

    Marcus returns to the New Jersey ice cream maker to aid in their continued expansion.

  • Ukraine warns of rising risk of war with Russia Wednesday, 3 Feb 2016 | 8:38 AM ET
    Ukraine's President Petro Poroshenko attends a ceremony at the training center of the Ukrainian National Guard outside Kiev.

    Hopes that Ukraine can get back on track were hit on Wednesday, when the country's president warned that the probability of war with Russia had risen and its economy minister resigned.

  • INSIGHT-Drought tests a changed Ethiopia Sunday, 31 Jan 2016 | 4:00 AM ET

    *Ethiopia's ambitions challenged, at least in short term. FEDETO/ ADDIS ABABA, Ethiopia, Jan 31- On a treeless plain in eastern Ethiopia, thousands of destitute pastoralists have set up camp outside the tiny village of Fedeto. Ethiopia's failed rains, which meteorologists blame on the El Nino weather phenomenon, have created a drought in some areas of the country...

  • *Wild weather across Australia kills one. *Tasmania fires burn through 72,000 hectares, floods threaten communities. PERTH, Jan 31- A tropical cyclone that crossed Australia's northwest coast early on Sunday weakened, although several small inland communities were on red alert and the risk of heavy swells, flooding and storm surges remained.

  • The U.S. Court of Appeals for the District of Columbia Circuit ruled that the EPA must begin the rulemaking process for the hard-rock mining industry before the end of this year. The EPA agreed to take the actions listed in the order after it was sued in 2014 by six environmental groups. "Decades of EPA inaction has laid the intolerable burden of toxic cleanup on the...

  • As Zika virus spreads, no vaccine in sight Thursday, 28 Jan 2016 | 11:34 AM ET
    Child neurologist Vanessa Van Der Linden observes the X-ray of a baby's skull with microcephaly at the hospital Barao de Lucena in Recife, Brazil, January 26, 2016.

    A safe vaccine for the Zika virus will likely not be available this year or the following year, an NIH official said Thursday.

  • BUDAPEST, Hungary— A Hungarian court on Thursday acquitted 15 employees of a company whose burst reservoir in 2010 flooded three towns with toxic red sludge, killing 10 people. A court in the city of Veszprem said the spill, Hungary's worst environmental disaster, had been caused by the collapse of a reservoir wall due to "loss of stability originating in the...

  • Zika epidemic on US doorstep spurs vaccine hunt Thursday, 28 Jan 2016 | 7:40 AM ET

    The rapid spread of the zika virus has spurred the hunt for a cure, but the financial incentive and likely length of time for a vaccine are unclear.

  • *About 14 million people facing hunger in southern Africa. *Villagers sell cattle for $50 versus $400 in good times. MAFOMOTI, Zimbabwe, Jan 26- In the dusty village of Mafomoti, southern Zimbabwe, farmers have already lost cattle and crops in the severest drought to hit the nation in a quarter of a century.

  • MADRID— Spain's Supreme Court has given a two-year suspended prison sentence to the captain of the Prestige oil tanker that sank off Spain's northwestern coast 14 years ago, triggering a major environmental catastrophe. The court said Tuesday it upheld an appeal against the acquittal of Apostolos Mangouras by a lower court in 2013 and found him guilty of...

  • The damburst is considered by many to be the worst environmental disaster in Brazil's history. Samarco, a 50-50 joint venture between Brazil's Vale SA and Australia's BHP Billiton Ltd, is in talks with Brazilian federal and state prosecutors and environmental agencies to settle a 20 billion real public lawsuit. The November accident sent a tsunami of mud...