CNBC Utilities Page Catastrophe

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  • Feb 20- The captain of the doomed El Faro warned that the "clock was ticking" as his cargo ship took on water in an Atlantic hurricane that would eventually sink the vessel, a U.S. Coast Guard panel heard on Saturday. Captain Michael Davidson pleaded for help as his ship, operated by Tote Services, sailed into the path of Hurricane Joaquin near the Bahamas, according to a...

  • Access Granted to the Greatest Power Players

    Follow the Leader premieres Wednesday, March 23 at 10P ET/PT.

  • On the Next Episode: Act Now Before It's Too Late

    Joe Bastianich and Tim Love hear from two teams who are running out of time.

  • Taste Pitch

    Taste is looking to parlay the success of their Lebanese café into an upscale restaurant.

  • Gloria Jean's Pitch

    A small-town eatery ready to take its soul food to the big city.

  • RWE takes 2.1 bln euro impairment on power plants. *2015 net loss 200 mln euros vs consensus for profit. FRANKFURT, Feb 17- RWE, Germany's second largest utility, has scrapped its annual dividend for the first time in at least six decades, opting to save cash which it might have to shift to a state-run fund to decommission the country's nuclear power stations.

  • BRASILIA/ RIO DE JANEIRO, Feb 17- The Brazilian government expects to reach agreement by Friday with Samarco Mineração SA to settle a 20 billion-real lawsuit for damages in a deadly dam disaster, a spokesman for Brazil's attorney general said on Wednesday. Brazil sued Samarco, a 50-50 iron ore joint venture between Brazil's Vale SA and Australia's BHP...

  • *RWE takes 2.1 bln euro impairment on power plants. *2015 net loss 200 mln euros vs consensus for profit. FRANKFURT, Feb 17- RWE, Germany's second largest utility, scrapped its annual dividend for the first time in at least six decades, opting to hoard cash it may soon have to shift to a state-run fund to decommission nuclear power stations.

  • BRASILIA, Feb 17- The Brazilian government expects to reach agreement by Friday with Samarco Mineração SA to settle a 20 billion-real lawsuit for damages related to a deadly November dam disaster, a spokesman for Brazil's attorney general said on Wednesday. Brazil has sued Samarco, a 50-50 iron ore mining joint venture between Brazil's Vale SA and...

  • Billion Dollar Buyer Premieres March 22

    Tilman Fertitta is the Billion Dollar Buyer. Series premiere Tuesday, March 22 at 10P ET/PT.

  • Feb 16- The captain of the U.S. cargo ship that sank off the Bahamas in a hurricane last fall, killing all 33 people on board, was responsible for decisions that put the vessel in the path of the storm, a shipping company executive testified on Tuesday. Captain Michael Davidson, a veteran mariner from Maine, was at the helm of the 790- foot El Faro for its doomed cargo run...

  • The 790- foot El Faro went down off the Bahamas on Oct. 1 while on a cargo run between Florida and Puerto Rico. The Coast Guard's Marine Board of Investigation will first trace the history of the ship by examining its inspection reports, crew qualifications and past operations. A second hearing session, which has not been scheduled, will focus on the ship's final...

  • Migrants and refugees gather around a bonfire as they wait to enter the refugee camp after crossing the Greek-Macedonian border, near Gevgelija, on December 6, 2015.

    Documents seen by The Associated Press show that European Union countries are poised to restrict passport-free travel by invoking an emergency rule.

  • The Filthy Rich Guide Returns Tuesday, February 23

    Whoever said money doesn't buy happiness never saw this kind of money. The Filthy Rich Guide returns with all new episodes Tuesdays 10p ET/PT.

  • Old New York Pitch

    These two friends want to capitalize on an up-and-coming Manhattan neighborhood with their food and dance concept.

  • On the Next Episode: Cutting the Apron Strings

    Joe Bastianich and Tim Love hear from two teams who are done being employees and ready to be entrepreneurs, Bocadillo and Old New York.

  • Bocadilla Pitch

    These chefs are looking to make their name with a taste of old school Spain.

  • CHICAGO, Feb 10- Bankrupt coal miner Arch Coal Inc has reached a deal with the state of Wyoming that will provide it with temporary relief from liability for millions of dollars in future cleanup costs for coal mines, according to court documents. Arch said in a court filing that the state of Wyoming and the Wyoming Department of Environmental Quality have agreed...

  • Feb 10- Entergy Corp said on Wednesday it found elevated levels of tritium, a weak radioactive isotope of hydrogen, in groundwater samples at the Indian Point nuclear power plant in New York state. New York Governor Andrew Cuomo, who wants Indian Point shut because he does not believe the population around the plant- including New York City- could be evacuated if...

  • The Profit: On the Next Episode - ‘Progress Report 4’

    Marcus returns to four companies – Amazing Grapes, Shuler’s BBQ, Grafton Furniture, and SJC Drums – to reveal how they have fared over time.