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  • *China cuts interest rate for second time in two months. Aug 25- A strong rally on Wall Street evaporated on Tuesday and stocks ended with deep losses as concerns about China's economy outweighed lower valuations that some saw earlier as bargains. Investors cited more worries that a slowdown in China could hobble global growth, even after the country's central...

  • Best Buy and DSW are big market movers Tuesday, 25 Aug 2015 | 4:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Best Buy Co., up $3.68 to $32.95. Exelon Corp., down $2.24 to $30.40.

  • DC regulators reject proposed merger of Exelon, Pepco Tuesday, 25 Aug 2015 | 12:34 PM ET

    WASHINGTON— Regulators in the District of Columbia rejected the proposed merger of power companies Exelon and Pepco on Tuesday, saying the deal would not benefit ratepayers. Chicago- based Exelon announced in April of 2014 that it was buying Washington, D.C.- based Pepco Holdings Inc. for $6.8 billion. "We found no benefit to District ratepayers in a new...

  • For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading. The rally came after China lowered interest rates to try to boost the world's second-biggest economy. "The return to a more traditional...

  • Aug 13- The Texas power grid operator on Thursday asked consumers to reduce electric use during the afternoon hours as power plant outages and heavy air conditioning usage has strained the electric system during a brutal heat wave. Peak demand in the Electric Reliability Council of Texas, which operates the power grid in most of the state, hit an all-time high of...

  • Aug 6- The Texas power grid operator said electric demand was at an all-time peak as consumers cranked up their air conditioners to escape a brutal heat wave, breaking the previous record set four years ago and pushing prices to an 18- month high. Next-day power prices at the Ercot North hub on the IntercontinentalExchange jumped from $66 per megawatt hour for...

  • Texas power demand breaks 2011 record during heat wave Thursday, 6 Aug 2015 | 8:27 AM ET

    Aug 6- The Texas power grid operator said demand for electricity hit an all-time record as consumers cranked up air conditioners to escape a brutal heat wave on Wednesday, breaking the previous record set four years ago. Temperatures in Houston, the biggest city in Texas, hit 98 degrees Fahrenheit on Wednesday and were expected to hit or exceed 100 degrees every...

  • WASHINGTON, July 31- The U.S. nuclear industry has made a last-minute push to urge the Obama administration to protect the country's 100 nuclear units in its forthcoming carbon rule and prevent the early retirement of several plants. Representatives of the Nuclear Energy Institute met on July 21 with White House officials who are currently reviewing the...

  • WASHINGTON, June 29- The Supreme Court on Monday dealt a blow to a sweeping U.S. air pollution regulation aimed primarily at curbing emissions of mercury from coal-fired power plants by ruling that the Obama administration wrongly failed to consider compliance costs. "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than...

  • TORONTO, June 29- A CIBC Wood Gundy investment adviser is pushing Extendicare Inc, a Canadian operator of senior care centers, to pay a special dividend of at least C $100 million and make other changes following the sale of its U.S. business. Markham, Ontario- based Extendicare has been narrowing its geographic focus to long-term senior care centers in Canada.

  • "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than three years ago, investments have been made and most plants are already well on their way to compliance," the agency said in a statement. The EPA "remains committed to ensuring that appropriate standards are in place to protect the public from the significant amount of...

  • WASHINGTON, June 29- The U.S. Supreme Court on Monday invalidated a key Obama administration environmental regulation aimed at limiting emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The court sent the case back to the U.S. Court of Appeals for the District of Columbia Circuit, which will then ask the EPA to reconsider...

  • Court rules against Obama administration in EPA case Monday, 29 Jun 2015 | 10:43 AM ET
    The U.S. Supreme Court Building in Washington.

    The U.S. Supreme Court ruled on Monday that the Obama administration failed to consider costs when deciding to regulate mercury pollution.

  • Only one person on Street says buy these stocks Friday, 26 Jun 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    In a contrarian move, a large Wall Street firm is recommending clients turn to utilities for yield.

  • Trading the global bond market panic Thursday, 4 Jun 2015 | 1:41 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Which stocks win and which stocks lose when rates explode higher like they have this week.

  • Breaking the biggest myth of CEO compensation Tuesday, 19 May 2015 | 1:16 PM ET
    David Zaslav, president and chief executive officer of Discovery Communications.

    Equilar's list of the top 200 CEOs' compensation shows that shareholder return often takes a backseat.

  • Fed-rate panic killed this sector—now it's a buy Monday, 18 May 2015 | 8:00 AM ET

    Anxiety over an interest-rate increase sunk the once-hot utilities sector. Is now the time to jump back in?

  • *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street was little changed in afternoon trading on Wednesday, paring early gains, as a flurry of deals failed to make up for tepid economic data. "We are seeing some evidence that the weakness in the first-quarter has spilled over to this quarter, but I'm not concerned that U.S. consumer spending for the year...

  • *Macy's, Ralph Lauren down after results. *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street pared early gains in choppy trading as tepid economic data and a renewed selloff in the bond market more than offset a flurry of corporate deals on Wednesday.

  • WASHINGTON, May 4- The U.S. Supreme Court on Monday agreed to consider the Obama administration's bid to revive a regulation aimed at encouraging efficiency in the electricity market by paying users to reduce consumption at peak times. The court agreed to hear an appeal filed by the U.S. Federal Energy Regulatory Commission seeking to reverse a May 2014 ruling...