Exelon, one of the country’s largest utilities, said Monday that it would quit the United States Chamber of Commerce because of that group’s stance on climate change. It was the latest in a string of companies to do so, perhaps a harbinger of how intense the fight over global warming legislation could become.
Are efforts underway to marginalize the research behind global warming? Or is it all some giant misunderstanding?
Amid a growing split in the business community over climate policy, Pacific Gas and Electric, a major California utility, is withdrawing from the United States Chamber of Commerce, citing “fundamental differences” with the chamber’s approach to global warming.
More factories that make materials used in solar panels have opened, and the global demand for them has fallen, reports the New York Times.
The Lightning Round is extended in this CNBC.com exclusive feature.
The S&P 500 is now up over 11% year-to-date and up over 50% since the March lows. By comparison, the utility sector is down over 1% YTD and up ~30% since its March low and has been the second worst performing sector of this rally (only telecom is worse).
Stocks are at a pivotal point that has some traders looking for a pullback but others afraid to be caught short.
If you think utilities are old and boring, think again. This sector could be hot to trot!
Since the beginning of the year, many companies have seen their market cap more than doubled, while others have seen sharp drops in the valuation of their companies.
Following are the “Fast & Furious” trades - hot ways to play Wednesday's market moving events.
Is Monday’s selloff a signal that we’re headed right back to the bear market lows? Find out what the charts suggest from Oppenheimer's Carter Worth!
The largest utility in California, squeezed by rising demand for electricity and looming state deadlines to curb fossil fuels, has signed a deal to buy solar power from seven immense arrays of mirrors, towers and turbines to be installed in the Mojave Desert.
With the market trading sideways more investors are turning to high yielding dividend stocks. But can you trust these companies to keep pumping out profits?
The U.S. government's plan to inject $20 billion into Citigroup failed to fully reassure analysts about financials. So what is safe to invest in now? Tim Harris at JPMorgan Asset Management and Khiem Do at Baring Asset Management offered their sector strategies to CNBC.
Thursday's chain store sales numbers could set the tone for a market obsessed with the weakening economy.
The Dow again swung in a roughly 775 point range (about 9 percent), and yet the markets felt....stable.
Greg Gordon of Citigroup says these utility stocks are good bets, thanks to their buildouts, expansions and investments in alternative energy.
Geothermal power has not only been getting investor attention recently, but it can lay claim to being perhaps the oldest of renewable energy sources. It is also genuinely renewable. Estimates vary considerably, but all say the potential is vast compared to what exists today.
Cramer makes the call on viewers' favorite stocks.
U.S. stocks tumbled Friday as downgrades on the two biggest home-funding companies dragged on the financial sector.