CNBC Utilities Page Latest Business News Wires - Business Headlines

  • IRVING, Texas-- Regular unleaded gasoline prices in Texas have fallen by an average of 4 cents to $3.54 per gallon in the weekly AAA Texas Weekend Gas Watch survey. The state's cheapest gasoline is found in Fort Worth, where the average price fell a nickel to $3.47 per gallon.

  • LOS ANGELES-- A film dramatizing the death of Osama bin Laden is set to debut next month on the National Geographic Channel, two days before the presidential election. "Seal Team Six: The Raid on Osama bin Laden," from The Weinstein Co. and Voltage Pictures, will air Sunday, Nov. 4, the channel said Thursday.

  • PROVIDENCE, R.I.-- Financial oversight at the Rhode Island Public Transit Authority was so poor that the agency would pay bills without first checking to see if it could cover the expenses, a state police officer tapped to overhaul the troubled agency's operations said.

  • NEW YORK-- Dutch chip maker NXP Semiconductors is narrowing its third-quarter adjusted earnings and revenue forecasts. The company said Friday that it now anticipates adjusted earnings between 53 cents and 59 cents per share. Analysts expect third-quarter earnings of 56 cents per share, according to FactSet, with estimates ranging from 55 cents to 58 cents..

  • Peter Shumlin said Thursday that cell telephone and data service in parts of rural Caledonia and Orange counties will improve, thanks to a $2 million federal grant to the telecommunications company VTel.

  • CHARLESTON, W.Va.-- Century Aluminum Co.' s shuttered West Virginia plant would pay a special electricity rate for up to 10 years if it reopens, but ultimately must cover its entire energy costs from that time, the state's utility regulator ruled Thursday.

  • BATON ROUGE, La.-- The LSU governing board backed a plan Thursday to deepen cuts to $152 million for the university-run public hospitals that care for the poor and uninsured, eliminating dozens of inpatient beds, clinic services and nearly 1,500 jobs.

  • WASHINGTON-- President Barack Obama, reeling from a poor debate performance, won a valuable reprieve Friday with a reduced unemployment number in September that brought the jobless rate down to a level unseen since January 2009 when he took office.

  • ATHENS, Greece-- Greek stock market authorities have temporarily suspended trading in the country's two biggest banks following press reports that they are in merger talks. Shortly before the decision, shares in top lender National Bank of Greece and its main domestic rival Eurobank were up 4.5 and 5.5 percent, respectively.

  • NEW YORK-- Nearly 4,000 young people have participated in the first year of a sweeping effort to help young minority men in ways ranging from job internships to inmate education, New York City Mayor Michael Bloomberg said Thursday.

  • Benchmark oil is now down $1.25 to $90.46 per barrel in New York. Traders are trying to gauge the strength of global oil demand while watching developments surrounding Syria in the Middle East. In London, Brent crude, which is used to price international varieties of oil, was down 8 cents to $112.50.

  • NEW YORK-- An analyst reiterated his "Buy" rating on plane maker Boeing Co. Friday, noting a recent pullback in the stock and an improving mix of aircraft deliveries. Boeing delivered 10 new Apache attack helicopters, 18 Chinook cargo helicopters and 12 F-18 fighter-bomber jets in the third quarter.

  • WASHINGTON-- Republican presidential nominee Mitt Romney says a drop in the nation's unemployment rate to 7.8 percent "is not what a real recovery looks like." The former Massachusetts governor responded to the September jobs report out Friday by arguing that Obama has a failed record on the economy.

  • NEW YORK-- Stocks are rising in early trading on Wall Street after the government reported that the U.S. unemployment rate fell below 8 percent for the first time in almost four years. The Dow Jones industrial average rose 66 points to 13,641 shortly after the opening bell Friday.

  • DETROIT-- Drivers of the Hyundai Veloster could be in for a surprise while cruising down the highway. The probe affects about 18,000 vehicles from the 2012 model year, the National Highway Traffic Safety Administration said Friday. Hyundai said it is working with NHTSA on the investigation.

  • WASHINGTON-- America's top military officer is opposing the demotion of a four-star general who is accused of spending tens of thousands of taxpayer dollars on lavish travel and other expenses in a case that has been sitting on Defense Secretary Leon Panetta's desk for weeks, U.S. officials said Thursday.

  • HOUSTON-- Actress Daryl Hannah of "Splash" fame was arrested in northeast Texas on Thursday, along with a 78- year-old landowner as the pair protested an oil pipeline designed to bring crude from Canada to the Gulf Coast.

  • CHICAGO-- A federal judge sentenced former Illinois powerbroker William Cellini to a year in prison Thursday for conspiring to shake down a movie producer, capping off the last trial to stem from the investigation of former Gov.