CNBC Utilities Page Latest Business News Wires - Business Headlines

More

  • Frida Kahlo, her real look, on display in Mexico

    She graced dinner parties and theaters from Paris to New York in ribbons, full skirts and loose peasant blouses embroidered with vividly colored flowers, and her uni-brow was a bold contrast to the pencil-line eyebrows of the time.

  • *Limited Brands key revenue metric rises in Sept.
  • Macy's September revenue up 2.5 percent

    CINCINNATI-- Macy's said Thursday that a key measure of revenue rose 2.5 percent in September, coming in short of analysts' predictions for a gain of 3.3 percent, according to Thomson Reuters.

  • Romney would end Obama immigration policy

    DENVER-- Republican presidential candidate Mitt Romney would end an Obama administration policy allowing some young illegal immigrants to stay in the country and work, though anyone already granted a reprieve from possible deportation wouldn't see that permission revoked.

  • Fears abound ahead of close Venezuelan elections

    CARACAS, Venezuela-- Venezuelan voters Luis Gustavo Marin and Dunia Nessi are on opposite sides of the political spectrum, but as Sunday's election draws closer they both fear what will happen if their candidate loses.

  • Key ECB steps to combat Europe's debt crisis

    FRANKFURT, Germany-- Here are some of the key steps the European Central Bank has taken to ease Europe's financial crisis and provide a spark to the weak economy. The ECB's plans have already helped lower borrowing costs in bond markets, at least temporarily, for Spain and Italy.

  • US unemployment aid applications rise to 367K

    Weekly applications increased last week by 4,000 from the previous week's level of 363,000, the Labor Department said Thursday. Joshua Shapiro, chief U.S. economist at MFR Inc., said the figures are "consistent with a soft but by no means collapsing labor market."

  • Bio for Mario Draghi, the head of the ECB

    FRANKFURT, Germany-- BORN _ Sept. 3, 1947, Rome, Italy. PROFESSIONAL EXPERIENCE _ Took office on Nov. 1, 2011 as third president of the European Central Bank, after being appointed by leaders of the 17 eurozone countries. Served on the 23- member governing council of the European Central Bank, which sets interest rates for the 17 countries that use the euro.

  • Yemen tribesmen blow up pylons; capital in dark

    SANAA, Yemen-- Yemen's electricity company said Wednesday protesting tribesman blew up main pylons a day earlier, cutting off power to the capital, Sanaa, and plunging it into darkness. The officials said the tribesmen are protesting a death sentence against one of their members convicted of belonging to al-Qaida and killing security agents.

  • Honda recalls 820,000 Civics and Pilots

    DETROIT-- Honda says it is recalling more than 820,000 Civic compact cars and Pilot SUVs because the headlights can fail. The recall affects Civics from the 2002 and 2003 model years and Pilots from 2004 and 2005.. Honda says it will fix the wiring for free.

  • White House discourages layoff warnings

    WASHINGTON-- The White House is going to great lengths to discourage defense contractors from sending layoff warnings to employees in the days before the presidential election, an effort Republicans are denouncing as politically motivated.

  • *Publication of Gen. McChrystal's book is delayed
  • Claire McCaskill touted a $5.8 million fundraising haul for her re-election campaign Wednesday as Republican challenger Todd Akin sought to raise cash amid new attention to his remarks about abortion.

  • Retailers report slower sales growth in Sept

    September sales rose 3.9 percent _ a slowdown from the 6- percent rise in August _ as 22 retailers like Macy's and Costco reported mixed results, according to the International Council of Shopping Centers. "This should set up to be a good holiday season," said Ken Perkins, president of Retail Metrics LLC, a research firm.

  • Dow futures are up 46 points to 13,472. The broader S&P 500 futures are up 6 points to 1,451. Nasdaq futures are up 13 points to 2,821.. Investors are also awaiting news from the monthly policy meeting of the European Central Bank.

  • Target key revenue figure up in September

    Target says a key revenue figure rose 2.1 percent in September as shoppers picked up back-to-school items and groceries. Total sales for the five weeks ended Sept. 29 rose 2.6 percent to $6.08 billion. Minneapolis- based Target expects October revenue in stores open at least one year to rise in the mid- to low-single digit percentage range.

  • *Fred's September sales figure drops
  • Mercedes sales hit new September record

    BERLIN-- Daimler AG says its main Mercedes-Benz brand saw global sales grow 2 percent in year-on-year terms in September as growth in the U.S. and Asia offset a decline in western Europe. Sales in the Asia-Pacific region were up 7.8 percent to 30,992, led by growth of 18 percent in Japan and 10 percent in China.

  • Review: 'Resident Evil 6' stumbles brainlessly

    "Resident Evil" is a zombie. Once one of the most respected and beloved video-game franchises, it's now a shell of its former self.

  • NEW YORK-- Thousands of teenagers who can't take their cellphones to school have another option, courtesy of a burgeoning industry of sorts in always-enterprising New York City: paying a dollar a day to leave it in a truck that's parked nearby.