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CNBC Utilities Page Latest Business News Wires - Business Headlines


  • SAfrica: Striking truckers sign wage deal Friday, 12 Oct 2012 | 2:24 PM ET

    JOHANNESBURG-- A strike by 20,000 truckers in South Africa ended Friday with an agreement to increase wages, said the strikers' union. The truckers signed a three-year wage deal that gives them a 10 percent pay raise in the first year, said Vincent Masoga, spokesman for the South African Transport and Allied Workers' Union.

  • Greenbrier resort buys historic W.Va. course Friday, 12 Oct 2012 | 2:10 PM ET

    CHARLESTON, W.Va.-- The Greenbrier resort is buying one of the nation's oldest golf courses after it failed to sell at auction over the summer, the resort's owner told The Associated Press on Friday. Greenbrier owner Jim Justice confirmed the purchase of Oakhurst Links.

  • FDA regulation of pharmacies has knotty history Friday, 12 Oct 2012 | 1:57 PM ET

    But this isn't the first time Congress has pushed for more authority over the industry. And with a gridlocked Congress at its most unproductive in decades, experts don't expect to see new laws passed anytime soon.

  • *News Summary: EU wins Nobel Peace Prize Friday, 12 Oct 2012 | 1:55 PM ET
  • 4 players file bounty appeals to NFL Friday, 12 Oct 2012 | 1:47 PM ET

    NEW ORLEANS-- All four players punished in the NFL's bounty investigation have filed appeals with the league. One of the people also says New Orleans linebacker Jonathan Vilma expects to play at Tampa Bay on Oct. 21 while his appeal is pending.

  • Fidelity Investments to build center near Omaha Friday, 12 Oct 2012 | 1:41 PM ET

    OMAHA, Neb.-- Fidelity Investments has selected the Omaha suburb of Papillion for its new, $200 million data center, the company said Friday.

  • Arkansas-based Tyson to audit treatment of animals Friday, 12 Oct 2012 | 1:38 PM ET

    LITTLE ROCK, Ark.-- The nation's largest meat company, Tyson Foods Inc., announced Friday that it will do an animal treatment audit of suppliers' farms.

  • Best Buy to match some rivals' online pricing Friday, 12 Oct 2012 | 1:29 PM ET

    NEW YORK-- Best Buy said Friday that it has authorized its store staffers to match online prices of competitors in some cases, as it beefs up service offerings as the all-important holiday season kicks off. Best Buy and others already offer price-matching guarantees for local competitors' brick-and-mortar stores.

  • Somali pirates release Greek-owned ship for ransom Friday, 12 Oct 2012 | 1:21 PM ET

    MOGADISHU, Somalia-- A Liberian-flagged Greek-owned ship and its crew of 21 Filipinos who were held hostage by pirates for eight months have been released following the payment of a $2.3 million ransom, a Somali pirate said Friday.

  • *Japan, China to hold talks after island row Friday, 12 Oct 2012 | 1:20 PM ET
  • Elvis' Beverly Hills estate up for sale Friday, 12 Oct 2012 | 1:17 PM ET

    MEMPHIS, Tenn.-- The Beverly Hills home where the late Elvis Presley and his wife Priscilla once lived is up for sale, real estate website operator Trulia said. The house hit the market Wednesday for $12.9 million, according to Trulia.

  • Rain, hail, lightning and mountain snow for SoCal Friday, 12 Oct 2012 | 1:15 PM ET

    FONTANA, Calif.-- Firefighters say the roof of a motorcycle warehouse in Fontana collapsed after a foot of rain water backed up behind clogged drains. San Bernardino County firefighters were called about 5 p.m. Thursday, after a heavy downpour.

  • News Summary: Cyprus seeks concessions from labor Friday, 12 Oct 2012 | 1:15 PM ET

    HOSTILE NEGOTIATIONS: The president of Cyprus is trying to convince trade unions to rally behind tough austerity measures that the government wants to negotiate with potential creditors in return for a multibillion euro bailout loan to prop up the country's ailing banks and economy.

  • Mingo opens air park on reclaimed Alpha strip mine Friday, 12 Oct 2012 | 1:14 PM ET

    WILLIAMSON, W.Va.-- The Mingo County Airport Authority celebrated the opening of a 7,000- foot runway and its new Air Transportation Park on a reclaimed mine site Friday.

  • Ky. urges people to replace Medi-Share immediately Friday, 12 Oct 2012 | 1:13 PM ET

    FRANKFORT, Ky.-- Members of a Christians-only health insurance plan that has been ordered to cease operations in Kentucky should get different policies immediately, the state Department of Insurance advised Friday.

  • JB Hunt rises as 3Q results satisfy investors Friday, 12 Oct 2012 | 1:13 PM ET

    NEW YORK-- Shares of J.B. Hunt Transport Services Inc. gained more than 7 percent Friday as the trucking and logistics company's third-quarter results appeared to satisfy investors.

  • *Security delays at Denver International Airport Friday, 12 Oct 2012 | 1:10 PM ET
  • *Salt Lake County jail to appear in reality show Friday, 12 Oct 2012 | 1:09 PM ET
  • 13 who attended Cleveland fair ill with E. coli Friday, 12 Oct 2012 | 1:07 PM ET

    SHELBY, N.C.-- North Carolina health officials say an E. coli outbreak is responsible for the illness of 13 people who attended the Cleveland County Fair. State health officials say people from Cleveland, Gaston and Lincoln counties have reported becoming sick after visiting the fair in Shelby.

  • For triumphant JPMorgan CEO, a chance to sound off Friday, 12 Oct 2012 | 1:05 PM ET

    NEW YORK-- Jamie Dimon, the CEO of JPMorgan Chase, is known as much for his swagger as for his banking savvy. Friday, when his bank reported triumphant results for the third quarter, was no exception.