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CNBC Utilities Page Latest Business News Wires - Business Headlines

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  • Iranian minister woos Indian businesses Wednesday, 10 Oct 2012 | 10:25 AM ET

    The United States and the European Union have imposed sanctions on Iran to deter it from pursuing a nuclear weapons program. The U.S. has pressed India to scale back its imports of Iranian crude to support those sanctions, but energy-starved India remains one of Iran's biggest oil purchasers.

  • Calif plant recalls its peanut butter ice cream Wednesday, 10 Oct 2012 | 10:24 AM ET

    The pints involved have the UPC symbol 8 94509 00231 9 and expiration dates ranging from February 2013 to August 2014. The peanut butter in the ice cream came from Sunland, Inc., a New Mexico peanut butter manufacturing plant. Clemmy's is located in Rancho Mirage, southeast of Palm Springs, and makes sugar, lactose and gluten-free ice cream.

  • Auditor general wants Pa. to license tattooing Wednesday, 10 Oct 2012 | 10:23 AM ET

    PITTSBURGH-- Auditor General Jack Wagner wants to Pennsylvania Department of Health to license and regulate the state's 750 tattoo parlors. Wagner, a former Pittsburgh City Council president, was in the city for the announcement Tuesday.

  • Nebraska-based bank buying Missouri bank Wednesday, 10 Oct 2012 | 10:22 AM ET

    LINCOLN, Neb.-- Nebraska- based Pinnacle Bank has agreed to buy First State Bank of Joplin, Mo.. First State Bank has four branches in Joplin, one in Sarcoxie and one in Webb City and a total of $183 million in assets.

  • Push for healthier truckers gains momentum Wednesday, 10 Oct 2012 | 10:21 AM ET

    DALLAS-- In the months after Doug Robinson started driving a truck, he noticed his clothes were increasingly more snug-fitting. Xpress, took part in a weight-loss challenge sponsored by the Truckload Carriers Association, the 321- pound, 6- foot-1-inch Robinson signed up.

  • Nevada casino revenues down 3.1 percent in August Wednesday, 10 Oct 2012 | 10:20 AM ET

    CARSON CITY, Nev.-- State officials say Nevada casino revenues are down 3.1 percent in August compared with the same time a year ago. The Nevada Gaming Control Board reports casinos won $859 million in August. Washoe County winnings of $68 million were up 5 percent, while south Lake Tahoe winnings of $22 million were down 19.5 percent.

  • Testing nonprofit waters with Chicago Ideas Week Wednesday, 10 Oct 2012 | 10:20 AM ET

    The weeklong program of panel discussions, speakers and demonstrations, which opened Monday, was the brainchild of Groupon co-founder Brad Keywell, who regards Chicago Ideas Week as a startup, albeit one that will never be publicly traded on Wall Street. The Chicago- based entrepreneur was briefly a billionaire after Groupon Inc.' s IPO last year.

  • Alcoa and Chevron lead Dow Jones average down Wednesday, 10 Oct 2012 | 10:20 AM ET

    NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of a critical corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.

  • NYC homeless boom puts shelters in lap of wealthy Wednesday, 10 Oct 2012 | 10:19 AM ET

    NEW YORK-- With a grand entryway of ornate white stonework, the elegant building seems to blend right into this Manhattan neighborhood of multimillion-dollar brownstones.

  • Building on momentum, Romney renews push for Ohio Wednesday, 10 Oct 2012 | 10:16 AM ET

    AKRON, Ohio-- Republican Mitt Romney is making a fresh bid for Ohio voters, trying to use post-debate momentum to make up ground in a state that has been a mainstay of GOP presidential candidates and could help President Barack Obama hold onto the White House. We're going to do it here in Ohio. "

  • Rice seller Amira climbs in 1st day on NYSE Wednesday, 10 Oct 2012 | 10:12 AM ET

    NEW YORK-- Shares of basmati rice seller Amira are rising in their first day of trading Wednesday on the New York Stock Exchange after the company raised $90 million in an initial public stock offering. Amira Nature Foods Ltd., which is based in the United Arab Emirates, sells packaged rice grown in India in more than 40 countries.

  • Valiant Comics launch 1st 'event' story line Wednesday, 10 Oct 2012 | 10:10 AM ET

    Turns out Aric is not exactly happy to find himself returned to Earth some 1,600 years later, his beloved dead, his people gone and his goal of sacking the city of Rome forever out of his reach.

  • Yum Brands upbeat about China division Wednesday, 10 Oct 2012 | 10:08 AM ET

    LOUISVILLE, Ky.-- The owner of the Taco Bell, Pizza Hut and KFC chains predicted Wednesday its fast-growing China business will serve up another round of strong profit growth next year despite a slowing economy in its most important overseas market.

  • Greek unions call another general strike Wednesday, 10 Oct 2012 | 10:08 AM ET

    ATHENS, Greece-- Greece's main labor unions have called a general strike for Oct. 18, the day of a European Union summit and a month after a similar strike saw tens of thousands demonstrate and violent clashes break out with police. Without the money, Greece would run out of funds next month.

  • Mike Tyson gets Australian visa after NZ rejection Wednesday, 10 Oct 2012 | 10:07 AM ET

    WELLINGTON, New Zealand-- Australia granted Mike Tyson a visa Wednesday, one week after New Zealand barred the former heavyweight boxing champion from entering that country due to his 1992 rape conviction.

  • US wholesale stockpiles grew 0.5 percent in August Wednesday, 10 Oct 2012 | 10:07 AM ET

    WASHINGTON-- U.S. wholesalers increased their stockpiles in August and their sales rose for the first time in four months. The Commerce Department said Wednesday that wholesale stockpiles grew 0.5 percent in August after a 0.6 percent increase in July.

  • France, Spain: Europe must meet promises in crisis Wednesday, 10 Oct 2012 | 10:07 AM ET

    PARIS-- French and Spanish leaders say that the 17- country eurozone has all the tools it needs to solve its debt crisis and just needs to put its promises into action.

  • Jamaica Parliament honors former PM Edward Seaga Wednesday, 10 Oct 2012 | 10:03 AM ET

    KINGSTON, Jamaica-- The two houses of Jamaica's Parliament held a special joint sitting Tuesday to honor former Prime Minister Edward Seaga, a major player in national politics for decades and the only survivor of the leaders who drafted the constitution when the Caribbean island gained independence from Britain in 1962..

  • Heating costs to rise this winter as cold returns Wednesday, 10 Oct 2012 | 10:01 AM ET

    NEW YORK-- Americans will pay more to heat their homes this winter as they feel something they didn't feel much of last year: cold. But customers will have to use more energy to keep warm than they did a year ago, according to the annual Winter Fuels Outlook from the Energy Department's Energy Information Administration.

  • Political objections derail European defense deal Wednesday, 10 Oct 2012 | 10:00 AM ET

    LONDON-- A deal to create a European defense and aerospace giant to rival Boeing Co. collapsed Wednesday when BAE Systems and EADS NV called off merger talks in the face of government objections.