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CNBC Utilities Page Latest Business News Wires - Business Headlines


  • Kan. agency considering rules for casino 'junkets' Monday, 8 Oct 2012 | 10:46 AM ET

    TOPEKA, Kan.-- Kansas regulators are considering whether they need new rules for providers of promotional tours to three state-owned casinos. The state Racing and Gaming Commission has scheduled a hearing Friday on the issue. The commission regulates the companies that operate casinos for the Kansas Lottery in Dodge City, Mulvane and Kansas City, Kan..

  • Ridership increases on Mo. passenger trains Monday, 8 Oct 2012 | 10:45 AM ET

    JEFFERSON CITY, Mo.-- Missouri transportation officials say ridership on Amtrak passenger trains in the state has grown by 74 percent over five years. The state transportation department says more than 192,000 passengers rode Amtrak in Missouri during the fiscal year that ended June 30. Amtrak trains make two round trips daily between Kansas City and St. Louis.

  • *CNN starting film unit Monday, 8 Oct 2012 | 10:37 AM ET
  • Dow Chemical component buys Cal/West seed company Monday, 8 Oct 2012 | 10:37 AM ET

    INDIANAPOLIS-- A Dow Chemical Co. business said Monday that it has bought a California seed company. Indianapolis- based Dow AgroSciences, a subsidiary of Midland, Mich.- based Dow Chemical, works on making crops more productive. Dow Chemical slipped 22 cents to $28.98, a down day for the market.

  • Ethiopia: Independent papers say gov't banned them Monday, 8 Oct 2012 | 10:36 AM ET

    ADDIS ABABA, Ethiopia-- Two weekly newspapers that have been critical of Ethiopia's ruling party have stopped publication because of government obstruction, the papers' publishers said Monday. The group says its paper was forced off market after featuring critical articles on the legacy of Ethiopia's late leader Meles Zenawi, who died Aug. 20.

  • *China passenger plane forced to land after threat Monday, 8 Oct 2012 | 10:35 AM ET
  • $250K grant to help northern Maine communities Monday, 8 Oct 2012 | 10:26 AM ET

    MADAWASKA, Maine-- Communities in the St. John Valley region of far northern Maine are getting $250,000 in grant funding to expand development and tourism opportunities. The Northern Border Regional Commission grant will be used to expand recreational facilities in Madawaska, St. Agatha and Frenchville.

  • Parker completes auto air conditioning sale Monday, 8 Oct 2012 | 10:25 AM ET

    CLEVELAND-- Parker-Hannifin, which makes industrial hoses, airplane wheels and other products, says it has closed on the sale of the automotive air conditioning business of its mobile climate systems unit to Germany's ContiTech AG.

  • Oklahoma to sell rail lines to Union Pacific Monday, 8 Oct 2012 | 10:24 AM ET

    OKLAHOMA CITY-- Oklahoma transportation officials are to conclude a deal with Union Pacific Corp. that was 30 years in the making. The Oklahoma Transportation Commission meets Monday at 11 a.m. at which the agency is to announce that Union Pacific is to take ownership of 350 miles of rail lines in the state.

  • Okla. to get $5M in child welfare services grants Monday, 8 Oct 2012 | 10:22 AM ET

    OKLAHOMA CITY-- Oklahoma is to receive more than $5 million in federal grants to help fund services for foster children and families. The Oklahoma Department of Human Services is getting $3.2 million to fund a five-year project to provide mental and behavioral health services for children, youth and families.

  • CareFusion agrees to buy Intermed of Brazil Monday, 8 Oct 2012 | 10:22 AM ET

    SAN DIEGO-- Medical device maker CareFusion Corp. said Monday it agreed to buy Intermed Equipamento Medico Hospitalar, a Brazilian respiratory technology company. CareFusion said Intermed designs, makes and sells ventilators and respiratory care devices used in hospitals in Brazil and Latin America.

  • UALR to host online marketing seminar Monday, 8 Oct 2012 | 10:21 AM ET

    LITTLE ROCK, Ark.-- In advance of the holiday shopping season, the University of Arkansas at Little Rock is preparing to host a seminar on how to market goods and services online. The one-day seminar is set for Oct. 18 at UALR's Donald W. Reynolds Business Center. Participants will learn how to establish and enhance their online business presence.

  • Experts to discuss economy, election at Yale Monday, 8 Oct 2012 | 10:19 AM ET

    NEW HAVEN, Conn.-- Yale University is planning panel discussions involving leading experts on the economy and the election. Yale President Richard C. Levin will moderate.

  • The Tampa Tribune sold to private equity firm Monday, 8 Oct 2012 | 10:19 AM ET

    TAMPA, Fla.-- A private equity investment group has bought The Tampa Tribune newspaper from Media General Inc. for $9.5 million, the newspaper reported Monday.

  • Feinstein wants investigation of Calif. gas prices Monday, 8 Oct 2012 | 10:18 AM ET

    LOS ANGELES-- The statewide average price for a gallon of regular gasoline in California rose to an all-time high Monday, the third record-setting day in a row that is prompting calls for a federal investigation into the price spike.

  • Protea Biosciences firm finds new global partners Monday, 8 Oct 2012 | 10:18 AM ET

    MORGANTOWN, W.Va.-- Protea Biosciences says it's started new international distributor partnerships with several companies in Israel, Poland, Spain, Portugal and Turkey. The Morgantown, W.Va.- based company says that reflects its continuing, successful expansion.

  • Foreclosure help notices being mailed in Tennessee Monday, 8 Oct 2012 | 10:15 AM ET

    NASHVILLE, Tenn.-- Notices are going out in the mail to an estimated 37,000 Tennessee borrowers who may be eligible for payment under a $25 billion national mortgage foreclosure settlement.

  • Electro Rent sales hold steady, but worries lurk Monday, 8 Oct 2012 | 10:14 AM ET

    VAN NUYS, Calif.-- Electro Rent Corp., which rents and sells computers and other electronic equipment, said Monday that revenue for the fiscal first quarter held steady but net income plunged largely because last year's results included gains from buying another company.

  • Oil prices fall after warning from World Bank Monday, 8 Oct 2012 | 10:09 AM ET

    NEW YORK-- A strong warning from the World Bank that growth in Asia may slow further dragged the price of oil Monday to its lowest close in two months. The World Bank signaled the possibility of a "more pronounced slowdown" in China, the world's second largest economy after the United States.

  • Soda industry: Vending machines will show calories Monday, 8 Oct 2012 | 10:08 AM ET

    "They're seeing the writing on the wall and want to say that it's corporate responsibility," said Mike Jacobson, executive director of the Center for Science in the Public Interest, which advocates for food safety and nutrition.