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CNBC Utilities Page Latest Business News Wires - Business Headlines

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  • The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.095 percent, up from 0.050 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.270 percent, up from 0.200 percent last week. For a $10,000 bill, the three-month price was $9,997.60, while a six-month bill sold for $9,986.35.

  • NEW YORK, Aug 31- Longer-dated U.S. Treasuries prices fell on Monday after lower U.S. oil production and OPEC's readiness to talk with other producers heightened inflation fears, while weekend comments from the Federal Reserve vice chair hurt shorter-dated prices. "Treasuries become very sensitive at some point to the price of energy," said Robbert van...

  • BRASILIA, Aug 31- The Brazilian government on Monday revised its primary budget forecast for next year from a surplus to deficit, increasing pressure on a rebellious Congress to help shore up finances that threaten the country's investment-grade rating. Planning Minister Nelson Barbosa said the country can reverse a deficit "with measures that need to be...

  • NEW YORK, Aug 31- A college librarian in Kentucky has found the 19th- century manuscript of a musical number that gave rise to one of the most widely performed songs in the world, "Happy Birthday to You," University of Louisville officials said on Monday. The discovery will likely intensify interest in a high-profile U.S. court case over whether Warner Music Group has...

  • PLEASANTON, Calif. _ Adept Technology Inc. on Monday reported a loss of $1.4 million in its fiscal fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share. Adept Technology shares have dropped 17 percent since the beginning of the year.

  • AUSTIN, Texas _ Bazaarvoice Inc. on Monday reported a loss of $10.2 million in its fiscal first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share. Bazaarvoice shares have decreased 34 percent since the beginning of the year.

  • NEW YORK, Aug 31- Wall Street ended lower on Monday after a senior Federal Reserve official added to fears among investors of a U.S. interest hike in September. The S&P 500 registered its biggest monthly percentage drop since May 2012. Based on the latest available data, the Dow Jones industrial average fell 114.98 points on the day, or 0.69 percent, to 16,528.03, the...

  • Aug 31- Apple Inc on Monday teamed up with network gear maker Cisco Systems Inc to improve the performance of its iPad and iPhone devices on Cisco's corporate network. Cisco will provide services specially optimized for iOS devices across mobile, cloud, and on premises-based collaboration tools such as Cisco Spark, Cisco Telepresence and Cisco WebEx, the...

  • CHICAGO, Aug 31- Chicago Board of Trade soybean futures edged higher on Monday on a round of end-of-month short covering while wheat was mixed and corn settled close to unchanged, traders said. CBOT soft red winter wheat for December delivery ended up 1-1/ 4 cents at $4.85 a bushel on Monday, snapping a streak of four straight losses on some bargain buying after the...

  • *Germany gets a wake-up call on depth of refugee crisis. No one in Germany is questioning her assessment any longer. In the past two weeks, the country has been shaken by a perfect storm of headlines that have elevated the refugee issue, long seen in Germany as primarily a southern European problem, to the very top of the public and political agenda.

  • DETROIT, Aug 31- Fiat Chrysler Automobiles is offering $100 prepaid debit cards to owners of recalled vehicles to help ensure cars and trucks with potential safety defects get repaired, the company said on Monday. The U.S. arm of the automaker is also offering $1,000 in special discounts or incentives to the owners of recalled vehicles, if they choose to trade...

  • CALGARY, Alberta, Aug 31- The Canadian crude-producing province of Alberta is forecasting a record budget deficit of C $5.9 billion this year, which could increase to C $6.5 billion, finance minister Joe Ceci said on Monday in an updated first quarter forecast.

  • *OPEC says worried about prices, ready to talk to producers. NEW YORK, Aug 31- Oil futures soared on Monday for a third consecutive day, rising more than 8 percent, as a downward revision of U.S. crude production data and OPEC's readiness to talk with other producers helped extend the biggest price surge in 25 years. U.S. crude gained $3.98, or 8.8 percent, to settle at...

  • ALBERTA'S CECI SAYS PROVINCIAL GOVERNMENT LOOKING TO BALANCE BUDGET IN 2018-2019.

  • *Gold eyes strongest monthly gain since January. NEW YORK/ LONDON, Aug 31- Gold steadied on Monday, bouncing up from session lows as oil prices rallied and the U.S. dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. "It was oil that sparked the short-covering,"...

  • *China worries, Fed outlook spook investors. NEW YORK, Aug 31- World stock indexes fell on Monday amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates, while oil prices rallied. Fed Vice Chairman Stanley Fischer said in a speech at the annual Jackson Hole, Wyoming, central bankers' symposium that U.S....

  • The group says failure to enact the laws will cost Atlantic City $50 million this year— money that would have to come from the city's already-strapped taxpayers. "As the clock continues to tick while we wait for Governor Christie to sign the Atlantic City revitalization legislation, the price of inaction continues to grow and the fate of Atlantic City and the...

  • *OPEC says worried about prices, ready to talk to producers. NEW YORK, Aug 31- Oil soared on Monday for a third consecutive day, with Brent crude rising more than 8 percent, as a downward revision of U.S. output data and OPEC's readiness to talk with other producers helped extend the biggest price surge in 25 years. OPEC will protect its own interests, "according to the...

  • BRENHAM, Texas— The Texas hometown of Blue Bell Creameries received a nearly $1.4 million federal grant the same day ice cream sales resumed after cleanup from listeria contamination. Blue Bell products went back on the market Monday, in parts of Texas and Alabama, after four months of voluntary suspended sales. Representatives of the U.S. Department of...

  • CHICAGO, Aug 31- Chicago Mayor Rahm Emanuel will hold a rare public forum on Monday as he tries to build support for likely tax hikes and harsh cuts in public services to stem the city's growing financial crisis. "He's trying to get people to understand the magnitude of the problem, and to be willing to bear the pain that's inevitably coming," said Dick Simpson,...