GO
Loading...

Enter multiple symbols separated by commas

CNBC Utilities Page Latest Business News Wires - Business Headlines

More

  • CONCORD, N.H.— Plenty of raw electricity sloshes around in Quebec's rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation's highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely. The six New England governors say reining in the costs is a...

  • OTTAWA, Aug 2- Canadian Prime Minister Stephen Harper on Sunday called a parliamentary election for Oct 19, kicking off a marathon 11- week campaign likely to focus on a stubbornly sluggish economy and his decade in power. Polls indicate that Harper's right-of-center Conservative Party, which has been in office since 2006, could well lose its majority in the...

  • WASHINGTON— Donald Trump, widely believed to the be the wealthiest American ever to run for president, is nowhere among the ranks of the country's most generous citizens, according to an Associated Press review of his financial records and other government filings. Trump has said he donated $102 million worth of cash and land to philanthropic and conservation...

  • Aug 2- The Greek stock market will reopen on Monday after a five-week shutdown brought on by capital controls imposed at the height of the cash-for-reforms crisis with international lenders. The rules have been approved by the European Central Bank to avoid a new deposit flight from Greek banks. Local investors, like all Greeks, will not be allowed to withdraw...

  • PARIS— Malaysian official: New debris found in Reunion belongs to' domestic ladder,' not a plane part.

  • ATHENS, Aug 2- Greek traders said on Sunday they expected a torrid day of losses when the Athens stock market opens after being shuttered for five weeks as part of attempts to stop Greece's financial collapse. A combination of pent-up trading, worries about the future and Greece's worsening economy could knock 20 percent or more off the Athens General Index on...

  • A new piece of debris, meanwhile, found on Sunday on the French island of Reunion in the western Indian Ocean turned out to be a "domestic ladder," and doesn't belong to a plane, Malaysian Director General of Civil Aviation Azharuddin Abdul Rahman told The Associated Press amid media reports that a new plane part was found. Malaysian government officials will ask...

  • WASHINGTON— Aiming to jolt the rest of the world to action, President Barack Obama moved ahead Sunday with even tougher greenhouse gas cuts on American power plants, setting up a certain confrontation in the courts with energy producers and Republican-led states. Yet it will be up to Obama's successor to implement his plan, which has faced steep Republican...

  • MALAYSIA SAYS WANTS TO EXPAND SEARCH FOR MORE AIRPLANE DEBRIS AROUND REUNION ISLAND.

  • MALAYSIA TRANSPORT MINISTER SAYS FLAPERON DEBRIS FOUND ON REUNION ISLAND IDENTIFIED AS PART OF BOEING 777.

  • DUBAI, Aug 2- Iran plans to buy as many as 90 planes per year from Boeing and Airbus to revamp its antiquated fleet once Western sanctions are lifted, its state news agency IRNA quoted a senior aviation official as saying on Sunday. "Iran will buy a total of 80-90 planes per year from the two aviation giants in the first phase of renovating its air fleet," said Mohammad...

  • LONDON, Aug 2- Now that U.S. The challenge is that the U.S. economy is generating very little inflation- not to mention disinflation coming from China and nearly no inflation in Europe- leaving many questioning whether the Fed even should be considering a rate rise. "The pace for growth remains extremely weak by past recovery standards, but with potential growth...

  • SHANGHAI, Aug 2- A decade ago Zhang Xiongjie was a teenage infantryman patrolling China's bleak border with North Korea. Now he stays in swanky hotels and drives a Mercedes Benz CLS- a remarkable rags-to-riches journey achieved in part by dominating one of the most obscure corners of China's unruly financial markets: egg futures. The story of how he earned so much...

  • BEIJING, Aug 2- Downward pressure on China's economy will persist in the second half of the year as growth in infrastructure spending and exports is unlikely to pick up, a senior central bank official was quoted as saying. Chinese companies are not optimistic about business prospects according to the central bank's second-quarter survey, Sheng Songcheng, the...

  • DUBAI, Aug 2- Iran expects to raise oil output by 500,000 barrels per day as soon as sanctions are lifted and by a million bpd within months, Oil Minister Bijan Zanganeh said in remarks broadcast on Sunday. According to a Reuters suvey of OPEC production, Iran produced 2.85 million bpd in July. A Reuters analyst said in July that Iran could increase its oil production...

  • NEW YORK— Verizon and unions representing workers in nine states said employees will work without a contract as more negotiations are scheduled. Marc Reed, Verizon's chief administrative officer, said the company is "disappointed" it was unable to reach an agreement with the unions despite "six weeks of good faith bargaining and a very strong effort by the...

  • OTTAWA, Aug 2- Canadian Prime Minister Stephen Harper was set to call a parliamentary election for Oct 19 on Sunday, kicking off a marathon 11- week campaign likely to focus on a stubbornly sluggish economy and his decade in power. Harper's office said in a statement he is due to visit Governor General David Johnston- the representative of Queen Elizabeth,...

  • OTTAWA, Aug 2- Canadian Prime Minister Stephen Harper was set to call a parliamentary election for Oct 19 on Sunday, kicking off a marathon 11- week campaign likely to focus on a stubbornly sluggish economy and his decade in power. Harper's office said in a statement he is due to visit Governor General David Johnston- the representative of Queen Elizabeth,...

  • NEW YORK— President Barack Obama will impose even steeper cuts on greenhouse gas emissions from U.S. power plants than previously expected, senior administration officials said Sunday, in what the president called the most significant step the U.S. has ever taken to fight global warming. A year after proposing unprecedented carbon dioxide limits, the Obama...

  • Subway sandwich artists set world record in Las Vegas Saturday, 1 Aug 2015 | 10:53 PM ET

    LAS VEGAS— Subway's "sandwich artists" cranked out a record number of their lunchmeat masterpieces in Las Vegas on Saturday. Franchisees and employees from around the world set a Guinness World Record for the "most people making sandwiches simultaneously" when 1,481 people built subs at the same time during the brand's annual convention in Las Vegas.