Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Walmart will stop selling e-cigarettes amid "regulatory complexity" and "uncertainty" around the products, the retailer said in a memo Friday.Health and Scienceread more
Legal experts say that California, which has pledged to sue, has a strong case that the administration's move is unlawful.Politicsread more
A group of 23 states on Friday sued to undo the Trump administration's determination that federal law bars California from setting stiff tailpipe emission standards and...Transportationread more
U.S. officials, including Secretary of State Mike Pompeo, have accused Iran of orchestrating devastating strikes on Saudi oil installations over the weekend.Politicsread more
Rosengren was one of two central bank officials to vote against Wednesday's quarter-point rate reduction, and explained in a speech to the Stern School of Business at New York...Economyread more
Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Apple's iPhone 11 ships with a slow charger in the box, but it supports fast charging. So buy this cable and charger to get a 50 percent charge in 30 minutes.Technologyread more
The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each.The Fedread more
The U.K's "big six" energy companies will be grilled by U.K. lawmakers on Tuesday about the reasons behind hiking their consumer energy bills by an average of 9.1 percent just ahead of the onset of winter.
The companies -- EDF Energy, SSE, Scottish Power, Npower, E.ON UK and British Gas – have been asked to explain the increases when wholesale energy costs have only gone up 1.7 percent over the past year, according to data from Ofgem, the U.K.'s energy regulator.
With the consumer increasingly angry over bill hikes and politicians calling for more regulation of the energy sector, company bosses are due to appear before the government's energy select committee on Tuesday to respond to the mounting anger.
The issue has turned into such a political hot potato that the opposition Labour party has promised a 20-month energy bill freeze if elected at the next election and last week, former Prime Minister John Major called for a "excess profits tax" on energy companies' profits
Gerard Reid, partner at Alexa Capital, a corporate advisory across the energy infrastructure sector, agreed with criticism of the sector, saying that customers in the U.K. had not had a "fair game" in terms of power prices and treatment, compared to their continental neighbors.
"The reality is that what you see in continental Europe is huge price falls across Germany, Franc e and across the board except for in the U.K." Reid told CNBC Europe's "Squawk Box" on Monday.
"This divergence has only taken place in the last few years and the divergence is such that the German wholesale power price is at 50 percent lower than the U.K. power price. We need to bring British power prices in line."
As well as blaming an increase in wholesale prices, the "big six" companies attributed the energy bill increases to higher operating costs and government schemes to encourage investment in renewable energy.
Earlier this month, executives from Europe's leading energy companies told CNBC that they were pushed to invest heavily in renewable energy and technology by the European Union only to run into rules that differ from country to country, an inadequate Europe-wide emissions-trading system and problems with subsidies.
(Read more: Energy leaders warn of blackouts across Europe)
In addition, they complained that the shale gas revolution in the U.S. has further upset European energy companies' competitiveness and their profit margins.
Angela Knight, chief executive of Energy UK, the trade association for the country's energy industry, said that rather than "taking the punches" from the government and consumers over price rises, energy companies were making an effort to clarify the rationale behind price increases.
"Things have always been added onto the energy bill and there's never been real clarity about what you were paying for and as a customer, whether as a householder or as a business, the assumption was that it all came from the energy companies," Angela Knight told CNBC on Monday.
(Read more: US shale revolution leaving Europe in the cold)
"Now, everyone who has put out their price increases so far has accompanied it with a real breakdown of every single part of the bill -- including their own profits – so they've put in their operating costs, VAT costs, the transmission and distribution costs and they've put in those renewable elements."
Knight added that companies were having to pay for a "very, very significant investment" in the U.K. as the country looked to meet climate change targets by moving to renewable energy. "Nobody is saying that the policy of investing in renewables in wrong, they're saying that it has a coast and the cost needs to be transparent and the policy makers need to decide how it's paid for."
- By CNBC's Holly Ellyatt, follow her on Twitter @HollyEllyatt