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CNBC Utilities Page Wires

  • *CEO says won't move existing activities out of Britain. BERLIN, April 24- Airbus will not move its existing activities out of Britain when the country leaves the European Union but could forgo basing new projects there, its chief executive said on Tuesday. The planemaker has previously said it needs to decide whether to spend more on parts in order to build up an...

  • CHICAGO/ BENGALURU, April 24- Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered for his replacement, when he will retire in the next 12 months. The options include having Citigroup Chief Executive Officer Mike Corbat taking on the additional role of chairman, O'Neill said at the Wall Street bank's annual shareholder meeting.

  • NEW YORK— Social media is a daily way of life for many Americans. Nearly half of Americans who use the internet say they use Facebook at least several times a day, making it easily the most popular social media site. A new poll from The Associated Press-NORC Center for Public Affairs Research finds that 12 percent of Americans who are online use Facebook "almost...

  • NEW DELHI, April 24- Microsoft Corp is not auditing how its partner KPMG cracks down on illegal use of Microsoft software in India, the companies said in a joint statement on Tuesday. Microsoft runs a global "software asset management" programme under which it partners with global consultants such as KPMG in India. Reuters reported earlier this month that...

  • April 24- PulteGroup Inc joined bigger rival Lennar Corp in raising its home sales forecast for the year, underscoring homebuyers' optimism around an improving economy despite rising interest rates. Buyer demand continues to benefit from the strength of the underlying economy, a good jobs market with low unemployment, sustained high consumer confidence and...

  • France's Vivendi, the owner of Universal Music Group, the world's biggest music label, said on Tuesday it was mulling an IPO. Tencent Music Entertainment, which attracts three-quarters of China's booming music streaming market, has been reported by The Wall Street Journal to be eyeing a listing later in 2018. "We estimate that only half the worlds population...

  • WASHINGTON— Former Cambridge Analytica employee Christopher Wylie has arrived on Capitol Hill, where he is talking to House Democrats about his time with the data mining firm affiliated with President Donald Trump's campaign. He is talking to Democrats on the House Judiciary Committee Tuesday and Democrats on the House intelligence committee Wednesday.

  • *At 9:41 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite Index rose 12.22 points, or 0.08 percent, to 15,564.28. CN Rail rose 1.2 percent, providing the biggest boost to Canada's main index. *Centerra Gold was up 3.7 percent after Chaarat Gold Holdings offered to buy the company's gold mine Kumtor, the largest in Kyrgyzstan.

  • MADRID— Palma on the island of Mallorca plans to become the first Spanish city to prohibit the rental of apartments to tourists. Palma mayor Antoni Noguera says Tuesday that his government will vote for the ban in a city council because "there is nothing worse than having residents who can't live in their city nor afford a rent." Rents in Mallorca and in most Spanish...

  • WASHINGTON, April 24- The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat "patent trolls" and others that bring patent infringement lawsuits. The court ruled against Oil States International Inc, a Houston- based oilfield services company that had...

  • April 24- U.S. stocks turned negative on Tuesday, weighed down by shares of Alphabet and 3 M and as yield on the 10- year Treasury notes rose to 3 percent for the first time in more than four years.

  • April 24- Not content to stop at slipping packages inside customers' front doors, Amazon.com Inc on Tuesday started a new program to deliver packages to its members' parked cars. All that is required to have packages delivered to a car is downloading an app from Amazon and linking it to the vehicle's so-called connected car service, such as General Motors Co's...

  • CATSKILL, N.Y. _ Greene County Bancorp Inc. on Tuesday reported fiscal third-quarter profit of $3.7 million. The Catskill, New York- based company said it had net income of 43 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • France's Vivendi, the owner of Universal Music Group, the world's biggest music label, said on Tuesday it was mulling an IPO. Tencent Music Entertainment, which attracts three-quarters of China's booming music streaming market, has been reported by The Wall Street Journal to be eyeing a listing later in 2018. "We estimate that only half the worlds population...

  • TERRE HAUTE, Ind. _ First Financial Corp. on Tuesday reported first-quarter profit of $9 million. The holding company for First Financial Bank posted revenue of $37.5 million in the period. First Financial Corp. shares have fallen slightly more than 2 percent since the beginning of the year.

  • April 24- Lockheed Martin Corp reported a better-than-expected quarterly profit and raised its full-year forecast Tuesday, but the Pentagon's No.1 weapons supplier failed to raise its outlook for cash flow, pushing shares lower. "There could be some modest disappointment that the cash guidance has not been raised, but it is early in the year and cash is...

  • MEXICO CITY, April 24- Ministers from the United States, Canada and Mexico meeting in Washington could agree on a revised North American Free Trade Agreement in the next 10 days, a Mexican business leader said on Tuesday. Trade Representative Robert Lighthizer were to meet on Tuesday in Washington. "We've had all our teams in Washington for two weeks and we will...

  • LONDON, April 24- Germany's 10- year bond yield, the benchmark for the euro zone, rose to a 6- week high on Tuesday after U.S. 10- year borrowing costs hit 3 percent for the first time in four years. said Rabobank rates strategist Lyn Graham-Taylor. As U.S. 10- year Treasury yields hit 3.003 percent for the first time since January 2014, Germany's 10- year Bund yield rose...

  • MADRID _ Banco Santander SA on Tuesday reported first-quarter profit of $2.52 billion. The bank, based in Madrid, said it had earnings of 15 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, April 24- U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter. Consumers' short-term expectations also improved, with the share of consumers expecting their incomes to decline over the coming...