CNBC Utilities Page Wires

  • WALGREENS BOOTS ALLIANCE INC - POLICY WILL BE EFFECTIVE SEPT. 1.

  • *Mammoth poll ends on May 19, votes counted four days later. NEW DELHI, April 23- Millions of Indians voted in the third and largest phase of a staggered general election on Tuesday, including Prime Minister Narendra Modi who cast his ballot in his home state of Gujarat and again underlined his focus on combating terrorism. In Gujarat, Modi met his mother early in the...

  • April 23- Wall Street's public opinion of Lyft Inc took a major turn for the positive on Tuesday, after analysts at many of the banks that worked on its initial public offering urged clients to buy the ride hailer's underperforming shares. Shares of Lyft rose as much as 3 percent in trading before the bell, but rose only marginally soon after Wall Street's official...

  • WAYMO SAYS PLANT TO BE "UP AND RUNNING" BY MID-2019.

  • ALPHABET INC'S WAYMO CHOOSES DETROIT FACTORY FOR AUTONOMOUS VEHICLES, PARTNERS WITH AMERICAN AXLE& MANUFACTURING.

  • SAN FRANCISCO, April 23- Alphabet Inc's Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto industry to build the vehicles of the future. The company's chief executive, John Krafcik, said in a blog post that Waymo would partner with American Axle& Manufacturing to lease and...

  • The Pentagon's biggest weapons supplier is the first major defense company to report first-quarter earnings this week, which Wall Street generally expects to be higher than a year ago as the industry benefits from increased U.S. defense spending and global demand for jets and munitions. Overall, the Bethesda, Maryland- based company said its earnings rose to...

  • Vice President Mike Pence is set to visit southeast Michigan on Wednesday to make the case that the North American trade deal intended to replace NAFTA would boost the auto industry, industry officials said. Pence will speak at an event with automakers and auto suppliers in Taylor, Michigan and is expected to tour a Ford Motor Co truck plant in Dearborn as the...

  • In a petition submitted to cancel and re-run the city elections that it lost three weeks ago, Erdogan's AK Party cited thousands of ballots cast by people it said were ineligible to vote due to previous government decrees. The new CHP mayor, Ekrem Imamoglu, took office on Wednesday, despite a formal request submitted a day earlier by the AK Party to annul and repeat...

  • Vice President Mike Pence is set to visit southeast Michigan on Wednesday to make the case that the North American trade deal intended to replace NAFTA would boost the auto industry, industry officials said. Pence will speak at an event with automakers and auto suppliers in Taylor, Michigan and is expected to tour a Ford Motor Co truck plant in Dearborn as the...

  • April 23- Teva Pharmaceutical Industries Ltd said on Tuesday it would stop developing its migraine drug, Ajovy, for treating cluster headaches. Lilly in November received the U.S. Food and Drug Administration's "breakthrough" status for its migraine drug in treating episodic cluster headaches. Israel- based Teva, the world's largest generic drugmaker, is...

  • LONDON, April 23- The London Metal Exchange could ban or delist brands that are not responsibly sourced by 2022 under an initiative launched on Tuesday to help root out metal tainted by child labour or corruption. Cobalt, a key ingredient in the batteries that power electric vehicles, is mined by small, artisinal operations mainly in the Democratic Republic of...

  • LONDON, April 23- The London Metal Exchange could ban or delist brands that are not responsibly sourced by 2022 under an initiative launched on Tuesday to help root out metal tainted by child labor or corruption. Cobalt, a key ingredient in the batteries that power electric vehicles, is mined by small, artisinal operations mainly in the Democratic Republic of...

  • DUBAI, April 23- Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 21 percent rise in first-quarter net profit on Tuesday, helped by higher special commission income and fees. The bank made 2.89 billion riyals in the three months to March 31, up from 2.38 billion riyals in the same period a year earlier, it said in a bourse statement.

  • *Dow member United Tech rises after upbeat results. April 23- U.S. stocks were set to open slightly higher on Tuesday, as better-than-expected results from Coca-Cola, Twitter and a handful of industrial companies supported investor sentiment amid concerns about slowing profits. With Wall Street's main indexes struggling to make headway, even as they hover...

  • *Saudi British Bank, Alawwal Bank gain on CMA nod. Saudi Arabia's index added 0.4 percent, with Riyad Bank climbing 3.6 percent to reach its highest since May 2006. Saudi British Bank rose 1.3 percent after the Capital Market Authority approved a request to increase its capital to 20.55 billion riyals from 15 billion riyals.

  • On April 1, the unit was awarded a THAAD interceptor missile contract worth $2.4 billion, some of which are slated to be delivered to Saudi Arabia, which could boost earnings for the current quarter. Overall, the Bethesda, Maryland- based company said its earnings rose to $1.70 billion, or $5.99 per share, in the first quarter ended March 31, from $1.16 billion, or $4.02...

  • HARLEY-DAVIDSON PLANS TO SUPPLY CHINA FROM THAILAND BY THE END OF THE YEAR- CONF.

  • Trump had previously criticized Harley for its plans to shift some U.S. production overseas to avoid European Union duties imposed in retaliation for the tariffs the White House placed on imported steel and aluminum last year. But ahead of a speech on Saturday in Wisconsin, where Harley is based, the president said on Twitter that the bloc's treatment of the...

  • President Donald Trump on Tuesday called for the creation of "more, and fairer" social media companies in response to discrimination he said he has faced as a Republican from Twitter Inc.. "No wonder Congress wants to get involved- and they should," he wrote on Twitter. The White House did not immediately respond to a request for comment.