×

CNBC Utilities Page Wires

  • WASHINGTON, July 19- There were heated exchanges in U.S. Congress on Thursday as Democratic lawmakers grilled President Donald Trump's pick to lead the country's consumer watchdog on her involvement in the government's "zero tolerance" immigration policy. Democratic senators repeatedly pressed Kathy Kraninger, a senior government official, on her role in...

  • New York, July 19- The dollar fell from a one-year peak on Thursday after U.S. President Donald Trump expressed concern about a strong currency, which he said puts the United States at a disadvantage. That's obviously a solid sign that the dollar could face some weakness ahead, "said Juan Perez, senior foreign exchange trader at Tempus Consulting in Washington."

  • SAN FRANCISCO, July 19- Meal delivery service DoorDash has hired Uber's head of finance to be its chief financial officer, putting the startup closer to an initial public offering and dealing another executive loss to Uber Technologies Inc..

  • The Federal Energy Regulatory Commission, an energy industry regulator, called for the power industry's regulating body, the North American Electric Reliability Corp, to expand rules that require reporting of cyber security incidents to include attempts that might facilitate future efforts to disrupt the grid. FERC requested the increased disclosure...

  • TORONTO, July 19- Private equity-backed Canadian medical marijuana company Tilray Inc rose more than 35 percent in its U.S. trading debut on Thursday after raising about $153 million in an initial public offering that was priced above the marketing range, indicating strong investor appetite. Shares of the company, the third Canadian cannabis company to list...

  • Michael McFaul's "From Cold War to Hot Peace: An American Ambassador in Putin's Russia" was No. 6 as of midday Thursday. The White House says President Donald Trump is weighing what he called an "incredible" offer, which has been widely denounced. Russian officials have singled out McFaul, the U.S. ambassador to Russia from 2012-14, and fellow Kremlin critic Bill...

  • NEW YORK— Travelers at John F. Kennedy Airport in New York will soon experience a test of more advanced, three-dimensional imaging to screen carry-on bags. The Transportation Security Administration and American Airlines said Thursday that a test of computed-tomography scanners will start later this month at JFK's Terminal 8. TSA has been running similar...

  • MEAL DELIVERY SERVICE DOORDASH HIRES UBER'S HEAD OF FINANCE PRABIR ADARKAR TO BE ITS CHIEF FINANCIAL OFFICER-- DOORDASH.

  • *Company denies allegations, has major business in UK. LONDON, July 19- Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain's telecom networks to new security risks, a government report said on Thursday. The assessment, made in a report signed off by Britain's GCHQ spy agency, will intensify the espionage debate...

  • WASHINGTON— President Donald Trump is pressing U.S. companies and trade associations to bolster their job training opportunities as employers search for qualified skilled workers to fill vacancies. Trump is set to hold a White House event with corporate leaders, workers and students to promote apprenticeships, vocational opportunities and job training.

  • LAS VEGAS— Nevada twice has come close to carrying out its first execution in 12 years. The delays are raising questions about whether Nevada can overcome legal hurdles to execute its first inmate since 2006 and whether the political will exists to find a way to carry out capital punishment at all. States, including Nevada, have increasingly run up against...

  • *Strong dollar hits metal prices, could hit results of MNCs. July 19- U.S. stocks were set for their biggest drop in a week on Thursday as weak earnings reports were compounded by a strong dollar that not only hit metal prices and weighed on miners, but also raised concerns about future corporate revenue growth. "When you see concerns over trade arise, you see small caps...

  • *OPEC pared production cuts in June- sources. Prices, which had strengthened on news of Saudi Arabia's planned export cuts, fell as the market's focus returned to potential oversupply as Saudi Arabia, Russia and other major producers continue to lift output. OPEC and non- OPEC producers cut oil output in June by 20 percent more than agreed levels, compared to 47...

  • WASHINGTON— President Donald Trump is casting aside concerns about the Federal Reserve's independence and saying he's "not happy" with the central bank's interest rate increases. Trump acknowledges his comments are likely to concern many people, given that the Fed is an independent regulator which asserts its separation from political pressure and the...

  • Zhang says ordinary people would bear the brunt of U.S.- China trade disputes. The U.S. and China are locked in a trade war over American complaints that Chinese companies steal trade secrets and force U.S. firms to hand over technology in return for market access. Discussions about economic ties with China were scheduled for Thursday as more than 20 state...

  • FARNBOROUGH, England, July 19- Boeing claimed victory on Thursday after outselling rival Airbus at this week's Farnborough Airshow, where the world's largest planemakers repeated last year's comparable haul of around 900 orders with the help of leasing industry demand. The world's largest planemaker said it had won 528 orders and commitments at the event in...

  • SAN FRANCISCO, July 19- A leading nonprofit group helping immigrant families reunite at the U.S. border on Thursday rejected a $250,000 donation from Salesforce.com Inc in protest at the cloud-computing company's contract with the U.S. Customs and Border Protection agency. The rejection by the Refugee and Immigrant Center for Education and Legal Services...

  • CARACAS/ ISTANBUL, July 19- Venezuela exported $779 million of gold to Turkey in 2018, according to Turkish government statistics, further evidence that the South American country is shifting its pattern of trade following a wave of sanctions that began last year. The latest data on Turkey's Statistical Institute website show that between January and May,...

  • WASHINGTON— Casting aside concerns about Federal Reserve's independence, Trump says he's' not happy' with interest rate increases.

  • *Industry giants making contingency plans for hard Brexit. FARNBOROUGH, England, July 19- Airbus is stockpiling parts in case of a hard Brexit and Rolls-Royce is months away from doing so. The largest aerospace sector in Europe and second in the world behind the United States, the British industry generates exports worth 30 billion pounds a year and sustains...