CNBC Utilities Page Wires

  • "Based on current projections, we would expect Gap brand to show sequential progress but still be down for the year," Chief Financial Officer Teri List-Stoll said on a post-earnings call. Chief Executive Officer Art Peck has also shut Gap brand stores and named a new head for the unit earlier this year in a bid to shore up sales. Old Navy, Gap's more affordable brand...

  • The Federal Agency of News LLC, known as FAN, and its sole shareholder, Evgeniy Zubarev, filed the lawsuit in federal court in the Northern District of California, seeking damages and an injunction to prevent Facebook from blocking its account. Facebook deleted FAN's account in April as it purged pages linked to the St. Petersburg- based Internet Research Agency,...

  • WASHINGTON, Nov 20- The Trump administration on Tuesday said that China has failed to alter its "unfair" practices at the heart of the U.S.- China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. "This update shows that China has not fundamentally altered its unfair, unreasonable, and market-distorting practices...

  • The companies signed up for $8.9 billion in new loans, leases and lines of credit last month, up from $8.4 billion a year earlier, the Equipment Leasing and Finance Association said. Washington- based ELFA, which reports economic activity for the $1 trillion equipment finance sector, said credit approvals were 76.5 percent in October, up from 75.7 percent in...

  • *APPLE IN TALKS TO GIVE VETERANS ACCESS TO ELECTRONIC MEDICAL RECORDS- WSJ, CITING SOURCES.

  • UNDER PLANS BEING DISCUSSED, APPLE WOULD CREATE SOFTWARE ALLOWING VETERANS TO TRANSFER HEALTH RECORDS TO IPHONES- WSJ.

  • APPLE IN TALKS TO GIVE VETERANS ACCESS TO ELECTRONIC MEDICAL RECORDS- WSJ, CITING SOURCES.

  • Nov 20- Mylan NV said on Tuesday it is addressing issues raised in a warning letter it received earlier this month from the U.S. Food and Drug Administration, which flagged concerns regarding the drugmaker's manufacturing plant in West Virginia. The company said the FDA's letter, dated Nov. 9, followed a regulatory inspection of its Morgantown, West Virginia...

  • WASHINGTON, Nov 20- The Trump administration on Tuesday said that China has failed to alter its "unfair" practices at the heart of the U.S.- China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. Trade Representative's "Section 301" investigation into China's intellectual property and technology transfer...

  • SAN FRANCISCO, Nov 20- Instacart said on Tuesday it hired Bangaly Kaba as vice president of growth from Facebook Inc's Instagram as the grocery delivery startup tries to make itself a household name. Kaba, who had been with Facebook since 2014, said in a statement to Reuters that his team helped double Instagram's monthly users to more than 1 billion in about two...

  • *Drought fuelling record wool prices in top exporter Australia. MADRID/ SYDNEY, Nov 21- A jump in the price of wool from drought-ravaged Australia, the world's top exporter of high-quality fleeces, is rattling through the global clothing supply chain, with some mills passing along costs and retailers cutting down on wool or raising prices. Italian clothmaker...

  • *Italy has refused to cut planned 2019 deficit. BRUSSELS, Nov 21- The European Commission will on Wednesday take the first step towards disciplining Italy over its draft 2019 budget, backed by euro zone governments worried that Rome's borrow-and-spend plans could trigger another debt crisis that would hurt them all. Economy Minister Giovanni Tria says France...

  • MEXICO CITY, Nov 20- Shares in Mexican miners Grupo Mexico and Penoles fell sharply on Tuesday after a lawmaker presented a bill that would require the consent of indigenous communities before granting mining concessions on their land. The bill was presented by Senator Angelica Garcia from leftist President-elect Andres Manuel Lopez Obrador's National...

  • The Federal Agency of News LLC, known as FAN, and its sole shareholder, Evgeniy Zubarev, filed the lawsuit in the federal court in the Northern District of California, seeking damages and an injunction to prevent Facebook from blocking its account. Facebook deleted FAN's account in April as it purged pages linked to the St. Petersburg- based Internet Research...

  • VANCOUVER, Nov 20- British Columbia's premier said on Tuesday his government will introduce legislation next year that will require all new light-duty cars and trucks sold in the province by 2040 to be electric or zero-emission vehicles. To support the plan, British Columbia will expand its fast-charging network and spend an addition C $20 million this year...

  • *Renault COO Bollore to assume Ghosn's operational role. *French government distancing itself from Ghosn. PARIS/ TOKYO, Nov 20- French carmaker Renault tapped its chief operating officer and a senior board member to fill in for embattled boss Carlos Ghosn, after an investigation by alliance partner Nissan led to his arrest on suspicion of financial misconduct.

  • The Federal Agency of News LLC, known as FAN, and its sole shareholder, Evgeniy Zubarev, filed the lawsuit in the federal court in the Northern District of California, seeking damages and an injunction to prevent Facebook from blocking its account. Facebook deleted the company's account in April as it purged pages and accounts associated with the St. Petersburg-...

  • NEW YORK, Nov 20- Americans may need an extra helping of patience this Thanksgiving weekend, with the largest number of travelers in a decade expected to hit the road or board flights to celebrate with family and friends after a prosperous year for many. "This is translating into more travelers kicking off the holiday season with a Thanksgiving getaway."

  • Shares of the company, which on Tuesday also disclosed a warning letter it received from the FDA earlier this month, fell nearly 2 percent to $33.91 after the bell. Mylan said on Tuesday it would recall at least 15 lots of medicines containing valsartan distributed in the United States between March 2017 and November 2018 and manufactured by units Mylan...

  • NEW YORK, Nov 20- Oil prices tumbled more than 6 percent on Tuesday in heavy trading volume, with U.S. crude diving to its lowest level in more than a year, caught in a broader Wall Street selloff fed by mounting concerns about a slowdown in global economic growth. West Texas Intermediate crude futures ended the session down $3.77, or 6.6 percent, at $53.43 per barrel.