CNBC Utilities Page Wires

  • FORT WORTH, Texas— American Airlines is threatening to prohibit customers from making changes to nonrefundable tickets if Congress makes good on a proposal to crack down on unreasonable airline fees. The Senate has voted to tell the Transportation Department to make sure that various fees— including ticket-change and baggage charges— reflect the airline's...

  • WASHINGTON, Sept 20- The U.S. Securities and Exchange Commission said on Thursday that Barrett Business Services Inc and the company's former controller, Mark Cannon, have agreed to settle civil charges of accounting fraud involving workers' compensation. Criminal charges were filed against the company's former chief financial officer, James Miller, by the...

  • NEW YORK, Sept 20- Michael Novogratz, former macro hedge fund manager and founder of cryptocurrency asset management firm Galaxy Digital Capital Management, on Thursday said that the bottom in cryptocurrency prices has been reached and bitcoin is due to bounce back. Bitcoin was last valued at $6,419.03, less than a third of its peak near $20,000 in December 2017.

  • U.S. stocks closed broadly higher Thursday, driving the Dow Jones Industrial Average and S&P 500 index to all-time highs. The Dow beat the mark its set in January, while the S&P 500 eclipsed the peak it set last month. The Russell 2000 index of smaller companies picked up 17.25 points, or 1 percent, to 1,720.18.

  • SACRAMENTO, Calif.— People who want straws with their drinks at California restaurants will have to request them under a new law. Jerry Brown makes California the first state to bar full-service restaurants from automatically giving out single-use plastic straws. California restaurants that don't comply will get two warnings before being fined up to $300...

  • *Dow, S&P hit record highs. *Tech boosts Nasdaq, S&P, led by Microsoft and Apple. NEW YORK, Sept 20- Trade-sensitive industrial stocks led the Dow Jones Industrial Average to a record closing high on Thursday, the last of Wall Street's main indexes to fully regain ground since a correction that began in January.

  • TRIPOLI, Sept 20- Libyan state oil firm NOC has reopened the airfield at the southwestern Wafa oilfield after state guards ended a blockade, it said. Guards, paid by the state to protect oil faculties, as well as other groups regularly seize oilfields to pressure weak authorities into giving them extra pay and benefits, part of the chaos in the OPEC producer since...

  • SACRAMENTO, Calif.— California becomes first state to bar full-service restaurants from automatically handing out plastic straws.

  • Sept 20- Ride-hailing company Uber Technologies Inc is in early talks to buy food delivery company Deliveroo, Bloomberg reported https://bloom.bg/2PRDzeI on Thursday, citing people familiar with the matter. The value of the deal is not known, Bloomberg reported, adding that the offer would need to be considerably above Deliveroo's latest valuation.

  • MEXICO CITY, Sept 18- Mexico's incoming government has begun its promised review of oil contracts, starting with a major project won by a consortium led by U.S.-based Talos Energy, the country's next energy minister said. Set to become Mexico's first leftist leader in modern history when he takes office in December, President-elect Andres Manuel Lopez Obrador...

  • 1. Ed Sheeran; $11,384,458; $92.30. 2. Taylor Swift; $10,863,710; $127.13. 5. Celine Dion; $4,808,263; $215.30.

  • Sept 20- American Airlines Group Inc said on Thursday it would raise the fee for a first checked bag by $5 to $30 and the second bag to $40. The increase in the baggage fee will be effective for tickets bought beginning Sept. 21 for travel in the United States and other North America and Caribbean destinations, the airline said http://bit.ly/2PO42Ke.

  • NEW YORK, Sept 20- Michael Novogratz, former macro hedge fund manager and founder of cryptocurrency asset management firm Galaxy Digital Capital Management, on Thursday said that the bottom in cryptocurrency prices has been reached and bitcoin is due to bounce back. Bitcoin was last valued at $6,419.03, less than a third of its peak near $20,000 in December 2017.

  • Sept 20- Adobe Systems Inc on Thursday agreed to buy Marketo Inc for $4.75 billion from private equity firm Vista Equity Partners Management, adding heft to its cloud-based digital marketing business. Marketo, started in 2006 as an email marketing service, was taken private by Vista Equity Partners for $1.8 billion in 2016.. The San Mateo, California- based...

  • PROVIDENCE, R.I. _ United Natural Foods Inc. on Thursday reported fiscal fourth-quarter profit of $32.8 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share. Fourteen analysts surveyed by Zacks expected $2.61 billion.

  • Under Armour Inc., up $1.24 to $20. Thor Industries Inc., down $13.69 to $91.95. Vonage Holdings Corp., up 27 cents to $13.58.

  • GRAND RAPIDS, Mich. _ Steelcase Inc. on Thursday reported fiscal second-quarter profit of $49.1 million. For the current quarter ending in December, Steelcase said it expects revenue in the range of $885 million to $915 million. Steelcase shares have risen 6 percent since the beginning of the year.

  • BOISE, Idaho _ Micron Technology Inc. on Thursday reported fiscal fourth-quarter earnings of $4.33 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.32 per share. Four analysts surveyed by Zacks expected $8.25 billion.

  • Amazon, at an event in Seattle, announced updated versions of its Echo Show, Echo Dot and Echo Plus, as well as new devices such as a voice-controlled microwave and wall clock. Shares of smart speaker company Sonos Inc closed down 3.1 percent after Amazon announced a wireless Echo subwoofer and the $299.99 Echo Link Amp to control a home stereo system.

  • NEW YORK, Sept 20- Discount brokerages Charles Schwab Corp and TD Ameritrade Holding Corp filed suit against Goldman Sachs Group Inc in New York state court on Thursday over the investment bank's bid to end a 17- year-old stock-sharing agreement. The suit alleges that Goldman Sachs is violating a 2001 agreement reached when it acquired Epoch Partners, an...