CNBC Utilities Page Wires

  • UK PM MAY TO WARN CABINET OF BREXIT DEADLINE FOR CONTINGENCIES IN CASE AGREEMENT FALLS- FT.

  • Nov 13- Juul Labs Inc, the U.S. market leader for electronic cigarettes, said Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products. The FDA in September threatened to ban Juul and four other leading e-cigarette products unless their makers took steps to prevent...

  • As of 12:52 p.m. CST, Chicago Board of Trade December corn was down 4-1/ 4 cents at $3.67 a bushel after dipping to $3.65-1/ 2, the contract's lowest since Nov. 2. CBOT December wheat was down 12 cents at $5.07-3/ 4 a bushel and January soybeans were down 5 cents at $8.78-1/ 4 a bushel. Also, President Donald Trump's top economic adviser said that the United States welcomed...

  • Nov 13- Zotye Automobile, a Ford Motor Co partner in China, said on Tuesday it planned to begin selling SUVs in the United States in 2020.. "There is no current plan for Zotye USA to sell EVs in the U.S. market," Zotye spokesman Chris Hosford said in an email on Tuesday. Zotye USA is owned by HAAH Automotive Holdings, headed by President and Chief Executive Duke Hale, a...

  • LONDON, Nov 13- Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country's prosperity for generations to come. While officials choreograph the first withdrawal of a sovereign state from the EU, May's ultimate test will be...

  • *Trump says OPEC should not cut production. More than 830,000 contracts had changed hands as of 1:45 p.m. EST, as funds shed positions with oil dropping to December 2017 lows. "It's like a run on the bank," said Phil Flynn, analyst at Price Futures Group in Chicago.

  • SAN FRANCISCO/ WASHINGTON, Nov 13- Amazon.com Inc picked America's financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C.. In addition, Nashville, Tennessee, will become Amazon's fourth-biggest U.S. office outside Seattle with more...

  • LONDON, Nov 13- Danske Bank's 200 billion euro money laundering scandal might be the "tip of the iceberg" and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said. Stephen Kohn, a partner at U.S. law firm Kohn, Kohn and Colapinto who is representing Danske whistleblower Howard Wilkinson, told Reuters that...

  • *Boeing drops on Lion Air concerns. Investors largely took heart from signs of progress in trade talks with China, after the Trump administration's top economic adviser Larry Kudlow said Washington was talking again with Beijing on trade, calling it a "very positive" development. "The market will certainly welcome a trade deal at the end of the month and it has not...

  • SINN FÉIN LEADER MARY LOU MCDONALD SAYS BREXIT WITHDRAWAL AGREEMENT MUST GIVE LEGAL EFFECT TO TAOISEACH'S' CAST IRON' GUARANTEE.

  • Nov 13- Starbucks Corp is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees, seen by Reuters. The elimination of the non-store employees is part of a restructuring plan that Johnson unveiled in September in an attempt to make the company nimble enough to tackle rivals in a fiercely...

  • VALENCIA/ CARACAS, Nov 13- With chronic shortages of basic goods afflicting her native Venezuela, Veronica Perez used to drive from supermarket to supermarket in her grey Chevrolet Aveo searching for food. She said she had stopped going to Venezuela's Caribbean coast, just 20 miles away. But in late October and early November, cities in the populous central...

  • NEW YORK/ HOUSTON, Nov 13- General Electric Co plans to raise $4 billion in needed cash by year end, the company said on Tuesday, speeding its planned sale of a stake in oilfield services unit Baker Hughes. It has had three CEOs since July 2017 and its stock has fallen more than 80 percent since 2000.. Based on Tuesday's share price, the sale would raise about $4 billion.

  • BRENT FUTURES FALL MORE THAN $4 TO $66 A BARREL.

  • GASOLINE FUTURES FALL MORE THAN 5 PERCENT TO $1.5536 A GALLON, LOWEST SINCE OCTOBER 2017.

  • BRENT CRUDE FALLS MORE THAN 5 PERCENT TO LOWEST SINCE MARCH AT $66.43 A BARREL.

  • Nov 13- The United States economy could add as many as 5 million workers to its labor force by improving conditions for women workers, including offering better parental leave, a paper published by the San Francisco Federal Reserve Bank on Tuesday found. The San Francisco Fed paper, whose lead author is the bank's new president Mary Daly, analyzed Canada's track...

  • SAN FRANCISCO, Nov 13- Nigerian internet provider Main One Cable Co took responsibility on Tuesday for a glitch that caused some Google traffic to be temporarily misrouted through China, saying it accidentally caused the problem during a network upgrade. The issue surfaced on Monday afternoon as ThousandEyes and BGPmon, two firms that monitor internet...

  • *FTSE 100 ends flat; mid-caps rise. MILAN/ LONDON, Nov 13- The UK's top share index finished broadly flat on Tuesday after sterling strength on Brexit deal hopes weighed on exporters, offsetting gains for Vodafone, Experian and Melrose Industries. The more domestically exposed FTSE 250, which tends to benefit from a stronger pound, rose 0.9 percent.

  • *Brexit deal text to be unveiled to UK cabinet Thursday. LONDON, Nov 13- Sterling hit a 7- month high versus the euro and rocketed beyond $1.30 on Tuesday after the United Kingdom and European Union agreed on the text for a Brexit divorce deal. Prime Minister Theresa May will present the draft withdrawal agreement to her senior ministers on Wednesday for...