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CNBC Utilities Page Wires

  • MONTREAL, June 20- Canada welcomes comments that U.S. Commerce Secretary Wilbur Ross made on Wednesday to the effect that Canadian steel does not pose a direct security threat, Canadian Foreign Minister Chrystia Freeland told reporters. Ross, speaking to a U.S. Senate committee, said Washington was most concerned about overall steel imports.

  • *House of Commons backs May's plan on EU exit laws. LONDON, June 20- Prime Minister Theresa May won a crucial Brexit vote in parliament on Wednesday, keeping her divided government's plans to end more than 40 years of British partnership with the European Union on track. After pro-EU Conservative lawmaker Dominic Grieve said he would support the government's...

  • NEW YORK, June 20- Three major U.S. airlines have asked the federal government to refrain from using their flights to transport migrant children who have been separated from their families as part of the Trump administration's policy on illegal immigration. American Airlines, United and Frontier issued statements on the matter on Wednesday, before news...

  • Commerce's Ross sees more trade pressure on China. NEW YORK, June 20- The dollar was steady on Wednesday, hovering near an 11- month peak against a basket of major currencies as China's signal of tolerance of a stronger yuan offset anxiety about the global trade conflict. The greenback, as well as the yen and Swiss franc, remained well supported as traders braced for...

  • *Media names, Amazon, lift discretionary sector. NEW YORK, June 20- The Nasdaq touched a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.- China trade spat simmered. Twenty-First Century Fox Inc climbed 7.8 percent after Walt Disney Co, up 0.7...

  • The five heavyweight stocks also powered the Nasdaq Composite to a record high and helped the broader S&P 500 shrug off concerns over tariffs between the United States and China. "We're seeing a big question mark over global trade... and whenever you see the market get in trouble, it's always important to look for leadership and isolate strength," said Adam Sarhan,...

  • June 20- The U.S. Air Force said on Wednesday the first delivery of the KC-46 aerial refueling tankers from Boeing Co would start in October. The first delivery was scheduled for the second quarter of 2018, but, the Air Force said in March it would more likely occur late in the year. "The KC-46 is a top priority for The Boeing Company, and we have the best of Boeing working...

  • SAN FRANCISCO, June 20- Facebook Inc-owned social network Instagram said on Wednesday it was adding a section dedicated to long-form video, expanding beyond its photo-sharing app roots in a competition among streaming services for consumers' time. Instagram Chief Executive Kevin Systrom said at an event in San Francisco that the section would be called IGTV...

  • TORONTO, June 20- Investors are betting that Bank of Canada interest rate hikes will peak before they reach the central bank's estimate of neutral, as rising trade tensions and high domestic debt loads threaten to slow the growth of the country's economy. It would also leave the Bank of Canada with less ammunition to fight that slowdown. "There is a sense that...

  • By a 3-0 vote, the Federal Circuit Court of Appeals in Washington, D.C. threw out a May 2016 dismissal of much of Dr Pepper's decade-old case, saying a trademark review board failed to properly analyze whether "zero" was too generic to be trademarked. We do not believe that any company should have the ability to claim exclusive trademark rights to a term like' zero' in...

  • DEPARTMENT OF HOMELAND SECURITY SAYS' UNFORTUNATE' THAT AMERICAN, UNITED, FRONTIER AIRLINES' NO LONGER WANT TO PARTNER WITH THE BRAVE MEN AND WOMEN OF DHS' IN TRANSPORTING SEPARATED MIGRANT CHILDREN.

  • DHS SAYS:' DESPITE BEING PROVIDED FACTS ON THIS ISSUE, THESE AIRLINES CLEARLY DO NOT UNDERSTAND OUR IMMIGRATION LAWS'.

  • 'WE WISH THE AIRLINES WOULD INSTEAD CHOOSE TO BE PART OF THE SOLUTION'-DHS.

  • 'WE WISH THE AIRLINES WOULD INSTEAD CHOOSE TO BE PART OF THE SOLUTION'-DHS.

  • 'WE WISH THE AIRLINES WOULD INSTEAD CHOOSE TO BE PART OF THE SOLUTION'-DHS.

  • 'WE WISH THE AIRLINES WOULD INSTEAD CHOOSE TO BE PART OF THE SOLUTION'-DHS.

  • WASHINGTON, June 20- A group of Republican and Democratic U.S. lawmakers asked Alphabet Inc's Google on Wednesday to reconsider its work with Chinese telecommunications firm Huawei Technologies Co Ltd, which they described as a security threat. In a letter to Google Chief Executive Sundar Pichai, the lawmakers said Google recently decided not to renew "...

  • WASHINGTON, June 20- The United States is launching an investigation of recent steel price hikes to determine whether some market participants are "illegitimately profiteering" from new U.S. tariffs, Commerce Secretary Wilbur Ross said on Wednesday. U.S. benchmark hot-rolled steel coil June futures prices were quoted at $902 per ton on the New York Mercantile...

  • *Total transaction value of $85.1 bln including debt. June 20- Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc's film and television assets to $71.3 billion on Wednesday, sweetening its deal with cash as it looks to upend Comcast Corp's $65 billion offer. The new cash-or-stock deal may be attractive to Fox's largest shareholder, Rupert...

  • NEW YORK/ LONDON, June 20- Cocoa futures on ICE rallied more than 3 percent to three-week highs on Wednesday, after flooding in the commercial capital of Ivory Coast spurred speculative buying and the spot contract in London extended its premium over September. *September London cocoa settled up 63 pounds, or 3.6 percent, at 1,840 pounds per tonne, after touching...