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CNBC Utilities Page Wires

  • GAINESVILLE, Ga.— With Gary Ramey's fledgling gun-making business taking off in retail stores, he decided to start offering one of his handguns for sale on his website. Payment processing firms are limiting transactions, Bank of America stopped providing financing to companies that make AR-style guns, and retailers like Walmart and Dick's Sporting Goods...

  • June 24- Workers have contained nearly half of the crude oil spilled near Rock River in northwest Iowa over the weekend following a freight train derailment on Friday, BNSF Railway Co said. The cause has not been confirmed, although Iowa Governor Kim Reynolds attributed it to an intense storm and flash flooding in an emergency proclamation issued by her office...

  • DOON, Iowa— Crews are working to contain and clean up crude that spilled when an oil train derailed in northwestern Iowa. BNSF railroad spokesman Andy Williams says workers have unloaded oil from 10 of the oil tank cars that didn't leak after Friday's derailment. Officials have said 14 of the 32 cars that derailed in Lyon County leaked oil.

  • CAMARILLO, Calif.— The average price of a regular gallon of gasoline fell 6 cents over the past two weeks, to $2.95. Lundberg said Sunday that oil prices recently rose $3 per barrel after OPEC said it is limiting oil production. The lowest average gas price recorded in the contiguous 48 states was $2.44 a gallon in Charleston, South Carolina.

  • "Jurassic World: Fallen Kingdom" topped estimates to devour $150 million from 4,475 locations in North America this weekend. The Chris Pratt and Bryce Dallas Howard- led tentpole has already amassed $711.5 million worldwide, including $561.5 million overseas. Universal, the studio behind "Fallen Kingdom," is celebrating its second-best opening ever, only...

  • SAN FRANCISCO— At San Francisco's Tawla restaurant, Muna Anaee powdered her hands with flour and gently broke off a piece of golden dough to prepare bread eaten in Iraq, the country she fled with her family. The Refugee Food Festival— a joint initiative of the United Nations Refugee Agency and a French nonprofit, Food Sweet Food— started in Paris in 2016 and came to...

  • ATLANTIC CITY, N.J.— When four of Atlantic City's 12 casinos shut down in 2014 and a fifth followed two years later, it seemed to many that the city's gambling industry was in an irreversible death spiral. The former Trump Taj Mahal will reopen as the Hard Rock, and the former Revel will reopen as the Ocean Resort Casino. It was bought by Hard Rock International, owned by...

  • DUBAI, June 24- The Iranian rial plunged to a record low against the U.S. dollar on the unofficial market on Sunday, continuing its slide amid fears of returning U.S. sanctions after President Donald Trump in May withdrew from a deal on Tehran's nuclear programme. The dollar was being offered for as much as 87,000 rials, compared to around 75,500 on Thursday, the last...

  • "Jurassic World: Fallen Kingdom" surpassed expectations to open with $150 million in ticket sales in U.S. and Canada theaters over the weekend, according to studio estimates Sunday. While that total didn't approach the record-breaking $208.8 million debut of 2015' s " Jurassic World," it proved the 25- year-old franchise still roars loudly among moviegoers.

  • DUBAI, June 24- The Iranian rial plunged to a record low against the U.S. dollar on the unofficial market on Sunday, continuing its slide amid fears of returning U.S. sanctions after President Donald Trump in May withdrew from a deal on Tehran's nuclear programme. The dollar was being offered for as much as 87,000 rials, compared to around 75,500 on Thursday, the last...

  • LOS ANGELES, June 24- Dinosaurs are ruling the box office again. "Jurassic World: Fallen Kingdom" topped estimates to devour $150 million from 4,475 locations this weekend. "Fallen Kingdom" has already amassed $711.5 million worldwide, including $561.5 million overseas.

  • Aircraft manufacturer Airbus last week issued its strongest warning over the impact of Britain's departure from the European Union, saying a withdrawal without a deal would force it to reconsider its long-term position and put thousands of British jobs at risk. Other European companies with major operations in Britain have also started to speak out two...

  • The U.S. is home to major commercial fisheries for species such as Pacific salmon, New England lobster and Alaska pollock, but it imports more than 90 percent of the seafood the public consumes. The U.S. trades in seafood with countries all over the world, and the countries it buys the most from include Canada, China and Chile. Major buyers of U.S. seafood include China,...

  • CAIRO— Egypt's President Abdel-Fattah el-Sissi approved a law governing popular ride-hailing apps Uber and Careem after the companies appealed a court ruling that revoked their licenses, the country's official gazette reported Sunday. The Supreme Administrative Court on Saturday adjourned the appeal to August 25. The strict new European General Data...

  • WILKES-BARRE, Pa.— Colored bulbs cast an eerie blue glow in the restroom of a convenience store where people who inject heroin and other drugs have been seeking the relative privacy of the stalls to shoot up. They want to make sure the needle goes in the right spot, "said Read Hayes, a University of Florida researcher and director of the Loss Prevention Research...

  • DUBAI, June 24- Saudi insurers posted significant gains on Sunday, on hopes that insurance volumes will rise as women began driving in Saudi Arabia, in the end of the world's last ban on female drivers. Saudi Arabia's addition could help attract $40 billion from foreign funds, the chairman of the Saudi Capital Market Authority told Reuters last week.

  • LONDON, June 24- A British minister accused Airbus and other major companies of issuing "completely inappropriate" threats and undermining Prime Minister Theresa May in a sign of growing tensions with businesses leaders over Brexit. Other European companies with major operations in Britain have also started to speak out two years on from the Brexit vote,...

  • BEIJING, June 24- China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points, releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms. The reserve reduction, the third by the central bank this year, had been widely anticipated by investors...

  • DUBAI, United Arab Emirates— Long-haul airline Etihad Airways will loan pilots to competing Dubai- based carrier Emirates under a new program, officials acknowledged Sunday, marking a rare cooperation between the two state-owned carriers who operate only 115 kilometers apart. There's always been competition between Emirates, founded by Dubai's rulers in...

  • ALBANY, N.Y.— A European company plans to open a new distillery in New York City's northern suburbs, adding to the growing number of craft distilleries in New York state. Andrew Cuomo announced Friday that the Alexandrion Group, Romania's largest spirits producer, will build its first U.S. distillery in the town of Carmel, in Putnam County 55 miles north of New York...