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CNBC Utilities Page Wires

  • WASHINGTON, June 18- The U.S. Commerce Department has determined that Chinese common alloy aluminum sheet products are being sold in the U.S. market at less than fair value and will be subject to preliminary anti-dumping duties of 167.16 percent, the Aluminum Association said on Monday. The trade group, which typically announces the findings of Commerce...

  • U.S. stocks shrugged off early losses and wound up with a mixed finish Monday. Household goods companies took some of the worst losses as the S&P 500 index fell for the third time in four days. The Russell 2000 index of smaller-company stocks jumped 8.55 points, or 0.5 percent, to 1,692.46.

  • WASHINGTON— The Environmental Protection Agency has approved the first state permit program for disposal of toxic ash from coal plants, a switch from federal oversight that the coal industry had sought. EPA Administrator Scott Pruitt had delayed implementation of a 2015 federal rule that set tighter guidelines for waste from coal plants.

  • SEATTLE— Some Amazon company investors are siding with privacy and civil rights advocates who are urging the tech giant to halt a powerful face recognition tool used by police. The American Civil Liberties Union is spearheading the effort against Amazon's Rekognition product, delivering to its Seattle headquarters Monday a petition with 152,000...

  • *Canadian dollar at C $1.3200, or 75.76 U.S. cents. TORONTO, June 18- The Canadian dollar weakened to a nearly one-year low against its U.S. counterpart on Monday before paring some of its losses, as global trade tensions weighed on stocks and investors worried about Canada's trade feud with the United States. "It is a continuation of what is a pretty bad story for CAD...

  • This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets. Company officials said the agreement initially would not involve any major new Google initiatives in China, where the company's main services are blocked over its refusal to censor search results in line with local laws.

  • LOS ANGELES, June 18- A former top editor at Bloomberg, Time magazine and the Wall Street Journal, who has steered some of the most influential U.S. publications over five decades, has been hired as executive editor of the Los Angeles Times, the paper's new owner said on Monday. Pearlstine, who retired from Bloomberg last July and served as an advisor to Soon-Shiong...

  • WASHINGTON— Interest rates on short-term U.S. The Treasury Department auctioned $48 billion in three-month bills at a discount rate of 1.900 percent, down from 1.910 percent last week. For a $10,000 bill, the three-month price was $9,951.97 while a six-month bill sold for $9,895.10.

  • NEW YORK, June 18- A Wendy's restaurant in Oklahoma is under fire after an employee video showing a mouse inside a bag of hamburger buns was widely shared online. The Facebook video was filmed at a Wendy's restaurant in Catoosa, Oklahoma, the employee, Sky Frame, said in a post. Don't eat at Wendy's in Catoosa, "Frame wrote on Facebook, alongside the June 14 video and a...

  • Rent-A-Center Inc., up $2.65 to $14.68. JD.com Inc., up 17 cents to $43.76. PTC Therapeutics Inc., up $10.33 to $47.88.

  • NEW YORK, June 18- Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint filed with the U.S. District Court in Manhattan, Fujifilm accused Xerox of breach of contract and...

  • LOS ANGELES, June 18- AT&T Inc should be able to reduce the number of commercials on its newly acquired Time Warner networks by using wireless and TV customer data to target personalized advertisements, John Stankey, the longtime AT&T executive who will run the networks, said in an interview on Monday. The wireless phone giant plans to start selling targeted ads...

  • Energy companies have drilled more than 11,000 wells since arriving en masse in 2008, making Pennsylvania the nation's No. 2 gas-producing state after Texas. In a study to be published Monday, a team from Yale University installed eight water wells and drew samples every few weeks for two years— during which seven natural gas wells were drilled and fracked...

  • *Intel and other chipmakers decline on China tariffs. Boeing, which has acted as a proxy for trade war tensions with China as it is the single largest U.S. exporter to the country, fell 0.9 percent as the biggest drag on the Dow. Chipmakers, which rely on China for a large portion of their revenue, also lost ground.

  • MADRID/ LONDON, June 18- Private equity firm KKR is close to buying a stake in the telecom towers business of Altice, three sources told Reuters, a deal that will help the telecoms and cable group to pay down debt and reshape its European operations. Under the deal, which is being finalised, KKR will use its infrastructure fund to take a minority interest in Altice's...

  • NEW YORK, June 18- The former president of the State University of New York's Polytechnic Institute went to trial on Monday on charges that he helped rig a 2013 bidding process for a billion-dollar development project intended to revitalize the Buffalo, New York, region. Prosecutors have said he helped fix bids for "Buffalo Billion," an economic development...

  • June 18- ICE cotton futures fell over 2 percent on Monday to hit a three-week low, weighed down by trade tensions between the United States and China and rains in West Texas, a major producing region. We had some rains throughout West Texas that was certainly not bullish. The continuation of Friday's decline on trade news for sure, "said Beau Stephenson, senior vice...

  • *Rupert Stadler arrested as part of diesel emissions probe. FRANKFURT, June 18- Volkswagen's supervisory suspended crisis talks to find a stand-in boss for its Audi brand which were convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating. VW has for years said only lower-level...

  • ST. PAUL, Minn.— The Latest on the opening of a hearing before Minnesota regulators on Enbridge Energy's proposal for replacing its Line 3 crude oil pipeline across MInnesota:. Passions ran high though people remained polite as Minnesota regulators opened a key hearing that's meant to lead to a final decision on whether to approve Enbridge Energy's proposal for...

  • LOS ANGELES, June 18- AT&T Inc should be able to reduce the number of commercials during programming on its newly acquired Time Warner networks by using wireless and TV customer data to target personalized advertisements, John Stankey, the longtime AT&T executive who will run the networks, said in an interview on Monday. The wireless phone giant plans to start...