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CNBC Utilities Page Wires

  • LONDON, July 16- British Prime Minister Theresa May won a series of votes in parliament on Monday, keeping her over-arching strategy to leave the European Union just about on track after bowing to pressure from Brexit supporters in her party. May has vowed to stick to her plan to negotiate the closest possible trade ties with the EU, saying her strategy was the only...

  • NASDAQ E-MINI FUTURES DOWN 0.1 PCT AS TRADING RESUMES.

  • Mexico's Damojh says steep take-off caused Cuba plane crash. MEXICO CITY- Mexican aviation company Damojh said on Monday a very steep take-off angle led one of its planes to crash in Cuba in May, killing 112 people, according to black boxes retrieved from the wreckage. Texas fetal tissue burial law on trial at U.S. court.

  • NEW YORK, July 16- Slowly but surely, depositors are starting to shift money from basic U.S. bank accounts to products that pay more than a sliver of a percent in interest. But there are signs that Main Street depositors are getting restless too, after the Federal Reserve lifted its interest rate target for the seventh time in less than three years.

  • DETROIT— Ford has agreed to spend up to $299 million to settle lawsuits filed by owners of about six million vehicles with potentially deadly Takata air bag inflators. The agreement announced Monday must get court approval. Under the deal, owners are eligible for reimbursement of up to $500 for documented expenses.

  • July 16- Amazon.com Inc on Monday said it was working to fix a technical issue that had prevented some shoppers from placing orders during the company's summer marketing event, Prime Day. The company's shares were down more than 1 percent in after-hours trading. In a statement, the world's largest online retailer said many shoppers were ordering items...

  • *Energy stocks fall as crude prices tumble. NEW YORK, July 16- The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong U.S. earnings season. The company missed Wall Street forecasts for U.S. and international subscribers.

  • July 16- Canada's Lundin Mining Corp said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd for about C $1.4 billion. Lundin, which has been eyeing Nevsun's Timok copper deposit in Serbia for years, offered C $4.75 per share, representing a premium of 12.8 percent to Nevsun's closing price of C $4.21 on Monday. Lundin and Euro Sun...

  • He became the 12th person to plead guilty as part of a larger investigation by the Justice Department into bribery at Petroleos de Venezuela SA that became public with the arrest of two Venezuelan businessmen in December 2015. De Leon is scheduled to be sentenced on Sept. 24. De Leon was arrested in October 2017 in Spain and was extradited to the United States...

  • DEFIANCE, Ohio _ First Defiance Financial Corp. on Monday reported second-quarter net income of $11.1 million. On a per-share basis, the Defiance, Ohio- based company said it had net income of 54 cents. The holding company for First Federal Bank of the Midwest posted revenue of $40.5 million in the period.

  • LONDON, July 16- British junior defence minister Guto Bebb resigned after voting against a government-backed amendment on the customs bill, part of plans for Britain's exit from the European Union, BBC news reported on Monday. Bebb, minister for defence procurement, voted against the amendment that will stop Britain collecting tariffs for the European Union...

  • LONDON, July 16- British junior defense minister Guto Bebb resigned after voting against a government-backed amendment on the customs bill, part of plans for Britain's exit from the European Union, BBC news reported on Monday. Bebb, minister for defense procurement, voted against the amendment that will stop Britain collecting tariffs for the European Union...

  • UK JUNIOR DEFENCE MINISTER GUTO BEBB RESIGNS FROM GOVERNMENT- BBC.

  • July 16- Canadian miner Lundin Mining Corp said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd for C $1.4 billion. Lundin said its offer of C $4.75 per share, represents a premium of 12.8 percent to Nevsun's closing price of C $4.21 on Monday. Lundin and Euro Sun Mining Inc had previously disclosed an offer in May to buy Nevsun for C...

  • WASHINGTON, July 16- The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran as it seeks to avoid disrupting global oil markets while reimposing sanctions against Tehran, U.S. Treasury are expected for talks in Delhi this week to discuss Iran sanctions, according to Indian officials.

  • U.S. stocks slipped Monday as investors bought banks but sold shares of most other types of companies, including health care and technology stocks. Energy companies sank along with oil prices. The Russell 2000 index of smaller-company stocks shed 8.54 points, or 0.5 percent, to 1,678.54.

  • Whether it's investors betting against his stock or reporters or analysts who ask tough questions, Elon Musk has fought back, often around the clock on Twitter. But when Musk called a British diver involved in the Thailand cave rescue a pedophile in front of 22.2 million Twitter followers Sunday, he may have gone one tweet too far. "This has nothing to do with...

  • July 16- Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire's largest contribution in his longstanding plan to give away his fortune. Buffett, 87, has since 2006 made more than $30.9 billion in donations to the charities, including roughly $24.5 billion to the Gates Foundation.

  • Bank of America Corp., up $1.23 to $29.78. Deutsche Bank AG, up 90 cents to $12.14. Arconic Inc., up $1.82 to $19.20.

  • NEW YORK, July 16- The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong U.S. earnings season. Netflix shares, which ended up 1.2 percent, dropped more than 12 percent in extended trading after it missed Wall Street...