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CNBC Utilities Page Wires

  • WASHINGTON— President Donald Trump offered a shifting rationale this past week for his firing of FBI Director James Comey and joined other Republicans in exaggerating how much simpler it will become for Americans to file their taxes next time. TRUMP: "Slippery James Comey, the worst FBI Director in history, was not fired because of the phony Russia...

  • BERLIN— Ireland- based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland. Smyths Toys, which according to the statement operates 110 stores and online shops in Ireland and Britain, said it is confident of establishing and expanding its brand in continental Europe. It foresees Smyths Toys taking over Toys R...

  • MENLO PARK, Calif.— Facebook has taken the lion's share of scrutiny from Congress and the media for its data-handling practices that allow savvy marketers and political agents to target specific audiences, but it's far from alone. YouTube, Google and Twitter also have giant platforms awash in more videos, posts and pages than any set of human eyes could ever check.

  • LONDON, April 21- Britain said on Saturday that North Korea's plan to cease nuclear tests would be a positive step and that it hoped this was a sign of good faith. "A long term commitment from Kim Jung Un to halt all nuclear tests and ICBM launches would be a positive step. We hope this indicates an effort to negotiate in good faith, "the British government said in a...

  • BERLIN— The European Aviation Safety Agency has tightened a nearly month-old directive ordering inspections of some fan blades in engines like those used on a Southwest Airlines jet involved in a fatal accident. A March 26 directive called for ultrasonic inspections within nine months. A fan blade snapped off mid-flight on a Southwest Airlines flight...

  • BRITAIN SAYS HOPES NORTH KOREA'S PLAN TO HALT NUCLEAR TESTS INDICATES EFFORT TO NEGOTIATE IN GOOD FAITH.

  • BRITAIN SAYS LONG TERM COMMITMENT FROM NORTH KOREA TO HALT ALL NUCLEAR TESTS AND ICBM LAUNCHES WOULD BE POSITIVE STEP.

  • DIRIYAH, Saudi Arabia— Just outside Saudi Arabia's capital Riyadh, a group of elementary school children are on a field trip at Diriyah, where engineers and construction workers are busy restoring a 17th- century fortress, mosques and clay-colored structures that were once the ruling family's seat of power. The architecture here is associated with the tribes...

  • WASHINGTON— The United States is resisting pressure to back off President Donald Trump's tough America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war. He urged the International Monetary Fund to do more to combat unfair trade practices. Mnuchin issued the comments Friday during the spring meetings...

  • FREMONT, Calif.— Workplace safety regulators say they are investigating two incidents at automaker Tesla's factory in Northern California. The New York Times reported Friday that the investigations come after the Center for Investigative Reporting catalogued a series of workplace injuries at Tesla. California's Division of Occupational Safety and...

  • MEXICO CITY, April 20- A Mexican judge has blocked a company associated with U.S. toymaker Mattel Inc from commercializing the image of artist Frida Kahlo, her family says, as it seeks to halt sales of a Barbie doll styled after the influential artist. The company said at the time that it had reached an agreement to manufacture the doll with the Frida Kahlo...

  • The engine explosion on Southwest Airlines flight 1380 on Tuesday was caused by a fan blade that broke off, the FAA said. "The unsafe condition," the FAA said in the order, "is likely to exist or develop in other products of the same design." That order will affect about 680 engines globally, including about 350 in the United States, the FAA said.

  • MONTREAL/ VANCOUVER April 20- Canadian Pacific Railway Ltd and unions Teamsters Canada and International Brotherhood of Electrical Workers, reached an agreement with to postpone a strike that was scheduled for Saturday. The unions said Friday the decision was made after Canadian Labour Minister Patty Hajdu agreed with Canadian Pacific's request to order...

  • SOUTHWEST AIRLINES CO- CO ACCELERATED PROGRAM TO INSPECT ALL FAN BLADES ON APRIL 17 AND WILL INSPECT ALL REMAINING ENGINE FAN BLADES WITHIN NEXT 30 DAYS.

  • Verizon called the probe "much ado about nothing," adding that it has been working with the Justice Department for several months "regarding the inquiry," according to spokesman Rich Young. The New York Times reported on Friday that the Justice Department had opened an investigation about five months ago after at least one device maker and one wireless carrier...

  • SANTIAGO, April 20- A union of flight attendants for LATAM Airlines subsidiary LAN Express rejected a new contract offer from the Chile- based carrier on Friday, continuing a 10- day-old strike that has affected more than 270,000 passengers. The 1,000- member Cabin Crew Union of LAN Express said 91 percent of its members agreed to reject the new offer.

  • SAN FRANCISCO, April 20- Companies that buy and sell consumer data are preparing for increased scrutiny from U.S. lawmakers after a scandal over how social network Facebook handles personal information, Acxiom Corp's chief executive said on Friday. Scott Howe told Reuters in a phone interview that Acxiom, among the largest U.S. data brokers, welcomed change and...

  • Federal Reserve Today in Washington. 23- Apr Belgium OLO Auction 24- Apr United States Sale of 2- year notes 24- Apr Japan Auction of 2- year government bonds 24- Apr Italy Zero-coupon/BTPi auction 24- Apr Germany Auction of 2- year Treasury notes 24- Apr United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt 2048 25- Apr United States Sale of 2- year...

  • **WASHINGTON, D.C.- Mexico's central banker Alejandro Diaz de Leon and International Monetary Fund Managing Director Christine Lagarde hold a news conference following talks among the International Monetary and Financial Committee, the policy making arm of the IMF- 1645 GMT. WASHINGTON, D.C.- Swedish central bank Governor Stefan Ingves and Deputy Governor Per...

  • **WASHINGTON, D.C.- Mexico's central banker Alejandro Diaz de Leon and International Monetary Fund Managing Director Christine Lagarde hold a news conference following talks among the International Monetary and Financial Committee, the policy making arm of the IMF- 1645 GMT. WASHINGTON, D.C.- Swedish central bank Governor Stefan Ingves and Deputy Governor Per...