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Cranberry Journal

Saturday, October 17, 2026

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Markets
  • S&P 5007,659.44−1.09%
  • Nasdaq26,140.03−2.15%
  • Dow52,002.41−0.34%
  • 10-yr yield5.10%+0.18%
  • Crude$99.02+2.61%
At the close · Oct 17

Utilities

Tagged stories

Insulators, switchgear and overhead lines at an electric power substation under a pale sky.
The Numbers

Industrial Production Rose 0.7 Per Cent in September, and Utilities Supplied More of It Than Factories. Manufacturing Rose 0.3 Per Cent and Is Up 1.1 Per Cent in a Year.

The Federal Reserve said on Friday 16 October that industrial production rose 0.7 per cent in September after a 0.1 per cent gain in August. Utilities output rose 3.5 per cent, manufacturing 0.3 per cent and mining 0.2 per cent. Capacity utilization rose to 76.9 per cent, 2.5 points below its long-run average.

By Daniel Okafor  

A steel electricity transmission tower standing in a grassy field.
Business

The Southern Family Has Controlled Canadian Utilities Since 1980. It Is Trading It for Shares in Emera.

Emera and Canadian Utilities agreed on Tuesday to combine in an all-share deal that the companies say is the largest merger ever between two Canadian companies, with a combined enterprise value of about C$72 billion. ATCO, the family-controlled group that has held Canadian Utilities since 1980, will give up that control and spin its housing, defence and ports businesses into a new company.

By Daniel Okafor