The U.S. Department of Energy’s Loan Programs Office said Thursday it has closed a $1.6 billion loan guarantee to a subsidiary of American Electric Power to reconductor and rebuild around 5,000 miles ...

RBC Bearings Inc. (Nasdaq: ROLL), Oxford, Connecticut, on Monday announced that it has agreed to acquire the Dodge mechanical power transmission division of Asea Brown Boveri Ltd. (ABB) for $2.9 ...

WASHINGTON (AP) — The Department of Energy said Thursday it has finalized a $1.6 billion loan guarantee to a subsidiary of one of the nation's largest power companies to upgrade nearly 5,000 miles of ...