Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.
TransCanada Corp has started engaging landowners on a new route for its Keystone XL pipeline approved by the state of Nebraska, the company said on Tuesday, exploring the costlier path as it mulls a final decision on the expansion project mooted nearly a decade ago.