Pepco Holdings, Inc. (POM) announced that it has requsted Maryland regulators to suspend until June 2010 the procedural schedule on its application to build a high-voltage transmission line to the Delmarva Peninsula, pending completion of a review at that time of the Mid-Atlantic region's over-all transmission needs by PJM Interconnection, the independent regional power grid operator.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.