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Southern Co. said Monday its subsidiary Southern Power will acquire a controlling interest in a 200-megawatt solar plant in California from Recurrent Energy, a unit of Canadian Solar Inc. The solar plant, called Tranquility, will be the first partnership between the two companies. The plant is going up in Fresno County, central California, and its power is to be sold to Southern California Edison under a 15-year power purchase agreement. The plant is expected to start operating at the end of 2016. Shares of Canadian Solar rose 1% on Monday, while shares of Southern declined 1.5%.

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Dish Network Corp.’s live Internet TV service Sling TV released its app for Amazon.com Inc.’s Fire HD and HDX tablets on Monday. The online service operates without the need for a cable subscription and provides customers with an often cheaper, more focused selection of networks. Sling TV is available on Amazon Fire TV and Fire TV Stick as well. “Since launching on Amazon Fire TV and Fire TV Stick, Sling TV has been extremely popular with our customers and availability on Fire HD and HDX tablets makes it even more convenient for them to watch their favorite live television shows without a cable subscription,” Amazon Appstore Vice President Steve Rabuchin said in a statement. New Sling TV customers with an Amazon Fire HDX 8.9 or HDX 7, Fire HD 7 or HD6 tablet will recieve a 14-day free Sling TV trial, according to a news release. Shares of Amazon are up 66% in the year so far, while DISH shares are down more than 18% and the S&P has slumped 4%.

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JetBlue Airways will begin seasonal non-stop service between New York’s John F. Kennedy International Airport and Palm Springs International Airport from January 14, 2016 to May 1, 2016. Seats go on sale today starting at an introductory rate of $99 each way. The service will operate five times per week between Thursday and Monday. In a press release, the airline says the “desert oasis” has started to attract younger, trendy travellers after once gaining popularity as a getaway for Hollywood stars like Frank Sinatra.

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The U.S. dollar rose to another record high against the Brazilian real Monday. The real, one of the worst-performing emerging-markets currencies of 2015, traded at 3.67 to the dollar, down 2.3% from its level late Friday in New York. The real moved lower Monday even as other emerging-markets currencies recovered from last week’s selloff. The Turkish lira, another one of this year’s worst performers, traded at 2.91 lira to the dollar, up 0.4% since Friday. Brazil’s economy is dependent on commodity exports, and its currency has been battered as prices have fallen over the past year. Political issues stemming from a corruption scandal at the state-controlled energy firm Petrobras have also shaken confidence in the country’s government.

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WASHINGTON (MarketWatch) — The Chicago PMI, or business barometer index, fell slightly in August but showed that the economy in the Midwest continued to grow at a moderate pace toward the end of summer. MNI Indicators said the index slipped to 54.4 points in August from 54.7 in July. Any number above 50 signals economic expansion. This is the last of the regional manufacturing gauges before the release of the national Institute for Supply Management poll on Tuesday.

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Cal-Maine Foods Inc. shares surged about 6% in early trade Monday, after BB&T Capital Markets upgraded the stock of the nation’s biggest egg producer to buy from hold, and said its recent pullback has created opportunity. “Further, we recently held a protein industry conference whereby we gained additional confidence that the company will be able to participate in recent industry price strength,” analysts wrote in a note. BB&T raised its 2016 earnings per share estimate to $11.60 from $8.76, and lifted its 2017 estimate to $5.00 from $3.95. Egg pricing has been stronger than expected this summer and looks poised for a very strong fall season too, said the note. Government data showed egg prices rose 18% in June from May, after climbing 43% in May from April. Egg prices have risen after a major outbreak of avian flu that led to culling of flocks. Cal-Maine shares have gained about 37% in the year so far, while the S&P 500 has lost 4%.

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U.S. stocks opened lower on Monday as investors continued to fret about slowdown in China and the possibility that the Federal Reserve might increase interest rates in September. The main indexes were on track to record their biggest monthly declines since October 2008, at the height of the financial crisis. The S&P 500 opened 9 points, or 0.4% lower at 1,980. The Dow Jones Industrial Average lost 100 points, or 0.6%, to 16,541 at the open. The Nasdaq Composite began the day down 26 points, or 0.5% at 4,803. All three of the main indexes were on track for monthly losses of around 6%.

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GT Advanced Technologies announced headcount and operating expense cuts of about 40% in order to emerge from Chapter 11 bankruptcy by the first quarter of 2016. The cuts will impact global operations and locations. GT Advanced declared bankruptcy on October 6, 2014 soon after Apple decided not to use the company’s sapphire material for iPhone 6 screens. In court documents leaked in November, GT Advanced accused Apple of being a bully that wouldn’t negotiate an agreement that ultimately forced them to sell product at a loss and played a role in the Chapter 11 filing. In December, the dispute was settled. In July, the company secured $95 million debtor-in-possession term loan facility. Its revised business plan will focus on core products and technologies, including sapphire. And there are plans to capitalize on demand for solar products.

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Amplify Snack Brands Inc.’s stock climbed 1.4% in light premarket trade Monday, after SunTrust Robinson Humphrey initiated research coverage of the maker of SkinnyPop popcorn with its highest buy rating. Analyst William Chappell set an $18 stock price target, which is 35% above Friday’s closing price of $13.31, and where the company’s initial pubic offering priced earlier this month. “In our opinion, Amplify came up with the right brand (SkinnyPop), for the right category (packaged popcorn), at the right time (accelerated growth for healthy snacking), targeting the right demographic (millennials) at the right price (super-premium),” Chappell wrote in a note to clients. He said at current prices, Amplify’s stock is trading at a discount to its peers and other newly-public companies in the healthy foods business. The stock has gained 7.8% over the past three sessions, since closing at its lowest ever price of $12.35–31% below its $18 IPO price–last Tuesday. The closest the stock has traded to its IPO price was $17.20 on its first day, on Aug. 5.

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Computer Sciences Corp. has won a contract valued at almost $109 million to provide cloud services to the U.S. Federal Aviation Administration. CSC has partnered with Amazon Web Services and Microsoft Azure to consolidate FAA data centers and migrate its existing data systems to the cloud. CSC said the deal has an “indefinite-delivery/indefinite-quantity” contingency, with the potential to reach $1 billion over 10 years. Shares of CSC were inactive in premarket trade. They have fallen 8.2% over the last three months, slightly underperforming the broader S&P 500, which is down 5.6%.

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