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  • Duke Energy to spend $500M for more solar power Monday, 15 Sep 2014 | 10:56 AM ET

    RALEIGH, N.C.— Duke Energy plans to invest $500 million in solar power to meet North Carolina's requirement that more of its electricity come from renewable energy, the country's largest electricity company said Monday. Duke Energy's vice president of renewable generation development.

  • Nucor buying Gallatin Steel for about $770M Monday, 15 Sep 2014 | 9:33 AM ET

    CHARLOTTE, N.C.— Steel company Nucor is buying Gallatin Steel Co. for about $770 million, which will expand Nucor's footprint in the Midwest. Nucor is purchasing ArcelorMittal and Gerdau's respective 50 percent stakes in Gallatin Steel.

  • Chiquita to talk with potential buyers Wednesday, 10 Sep 2014 | 12:26 PM ET

    Should Chiquita eventually see eye-to-eye with the investment firm Safra Group and Cutrale Group, a juice company, it could scuttle a proposed tie up with the Irish fruit company Fyffes, a merger that is far along in the process. There has also been pushback on a national level against the type of deal Chiquita is trying to engineer with Fyffes.

  • Dollar Tree and Family Dollar receive FTC request Tuesday, 9 Sep 2014 | 9:59 AM ET

    NEW YORK— Dollar Tree Inc. said Tuesday that it has received a request from the Federal Trade Commission for more information about its proposed takeover of Family Dollar Stores Inc.. Dollar Tree, based in Chesapeake, Virginia, offered to buy Family Dollar for about $8.5 billion in July.

  • Court: IURC erred in approving Duke fee hike Monday, 8 Sep 2014 | 4:31 PM ET

    INDIANAPOLIS— The Indiana Court of Appeals ruled Monday that state utility regulators wrongly approved $61 million in ratepayer fees for the Edwardsport coal gasification plant. Duke Energy is seeking the money to cover construction costs for the plant.

  • Chiquita postpones meeting on Fyffes to October Monday, 8 Sep 2014 | 7:26 AM ET

    CHARLOTTE, N.C.— Chiquita is postponing a vote on its proposed merger with the Irish fruit seller Fyffes as it awaits a new bid from another potential buyer. Chiquita said it has received a waiver from Fyffes allowing it to hold talks with investment firm Safra Group and Brazil's Cutrale Group, an agribusiness and juice company.

  • NC high court weighs consumer place in power rates Monday, 8 Sep 2014 | 6:14 AM ET

    RALEIGH, N.C.— North Carolina's Supreme Court on Monday took a new look at whether state regulators are doing enough to balance consumer protection against the pursuit of higher rates by the country's largest electric company. The Duke Energy Corp. subsidiary serves customers in Durham and western North Carolina.

  • Electrolux to buy GE Appliances in $3.3B deal Monday, 8 Sep 2014 | 4:06 AM ET

    STOCKHOLM— Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday. The acquisition is the largest ever for Stockholm- based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool.

  • FairPoint unions vow to take fight to 'new level' Friday, 5 Sep 2014 | 2:25 PM ET

    PORTLAND, Maine— Leaders of two unions representing more than 1,700 FairPoint Communications workers in Maine, New Hampshire and Vermont say they're going after the CEO, board members and corporate owners for refusing to negotiate. As part of that effort, the unions picketed this week outside a New York event where FairPoint CEO Paul Sunu was speaking.

  • Sept 5- Bank of America Corp said David Darnell will no longer serve as the company's co-chief operating officer, but will continue to oversee the bank's global wealth and investment management business. Darnell had been the company's co-COO since September 2011, Bank of America said in a filing.

  • WRAPUP 1-Solid U.S. employment growth eyed in August Friday, 5 Sep 2014 | 12:01 AM ET

    *Nonfarm payrolls forecast increasing 225,000 in August. WASHINGTON, Sept 5- U.S. job growth likely accelerated a bit in August and the unemployment rate probably fell to 6.1 percent, offering fresh evidence of sustained momentum in the economy.

  • NC commerce chief also on Family Dollar board Thursday, 4 Sep 2014 | 2:21 PM ET

    CHARLOTTE, N.C.— As the Family Dollar board of directors weighs competing offers to buy the North Carolina- based retail chain, one of its members— state Commerce Secretary Sharon Decker— finds herself in a potentially uneasy position. A Family Dollar sale might send its headquarters out of North Carolina and put at risk 1,400 corporate jobs.

  • CHARLOTTE, N.C.— Missionary infected with Ebola while working in Liberia to get treatment at Nebraska hospital.

  • NEW YORK, Sept 3- Apple Inc shares were on track Wednesday for their worst day since January just days ahead of the launch of its latest iPhone, with one brokerage warning of a stock downgrade unless its new products show better promise for profit growth.

  • Comcast to sponsor NASCAR's Nationwide Series Wednesday, 3 Sep 2014 | 1:54 PM ET

    CHARLOTTE, N.C.— Comcast Corp. has signed a 10- year agreement with NASCAR to replace Nationwide Insurance as the title sponsor of the second-tier series. The series will be known as the NASCAR Xfinity Series through 2024. The deal that matches the longest single agreement around title sponsorship of any NASCAR national series in its history.

  • Apple shares stumble ahead of product launch next week Wednesday, 3 Sep 2014 | 1:20 PM ET

    NEW YORK, Sept 3- Apple Inc shares were on track Wednesday for their worst day since January ahead of the launch of its newest iPhone, with at least one brokerage mulling a stock downgrade unless its new products show better promise for profit growth.

  • CHARLOTTE, N.C.— 3rd American with Ebola identified as Boston- area doctor, went to Africa after others got ill.

  • CHARLOTTE, N.C., Aug 26- President Barack Obama sought to make amends with veterans on Tuesday, announcing steps to expand their access to mental health care and an initiative with financial companies to lower home loan costs for military families.

  • WASHINGTON, Aug 25- Sales of new U.S. single-family homes fell for a second straight month in July, but a surge in the stock of properties on the market and slower price gains should help stimulate demand in the months ahead. "The housing market continues to recover," said Sam Bullard, a senior economist at Wells Fargo Securities in Charlotte, North Carolina.

  • ATLANTA, Aug 21- Appearing thin but smiling, a Texas doctor who weeks ago entered an Atlanta hospital in a full-body biohazard suit to be treated for Ebola said on Thursday he was "thrilled to be alive" as doctors declared him virus-free and safe for release.