GO
Loading...

Charlotte

More

  • NC offered $100M for Toyota HQ, twice Texas bid Monday, 1 Sep 2014 | 12:21 PM ET

    RALEIGH, N.C.— North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size.

  • Duke proposes $1.9 billion Indiana grid upgrade Friday, 29 Aug 2014 | 1:13 PM ET

    INDIANAPOLIS— Duke Energy asked state regulators Friday to approve a nearly $2 billion upgrade of its Indiana electric grid, improvements the utility said would help reduce power outages by adding "self-healing" smart technologies to the grid.

  • Duke halting coal burning at Ohio plant Friday, 29 Aug 2014 | 11:04 AM ET

    NEW RICHMOND, Ohio— A utility says it will stop burning coal at a southwest Ohio power plant that was the site of a recent oil spill into the Ohio River. Charlotte, North Carolina- based Duke Energy says it will retire the last two coal-fired units Sept. 1 at the New Richmond, Ohio, plant.

  • Dollar General still wants to buy Family Dollar Thursday, 28 Aug 2014 | 9:04 AM ET

    NEW YORK— Dollar General Corp. said it still wants to buy rival Family Dollar, even though its nearly $9 billion offer was rejected by the discount retailer last week. Last week, Family Dollar rejected Dollar General's $8.95 billion offer in favor of a slightly smaller one from rival Dollar Tree Inc. for about $8.5 billion.

  • Chiquita asks shareholders to vote on merger Wednesday, 27 Aug 2014 | 8:56 AM ET

    NEW YORK— Chiquita outlined additional cost savings from its proposed merger with the Irish fruit company Fyffes as it asks shareholders to approve the deal, two weeks after it rejected a takeover bid out of Brazil.

  • 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.

  • Dynegy to spend $6.25B on power plant acquisitions Friday, 22 Aug 2014 | 7:58 AM ET

    Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners. The deal will add about 12,500 megawatts of coal and gas generation and expand Dynegy's retail business into Ohio, Pennsylvania and Michigan.

  • 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.

  • NEW YORK, Aug 21- Bank of America's decision to pay $16.7 billion to settle charges stemming from the sale of mortgage-backed securities may finally allow the company to put last decade's housing bubble behind it, fund managers and analysts say.

  • NEW YORK, Aug 21- Bank of America's decision to pay $16.7 billion to settle charges stemming from the sale of mortgage-backed securities may finally allow the company to put last decade's housing bubble behind it, fund managers and analysts say.

  • Cato posts 2Q profit Thursday, 21 Aug 2014 | 11:46 AM ET

    CHARLOTTE, N.C.— Cato Corp. on Thursday reported fiscal second-quarter profit of $15.7 million, or 56 cents per share. The company, based in Charlotte, North Carolina, posted revenue of $246.5 million in the period. This story was generated automatically by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities. Bank of America said the accord is expected to reduce third-quarter earnings by about $5.3 billion before taxes, or about 43 cents per share after taxes.

  • Bank of America settles mortgage probes for $16.65 bln Thursday, 21 Aug 2014 | 9:15 AM ET

    Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities.

  • Feds say oil spill sheen dissipating in Ohio River Wednesday, 20 Aug 2014 | 10:50 AM ET

    Officials with the U.S. Environmental Protection Agency are coordinating the response to the spill, which occurred at a Duke Energy power plant near Cincinnati late Monday. About 1,000 gallons of oil and contaminated water had been recovered as of Wednesday, the EPA said.

  • NEW YORK, July 30- A federal judge on Wednesday ordered Bank of America Corp to pay a $1.27 billion penalty for fraud over shoddy mortgages sold by the former Countrywide Financial Corp..

  • NEW YORK, July 30- A federal judge on Wednesday ordered Bank of America Corp to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit.

  • *Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, July 29- U.S employment growth likely retained enough momentum in July to help buoy the economy for the rest of the year. The recovery is on solid ground and we are expecting the data to show that in the month of July, "said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ in New York.

  • NEW YORK, July 29- When Harvey Montijo first moved in with his wife Natalie, he remembers exactly how long it took to get into a tiff about household temperature. "Right from the get-go," remembers the 31- year-old orthopedic resident in Charlotte, North Carolina.

  • WASHINGTON, July 25- A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014..