GO
Loading...

North Carolina

More

  • NASHVILLE, Tenn.— Six years ago, there was a massive spill of coal ash sludge in Tennessee. The EPA ruled that the ash can be treated like regular garbage, meaning regulating the stuff will be left up to states and watchful citizens. "We had to go to court to force EPA to issue this first-ever coal ash rule, and unfortunately, we will be back in court to force coal plants to...

  • Judge: Family Dollar can vote on Dollar Tree buyout Friday, 19 Dec 2014 | 6:49 PM ET

    DOVER, Del.— A Delaware judge says stockholders of Family Dollar Stores Inc. can vote on proposed $8.5 billion acquisition by Chesapeake, Virginia- based Dollar Tree Inc.. But some Family Dollar shareholders want the vote postponed until the board reviews a deal with Dollar General Corp., which has also bid for Matthews, North Carolina- based Family Dollar.

  • A look at large coal ash spills in the US Friday, 19 Dec 2014 | 3:46 PM ET

    The Obama announcement ended a six-year effort that began after a massive spill of the ash that contains toxins at a Tennessee power plant in 2008. Since then, the EPA has documented coal ash waste sites tainting hundreds of waterways and underground aquifers in numerous states with heavy metals and other toxic contaminants. The Tennessee Valley Authority...

  • Environmental groups say the practice of storing coal ash in holding ponds supported by permeable, earthen dikes leads both to contamination of surrounding groundwater and the risk of catastrophe when those dikes fail, as happened in Tennessee and at a site in North Carolina earlier this year. The EPA has said contaminants such as arsenic, mercury and cadmium...

  • Striking FairPoint workers rally in New Hampshire Friday, 19 Dec 2014 | 4:01 AM ET

    CONCORD, N.H.— Two hundred FairPoint Communications workers promised on Friday to remain on strike until company officials return to the bargaining table, even as the 10- week-old strike begins to take a personal and financial toll on the workers and their families. FairPoint's 1,700 workers across Maine, New Hampshire and Vermont began striking in October...

  • Lawsuit shows resistance to legalization of pot Friday, 19 Dec 2014 | 3:14 AM ET

    The lawsuit seeks to overturn Colorado's experiment in legalized recreational pot, alleging that the two conservative states are being overrun with Colorado marijuana that is making it harder for them to enforce their own drug laws. Nebraska Attorney General Jim Bruning framed it as a public-safety issue, though the complaint provides little data to...

  • EPA sets first national standard for coal waste Friday, 19 Dec 2014 | 3:08 AM ET

    "The regulatory uncertainty that has impeded the beneficial use of coal ash for half a decade has finally come to an end," said Thomas H. Adams, the executive director of the American Coal Ash Association. "EPA's final decision to regulate coal ash as a' non-hazardous' material puts science ahead of politics and clears the way for beneficial use of ash to begin growing...

  • Red Hat tops Street 3Q forecasts, shares jump Thursday, 18 Dec 2014 | 4:15 PM ET

    RALEIGH, N.C.— Shares of Red Hat Inc. jumped in aftermarket trading Thursday after the open-source software company reported third-quarter results that topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for adjusted earnings of 40 cents per share. Red Hat's shares rose $5.72, or 9.3 percent, to $67.22...

  • Dec 18- Hedge fund Paulson& Co has taken a stake in specialty pharmaceuticals company Salix Pharmaceuticals Ltd as the company recovers from inventory issues and the departure of its chief financial officer, according to people familiar with the matter. The fund has recently taken a number of large positions in healthcare companies, including Shire PLC, where...

  • NEW YORK, Dec 18- There are plenty of lists proclaiming "The Best Places to Retire." Designed by real estate information company Zillow.com for Reuters, it incorporates reams of data on more than 15,000 locales across the United States. For instance, if you find all of the screening categories to be very important, and you are looking for a reasonably-priced home,...

  • Ford expands drivers air bag recall nationwide Thursday, 18 Dec 2014 | 8:47 AM ET

    DETROIT— Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S. Ford's action puts pressure on BMW and Chrysler, the only two automakers that haven't agreed to national recalls. Honda and Mazda already took their recalls national.

  • NC Rules panel approves new fracking standards Thursday, 18 Dec 2014 | 6:36 AM ET

    The state Rules Review Commission on Wednesday approved the regulations with the understanding that technical corrections for 13 of them would be worked out between now and January, said Vikram Rao, chairman of the North Carolina Mining and Energy Commission. Rao said he expects the Legislature to receive the set of rules in January. Prior to Wednesday's...

  • YOUR MONEY-The best place to retire? You get to pick Thursday, 18 Dec 2014 | 2:00 AM ET

    NEW YORK, Dec 18- There are plenty of lists proclaiming "The Best Places to Retire." Designed by real estate information company Zillow.com for Reuters, it incorporates reams of data on more than 15,000 locales across the United States. For instance, if you find all of the screening categories to be very important, and you are looking for a reasonably-priced home,...

  • Morgan to transition to new role at Krispy Kreme Wednesday, 17 Dec 2014 | 2:01 PM ET

    WINSTON-SALEM, N.C.— Krispy Kreme Doughnuts says its executive chairman is making a transition. The Winston-Salem Journal reports Morgan did not receive compensation as chairman while serving as chief executive and president from January 2008 to June 2014. As part of its executive succession plan, the Winston-Salem- based company appointed Tony Thompson as...

  • UPDATE 1-Pozen says FDA rejects lead drug again Wednesday, 17 Dec 2014 | 8:18 AM ET

    Dec 17- Pozen Inc said two versions of its experimental heart drug were rejected for the second time by the U.S. Food and Drug Administration, which again cited deficiencies in the manufacturing plant of a supplier of an active ingredient. Pozen's shares fell nearly 23 percent to $6.99 in premarket trading on Wednesday. Pozen, which first received the rejection...

  • Dec 17- Convenience-store chain Pantry Inc is nearing a deal to sell itself through an auction, the Wall Street Journal reported, citing people familiar with the matter. More than half of the company's 1,518 stores are present in southeastern United States. Cary, North Carolina- based Pantry's revenue declined 3.5 percent to $7.5 billion in the year ended Sept. 25,...

  • Where Christmas is most loved—and hated—in the US Tuesday, 16 Dec 2014 | 2:39 PM ET
    Atlanta Falcons cheerleaders during game in Atlanta.

    Every part of the U.S. loves Christmas, but one region loves it more than anywhere else.

  • NC group wants Duke Energy to slow plants building Tuesday, 16 Dec 2014 | 12:09 PM ET

    RALEIGH, N.C.— A North Carolina group advocating renewable energy said Tuesday it is pressing federal regulators to investigate whether Duke Energy should buy power from other Southeast electric companies and build fewer power plants that cost consumers. Duke Energy responded in a statement that NC WARN is complaining after the company built natural gas...

  • Reynolds, Lorillard set meetings to vote on merger Friday, 12 Dec 2014 | 6:24 PM ET

    WINSTON-SALEM, N.C.— Cigarette makers Reynolds American Inc. and Lorillard Inc. have scheduled special shareholder meetings to vote on their planned $25 billion merger. Reynolds announced the deal in July to combine the two companies, creating a formidable No. 2 to Richmond, Virginia- based rival Altria Group Inc., owner of Philip Morris USA.

  • Dec 12- Cempra Inc has no plans for now to sell itself, its CEO said, brushing off talk that the company is a potential target as big drugmakers set their sights on antibiotic developers. The deal stirred speculation that developers such as Cempra could also be takeover targets. I know a lot of other biotechs are, " Cempra Chief Executive Prabha Fernandes said in an...