GO
Loading...

North Carolina

More

  • 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.

  • Feds reviewing Reynolds' deal to buy Lorillard Friday, 29 Aug 2014 | 8:04 AM ET

    RICHMOND, Va.— Federal regulators are putting Camel cigarette maker Reynolds American Inc.' s planned $25 billion takeover of rival Newport maker Lorillard Inc. under the microscope.

  • 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.

  • FairPoint declares impasse, unions disagree Thursday, 28 Aug 2014 | 8:28 AM ET

    The International Brotherhood of Electrical Workers and Communication Workers of America accused FairPoint Communications of violating federal law and asked the National Labor Relations Board to reinstate the contract that expired on Aug. 2.

  • LONDON/ NEW YORK, Aug 28- An experimental Ebola vaccine from GlaxoSmithKline is being fast-tracked into human studies and the company plans to build a stockpile of up to 10,000 doses for emergency deployment, if results are good.

  • Aug 27- Overheating worries at home are driving Canada's homebuilders south of the border where they buy up rural land, betting on a recovery in the U.S. suburban housing market even as many local players remain on the sidelines.

  • 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.

  • Hurricane Cristobal gains, heads toward Bermuda Tuesday, 26 Aug 2014 | 12:37 PM ET

    SAN JUAN, Puerto Rico— Hurricane Cristobal hurled heavy rains across Atlantic and Caribbean islands on Tuesday as it headed toward Bermuda, and officials said the storm already had caused at least five deaths. The storm had maximum sustained winds of 75 mph, but it was expected to strengthen slightly by Thursday after passing northwest of Bermuda.

  • Feds seek comment on lower-risk tobacco bid Tuesday, 26 Aug 2014 | 9:31 AM ET

    RICHMOND, Va.— Federal regulators are seeking public comment on smokeless tobacco maker Swedish Match's request to certify its General-branded tobacco products as less harmful than cigarettes. Swedish Match's application also highlights a philosophical debate over how best to control tobacco.

  • 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.

  • Aug 21- Family Dollar Stores Inc rejected a $9 billion buyout offer from Dollar General Corp and issued a sharp rebuke to accusations its CEO favors a smaller bid from Dollar Tree Inc because it would allow him to keep his job.

  • 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.

  • TVA board votes to retire Memphis coal plant Thursday, 21 Aug 2014 | 11:28 AM ET

    The TVA said the plant consumes about 7,200 tons of coal daily. TVA already has announced plans to shut down coal-fired boilers at plants in Alabama, Kentucky and Tennessee. The U.S. government-owned utility supplies power to about 9 million people in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.

  • 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.