GO
Loading...

North Carolina

More

  • Report: Jet hit unlisted pole in fatal Ga. crash Wednesday, 30 Jul 2014 | 5:24 PM ET

    National Transportation Safety Board investigators say the plane with Vein Guys medical practice employees aboard hit the unlighted pole at the Thomson-McDuffie County Airport near Augusta the night of Feb. 20, 2013.

  • US judge slaps $1.3B fine on Bank of America Wednesday, 30 Jul 2014 | 4:58 PM ET

    NEW YORK— A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments. The fine was against Countrywide Financial, which Bank of America purchased in 2008 as the financial crisis was unfolding.

  • 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.

  • Judge: Peanut salmonella trial may exceed 2 months Wednesday, 30 Jul 2014 | 1:49 PM ET

    ALBANY, Ga.— The trial of three people charged in a deadly salmonella outbreak linked to a southwest Georgia peanut plant could keep jurors tied up for more than two months, the trial judge said Wednesday.

  • Drop in e-cigarette sales hurts Lorillard profit Wednesday, 30 Jul 2014 | 8:45 AM ET

    RICHMOND, Va.— Newport maker Lorillard Inc.' s profit fell 4.2 percent in the second quarter as sales of its market-leading Blu electronic cigarettes dropped and it sold fewer cigarettes.

  • House GOP scrambles for votes on border bill Wednesday, 30 Jul 2014 | 3:44 AM ET

    WASHINGTON— House Republicans, scrambling to win conservative support for a bill addressing the immigration crisis on the border, have scheduled a companion vote on legislation to block President Barack Obama from extending deportation relief to any more immigrants here illegally.

  • Terror threats at chemical plants underestimated Wednesday, 30 Jul 2014 | 2:40 AM ET

    The yearlong investigation by Republican staff on the Senate Homeland Security Committee paints a portrait of inspection delays, government errors in risk assessment and industry loopholes in a $595 million terror prevention program passed by Congress in 2006..

  • Processing issue delays bar exam submissions Wednesday, 30 Jul 2014 | 2:08 AM ET

    The Florida- based software provider ExamSoft Worldwide Inc. said the processing problem created a six-hour backlog that had been cleared by early Wednesday morning.

  • WASHINGTON, July 29- More than 17,000 U.S. military personnel and other consumers will receive about $92 million in debt relief as part of a settlement over a lender's alleged improper practices, the U.S. consumer watchdog and 13 states announced on Tuesday.

  • Business Highlights Tuesday, 29 Jul 2014 | 6:03 PM ET

    SAN FRANCISCO— Dustin Moskovitz has learned a lot about communication since he teamed up with his college roommate Mark Zuckerberg to create Facebook a decade ago.

  • *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.

  • NC Republican leaders announce budget details Tuesday, 29 Jul 2014 | 2:49 PM ET

    RALEIGH, N.C.— North Carolina House and Senate Republicans have unveiled the details of a budget that gives teachers an average 7 percent raise, preserves teacher assistant positions and makes a 1 percent cut to the Medicaid reimbursement rate for health care providers.

  • Soldiers get $92M in debt relief under settlement Tuesday, 29 Jul 2014 | 10:33 AM ET

    Deceptive practices by Rome Finance Co., more recently doing business as Colfax Capital Corp. and Culver Capital LLC, based in California and Georgia, included failing to accurately disclose charges and interest rates, New York's Attorney General Eric Schneiderman said Tuesday.

  • US home price gains slow for 6th straight month Tuesday, 29 Jul 2014 | 9:04 AM ET

    WASHINGTON— U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season. That's down from 10.8 percent in the previous month and the smallest annual gain since February 2013. They accelerated in Charlotte, North Carolina, and were flat in Tampa, Florida.

  • Reynolds American 2Q profit climbs 6.7 percent Tuesday, 29 Jul 2014 | 8:06 AM ET

    RICHMOND, Va.— Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold.

  • 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.

  • Duke agrees to $1.2B deal with ElectriCities Monday, 28 Jul 2014 | 1:31 PM ET

    RALEIGH, N.C.— Duke Energy Progress has agreed to purchase the generating capacity of ElectriCities in a $1.2 billion deal expected to translate into lower power bills for thousands of eastern North Carolina residents.

  • Dollar Tree buying Family Dollar for $8.5 billion Monday, 28 Jul 2014 | 6:21 AM ET

    NEW YORK— Dollar Tree is buying rival discounter Family Dollar, giving it a wider reach in the intensifying fight for deal-seeking customers. On Monday, Dollar Tree CEO Bob Sasser noted that his company and Family Dollar have different business models.

  • Science on the job: Teachers learn from tech firms Saturday, 26 Jul 2014 | 10:34 AM ET

    As American education focuses on closing the gap between the classroom and employers' needs, programs in North Carolina, California and elsewhere are putting teachers temporarily in the workplace. He is wrapping up a five-week stint in the research and development labs of a Danish company in Franklinton, about 30 miles north of Raleigh.