An N.C. man faces charges after being arrested on suspicion of selling crushed Pop-Tarts—as crack cocaine, a TV station reports.» Read More
WINSTON-SALEM, N.C.— Camel and Pall Mall cigarette maker R.J. Reynolds Tobacco Co. is tapping the head of PepsiCo North America's nutrition division as its new president and chief commercial officer.
WASHINGTON— Congress' must-pass budget bill ignores the Obama administration's request to accelerate spending on immigration courts to handle the flood of unaccompanied minors at the border— even as it boosts spending flexibility for Border Patrol agents and detention centers.
COLUMBIA, S.C.— South Carolina's unemployment rate rose again in August to 6.4 percent, putting the state above the national jobless rate, according to labor data released Friday. South Carolina's revised July rate was 5.8 percent, after being 5.3 percent since April.
Clinton spoke at a forum sponsored by the Center for American Progress, which was formed more than a decade ago by veterans of her husband's administration, where she was joined by House Democratic Leader Nancy Pelosi of California, Sens. Kirsten Gillibrand of New York and Patty Murray of Washington and others.
RALEIGH, N.C.— Growing pressure to cut medical costs is pushing three regional hospital chains operating hundreds of locations across North Carolina to combine purchasing and standardize some medical practices, the hospitals said Wednesday.
CARY, N.C.— Indian information technology services company HCL Technologies said Thursday its American subsidiary will add about 1,200 jobs in North Carolina over the next five years by continuing to prepare not-fully-ready workers to fill the IT jobs.
Sept 17- Nucor Corp shares rose to a six-year high on Wednesday after the steelmaker said it would report higher-than-expected third-quarter earnings. Nucor said it expected to post a third-quarter profit of 70 cents to 75 cents per share.
MATTHEWS, N.C.— Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General. Family Dollar is currently trying to arrange a sale to another bargain chain, Dollar Tree Inc..
NEW YORK, Sept 16- Some of the top 20 investors at Salix Pharmaceuticals Ltd are threatening to vote down a proposed deal to buy a unit of Cosmo Pharmaceuticals SpA, and are pressing Salix to consider selling itself instead, people familiar with the matter said on Tuesday.
NEW YORK— Chiquita and Fyffes say there may be some concessions made in their merger agreement to ensure that it is approved by European regulators. The European Commission, which is reviewing the proposed tie-up, has extended that evaluation by 10 days after discussions with Chiquita and Fyffes, a fruit company based in Dublin.
WASHINGTON, Sept 16- The U.S. Congress appeared poised on Tuesday to quickly approve President Barack Obama's plan to arm and train Syrian rebels, a major part of the effort he announced this week to fight Islamic State militants.
DANVILLE, Va.— Starting next month, America's remaining tobacco growers will be totally exposed to the laws of supply and demand.
DUBAI, Sept 16- Investcorp, an alternative investment manager based in Bahrain, said on Tuesday it had acquired a portfolio of office and industrial property assets in three cities in the United States for around $250 million. The purchases, done in separate transactions, were completed by the firm's U.S.-based real estate arm, a statement from Investcorp said.
Bentley signed an executive order forming the Alabama Small Business Commission. Bentley said the commission will be headed by Rosemary Elebash, Alabama director for the National Federation of Independent Business and a longtime advocate for small businesses.
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.
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.
Since the national network started in 2010, Slow Money networks and investment clubs around the country, including in Maine, Massachusetts, California, North Carolina, and in cities like Boston and New York, have made a total of $38 million in investments in 350 small food enterprises.
NEW YORK— Nicholas Sparks' romance-drama novels have already found a second life as film adaptations. Sparks is executive producer of the TV movie " Deliverance Creek," premiering Saturday on Lifetime. "Deliverance Creek," starring Lauren Ambrose, is a departure for Sparks because it isn't a romance and isn't set in North Carolina.
ALBANY, Ga.— Jurors started deciding Friday whether the owner of a Georgia peanut plant linked to a deadly salmonella outbreak recklessly sent known tainted products with the motto "just ship it" or was simply a scapegoat for large food companies that authorities didn't want to prosecute and subordinate managers who weren't prominent enough to shoulder the blame.
Sept 11- Kroger Co, the biggest U.S. supermarket operator, raised its full-year profit forecast and reported a better-than-expected 9 percent increase in quarterly profit on Thursday, helped by the acquisition of Harris Teeter Supermarkets Inc..