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  • NC likely to join legislative push on Uber, Lyft Sunday, 23 Nov 2014 | 10:54 AM ET

    RALEIGH, N.C.— North Carolina has become an attractive market for smartphone-based car services such as Uber and Lyft, which are drawn to the state's mid-sized cities that have college students and young professionals but lack extensive mass transit. Uber currently offers rides in 10 cities in North Carolina, ranging from Wilmington and Asheville to the...

  • NEW YORK, Nov 21- The morning after President Barack Obama announced his sweeping action to overhaul the U.S. immigration system, conservative groups and states were already pulling together legal strategies to dismantle the plan. Opponents said there will likely be a three-pronged legal approach to stymie Obama's moves: Congress could sue the president for...

  • Judge: Alcoa to show riverbed rights under NC dams Friday, 21 Nov 2014 | 9:56 AM ET

    RALEIGH, N.C.— Alcoa Inc. will have to show it has ownership rights to the riverbed under four North Carolina dams it has operated for as much as a century, a federal judge ruled. "Alcoa has the burden of proving valid title at trial." Pat McCrory's administration involved deciding who owns 40 miles of the Yadkin River bottom on which Alcoa and its predecessor built...

  • Cosby takes show to Bahamas amid trouble at home Friday, 21 Nov 2014 | 7:04 AM ET

    NASSAU, Bahamas— Bill Cosby took his comedy show on the road Thursday in the Bahamas as controversy surrounds him at home. Cosby stuck to his familiar routine of anecdotes about his life, including stories about his childhood growing up in the projects of Philadelphia and some observations about life in the Bahamas drawn from previous visits to the island chain.

  • October jobless rate in NC drops to 6.3 percent Friday, 21 Nov 2014 | 4:01 AM ET

    RALEIGH, N.C.— North Carolina's unemployment rate in October dropped to 6.3 percent, down from 6.7 percent in September, the state Commerce Department reported Friday. "The North Carolina unemployment rate went down significantly," said John Coleman, an economics professor at Duke University's Fuqua business school. But compared to the size of the workforce,...

  • Kozy Shack recalls some puddings over labeling Thursday, 20 Nov 2014 | 9:02 PM ET

    ARDEN HILLS, Minn.— Pudding maker Kozy Shack Enterprises is recalling some of its puddings because they are not labeled as containing milk. The product was distributed to 20 states— Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Virginia, West...

  • NEW YORK, Nov 20- U.S. banks are taking on "incredible" risk in corporate and commercial lending, offering interest rates and terms that do not reflect potential losses, BB&T Corp Chairman and Chief Executive Kelly King said on Thursday. U.S. commercial banks had $1.74 trillion worth of commercial and industrial loans as of October on a seasonally adjusted basis,...

  • Fresh Market misses 3Q profit forecasts Thursday, 20 Nov 2014 | 4:33 PM ET

    GREENSBORO, N.C. _ The Fresh Market Inc. on Thursday reported fiscal third-quarter earnings of $14.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Fresh Market expects full-year earnings in the range of $1.56 to $1.64 per share.

  • Striking FairPoint workers willing to hold out Thursday, 20 Nov 2014 | 9:39 AM ET

    MONTPELIER, Vt.— About 200 striking FairPoint workers and their supporters rallied at the Vermont Statehouse on Thursday as many said they're willing to stay on the picket line until they are offered a contract they consider fair. A series of speakers said FairPoint never lived up to the promises it made after it bought the landline telephone system in Vermont,...

  • Cato posts 3Q profit Thursday, 20 Nov 2014 | 7:21 AM ET

    CHARLOTTE, N.C. _ Cato Corp. on Thursday reported net income of $5.7 million, or 20 cents per share, in its fiscal third quarter. The company, based in Charlotte, North Carolina, posted revenue of $216 million in the period. Cato expects full-year earnings to be $1.95 to $1.99 per share.

  • Florida woman latest to accuse Cosby of forced sex Thursday, 20 Nov 2014 | 12:38 AM ET

    BOCA RATON, Fla.— A Florida woman who came forward Thursday became the fourth in recent weeks to say Bill Cosby gave her pills that made her feel groggy then forced himself on her sexually. Therese Serignese, now 57 and a nurse in Boca Raton, said the television icon raped her in 1976 when she was 19 years old following a show in Las Vegas. Bill Cosby was behind me, having...

  • Showdown looms between US gov't, air bag maker Wednesday, 19 Nov 2014 | 11:11 AM ET

    Takata Corp. insists that current recalls covering 8 million U.S. cars in high-humidity areas are sufficient. "Takata's initial response, yes, an unwillingness to move forward," David Friedman, the agency's deputy administrator, said Tuesday. Takata has so far set aside over $400 million to cover recall costs in the U.S. and globally.

  • Family Dollar delays special shareholders meeting Wednesday, 19 Nov 2014 | 10:57 AM ET

    MATTHEWS, N.C.— Family Dollar is delaying a special meeting at which shareholders were to vote on its $8.5 billion acquisition by Dollar Tree as regulators determine how many stores might need to be divested for antitrust reasons. Dollar General said in a separate statement that is still committed to acquiring Family Dollar and that it is in talks with the FTC...

  • Lowe's rides improving housing market to strong 3Q Wednesday, 19 Nov 2014 | 6:55 AM ET

    MOORESVILLE, N.C.— Lowe's third-quarter earnings jumped 17 percent as home improvement retailers continue to rebound from a tough start to the year, reaping gains from a nascent recovery in the housing market. The company also raised its full-year forecast a day after rival Home Depot reported a 14 percent jump in third-quarter earnings.

  • Lowe's beats Street 3Q forecasts Wednesday, 19 Nov 2014 | 6:06 AM ET

    MOORESVILLE, N.C.— MOORESVILLE, N.C.— Lowe's Cos. on Wednesday reported earnings of $585 million in its fiscal third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Analysts expected $13.55 billion, according to Zacks.

  • Study will test survivors' blood to treat Ebola Tuesday, 18 Nov 2014 | 10:02 PM ET

    The Bill& Melinda Gates Foundation is giving $5.7 million to scale up production of the treatments for the project in Guinea and other Ebola-affected countries in Africa. Besides helping Ebola patients now, plasma "could be a tool for a future epidemic as well" from different viruses, Microsoft co-founder Bill Gates said in an interview with The Associated...

  • WASHINGTON, Nov 18- The U.S. auto safety regulator on Tuesday called on Japanese supplier Takata and five automakers to expand nationwide a regional recall of potentially deadly air bags, increasing pressure on the industry to act more swiftly in the growing scandal. The National Highway Traffic Safety Administration also scolded Takata for what it called "an...

  • TOKYO, Nov 19- Honda Motor Co said on Wednesday it had not received a notice from U.S. safety regulators about expanding nationwide a previous region-specific recall of flawed air bags supplied by Takata Corp.. The National Highway Traffic Safety Agency's call for a recall expansion was prompted by an August incident in North Carolina, outside the area...

  • WASHINGTON, Nov 18- The U.S. auto safety regulator on Tuesday announced it has called on Japanese supplier Takata and automakers to expand nationwide their previously regional recall of flawed air bags. National Highway Traffic Safety Administration Deputy Administrator David Friedman told reporters on Tuesday that Takata has so far expressed an "...

  • TAKATA RECALL BASED ON NEW INFORMATION, SPECIFICALLY AN INCIDENT IN NORTH CAROLINA- U.S.