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  • *GE, Honeywell blame strong dollar for lower revenue. April 17- U.S. stocks fell on Friday afternoon, putting the S&P 500 on track for its biggest daily percentage loss since March 25, as concerns over regulations in China, Greece's debt negotiations and disappointing earnings weighed on sentiment. Both Honeywell International and General Electric blamed the...

  • Glaxo recalls flu vaccine due to potency problem Friday, 17 Apr 2015 | 1:24 PM ET

    WASHINGTON— GlaxoSmithKline is recalling remaining doses of a popular four-in-one flu vaccine because of effectiveness problems. But Glaxo said in a letter it "cannot rule out potential suboptimal protection" in people who received the vaccine in early January or later. More than 99 percent of the vaccines were distributed in 2014, before the product began...

  • Lorillard beats Street 1Q forecasts Friday, 17 Apr 2015 | 1:24 PM ET

    GREENSBORO, N.C. _ Lorillard Inc. on Friday reported first-quarter earnings of $275 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. Lorillard shares have risen 12 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 1 percent.

  • WINSTON-SALEM, N.C.— Reynolds American's first-quarter profit climbed, helped by increased cigarette prices. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Reynolds American said its performance also benefited from higher moist-snuff pricing.

  • Bank of America settles currency-rigging lawsuit Thursday, 16 Apr 2015 | 12:00 PM ET

    NEW YORK, April 16- Bank of America Corp has settled its portion of a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the foreign exchange market. Bank of America is the third bank to settle investor claims related to the $5.3 trillion- a-day currency market. Scott& Scott said Bank of America's settlement will "mirror" the earlier...

  • "It's important to us to tackle climate change everywhere we are," Lisa Jackson, Apple's vice president for environmental initiatives, told The Associated Press. "When you talk about China, you're talking about manufacturing partners. The new solar project in China has a capacity of 40 megawatts, which is smaller than some projects Apple has announced in the...

  • Square 1 Financial posts 1Q profit Thursday, 16 Apr 2015 | 7:39 AM ET

    DURHAM, N.C. _ Square 1 Financial Inc. on Thursday reported first-quarter net income of $8.2 million. Square 1 Financial shares have risen nearly 8 percent since the beginning of the year. Keywords: Square 1 Financial, Earnings Report.

  • Insteel Industries posts 2Q profit Thursday, 16 Apr 2015 | 6:48 AM ET

    MOUNT AIRY, N.C. _ Insteel Industries Inc. on Thursday reported fiscal second-quarter earnings of $2.5 million. Insteel Industries shares have declined 8.5 percent since the beginning of the year. Keywords: Insteel Industries, Earnings Report.

  • House panel approves bill to tweak coal ash standards Wednesday, 15 Apr 2015 | 5:24 PM ET

    The EPA rule set the first national standards for so-called coal ash, treating it more like household garbage than a hazardous material. McKinley said the EPA rule leaves open the possibility that coal ash could be designated as hazardous, creating uncertainty for industry. States that choose not to set up a program would be subject to regulation established...

  • Bird flu outbreak could head eastward with fall migration Wednesday, 15 Apr 2015 | 5:00 PM ET

    Now they're preparing for the worst, said Donna Carver, extension veterinarian at North Carolina State University. The highly pathogenic H5N2 avian influenza strain has turned up since December in commercial poultry farms, backyard flocks wild birds in the Pacific and Central flyways, but it's done the most damage in the heavily traveled Mississippi Flyway,...

  • CONCORD, N.H.— Senate Majority Leader Mitch McConnell's call for governors to defy proposed federal rules to limit pollution has been met with mostly silence, but leaders in downwind New England states and drought-stricken areas in the West are pushing back. Maggie Hassan, also a Democrat, pointed to efforts there, including the Regional Greenhouse Gas...

  • Bubble Wrap owner seals deal for floor cleaning robots Wednesday, 15 Apr 2015 | 8:50 AM ET

    NEW YORK— Sealed Air Corp. is buying Intellibot Robotics LLC in a move to expand its floor cleaning business. Sealed Air plans to make the business part of its Diversey Care division, which focuses on floor cleaning machines. Sealed Air is known for making packaging products such as Bubble Wrap.

  • Bank of America returns to profit as legal costs subside Wednesday, 15 Apr 2015 | 7:16 AM ET

    NEW YORK— Bank of America returned to profitability in the first quarter as the bank was able to move beyond its legal troubles last year. The consumer banking giant said Wednesday that it earned $2.98 billion after payments to preferred shareholders, compared with a loss of $514 million a year earlier. BofA's legal costs for the quarter were $370 million, down...

  • Obama makes new push on middle-class tax proposals Wednesday, 15 Apr 2015 | 3:07 AM ET

    CHARLOTTE, N.C.— President Barack Obama promoted his tax proposals Wednesday while criticizing congressional Republicans who are pushing to repeal the estate tax. At a town hall on working family issues on the day of the IRS filing deadline, Obama said the estate tax only affects about 5,000 families, including just 120 households in North Carolina.

  • NORTH CHARLESTON, South Carolina, April 14- Labor union officials say they could postpone a vote seeking to organize 3,000 workers at Boeing Co's factory here in South Carolina if their campaign fails to gain enough traction against fierce opposition from the company and local politicians. Organizers for the International Association of Machinists are...

  • RALEIGH, N.C.— Duke Energy received a delay Tuesday in pleading guilty to environmental crimes by raising the specter that bureaucratic red tape could result in power being cut to military bases across North Carolina. The nation's largest electricity company announced in February that it would admit guilt on nine misdemeanor counts and pay $102 million in...

  • COLUMBUS, Ohio— An Ohio House panel has scheduled a vote on legislation that rejects Connecticut's insistence that one of its aviators beat the Wright brothers to the first successful airplane flight by two years. If passed, the Ohio resolution would repudiate Connecticut's claim "that Gustave Whitehead successfully flew a powered, heavier-than-air...

  • HASSELL SAYS HE HAS MET WITH MANY SHAREHOLDERS AND HAS BROAD-BASED SUPPORT FOR DIRECTION OF THE COMPANY.

  • NORTH CHARLESTON, South Carolina, April 14- Labor union officials say they could postpone a vote seeking to organize 3,000 workers at Boeing Co's factory here in South Carolina if their campaign fails to gain enough traction against fierce opposition from the company and local politicians. Organizers for the International Association of Machinists are...

  • NEW YORK, April 13- Crude futures rose on Monday, but closed well below intraday peaks, as concerns about Iran and turmoil in Yemen supported prices, while the global supply glut continued to cap gains. Iran on Monday urged the formation of a new Yemeni government, comments likely to anger fellow OPEC member Saudi Arabia, which is backing Yemen's president against a...