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  • 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.

  • US plans wide seismic testing of sea floor Friday, 25 Jul 2014 | 3:31 PM ET

    ATLANTIC CITY, N.J.— The federal government is planning to use sound blasting to conduct research on the ocean floor along most of the East Coast, using technology similar to that which spawned a court battle between environmentalists and researchers in New Jersey this summer.

  • WASHINGTON, July 25- A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014..

  • *Expects 2nd- qtr revenue of about $345 mln vs est $328 mln. *Expects 2nd- qtr adj earnings $0.27/ shr vs est $0.20. July 24- RF Micro Devices Inc forecast quarterly results above market expectations, helped by higher demand for its chips that connect devices such as Apple Inc's iPhone and Samsung Electronics Co's smartphones to networks.

  • By a 2-1 vote, a panel of the 11th U.S. Circuit Court of Appeals in Miami said on Thursday that U.S. courts lack power to review the claims because all relevant conduct took place outside the country and Chiquita's mere presence in the United States did not confer jurisdiction.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction. "The economy is doing better," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.

  • *Weekly jobless claims fall 19,000. WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.

  • Fans start lining up as Comic-Con floor opens Thursday, 24 Jul 2014 | 8:22 AM ET

    The lineups began as soon as the San Diego Convention Center opened its doors. "You buy it here, you sell it on eBay and it pays for your whole trip," said Chris Schultz, a 26- year-old from Edmonton, Canada. "Game of Thrones" and "The Walking Dead" are expected to be major draws, as are panels from Warner Bros. and Marvel Studios.

  • Willie Nelson, Farm Aid coming to N. Carolina Thursday, 24 Jul 2014 | 4:01 AM ET

    RALEIGH, N.C.— Willie Nelson and the annual Farm Aid concert and food festival are coming to North Carolina. The concert is scheduled for Sept. 13 in the Walnut Creek Amphitheatre in Raleigh. It features performances by Nelson, who is Farm Aid president and co-founder, along with fellow board members John Mellencamp, Neil Young, and Dave Matthews.

  • NEW YORK, July 23- A U.S. federal judge on Wednesday dismissed a shareholders' lawsuit claiming JPMorgan Chase& Co board members knew about Bernard Madoff's Ponzi scheme and ignored red flags signaling his massive fraud.

  • US wildlife officials propose limiting snake trade Wednesday, 23 Jul 2014 | 4:53 PM ET

    HONOLULU— Federal wildlife officials recently proposed strict nationwide limits on importing and shipping boa constrictors and four other snake species in an effort to prevent them from being introduced into the wild.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • Sanders pleads for VA reform bill as talks stall Wednesday, 23 Jul 2014 | 11:39 AM ET

    WASHINGTON— The chairman of the Senate Veterans' Affairs Committee said Wednesday there is still time for Congress to approve a landmark bill to improve health care services for veterans, despite deep disagreement over how much the changes will cost and how they should be paid for.

  • Fortune 500 firm Sealed Air moving HQ to Charlotte Wednesday, 23 Jul 2014 | 9:46 AM ET

    CHARLOTTE, N.C.— Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years.

  • US aerospace conglomerate to expand in Puerto Rico Tuesday, 22 Jul 2014 | 1:52 PM ET

    SAN JUAN, Puerto Rico— Puerto Rico's governor says a U.S. aerospace manufacturing firm is investing $9 million to expand its operations on the island. Alejandro Garcia Padilla said Tuesday the expansion of UTC Aerospace Systems follows a previous investment of $15 million that has created 200 jobs in the past year.

  • WASHINGTON, July 22- U.S. home resales hit an eight month-high in June, suggesting the housing market was gradually regaining momentum and would help the economy to stay on a higher growth path this year.

  • NC tax breaks OK'd for 250 IT jobs in Charlotte Tuesday, 22 Jul 2014 | 12:18 PM ET

    RALEIGH, N.C.— An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks.