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Diarmuid O'Connell, Tesla vice president; and Robert Glaser, North Carolina Automobile Dealers Association president, debate whether the automaker should be able to sell directly to consumers.
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CHICAGO-- United States Cellular Corp., the sixth-largest cellphone carrier in the country, on Friday closed on the sale of some of its Midwestern markets to No. 3 Sprint Nextel Corp. and announced that it's handing over the proceeds to shareholders through a special dividend.
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WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. U.S. law already requires the SEC to consider the impact regulations would have on competition, efficiency and capital formation.
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WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. U.S. law already requires the SEC to consider the impact regulations would have on competition, efficiency and capital formation.
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Shares of Pike Electric Corp. outpaced broader markets Friday, a day after an analyst covering the company billed a recent secondary offering of shares as a positive for the specialty contractor.
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RALEIGH, N.C.-- Former presidential contender John Edwards has reactivated his license to practice law and is setting out on the speaking circuit. The two-time presidential candidate and former North Carolina senator is scheduled to appear June 6 at a private retreat in Orlando, Fla., for lawyer clients of the marketing firm PMP.
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WASHINGTON, May 16- Immigration reform legislation should allow unlimited hiring of foreigners to work on U.S. farms to avert damaging labor shortages at harvest, a group representing large farmers told a U.S. House of Representatives panel on Thursday.
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FHFA oversees the government-controlled Fannie Mae and Freddie Mac, the mortgage financiers that own or back about half of all U.S. home loans. Bank of America Corp, Goldman Sachs Group Inc and Wells Fargo& Co were among his top 20 contributors in his last election, according to the Center for Responsive Politics.
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WASHINGTON, May 16- The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. We are seeing a soft start for growth in the second quarter, "said Sam Bullard, an economist at Wells Fargo in Charlotte, North Carolina.
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RALEIGH, N.C.-- Legislation that attempts to prevent people from suing North Carolina food manufacturers, sellers and advertisers by claiming their products made them overweight has passed one General Assembly chamber. Brian Brown of Greenville says the measure is a commonsense way to eliminate frivolous lawsuits.
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*Corn from Brazil, Argentina seen going north until August. BUENOS AIRES, May 15- A record 2 million tonnes of South American corn is being sent to the United States this season to compensate for last year's weak harvest, industry sources based in Buenos Aires have told Reuters.
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Diarmuid O'Connell, Tesla vice president; and Robert Glaser, North Carolina Automobile Dealers Association president, debate whether the automaker should be able to sell directly to consumers.
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RALEIGH, N.C.-- A bill rolling back energy-efficiency standards for commercial builders has passed the North Carolina House. John Torbett of Stanley said his bill helps encourage commercial development and reuse of vacant buildings because the codes drive up costs.
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May 14- Smithfield Foods Inc, the world's largest pork producer, said on Tuesday it will soon raise half of its hogs on feed that does not contain the additive ractopamine, a lean muscle promoting drug that has been banned in China and Russia.
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RALEIGH, N.C.-- A bill backed by auto dealers that effectively blocks California's Tesla Motors Inc. from selling in North Carolina has passed the state Senate. The electric car manufacturer says the bill that passed the Senate unanimously Monday effectively bars it from selling to state residents through its Internet-based model.
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RALEIGH, N.C.-- A bill abolishing regional economic development commissions has received initial approval from the North Carolina Senate. The bill tentatively passed the Senate Monday with opposition from rural lawmakers who argued the bill cedes power to Raleigh at the expense of poor regions.
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RALEIGH, N.C.-- A bill rolling back energy-efficiency standards for commercial builders passed a North Carolina House committee Monday.
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DURHAM, N.C.-- Drug developer Chimerix Inc. said Monday it took a larger loss in the first quarter on costs related to redeemable preferred stock. Chimerix conducted its initial public offering in April, and the company said it raised $117.9 million before expenses and discounts. Shares of Chimerix rose 70 cents, or 3.5 percent, to $20.75 in morning trading.
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CHARLOTTE, N.C.-- AT&T Inc. says it's looking to fill more than 400 openings in North Carolina, including more than 250 new jobs in dozens of locations statewide. The telecommunications company says Monday that it's expanding wired and wireless service.
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DURHAM, N.C.-- Philanthropist, businesswoman and Duke University alumna Melinda Gates says graduates of her alma mater can use technology in a way she couldn't as a student to connect with others and make a difference in the world. Gates spoke Sunday, when Duke awarded more than 5,000 undergraduate, graduate and professional degrees.
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WASHINGTON, May 10- The U.S. Securities and Exchange Commission's top trial lawyer, who is slated to try one of the agency's highest-profile cases stemming from the financial crisis, is testing the waters for prospective employment at leading law firms, three people familiar with the matter said.