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  • Democratic ads off the air in Kentucky Senate race Wednesday, 15 Oct 2014 | 3:11 AM ET

    FLORENCE, Ky.— The Democratic Senatorial Campaign Committee has stopped running TV ads in Kentucky's U.S. Senate race, a severe blow to Alison Lundergan Grimes in her challenge to Republican leader Mitch McConnell. The committee's decision in Kentucky was in strong contrast to its activities in other states with pivotal Senate races. Democrats continued to...

  • School group cuts ties with R.J. Reynolds Tobacco Tuesday, 14 Oct 2014 | 7:07 PM ET

    RICHMOND, Va.— In a quick about-face, the National School Boards Association is cutting ties with the nation's second-biggest cigarette maker, R.J. Reynolds Tobacco Co.. In an interview with The Associated Press, the association's executive director, Tom Gentzel, said that following the announcement of the partnership, it became clear that "the debate about...

  • WASHINGTON, Oct 14- The U.S. Supreme Court may have bitten off more than it can chew in a North Carolina case about whether the state dental board has the authority to regulate teeth-whitening services, with the justices appearing unsure how to rule. The legal battle was prompted by the U.S. Federal Trade Commission, which decided that the North Carolina State...

  • That was an easy choice recently for Glenda Oakley, 31, who stayed at a Westin hotel in Charlotte, North Carolina. "I don't need extra towels... or someone else to make my bed daily," said Oakley, an Army veteran and motivational speaker from San Antonio, Texas. Also on board are an assortment of independent properties, like the Amway Grand Plaza in Grand Rapids, Michigan;...

  • Former NC mayor sentenced for taking bribes Tuesday, 14 Oct 2014 | 4:02 AM ET

    CHARLOTTE, N.C.— The former mayor of North Carolina's largest city on Tuesday was sentenced to almost four years in prison for taking bribes from undercover federal agents he thought were developers seeking to fast-track projects. Patrick Cannon had resigned in the midst of the case that stunned Charlotte residents who had once elected him as their youngest...

  • Stanley Furniture posts 3Q loss Monday, 13 Oct 2014 | 4:33 PM ET

    HIGH POINT, N.C. _ Stanley Furniture Co. on Monday reported a loss of $2.3 million in its third quarter. The High Point, North Carolina- based company said it had a loss of 16 cents per share. This story was generated automatically by Automated Insights using data from Zacks Investment Research.

  • Judge: City retains control of Charlotte airport Monday, 13 Oct 2014 | 12:45 PM ET

    CHARLOTTE, N.C.— A North Carolina judge says Charlotte will maintain control of one of the nation's busiest airports instead of a commission pushed by state Republican lawmakers. Judge Robert Ervin on Monday blocked the commission from taking over Charlotte Douglas International Airport while both sides wait for a decision by the Federal Aviation...

  • US high court: Who best judges fair competition? Monday, 13 Oct 2014 | 11:10 AM ET

    RALEIGH, N.C.— The U.S. Supreme Court is set to hear a North Carolina case over whether U.S. states can delegate the regulation of professions such as dentistry, plumbing, cosmetology and more to boards of practitioners drawn from those occupations. The specific case before the court involves a 2007 decision by the North Carolina Board of Dental Examiners warning...

  • Wary candidates fear boomerangs in jobless debate Friday, 10 Oct 2014 | 4:11 AM ET

    Less than an hour later, another GOP candidate from the same state gets attacked for it. For example, Georgia Republican Senate nominee David Perdue doesn't miss a chance to blame President Barack Obama and a Democratic-led Senate for the nation's slow economic recovery. "This president sold us a bill of goods," Perdue told a raucous crowd at the Georgia state...

  • WRAPUP 2-Fed officials keep eyes on mid-2015 rate rise Thursday, 9 Oct 2014 | 5:56 PM ET

    LAS VEGAS, Oct 9- The Federal Reserve will probably start raising interest rates around the middle of next year, two top officials at the U.S. central bank said on Thursday, although both said the exact timing will depend on the economy. "What we think now is that the capital markets have it more or less right but we don't ourselves know when we're going to do it," Fed Vice...

  • WRAPUP 1-Fed officials keep eye on mid-2015 rate rise Thursday, 9 Oct 2014 | 4:51 PM ET

    LAS VEGAS, Oct 9- The Federal Reserve will probably start raising interest rates around the middle of next year, two top officials at the U.S. central bank said on Thursday, although both said the exact timing will depend on the economy. "What we think now is that the capital markets have it more or less right but we don't ourselves know when we're going to do it," Fed Vice...

  • Offshore oil, renewables in East Coast's future? Thursday, 9 Oct 2014 | 4:02 AM ET

    Oil companies looking for new sources are blocked from West Coast drilling due to political opposition, while politicians in the Southeast are welcoming, said API offshore policy adviser Andy Radford. The Democratic governors of California, Oregon and Washington this summer stressed to Interior Secretary Sally Jewel that they oppose drilling off their...

  • NEW YORK, Oct 8- George Perez, a former computer programmer for Bernard Madoff who was convicted in March of aiding his boss' massive Ponzi scheme, got support from a noteworthy source this week: Madoff himself. In an email filed in Manhattan federal court by Perez's defense lawyers, Madoff described a meeting in which he said he told Perez and another programmer,...

  • DALLAS, Oct 7- The Ebola patient fighting for his life in a Dallas hospital is on a ventilator and a kidney dialysis machine to help stabilize his health, the hospital said on Tuesday. Authorities in the United States and the public are on alert following Duncan's diagnosis more than a week ago, which raised concerns that the worst epidemic of Ebola on record could...

  • Oct 6- After nearly a week in hospital, the first Ebola patient diagnosed in the United States began to receive an experimental therapy initially developed to treat other viral diseases, according to the Dallas hospital where he lies in critical condition. On Monday, however, a spokeswoman for Texas Health Presbyterian Hospital said Duncan began receiving a...

  • Democrats lean heavily on PACs in Senate battle Sunday, 5 Oct 2014 | 12:00 AM ET

    With the battle for the Senate tilting toward Republicans, Democrats are more reliant than ever on groups they tried to outlaw, the NY Times reports.

  • NEW YORK, Oct 3- Salix Pharmaceuticals Ltd, citing a "changed political environment," said on Friday it had scrapped a deal with Italy's Cosmo Pharmaceuticals SpA that would have allowed it to shift its tax base from the United States to Europe. In recent months, Salix has also been pursued by Allergan Inc as the Botox maker seeks to fend off a $53 billion hostile...

  • Oct 3- The U.S. Supreme Court's new term is due to begin on Monday. *Texas Department of Housing and Community Affairs v. In July 2013, the appeals court ruled in favor of two teams developing cheaper generic forms of Copaxone: one involving Novartis AG's Sandoz Inc and Momenta Pharmaceuticals Inc and another involving Mylan Inc and Natco Pharma Ltd..

  • Raleigh, North Carolina- based Salix, which makes drugs for gastrointestinal disorders, said in July it would merge with Cosmo's Irish subsidiary, a deal that would allow Salix to move its tax domicile abroad in a practice known as inversion. The development path of the pipeline continued in the meantime, so this termination has no effect on value creation, "said...

  • Oct 3- Salix Pharmaceuticals Ltd and Cosmo Pharmaceuticals SpA said they have terminated their merger agreement, citing a "changed political environment." Raleigh, North Carolina- based Salix, which makes drugs for gastrointestinal disorders, said in July it would merge with Cosmo's Irish subsidiary, a deal that would allow Salix to move its tax domicile abroad...