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Top News & Analysis North Carolina

  • But the Affordable Care Act also expanded Medicaid. Not only would the GOP legislation scale back coverage through the insurance markets and phase out the Medicaid expansion, it would also make fundamental changes to the broader Medicaid program. As health care costs have kept climbing, employers cut back on coverage, and Medicaid passed Medicare as the...

  • NEW YORK— With the number of teenagers working summer jobs in decline since the 1980 s, students and their parents have found creative ways to fill summer months. Mary Ellen Ynes is the mother of two in the Silicon Valley town of Redwood Shores, California. Sheila Sheley of Dallas has a 16- year-old daughter who will be a senior in the fall.

  • RICHMOND, Va.— A 303- mile pipeline that would carry fracked natural gas across West Virginia and Virginia would have "significant" impacts on forests but other adverse effects would be limited, federal regulators said Friday. The Federal Energy Regulatory Commission's final environmental impact statement is largely favorable for developers of the $3.5...

  • June 22- It took less than 24 hours for Warren Buffett, one of the world's savviest dealmakers, to make a C $360 million paper profit by propping up a major Canadian lender on life support. Home Capital joined Bank of America Corp, General Electric Co, Goldman Sachs Group Inc and other companies that have welcomed Buffett's largesse, accepting a C $2 billion credit...

  • NEW YORK, June 22- The operator of the biggest U.S. fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six years, the latest symptom of a global oil market grappling with oversupply. Benchmark U.S. gasoline prices led the energy complex higher and were up about 2.1 percent shortly after midday,...

  • SAN FRANCISCO— At Facebook, mere "sharing" is getting old. So the Facebook founder wants to bring more meaning to its nearly 2 billion users by nudging them into online groups that bring together people with common passions, problems and ambitions. Much like the creation of Facebook itself— the largest social-engineering project in history— that shift could have...

  • NEW YORK, June 22- The operator of the biggest U.S. fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six-years, the latest symptom of a global oil market grappling with oversupply. The summer is typically when gasoline demand peaks in the world's biggest oil consuming country as motorists...

  • Foxconn employees on the assembly line in Longhua, Shenzhen, China.

    Apple supplier Foxconn plans to invest more than $10 billion in a display-making factory in the U.S. and will decide on the location of the plant next month.

  • SAN FRANCISCO, June 22- Facebook said it would not disclose information about political campaign advertising or related data such as how many users click on ads and if advertising messages are consistent across demographics, despite arguments from political scientists who want the data for research. "Advertisers consider their ad creatives and their ad...

  • News outlets report American Airlines flight 730 was able to return safely about 11:45 p.m. Wednesday to Charlotte Douglas International Airport. A statement from American Airlines says the flight departed at 7 p.m. Wednesday from Charlotte bound for Heathrow Airport in London. American Airlines spokesman Ken Powell says 258 passengers and 16 crew...

  • *Considering Wisconsin, Ohio, Michigan, Pennsylvania, others. TAIPEI, June 22- Foxconn, the world's largest contract electronics maker and a major Apple Inc supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month. Foxconn, formally known as Hon Hai Precision Industry Co,...

  • June 21- Clinical researcher and pharmaceutical market data specialist Quintiles IMS Holdings Inc is exploring a sale of its contract sales business that could value it at as much as $1 billion, according to people familiar with the matter. The sale process comes as Quintiles IMS seeks to prune some of its non-core businesses in the wake of the $17.6 billion...

  • *Shares dragged lower by financial, energy sectors. *U.S. crude prices hit 10- month lows. NEW YORK, June 21- Declines in financial and energy shares sent U.S. and European equity markets lower on Wednesday, weighed down in part by U.S. crude prices at 10- month lows, while the U.S.

  • RALEIGH, N.C. _ Red Hat Inc. on Tuesday reported fiscal first-quarter net income of $73.2 million. Ten analysts surveyed by Zacks expected $646.7 million. For the current quarter ending in September, Red Hat expects its per-share earnings to be 67 cents.

  • WINSTON-SALEM, N.C.— A textile company in Turkey plans to reopen an old textile plant in North Carolina, creating as many as 260 jobs over three years. Roy Cooper's office said Monday that HPFabrics Inc. has agreed to set up an operation in Winston-Salem. HPFabrics president Rafet Tukek told Winston-Salem development officials the company would spend nearly $4...

  • WASHINGTON, June 19- The U.S. Commerce Department said on Monday it had reached a preliminary determination that some Chinese companies are dumping hardwood plywoods in the United States, which imported an estimated $1.12 billion worth of the products from China in 2016.. A Commerce Department investigation found that exporters from China had sold hardwood...

  • *Ruling could affect case about NFL's Washington Redskins. WASHINGTON, June 19- In a decision that could benefit the NFL's Washington Redskins, the U.S. Supreme Court on Monday threw out a federal prohibition on disparaging trademarks as a constitutional violation in a major free speech ruling involving a band called The Slants. The National Football League...

  • The Supreme Court agreed to decide whether electoral maps drawn deliberately to favor a particular political party are acceptable under the Constitution in a case that could have huge consequences for American elections in the future.

  • WASHINGTON— The Supreme Court struck down a North Carolina law Monday that bars convicted sex offenders from Facebook, Twitter and other popular sites. The justices ruled unanimously in favor of North Carolina resident Lester Packingham Jr. His Facebook boast about beating a traffic ticket led to his conviction for violating a 2008 law aimed at keeping sex...

  • Instead, the box office dud has unintentionally played a role in giving new life to efforts to rid Massachusetts of its film industry subsidies. The state Senate has proposed a budget paring back what's considered among the most generous of the 36 states currently offering tax incentives to film companies. David Hartman, head of the Massachusetts Production...