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Top News & Analysis North Carolina

  • McCain Foods USA's recall notice said the golf balls apparently were "inadvertently harvested" along with the potatoes and chopped up. The company is recalling 2- pound bags of Harris Teeter Brand Frozen Southern Style Hash Browns in North Carolina, South Carolina, Virginia, District of Columbia, Delaware, Florida, Georgia and Maryland. It is also recalling...

  • CHICAGO, April 21- A fungus that causes vomitoxin has been found in some U.S. corn harvested last year, forcing poultry and pork farmers to test their grain, and giving headaches to grain growers already wrestling with massive supplies and low prices. A vessel carrying a shipment of corn from Paraguay is due next month at a North Carolina port used by Smithfield...

  • NEW YORK, April 21- U.S. stocks have struggled since the timeline for the Trump administration's pro-growth agenda came into question, but investors appear confident that next week's deadline that could shut down the federal government will not become another market hurdle. Funding for a proposed border wall with Mexico or stripping federal resources from...

  • NEW YORK, April 21- U.S. stocks have struggled since the timeline for the Trump administration's pro-growth agenda came into question, but investors appear confident that next week's deadline that could shut down the federal government will not become another market hurdle. Funding for a proposed border wall with Mexico or stripping federal resources from...

  • CHARLOTTE, N.C. _ Capital Bank Financial Corp. on Friday reported first-quarter profit of $20.9 million. Capital Bank shares have risen slightly more than 9 percent since the beginning of the year. Keywords: Capital Bank, Earnings Report.

  • WASHINGTON— Eager for a victory, the White House is expressing confidence that a breakthrough on the mired Republican health care bill could emerge in the House next week. The White House optimism is driven largely by a deal brokered by leaders of the conservative Freedom Caucus and the moderate Tuesday Group aimed at giving states more flexibility to pull out...

  • WASHINGTON, April 20- For the second time since 2013, the U.S. Consumer Financial Protection Bureau on Thursday sued Ocwen Financial Corp over accusations of widespread misconduct in how it serviced borrowers' loans, from foreclosure abuses to a basic failure to send accurate monthly statements. News of the CFPB accusations plus related legal actions...

  • FRANKLIN, N.C. _ Entegra Financial Corp. on Thursday reported first-quarter profit of $1.7 million. The Franklin, North Carolina- based bank said it had earnings of 27 cents per share. The holding company for Macon Bank posted revenue of $13.1 million in the period.

  • WASHINGTON— Eager for a victory, the White House expressed confidence Thursday that a breakthrough on the mired Republican health care bill could be achieved in the House next week. The White House optimism is driven largely by a deal brokered by leaders of the conservative Freedom Caucus and the moderate Tuesday Group aimed at giving states more flexibility...

  • WASHINGTON, April 20- For the second time since 2013, the U.S. Consumer Financial Protection Bureau on Thursday sued Ocwen Financial Corp over accusations of widespread misconduct in how it serviced borrowers' loans, from foreclosure abuses to a basic failure to send accurate monthly statements. North Carolina was among at least 20 states that also took...

  • The Winston-Salem Journal reports that the lawsuit centers on a patent acquired by Hanesbrands. Hanesbrands is alleging in federal court that Jacques Moret Inc., which sells bras under a Jockey International license, is making and selling bras based on the Hanesbrands patent and product styles without its permission. Hanesbrands also accuses Jacques...

  • WASHINGTON, April 20- Bank of England Governor Mark Carney told bankers on Thursday that financial regulations devised after the 2008-09 crisis cannot be set in stone, and must be flexible enough to deal with unintended consequences and unexpected gaps. Drawing on language first used in a speech at the London office of Thomson Reuters earlier this month,...

  • A selfie reveals more than whether it's a good hair day. Facial lines and contours, droops and dark spots could indicate how well you're aging, and, when paired with other data, could someday help determine whether you qualify for life insurance. "Your face is something you wear all your life, and it tells a very unique story about you," says Karl Ricanek Jr., co-founder...

  • CHARLOTTE, N.C. _ Nucor Corp. on Thursday reported first-quarter profit of $356.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. Nucor shares have dropped 3 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 4 percent.

  • MOUNT AIRY, N.C. _ Insteel Industries Inc. on Thursday reported fiscal second-quarter profit of $7.4 million. Insteel Industries shares have risen slightly since the beginning of the year. Keywords: Insteel Industries, Earnings Report.

  • WINSTON-SALEM, N.C. _ BB&T Corp. on Thursday reported first-quarter earnings of $421 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. BB&T shares have declined slightly more than 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than...

  • April 19- Verily, Alphabet Inc's life sciences business, said it was launching a four-year study with about 10,000 participants to understand how people transition from being healthy to becoming sick, and to identify additional risk factors for diseases. Verily is partnering with Duke University and Stanford Medicine in the United States to enroll...

  • CARY, N.C.— North Carolina's decision to partially repeal a law limiting protections for LGBT residents was important but not decisive for a technology company to move from California's Silicon Valley, the company's CEO said Tuesday. The decision two weeks ago to take the North Carolina "bathroom bill," called House Bill 2, off the books was an important step to...

  • The second-largest U.S. bank said net income attributable to shareholders rose to $4.35 billion in the three months ended March 31 from $3.02 billion a year earlier. Earnings per share rose to 41 cents per share from 28 per share. The Charlotte, North Carolina- based bank's shares were up about 1 percent at $23.05 in premarket trading.

  • NEW YORK— Bank of America's first quarter profits grew nearly 40 percent, the bank said Tuesday, helped by higher interest rates as well as a strong performance in its investment banking division. On a per-share basis, Bank of America earned 41 cents per share, beating the 35 cents that analysts were looking for. Like its major competitors, JPMorgan Chase, Citigroup...