×

Top News & Analysis North Carolina

  • LONDON— A global "ransomware" cyberattack, unprecedented in scale, had technicians scrambling to restore Britain's crippled hospital network Saturday and secure the computers that run factories, banks, government agencies and transport systems in many other nations. The worldwide effort to extort cash from computer users is so unprecedented that...

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...

  • SEATTLE— Idaho asked a federal appeals court Friday to reinstate its ban on spying at farms, dairies and slaughterhouses after a lower court judge sided with animal rights activists who said the ban violated free speech rights. Idaho lawmakers in 2014 made it a criminal offense to enter agricultural facilities by misrepresentation to gain access to records...

  • MORRISVILLE, N.C. _ Novan Inc. on Friday reported a loss of $11.6 million in its first quarter. On a per-share basis, the Morrisville, North Carolina- based company said it had a loss of 73 cents. Novan shares have fallen 81 percent since the beginning of the year.

  • May 11- U.S. stocks fell on Thursday after worse-than-expected sales drops at Macy's and Kohl's sparked a selloff in shares of department stores and stirred fears that consumers are not spending enough to drive strong economic growth. Kohl's dropped 7.86 percent after it reported a drop in quarterly sales, while shares of Nordstrom and J.C.

  • May 11- U.S. stocks fell on Thursday after worse-than-expected sales drops at Macy's and Kohl's sparked a selloff in shares of department stores and stirred fears that consumers are not spending enough to drive strong economic growth. Kohl's dropped 6.2 percent after it reported a drop in quarterly sales, while shares of Nordstrom and J.C.

  • An employee drives a Tesla Model S electric automobile, equipped with Autopilot hardware and software, hands-free on a highway.

    In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers.

  • Financials were off 0.87 percent as losses in Wells Fargo and Bank of America weighed. "Any market pullback, if orderly, are healthy as long as the underlying fundamentals for the market are strong," said Matthew Peterson, chief wealth strategist at LPL Financial in Charlotte, North Carolina. Strong corporate earnings, robust economic data and expectations of...

  • DETROIT— In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. Humans routinely exceed it by 10 to 15 mph— just try entering the New Jersey Turnpike at normal speed. In Los Angeles and other places, for instance, there's the "California Stop," where drivers roll through stop signs if no traffic is...

  • *Chinese investment in Israel jumps more than tenfold in 2016. HONG KONG/ TEL AVIV, May 11- Struggling to seal deals in the United States as regulatory scrutiny tightens, Chinese companies looking to invest in promising technology are finding a warmer welcome for their cash in Israel. Last year, Chinese investment into Israel jumped more than tenfold to a record...

  • MORRISVILLE, N.C. _ TransEnterix Inc. on Wednesday reported a loss of $15.4 million in its first quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share. Three analysts surveyed by Zacks expected $1.7 million.

  • *Wall Street mixed after Trump fires FBI director. NEW YORK, May 10- Oil prices rebounded on Wednesday after the largest one-week drop in U.S. crude inventories this year, helping fuel a modest rise on Wall Street, while European stocks closed near their highest in nearly two years. Oil prices rose after Iraq and Algeria joined Saudi Arabia in supporting an...

  • *Wall Street opens lower after news of FBI director firing. NEW YORK, May 10- Oil prices rebounded on Wednesday after a steeper-than-expected drop in U.S. crude inventories, helping limit equity losses on Wall Street, while European stocks held near their highest in nearly two years. In the United States, disappointing results from Dow component Walt Disney and...

  • NEW YORK— Fresh face or long face? "Interns are hoping to take the knowledge and skills they learned in their coursework and see it come to life," says Sarah Curry, internship coordinator at Marquette University's Klingler College of Arts and Sciences. "We want to give interns meaningful activities," says Casey DeSain, digital marketing coordinator at GMR...

  • MORRISVILLE, N.C.— Credit Suisse has long planned to shift jobs to North Carolina as it downsizes, but the Swiss bank says it had to put those plans on hold until the legislature partially repealed the state's law limiting the rights of gay and transgender people. The bank announced a major expansion in the state Tuesday, promising 1,200 jobs with an average salary...

  • May 8- A federal jury on Monday cleared a Florida bank and its former chief executive of U.S. Securities and Exchange Commission charges that they downplayed real estate lending risks prior to the global financial crisis. Jurors in Miami found BBX Capital Corp, a Florida company once known as BankAtlantic Bancorp, and former Chief Executive Alan Levan not...

  • House Republican leaders have expressed confidence the bill will pass and several party moderates who had previously objected got behind it on Wednesday, giving it new momentum even though the legislation is expected to face tough opposition in the Senate. But even if it passes, the measure faces daunting odds in the Senate, where Republicans hold a narrower...

  • WASHINGTON, May 4- The U.S. House of Representatives was set on Thursday for a cliffhanger vote to repeal Obamacare, as Republican leaders worked to deliver President Donald Trump a win for one of his top legislative priorities. "We're optimistic that we'll pass it out of the House today," Representative Mark Meadows of North Carolina, chairman of the conservative...

  • MEXICO CITY/ OTTAWA, May 4- From launching a data-mining drive aiming to find supply-chain pressure points to sending officials to mobilize allies in key U.S. states, Mexico and Canada are bolstering their defenses of a regional trade pact President Donald Trump vows to rewrite. Mexico, for example, has picked out the governors of Texas, Arizona and Indiana as...

  • WASHINGTON, May 2- Time was running short for President Donald Trump to attract enough votes to pass a new bill to overhaul the U.S. healthcare system this week as Republican party moderates held out, fearing a backlash from voters worried about losing insurance benefits. Representative Mark Meadows of North Carolina, who heads the conservative House Freedom...