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Top News & Analysis North Carolina

  • NORTH CHARLESTON, S.C.— Nearly 3,000 production workers at Boeing's South Carolina plant have voted not to join the Machinists, maintaining southern reluctance toward unionization. If successful, the balloting on whether employees should join the International Association of Machinists and Aerospace Workers would have sent a significant message to...

  • The Greensboro, North Carolina- based real estate investment trust said it had funds from operations of $60.9 million, or 61 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 61 cents per share. Four analysts surveyed by Zacks expected $119.9 million.

  • It is unclear what Berkshire paid for its Apple shares, but so far in 2017 their value has increased by $1.1 billion, and legendary investor Buffett's increased interest in Apple could boost already positive sentiment on Wall Street. Many on Wall Street also believe that strong sales of the iPhone 6 S two years ago have left a larger-than-normal base of...

  • A woman is rescued due to sever weather in Houston, Texas.

    Here are some of the key stories CNBC is following this hour.

  • *Yellen says Fed to raise interest rates at an upcoming meeting. *Dollar, Treasury yields, bank stocks gain. Feb 14- Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates.

  • The stock was up 1.2 percent at $134.91 in afternoon trade, beating its previous intraday high of $134.54 set on April 28, 2015. Many on Wall Street also believe that strong sales of the iPhone 6 S two years ago have left a larger-than-normal base of customers ready to upgrade. "Were holding it, we look for opportunities to buy," said Jeff Carbone, co-founder of...

  • *Yellen says Fed to raise interest rates at an upcoming meeting. Feb 14- Major U.S. stock indexes hit record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates. Apple rose as much as 1.25 percent to an all-time high of $134.95, contributing to gains in the S&P 500, Dow Jones...

  • DALLAS— Support from labor unions was critical when Doug Parker's US Airways forced a merger with American, but now the CEO of the world's biggest airline is under fire from unions unhappy about pay that lags rates at rival Delta. The unions are complaining about lower pay and profit sharing than counterparts at Delta Air Lines. American says it has increased...

  • NEW YORK, Feb 14- Federal Reserve Chair Janet Yellen, in response to a warning from a U.S. congressman to halt global regulatory talks in the early stages of Donald Trump's presidency, said in a letter the Fed has the authority and responsibility to consult with its foreign counterparts and does so to benefit the United States. "We will continue to coordinate with...

  • RALEIGH, N.C. _ Martin Marietta Materials Inc. on Tuesday reported fourth-quarter profit of $98.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share. Four analysts surveyed by Zacks expected $887.6 million.

  • DURHAM, N.C. _ Quintiles Transitional Holdings Inc. on Tuesday reported a fourth-quarter loss of $178 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Eight analysts surveyed by Zacks expected $1.97 billion.

  • CHARLOTTE, N.C.— The founder of ZeekRewards has been sentenced to nearly 15 years behind bars for his lead role in an $850 million online Ponzi scheme that bilked nearly a million people in the U.S. and abroad. Paul Burks, 70, was given three concurrent prison sentences of 14 years and eight months Monday after being convicted in July on four felony fraud charges,...

  • WASHINGTON— There was President Donald Trump, in the middle of his Mar-a-Lago resort, conferring with Japanese Prime Minister Shinzo Abe on decisions with national security implications over iceberg wedge salads. It was fascinating to watch the flurry of activity at dinner when the news came that North Korea had launched a missile in the direction of Japan, "...

  • LOS ANGELES— Advocacy groups and the White House say that people suspected of living in the United States illegally are being rounded up in large numbers as part of stepped-up enforcement under President Donald Trump. Advocates cited what they call heavy-handed raids in Atlanta, Chicago, New York, Texas and North Carolina and elsewhere. Yet officials from...

  • CHARLOTTE, N.C. _ Snyder's-Lance Inc. on Monday reported a fourth-quarter loss of $8.7 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Five analysts surveyed by Zacks expected $633.6 million.

  • As Facebook works with The Associated Press, FactCheck.org and other organizations to curb the spread of fake and misleading news on its influential network, teachers say classroom instruction can play a role in deflating the kind of "Pope endorses Trump" headlines that muddied the waters during the 2016 presidential campaign. "I think only education can...

  • By comparison, Japan and Germany get off easy. The U.S. trade gap with Mexico, though, is smaller than the ones with Japan and Germany. Why does Mexico bear the brunt of Trump's wrath, while Germany and Japan usually get a pass?

  • Consumer sentiment falls in early February. WASHINGTON, Feb 10- U.S. consumer sentiment eased off a 13- year high in early February likely as some of the jubilation over Donald Trump's election victory ebbed, but it remained strong enough to suggest that consumers will continue to drive the economy. The University of Michigan on Friday said its consumer...

  • RICHMOND, Va.— Goodyear will pay $1.75 million to settle workplace health and safety violations at its Danville, Virginia, tire plant where four workers died on the job over the course of a year, officials announced Friday. Goodyear, the United Steelworkers and the state Department of Labor and Industry reached a settlement agreement calling for the penalty and...

  • No one likes to pay tolls, some more so than others. And toll-collection agencies across the country are fed up.