NORTH CHARLESTON, S.C.-- South Carolina State Ports Authority chief Jim Newsome said Thursday that while ports in the Southeast are racing to deepen their channels, Charleston has a competitive advantage in attracting shipping lines in the years before those projects can be completed.
ST. PETERSBURG, Fla.-- Drivers listening to adult contemporary radio along Interstate 4 in central Florida are hearing ads like this: " President Obama raised taxes on Florida's small businesses, and his defense cuts will weaken our military and put thousands more Florida families out of work.
NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 22 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.
NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 21 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.
The stronger pace of expansion, however, is still expected to fall short of what is needed to make much of a dent in unemployment, and will offer little cheer for the White House ahead of the closely contested Nov. 6 presidential election.
PARIS, Oct 25- France's prosecutor has asked an investigating judge to question jailed swindler Bernard Madoff and Swiss bank UBS as part of a probe of investor losses from Madoff's multibillion-dollar Ponzi scheme, a judicial source told Reuters.
*Landfall anywhere from mid-Atlantic to Canada. Oct 25- As Hurricane Sandy makes its way toward the eastern seaboard of the United States, disaster experts and meteorologists warn that the mid-Atlantic and Northeastern states face dangerous winds and heavy rains that could trigger flooding in the coming days.
AUSTIN, Texas-- American Campus Communities Inc. said Thursday that it will buy 19 student housing properties across the country from Kanye Anderson Capital Advisors LP in a deal worth roughly $862.8 million. American Campus Communities, based in Austin, Texas, is a real estate investment trust with a portfolio of 169 properties across the country.
NEW YORK-- A growth in early voting and tough economy for the media are forcing changes to the exit poll system that television networks and The Associated Press depend upon to deliver the story on Election Night, all with the pressure-filled backdrop of a tight presidential race.
LONDON, Oct 25- An Iranian partner of Huawei Technologies Co Ltd, a Chinese company that has denied breaking U.S. sanctions, last year tried to sell embargoed American antenna equipment to an Iranian firm, according to documents and interviews.
*US says bank sold toxic loans to Fannie Mae, Freddie Mac. NEW YORK, Oct 24- The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac.
*US says bank sold toxic loans to Fannie Mae, Freddie Mac. Oct 24- The United States filed a civil mortgage fraud lawsuit against Bank of America Corp, accusing it of selling thousands of toxic home loans to Fannie Mae and Freddie Mac that went into default and caused more than $1 billion of losses.
WINSTON-SALEM, N.C.-- Shares of clothing maker Hanesbrands Inc. fell Wednesday as investors digested a conservative profit outlook that was below what analysts had expected. During a conference call with investors late Tuesday, Rich Noll CEO said that Penney was a "big drag" on sales, particularly in bras and other underwear.
NEW YORK-- Shares of RF Micro Devices jumped 13 percent in premarket trading Wednesday, a day after the chipmaker issued better-than-expected results and guidance. Mike Burton of Brean Capital raised his price target on the stock by 50 cents to $6 and raised his estimates as well.
WINSTON-SALEM, N.C.-- Clothing maker Hanesbrands Inc. said Tuesday its third-quarter net income rose 21 percent as the company cut costs and sales of its Hanes and Champion underwear were strong. Hanesbrands and other clothing makers have been facing historically high cotton prices, but those pressures are receding.
RALEIGH, N.C.-- Two weeks ahead of an election deciding whether he keeps his job, North Carolina's insurance commissioner told companies on Tuesday they'll have to prove they should be allowed to increase homeowner's premiums by a statewide average of 17.7 percent.
NEW YORK-- In a story Oct. 17 about small business owners who are government contractors, The Associated Press reported erroneously that Amber Peebles, co-owner of a construction company, was wounded during Operation Desert Storm in 1991. Peebles, a Marine at the time, was injured in a service-related accident in the U.S. on May 13, 1991.
CHARLOTTE, N.C.-- Auto dealer Sonic Automotive Inc. said Tuesday that third-quarter income fell 48 percent, dragged down by the cost of buying back company debt. Net income was $10 million, or 18 cents per share, for the three months ended Sept. 30. Shares of the Charlotte- based company fell 11 cents to $18.06 in morning trading.
Attorneys met in Franklin County Circuit Court to discuss the status of the case, which began in 2010 when environmentalists pointed out questionable water quality monitoring practices by Frasure Creek and another coal company, International Coal Group.
RICHMOND, Va.-- Reynolds American Inc.' s third-quarter profit grew nearly 7 percent as higher prices and smokeless tobacco gains helped offset a decline in the number of cigarettes it sold.