Top News & Analysis North Carolina

  • Oct 12- Wells Fargo& Co on Friday reported higher third-quarter profits on a surge in mortgage lending. The fourth biggest U.S. bank said net income was $4.9 billion, or 88 cents a share, in the quarter, up from $4.1 billion, or 72 cents a share, in the same period a year earlier. Wells is the largest U.S. mortgage lender.

  • Oct 12- Low interest rates both hurt and helped third-quarter earnings at Wells Fargo& Co, boosting mortgage lending but squeezing core profitability more than analysts expected.

  • *JPMorgan has lower' London whale' losses than in 1st half. Oct 12- Two of the nation's biggest banks, Wells Fargo& Co and J.P. Morgan Chase& Co, made record profits over the last three months from a sharp rise in mortgage lending, though performance stumbles elsewhere hurt J.P. Morgan more than Wells Fargo.

  • Fox Sports Media Group, which owns Speed, confirmed Friday that the partnership will end after this season. "It's disappointing to learn that F1 has elected to move forward with a different media partner," Fox Sports Media Group said in a statement to The Associated Press.

  • *Minnesota woman sues pharmacy in federal court. WASHINGTON/ BOSTON, Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal investigation, as the national death toll climbed to 14..

  • By David Morgan and Tim McLaughlin. WASHINGTON/ BOSTON Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal probe, as the national death toll climbed to 14..

  • WASHINGTON, Oct 11- As many as 14,000 people- more than previously thought- received possibly tainted steroid injections tied to a deadly U.S. meningitis outbreak and patients should watch for symptoms for several months, health officials said on Thursday.

  • WASHINGTON, Oct 11- U.S. health authorities said on Thursday that more people than previously thought received possibly tainted steroid injections and that some 14,000 patients could be at risk of contracting meningitis in an unprecedented outbreak of the disease.

  • When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.

  • DANVILLE, Ky.-- Democrat Joe Biden and Republican Paul Ryan pull up a couple of chairs for a vice presidential debate that has mushroomed in importance since Mitt Romney's strong showing in the first presidential faceoff.

  • *Some nuclear experts worry about proliferation risks* They say laser enrichment plants smaller, harder to detect* Iran says it "possesses" laser know-how but won't use it By Fredrik Dahl.

  • Mississippi: Down 3,393, no reason given. Michigan: Down 2,639, no reason given. Florida: Down 1,972, due to fewer layoffs in agriculture, construction, and wholesale trade.

  • *Europe still biggest drag on world growth. LONDON, Oct 11- Next year offers only a slight improvement for a global economy hit by recession in Europe and slowing or moribund growth in Asia and the United States, according to Reuters polls of hundreds economists worldwide.

  • *Lawmakers seek tighter regulation of compounding companies* Outbreak has sickened 138 people in 11 states, killed 12* Senator Brown to return contributions from NECC owners By Tim McLaughlin and Toni Clarke.

  • By Tim McLaughlin and Toni Clarke. BOSTON, Oct 10- A Massachusetts specialist pharmacy linked to a company at the center of a major health scare closed temporarily on Wednesday and a state regulator clamped down on such operations in the wake of a meningitis outbreak that has claimed a dozen lives.

  • SEOUL, Oct 11- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. TOP STORIES> Toyota recalls 7.4 mln vehicles over window switch. *The S&P 500 fell for a fourth day on Wednesday, weighed down by disappointing news from Chevron and Alcoa as the latest earnings season got under way.

  • WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • NEW YORK-- If you are trying to figure out if small businesses are hiring, it depends on where you look. Just last Friday when the government was raising suspicious eyebrows with its report of a sudden drop in the unemployment rate so close to a presidential election, Andy Asbury was hiring a full-time employee to work at his Minneapolis real estate brokerage.

  • NASHVILLE, Tenn., Oct 10- Pressure mounted for greater regulation of a little known corner of the pharmaceuticals industry in response to a meningitis scare that widened to 11 states on Wednesday with the first case confirmed in Idaho.

  • WASHINGTON-- Thousands of motorists may be driving cars and trucks installed with dangerous counterfeit bags and they should have them replaced at their own expense, the Obama administration warned Wednesday.