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Top News & Analysis North Carolina

  • 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, "...

  • 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...

  • The attorneys general of Pennsylvania, North Carolina and Iowa- key states for Trump in his presidential election victory- say they signed on to the legal action seeking to overturn the travel restrictions because of the potential impact of the presidential order on their states. "When someone says to me you're doing this in a state that Trump won," Pennsylvania...

  • The attorneys general of Pennsylvania, North Carolina and Iowa- key states for Trump in his presidential election victory- say they signed on to the legal action seeking to overturn the travel restrictions because of the potential impact of the presidential order on their states. "When someone says to me you're doing this in a state that Trump won," Pennsylvania...

  • *Nonfarm payrolls forecast rising 175,000 in January. WASHINGTON, Feb 3- U.S. job growth likely accelerated in January, with wages expected to have increased steadily, suggesting a strong start for the Trump administration as it seeks to boost the economy and employment. President Donald Trump vowed during last year's election campaign to deliver 4 percent...

  • In an undated handout photo, Duke Buchan III, the financier and early supporter of Donald Trump's presidential candidacy.

    Duke Buchan III, a donor to Trump during his campaign, is now hoping for an ambassadorship, The New York Times reports.

  • R. Chandrashekhar, head of Indian IT industry body Nasscom, said details of the visit were still being finalized, but chief executives from some of India's big IT companies would be part of a delegation visiting Washington in the week of Feb. 20. India's software services industry is concerned about a bill introduced in the U.S. Congress seeking to double the...

  • *Manufacturing activity jumps in January. *New orders, employment measures increase. WASHINGTON, Feb 1- U.S. factory activity accelerated to more than a two-year high in January amid sustained gains in new orders and raw material costs, pointing to a recovery in manufacturing as domestic demand strengthens and the drag from low oil prices ebbs.

  • *Manufacturing activity jumps in January. *New orders, employment measures increase. WASHINGTON, Feb 1- U.S. factory activity accelerated to more than a two-year high in January amid sustained gains in new orders and raw material costs, pointing to a recovery in manufacturing as domestic demand strengthens and the drag from low oil prices ebbs.

  • The Wichita, Kansas- based company said it expects full-year earnings of $4.60- $4.85 per share and revenue of $6.8 billion- $6.9 billion. Spirit Aero's net income fell to $108.2 million, or 89 cents per share, in the fourth quarter ended Dec. 31, from $138.3 million, or $1.01 per share, a year earlier. Operations in Kinston, North Carolina were impacted by Hurricane...

  • The company got complaints from eight consumers in Indiana, Texas, North Carolina, Tennessee, Wisconsin and Ohio, who found some sharp metal objects in certain cans. The recall involved certain products under brands Cope, Copenhagen, Husky Brands and Skoal, which were made in the company's Franklin Park, Illinois, facility. The company said it notified the U.S. Food...

  • WASHINGTON, Jan 27- U.S. economic growth likely slowed in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but a healthy increase in consumer spending and rising business investment should underscore the economy's underlying momentum. The government will publish its first estimate of fourth-quarter GDP on Friday at 8:30 a.m..

  • NEW YORK, Jan 26- U.S. Treasury yields fell on Thursday with benchmark yields retreating from a four-week high, after strong investor demand at a $28 billion auction of seven-year notes, part of this week's $88 billion coupon-bearing government debt supply. Pressprich& Co in New York.

  • Treasury to sell $28 bln 7- year notes at 1 p.m.. NEW YORK, Jan 26- U.S. Political risks have pushed yields up and down, "said Boris Rjavinski, senior rate strategist at Wells Fargo Securities in Charlotte, North Carolina.

  • NEW YORK, Jan 20- The dollar edged down on Friday as investors were underwhelmed by the limited scope of executive actions and the lack of concrete policy reforms in the inauguration speech of newly sworn-in U.S. "To the extent you could read into that, you might think markets were expecting something more optimistic and they heard a little bit of pessimism, a...

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices edged higher on Thursday, but swelling U.S. crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far too soon"...