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Top News & Analysis North Carolina

  • WASHINGTON/ NEW YORK, June 5- A federal judge in Illinois ordered Dish Network Corp to pay $280 million in penalties to the U.S. government and four states in an eight-year-old "robocall" telemarketing lawsuit. District Judge Sue Myerscough required Dish to pay $168 million to the U.S. government and $112 million to North Carolina, California, Ohio and Illinois...

  • WASHINGTON, June 5- U.S. services sector activity slowed in May as new orders tumbled, but a jump in employment to a near two-year high pointed to sustained labor market strength despite a deceleration in job growth last month. "The economy is neither accelerating nor slowing, but the labor market is looking up," said Joel Naroff, chief economist at Naroff Economic...

  • An increasing number of older Americans prefer to have a mortgage on their home.

    Paying off the house used to be a cause for celebration, but many retirees no longer see it that way.

  • *OPEC discussed deepening output cut by 1-1.5 pct- sources. NEW YORK, June 1- Oil prices rose about 1 percent on Thursday after a larger-than-expected draw in U.S. inventories, providing some relief amid investor scepticism that OPEC- led cuts will be enough to rebalance an oversupplied market. On Wednesday, a Reuters survey found output from the Organization of...

  • *OPEC discussed deepening output cut by 1-1.5 pct- sources. NEW YORK, June 1- Oil prices rose about percent on Thursday after a larger-than-expected draw in U.S. inventories, providing some relief amid investor scepticism that OPEC- led cuts will be enough to rebalance an oversupplied market. On Wednesday, a Reuters survey found output from the Organization of the...

  • June 1- U.S. crude stocks fell sharply last week, driven by a surge in refining and exports to record highs, while gasoline inventories also dropped sharply ahead of the start of the summer driving season, the Energy Information Administration said on Thursday. U.S. crude stockpiles have been steadily declining for eight straight weeks, suggesting that the...

  • WASHINGTON, May 31- Contracts to buy previously owned U.S. homes fell for a second straight month in April amid a supply squeeze, but the housing market recovery remains supported by a strong labor market. The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, dropped 1.3 percent to 109.8.

  • NEW YORK, May 30- New York on Tuesday became the third and largest major U.S. city to guarantee a measure of scheduling smoothness to fast food workers, whose lives are often disrupted by last-minute changes based on their employers' manpower needs. San Francisco and Seattle have already enacted similar laws. The New York State Restaurant Association said the...

  • NEW YORK, May 30- New York on Tuesday became the third and largest major U.S. city to guarantee a measure of scheduling smoothness to fast food workers, whose lives are often disrupted by last-minute changes based on their employers' manpower needs. San Francisco and Seattle have already enacted similar laws. The New York State Restaurant Association said the...

  • A medical doctor examines a patient with a stethoscope at a CCI Health and Wellness Services health center in Gaithersburg, Maryland.

    CNBC’s Bertha Coombs talks to Brad Wilson, Blue Cross & Blue Shield of North Carolina CEO, about how the cost of health care could be going up for residents of North Carolina.

  • NEW YORK, May 26- "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of U.S. mutual funds doing exactly that this year. American fund investors have yanked more than $17 billion from U.S. stocks so far this month, data from fund tracker Lipper shows, with some $10.1 billion in withdrawals in the latest week alone, the second...

  • President Donald Trump greets Blue Cross and Blue Shield of North Carolina CEO Brad Wilson during his meeting with health insurance company executives in the Roosevelt Room of the White House in Washington, Monday, Feb. 27, 2017.

    Blue Cross and Blue Shield NC says it would have asked for just an 8.8 percent increase, and not almost 24 percent.

  • WASHINGTON, May 23- New U.S. single-family home sales tumbled from near a 9-1/ 2- year high in April, but the housing recovery likely remains intact amid a tightening labor market. The Commerce Department said on Tuesday new home sales declined 11.4 percent to a seasonally adjusted annual rate of 569,00 units last month, with sales in the West region plunging to...

  • "This is the right time for us to enter the United States," Brendan Proctor, chief executive officer for Lidl U.S., told Reuters at a media event in New York late on Tuesday. Lidl, which runs 10,000 stores in 27 countries, and German rival Aldi Inc have already upended Britain's grocery retail market, hurting incumbents like Tesco Plc and Wal-Mart Stores Inc's ASDA...

  • CNBC Disruptors Phononic

    Phononic has developed an energy-saving alternative to the heat guzzling compressors that power traditional refrigerators.

  • Cincinnati is cutting social services to keep up with payments on $1 billion in bonds for a sports stadium, Vocativ reports.

  • SCOTUS refuses to hear North Carolina's appeal

    NBC News reports that the U.S. Supreme court has refused to hear the state's appeal of a ruling that found its legislation intended to discriminate against minorities.

  • WASHINGTON/ SAN FRANCISCO, May 15- President Donald Trump said he would seek to keep his tough immigration enforcement policies from harming the U.S. farm industry and its largely immigrant workforce, according to farmers and officials who met with him. At a roundtable on farm labor at the White House last month, Trump said he did not want to create labor problems...

  • 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...

  • 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...