×

Top News & Analysis Charlotte

  • DALLAS— American Airlines says it has "stabilized" a computer system that failed at one of its affiliate carriers, causing the cancellation of 2,500 flights over the past week. The failure occurred in computers used to schedule crews for PSA Airlines, which is owned by American and operates many American Eagle regional flights. "It's a hardware issue that was...

  • *Oil reverses course: investors eye OPEC, trade worries. NEW YORK, June 18- Global stocks were lower on Monday as investors eyed an escalating trade dispute between the United States and China while oil prices rose on bets that an OPEC production increase would be smaller than expected. "The biggest thing hanging over markets is trade and the back and forth between...

  • *Intel and other chipmakers decline on China tariffs. Boeing, which has acted as a proxy for trade war tensions with China as it is the single largest U.S. exporter to the country, fell 0.8 percent as the biggest drag on the Dow. Chipmakers, which rely on China for a large portion of their revenue, also lost ground.

  • *Intel and other chipmakers decline on China tariffs. Boeing, which has acted as a proxy for trade war tensions with China as it is the single largest U.S. exporter to the country, fell 0.8 percent as the biggest drag on the Dow. Chipmakers, which rely on China for a large portion of their revenue, also lost ground.

  • A worker packs customer orders at the Amazon fulfillment center in Romeoville, Illinois.

    Our love affair with online shopping is plain to see. Recycling bins overflow with boxes from Amazon, eBay, Walmart and others.

  • June 7- President Donald Trumps tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with thousands of jobs, the developers told Reuters. That's more than double the about $1 billion in new spending plans announced by firms building or expanding...

  • June 7- President Donald Trumps tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with thousands of jobs, the developers told Reuters. That's more than double the about $1 billion in new spending plans announced by firms building or expanding...

  • But a protectionist trade policy being pursued by President Donald Trump, which has seen the United States slapping tariffs on imports from a host of countries including China, Mexico and Canada, as well as those in the European Union, poses a threat to the otherwise rosy economic outlook. "One is hard-pressed as to not concur that the U.S. economy not only remains...

  • WASHINGTON, June 1- U.S. job growth accelerated in May and the unemployment rate dropped to an 18- year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation. The closely watched employment report released by the Labor Department on Friday also showed wages rising solidly, cementing expectations...

  • NEW YORK/ LONDON, May 31- Global oil markets have been roiled by a surprising divergence between the world's major benchmarks, Brent crude and its U.S. counterpart, which in recent days have traded at odds with one another, wrongfooting investors betting on the exact opposite. Traders worldwide have been struggling to make sense of where oil prices are headed,...

  • *Italy renews attempt to form a government. May 30- U.S. stocks rose on Wednesday, with a surge in energy stocks helping Wall Street recover from a steep selloff in the previous session that was driven by political turmoil in Italy. Hopes that Italy might avoid a potentially damaging general election set the markets off to a strong start on Wednesday.

  • The Brightline train is seen at the new MiamiCentral terminal during the inaugural trip from Miami to West Palm Beach on May 11, 2018 in Miami, Florida.

    Brightline, the only privately owned and operated passenger rail in the U.S., opens a new leg of travel between Miami and West Palm Beach, Florida.

  • NEW YORK, May 17- "Sell in May and go away," arguably the most well-worn axiom on Wall Street, has proven to be shrewd advice during previous midterm election years. Though the exact origins of the phrase are a bit murky, up until recently, stocks had underperformed in the six-month period starting in May, which coincides with vacation for many traders between the...

  • *China drops anti-dumping probe into U.S. sorghum imports. China denied it had offered a package to slash the U.S. trade deficit by up to $200 billion, but dropped an anti-dumping probe into U.S. sorghum imports in a conciliatory gesture as top negotiators meet in Washington. "There is still a concern around trade talks with China, but... the stock market is cautiously...

  • *Alphabet drops, Google to feature on CBS "60 minutes". China denied it had offered a package to slash the U.S. trade deficit by up to $200 billion, hours after it dropped an anti-dumping probe into U.S. sorghum imports in a conciliatory gesture as top negotiators meet in Washington. "There is still a concern around trade talks with China, but... the stock market is...

  • David Tepper

    David Tepper, the billionaire hedge fund manager who runs Appaloosa Management, reaches a deal to buy the National Football League's Carolina Panthers.

  • Republican presidential candidate Donald Trump speaks on the last day of the Republican National Convention on July 21, 2016, in Cleveland, Ohio

    Cities across the country are turning down the opportunity to host the 2020 Republican National Convention, The Hill reports.

  • BOSTON, May 10- Wells Fargo& Co on Thursday said a cap on the bank's growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations. Wells Fargo is under Federal Reserve orders to keep its assets below $1.95 trillion until governance and controls improve.

  • WASHINGTON, May 8- U.S. job openings surged to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding qualified workers. The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Tuesday also showed more workers voluntarily quit their jobs in...

  • WASHINGTON, May 8- U.S. job openings surged to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding qualified workers. The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Tuesday also showed more workers voluntarily quit their jobs in...