Top News & Analysis North Carolina

  • NEW YORK, March 19- The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve's expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.- China trade negotiations. Financial stocks weighed on all three major U.S. stock indexes, which gave up early gains...

  • March 18- Cosmetics maker Revlon Inc said on Monday it had identified a "material weakness" in its financial reporting related to the implementation of its SAP enterprise resource planning system in the United States, sending its shares down over 10 percent in extended trading. Revlon does not expect any changes to its previously reported preliminary...

  • WASHINGTON, March 14- The U.S. The regulator will also extend the public comment period as it aims "to collect information relating to the convenience and needs of the communities to be served" by the lender, the Fed said in a joint statement with the Federal Deposit Insurance Corporation. The meetings will be held on April 25 at the Fed's office in Charlotte, North...

  • Bank of America, in early 2018, had decided to open more than 500 new branches across the United States by 2021.. Chase said it will also hire up to 700 employees in the markets, which include Charlotte, North Carolina; Minneapolis, Minnesota; and Pittsburgh, Pennsylvania, from this summer. The company will also open some of these branches in the cities of...

  • Chase said it will hire up to 700 employees in the new markets, including Charlotte, North Carolina; Minneapolis, Minnesota; and Pittsburgh, Pennsylvania from this summer, the bank said in a statement.

  • The Labor Department said its Consumer Price Index rose last month, in line with estimates, and in the 12 months through February the CPI had the smallest gain since September 2016. Boeing Co slumped 5.9 percent, extending Monday's losses, as more countries grounded the company's best selling line of jets following a second fatal crash in five months, while...

  • The Labor Department said its Consumer Price Index rose 0.2 percent last month, in line with estimates, and in the 12 months through February the CPI rose 1.5 percent, the smallest gain since September 2016. "The takeaway from the data was that inflation is in check and that would allow the Fed to remain patient and that is always good for equities," said Chris...

  • FINLAND-ECONOMY-MICROSOFT

    Many of the world's biggest tech companies are turning to renewable sources of energy.

  • March 6- Corn and soybean farmer Lorenda Overman from North Carolina has been selling her crops at a loss and delaying paychecks to her workers since the U.S. trade war with China tanked agriculture prices, and her farms debt recently topped $2 million. Her desperation reflects the mounting urgency across U.S. farm country over ongoing talks aimed at ending...

  • WASHINGTON, March 4- More than 90 percent of U.S. coal-fired power plants that are required to monitor groundwater near their coal ash dumps show unsafe levels of toxic metals, according to a study released on Monday by environmental groups. The groups, led by the Environmental Integrity Project and Earthjustice, said their findings show the potential harm to...

  • WASHINGTON, March 4- More than 90 percent of U.S. coal-fired power plants that are required to monitor groundwater near their coal ash dumps show unsafe levels of toxic metals, according to a study released on Monday by environmental groups, which cited the potential harm to drinking water. The groups, led by the Environmental Integrity Project and Earthjustice,...

  • NEW YORK, March 1- World equity markets rose on Friday to end an otherwise slow week on optimism around trade and benign U.S. inflation, while crude oil retreated on news of weaker U.S. factory activity. On Thursday, White House economic adviser Larry Kudlow called progress in the trade negotiations between the United States and China "fantastic" and said the...

  • Feb 26- The S&P 500 eked out gains on Tuesday, boosted by technology sector, but losses in consumer discretionary shares including Home Depot kept the Dow Industrials and the Nasdaq in check. Rising risks and recent soft data should not prevent solid growth for the economy this year, but the Federal Reserve will remain "patient" in deciding on further interest rate...

  • Feb 26- The S&P 500 eked out gains on Tuesday, boosted by technology sector, but losses in consumer discretionary shares including Home Depot and Discovery kept the Dow Industrials and the Nasdaq in check. Rising risks and recent soft data should not prevent solid growth for the economy this year, but the Federal Reserve will remain "patient" in deciding on further...

  • NEW YORK, Feb 25- A U.S. federal appeals court said the trustee liquidating Bernard Madoff's firm may pursue dozens of lawsuits to recoup funds from defendants including Koch Industries Inc, long controlled by the billionaire brothers Charles and David Koch, and major banks. Monday's decision by the 2nd U.S. Circuit Court of Appeals in Manhattan overturned...

  • NEW YORK, Feb 25- A federal appeals court said the trustee liquidating Bernard Madoff's firm may pursue dozens of lawsuits to recoup funds from Koch Industries Inc, controlled by billionaire brothers Charles and David Koch, and other defendants, including major banks. Monday's decision by the 2nd U.S. Circuit Court of Appeals in Manhattan overturned November...

  • NEW YORK, Feb 25- A federal appeals court said the trustee liquidating Bernard Madoff's firm may pursue dozens of lawsuits to recoup funds from Koch Industries Inc, controlled by billionaire brothers Charles and David Koch, and other defendants, including major banks. Monday's decision by the 2nd U.S. Circuit Court of Appeals in Manhattan overturned November...

  • NEW YORK, Feb 22- The court-appointed trustee liquidating Bernard Madoff's firm said he began distributing $464 million to the imprisoned swindler's former customers on Friday, boosting their recovery to roughly $12.2 billion. Irving Picard, the trustee, said the payout means all former customers of Bernard L Madoff Investment Securities LLC who were...

  • Republican NC-9th District Congressional candidate Mark Harris answers questions at a news conference at the Matthews Town Hall on Wednesday, Nov. 7, 2018, in Matthews, N.C.

    Harris currently leads Democrat Dan McCready by about 900 votes in the contest.

  • *U.S., China sketch outlines of deal to end trade war. Feb 21- U.S. stocks fell on Thursday, following a recent run of gains, pressured by weak economic data and a drop in healthcare shares, while investors kept a close watch on U.S.- China trade talks. The Commerce Department said new orders for key U.S.-made capital goods unexpectedly fell in December, pointing to a...