Top News & Analysis North Carolina

  • CLEVELAND, Oct 21- Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial over their role in the U.S. opioid epidemic. Under Monday's local settlement, the distributors, which handle around...

  • LOS ANGELES, Oct 21- United Parcel Service Inc's new Flight Forward drone unit will soon start home prescription delivery from CVS Health Corp.. On Monday, Flight Forward and partner Matternet also announced a deal to deliver biological samples and other cargo on University of Utah Health hospital campuses. That will be similar to the service at North...

  • NEW YORK, Oct 21- The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward resolution of the U.S.- China trade war boosted shares in sectors sensitive to trade and the global economy. President Donald Trump continued to strike optimistic tones, while White House adviser Larry Kudlow said...

  • UPS Chief Strategy and Transformation Officer Scott Price said the Atlanta- based company, which owns 251 aircraft and charters nearly 300 more, said "Flight Forward will work with new customers in other industries to design additional solutions for a wide array of last-mile and urgent delivery challenges." That program is similar to the program at WakeMed...

  • On Tuesday, Bank of America reported better-than-expected quarterly results, helped by loan growth, higher equities trading revenue and bigger fees from dealmaking and wealth management. That metric had been positive at Bank of America for eighteen straight quarters, until the most recent one. Bank of America also opened a new Paris office, hired more...

  • *China's Refined Zinc Imports: https://tmsnrt.rs/35DB08E. LONDON, Oct 15- "The most critical issue facing the zinc market is the performance of zinc smelters and Chinese zinc smelters in particular." The world's zinc mines lifted production by 1.9% in the first half of this year, according to the latest statistical bulletin from the International Lead and Zinc...

  • The delays have caused the two giant gas pipelines- Dominion Energy Inc's Atlantic Coast and EQM Midstream Partners LP's Mountain Valley- to increase their cost estimates by hundreds of millions of dollars, according to the companies. The Atlantic Coast pipeline may never be completed unless the U.S. Supreme Court overturns a lower-court decision blocking...

  • WASHINGTON, Oct 7- A bipartisan group of state attorneys general, including New York Attorney General Letitia James, met Monday with U.S. The meeting comes after Reuters and other outlets reported on Sept. 25 that the Justice Department would open an antitrust investigation into Facebook, which also faces probes by the Federal Trade Commission and the House of...

  • *Trade deficit widens 1.6% to $54.9 billion in August. WASHINGTON, Oct 4- The U.S. unemployment rate dropped to near a 50- year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing. The Labor Department's closely watched monthly...

  • WASHINGTON, Oct 4- The U.S. Supreme Court on Friday agreed to hear an appeal by Dominion Energy Inc and President Donald Trump's administration of a lower court ruling that halted construction on a $7.5 billion natural gas pipeline due to run underneath a section of the popular Appalachian Trail in rural Virginia. Environmental groups had sued to stop the...

  • NEW YORK, Oct 3- A wake-up call from the U.S. heartland has spooked Wall Street by raising fears of a recession that will push equities into a correction. After Tuesday's dire picture on manufacturing from the Institute for Supply Management, which rattled the market, investors await Thursday's ISM services report and Friday's employment report to confirm or...

  • WASHINGTON, Oct 3- Walmart Inc said on Thursday it will begin several healthcare pilot programs for its U.S. employees starting Jan. 1 as it looks for ways to cut healthcare costs- one of the largest expenses for the retailer after wages. The pilot programs will be held in parts of Arkansas, Florida and Texas. In Colorado, Wisconsin and Minnesota, Walmart will expand a...

  • CHICAGO, Oct 2- Doctors studying lung tissue from people with vaping-related injuries have ruled out one diagnosis as a probable explanation of how vaping harms the lungs, but the mystery over the exact cause only deepened. Pathologists from the Mayo Clinic studied lung biopsies from 17 patients in the vaping-related outbreak that has sickened more than 800...

  • LOS ANGELES, Oct 1- United Parcel Service Inc on Tuesday said it won the U.S. government's first full approval to operate a drone airline, which gave it a lead in the nascent U.S. drone delivery business over rivals Amazon.com Inc and Alphabet Inc.. The Federal Aviation Administration granted UPS' Flight Forward drone subsidiary a Part 135 Standard certification...

  • Fire in the North Carolina beach town of Surf City destroyed six homes Sunday. No one was injured and officials are still trying to determine the cause of the blaze.

  • A voter arrives to vote in a special election for North Carolina's 9th Congressional District at a polling station in Charlotte, North Carolina, September 10, 2019.

    The lawsuit alleges the state's congressional maps unfairly benefit Republicans, and aims to have them redrawn ahead of the 2020 elections and 2021 redistricting process.

  • WASHINGTON, Sept 25- The U.S. Justice Department will open an antitrust investigation of Facebook Inc, a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company. Facebook also faces probes by the Federal Trade Commission, a group of state attorneys general led by New York and the House of...

  • Lawsuits on behalf of young consumers have been filed against e-cigarette maker Juul Labs Inc and others are expected amid increasing scrutiny. Altria is the parent company of tobacco giant Philip Morris USA. A Connecticut man alleges in a lawsuit filed in California state court that he suffered a massive, debilitating stroke as a result of Juul use, while the...

  • WASHINGTON, Sept 24- Hundreds more Americans have been sickened by a severe vaping-related illness, with the official tally set to be updated on Thursday, according to a U.S. health official speaking at a congressional hearing on Tuesday. "We believe that probably hundreds more have come in since the numbers we released last week," said Anne Schuchat, principal...

  • Sept 23- Federal prosecutors in California are conducting a criminal probe into e-cigarette maker Juul Labs Inc, the Wall Street Journal reported on Monday, citing people familiar with the matter. The focus of the probe by the U.S. attorney's office of the Northern District of California, which is in early stages, was unclear, the report said...