Top News & Analysis North Carolina

  • Aug 21- Pfizer Inc is investing $500 million to expand a manufacturing facility in Sanford, North Carolina, that plays a central role in its efforts to become a major player in gene therapy, the company said on Wednesday. The Sanford plant manufactures therapies used for the company's late-stage experimental treatments for Duchenne Muscular Dystrophy and...

  • ASPEN, Colo./ WASHINGTON, Aug 20- The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday. Delrahim said at a tech conference in Colorado the government is looking at previously...

  • WASHINGTON, Aug 20- Subsidized steel rack imports from China have materially harmed U.S. industry, the U.S. International Trade Commission found on Tuesday, locking in the Trump administration's duties on such products in the worsening U.S.- China trade war. The U.S. Commerce Department last month said it had concluded that exporters from China had sold steel...

  • NEW YORK, Aug 19- U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies. On Sunday, German Finance Minister Olaf...

  • Aug 16- EQM Midstream Partners LP has told U.S. federal regulators the company would stop some work on its long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia as the U.S. Fish and Wildlife Service reviews a couple of permits. EQM's decision to suspend work was in response to a lawsuit filed by the Sierra Club earlier this week in the...

  • Chloe Potter, 26, works as a loan specialist in Charlotte, NC, but she has ambitions to run her own coffee shop. This is an installment of CNBC Make It's Millennial Money series, which profiles people across the U.S. and details how they earn, spend and save their money.

  • COPENHAGEN, Aug 6- Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing and packaging its new once-daily pill for treating type 2 diabetes. Novo, the world's biggest producer of diabetes drugs, said the new plant near Durham would receive shipments of the active pharmaceutical ingredient needed to produce...

  • COPENHAGEN, Aug 6- Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing and packaging its new once-daily pill for treating type 2 diabetes. Novo, the world's biggest producer of diabetes drugs, said the new plant near Durham would receive shipments of the active pharmaceutical ingredient needed to produce...

  • NEW YORK, Aug 5- Stock markets around the world fell hard and the Chinese yuan weakened to an 11- year low on Monday as fears of an escalation in the U.S.- China trade war jolted financial markets. China on Monday let the yuan tumble beyond the key 7- per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further...

  • CHICAGO, Aug 2- U.S. farmers are feeding their livestock everything from outdated pet food and leftover bakery rolls to crops imported from South America after unprecedented spring planting delays boosted prices for locally grown corn. Feed is typically the biggest cost of raising farm animals, so adjusting diets has become critical for producers who are...

  • July 26- A U.S. appeals court on Friday vacated a permit by the U.S. Fish and Wildlife Service that allowed Dominion Energy Inc to build its Atlantic Coast natural gas pipeline from West Virginia to North Carolina in areas inhabited by threatened or endangered species. Dominion suspended construction of the long-delayed project in early December after the 4th...

  • July 26- A U.S. appeals court in Richmond, Virginia, on Friday vacated a permit by the U.S. Fish and Wildlife Service that allowed Dominion Energy Inc to build its Atlantic Coast natural gas pipe from West Virginia to North Carolina in areas inhabited by threatened or endangered species.

  • The anticipated moderation in growth will come against the backdrop of rising risks to the economy's outlook, especially from a trade war between the United States and China as well as slowing growth overseas, which are seen encouraging the Federal Reserve to cut interest rates next Wednesday for the first time in a decade. The Commerce Department will...

  • LOS ANGELES, July 23- United Parcel Service Inc, the world's largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business. UPS said Flight Forward could receive FAA certification for multiple drones and pilots as early as this...

  • LOS ANGELES, July 23- United Parcel Service Inc, the world's largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business. UPS said Flight Forward could receive FAA certification for multiple drones and pilots as early as this...

  • LOS ANGELES, July 19- Americas biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy that could backfire if projects do not materialize or panel prices slide substantially. North Carolina- based Duke, for example, plans to claim the maximum credit on as much as 2 gigawatts worth of...

  • NEW YORK, July 18- U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the U.S. central bank at the end of the month. "He's toeing the party line at the Fed, basically implying that an insurance rate cut is the right thing to do for the economy at this point in...

  • NEW YORK, July 18- U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate cuts from the U.S. central bank. "He's toeing the party line at the Fed, basically implying that an insurance rate cut is the right thing to do for the economy at this point in time," said Chris...

  • U.S. President Donald Trump gestures while speaking during a rally in Orlando, Florida, U.S., on Tuesday, June 18, 2019.

    A combative President Donald Trump turned his campaign rally Wednesday into an extended dissection of the liberal views of the women of color.

  • Mike Petters,  Huntington Ingalls Industries CEO with workers.

    Workers in lower-income and underserved communities often lack college degrees and industry certificates needed to compete for good jobs. Apprenticeship programs in states including North Carolina, Mississippi and Rhode Island are closing the gap.