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Top News & Analysis North Carolina

  • FRANKLIN, N.C. _ Entegra Financial Corp. on Thursday reported first-quarter profit of $3.6 million. The bank, based in Franklin, North Carolina, said it had earnings of 51 cents per share. The holding company for Macon Bank posted revenue of $16.5 million in the period.

  • The Army says it's considering 15 cities for the headquarters of its planned Futures Command, which will keep track of emerging technology and innovations that could be used in warfighting. The Army notified the cities this week and asked for detailed information. The contenders are Atlanta; Austin, Texas; Boston; Chicago; Dallas; Denver; Houston; Los Angeles;...

  • April 19- Nucor Corp's quarterly profit topped Wall Street estimates, and the No. 1 U.S. steelmaker by market value forecast a better second-quarter while praising the U.S. government's move to impose tariffs on imported steel. Shares in the company fell in the morning along with other steel firms, as concerns over the prospect of a tit-for-tat trade war with...

  • CHARLOTTE, N.C. _ Nucor Corp. on Thursday reported first-quarter profit of $354.2 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. Three analysts surveyed by Zacks expected $5.54 billion.

  • RALEIGH, N.C.— North Carolina's highest court is deciding whether a clean-energy advocacy group illegally sold solar power to a church as part of its plan to undercut the monopoly of the state's electric utilities. The state Supreme Court listened Tuesday as lawyers offered differing descriptions of a 2015 deal in which the group NC WARN installed solar...

  • WASHINGTON, April 17- U.S. homebuilding rose more than expected in March amid a rebound in the construction of multi-family housing units, but weakness in the single-family segment suggested an acute shortage of homes for sale will likely persist. "This continues the theme that the output and labor data paint a stronger picture of the economy than we expect...

  • *Wall Street rises but European shares dip. NEW YORK, April 16- Wall Street closed higher on Monday as investors appeared less concerned about possible retaliation for U.S.-led missile strikes on Syria, and the yield curve reached its flattest level in over a decade. The bombing in Syria looks to be an event rather than an ongoing thing and it was a coalition, "said...

  • NEW YORK, April 16- U.S. stocks rose on Monday with technology and healthcare shares leading the way as investors appeared less concerned about possible retaliation for the U.S.-led missile attack in Syria. The weekend's air strikes marked the biggest intervention by Western countries against Syrian President Bashar al-Assad and his ally Russia, which is...

  • US recalls over 200 million eggs amid salmonella fears

    The nearly 207 million eggs in question are from a farm in North Carolina and the recall stretches over nine states.

  • ASHEVILLE, N.C.— Authorities say actor Harry Anderson of "Night Court" comedy series fame has died in North Carolina.

  • NEW YORK— Bank of America's profits rose to a record $6.9 billion last quarter thanks in part to the new tax law and higher interest rates. The consumer banking giant earned $6.92 billion, or 62 cents per share, up from $5.34 billion, or 45 cents a share, from the same period a year ago. Like its competitors JPMorgan Chase and Citigroup, Bank of America reported a sharp...

  • A poultry farmer checks packed eggs on August 27, 2013.

    Nearly 207 million eggs from a farm in North Carolina are being recalled from nine U.S. states after 22 people fell ill, the federal Food and Drug Administration has said.

  • A notice posted on the Food& Drug Administration website Friday said the eggs shipped from a North Carolina farm may be tainted with salmonella. The eggs reached consumers in Colorado, Florida, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, and West Virginia, according to the notice. The recall came about after the illnesses were...

  • April 15- Nearly 207 million eggs from a farm in North Carolina are being recalled from nine U.S. states after 22 people fell ill, the federal Food and Drug Administration has said. It is the largest recall of eggs in the United States since 2010, the Food Safety News website reported. The eggs reached consumers in Florida, New York, Pennsylvania, North Carolina, New...

  • WINSTON-SALEM, N.C.— A big cigarette name is recalling the power units used for about 2.6 million electronic cigarettes. R.J. Reynolds Vapor Co. has issued a nationwide safety recall of all Vuse Vibe power units after consumer reports that batteries malfunctioned and caused the units to overheat and create a fire risk. The subsidiary of British American...

  • RALEIGH, N.C.— North Carolina's highest court is taking up a case that could force new competition on the state's electricity monopolies. The state Supreme Court on Tuesday will consider the Utilities Commission's decision to fine clean-energy advocacy group NC WARN for putting solar panels on a Greensboro church's rooftop and then charging it...

  • RALEIGH, N.C.— Duke Energy Corp. will pay a $156,000 penalty for polluting ground and surface waters with potentially toxic coal-ash waste around three power plants, an amount one critic compared Friday to a couple of days salary for the company's CEO. The penalty is less than a slap on the wrist for the country's No. 2 electricity company, which generated $23...

  • *Trump says possible attack on Syria may not be imminent. President Donald Trump's suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries. Trump said in a tweet on Thursday that a possible attack on Syria could occur "very soon or not so soon at all," easing fears of confrontation with Russia.

  • "Fox& Friends" originates from a cavernous, two-story Manhattan studio that overlooks Sixth Avenue, where the push of a button sends banks of lights or even a chandelier descending from the ceiling. During a break in the show one day, Steve Doocy bites into a Chick-fil-A breakfast sandwich. Brian Kilmeade scrolls through a tablet and Ainsley Earhardt pulls on a...

  • NEW YORK— While the stock market was busy heaving up and down in recent months, some funds were offering a steadier, slightly less-nauseating ride. "They have delivered what you would expect them to provide," said Alex Bryan, director of passive strategies at Morningstar. Many have loaded up on the kinds of stocks that may be hurt most if interest rates keep rising, as...