×

Top News & Analysis North Carolina

  • *Brent hits $60 per barrel for first time since July 2015. *OPEC head says Saudi, Russia comments "clear fog". Saudi Arabia and Russia declared their support for extending an OPEC- led deal to cut supplies for another nine months, the Organization of the Petroleum Exporting Countries' secretary general said ahead of the group's next policy meeting on Nov. 30.

  • *Brent hits $60 per barrel for first time since July 2015. *OPEC head says Saudi, Russia comments "clear fog". Ahead of OPEC's policy meeting on Nov. 30, Saudi Arabia and Russia declared their support for extending an OPEC- led deal to cut supplies for another nine months, the Organization of the Petroleum Exporting Countries' secretary general said.

  • *OPEC's head says Saudi, Russia comments "clear fog". NEW YORK, Oct 27- Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world's top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks. Ahead of OPEC's policy meeting on Nov. 30, Saudi Arabia and...

  • *OPEC's head says Saudi, Russia comments "clear fog". *Saudi Crown Prince backs extension of OPEC- led supply cuts. Ahead of OPEC's next policy meeting, Saudi Arabia and Russia declared their support for extending a global deal to cut oil supplies for another nine months, OPEC's secretary general told Reuters on Friday.

  • Sen. John Cornyn (R-TX)

    Two lawmakers are set to unveil a new bill ratcheting up scrutiny on Chinese investments in the U.S.

  • The Burlington, North Carolina- based company's shares were trading up 2.3 percent at $154.38. The Centers for Medicare and Medicaid Services proposed a draft for Medicare reimbursement rates for clinical lab tests last month, sparking speculation that LabCorp and peer Quest Diagnostics Inc could be immediate "losers" from the new rates.

  • TOWNSEND, Tennessee, Oct 25- Cody Saunders was born in 1992 with failing kidneys and a hole in his heart. Cody lived with his parents in an aged motorhome at an East Tennessee campground. Too poor to bury or cremate him, Codys parents donated their sons body to an organization called Restore Life USA.

  • FRANKFURT, Oct 19- Siemens may cut thousands of jobs as part of plans to overhaul its power turbine business, where growth in renewable energy is dampening demand for new coal and gas power stations, a person familiar with the matter said. Separately, Bloomberg cited sources as saying that Siemens also planned to restructure its Process Industries and Drives...

  • *Overhaul may results in thousands of job cuts- source. *Siemens still mulling various scenarios- source. FRANKFURT, Oct 19- Siemens is planning further cost cuts at its Power& Gas division that will likely result in thousands of job cuts, a person familiar with the matter told Reuters on Thursday.

  • Charlotte, North Carolina.

    Most of the top cities in America for economic opportunity are in the South, according to Yelp's recent study.

  • The report on Wednesday from the Commerce Department also showed a decline in building permits, raising concerns that the housing market recovery was stalling. "Residential construction should be a hefty drag on third-quarter GDP growth," said Michael Gregory, deputy chief economist at BMO Capital Markets in Toronto. Housing starts decreased 4.7 percent to a...

  • *Industrial production rises 0.3 percent in September. WASHINGTON, Oct 17- U.S. industrial production rebounded modestly in September as the lingering effects of Hurricanes Harvey and Irma hobbled activity at factories, but the outlook for the industrial sector remains bullish amid a strengthening global economy and weakening dollar.

  • OAKLAND, California, Oct 17- The two Honduran women told nearly identical stories to the immigration courts: Fear for their lives and for the lives of their children drove them to seek asylum in the United States. Unaware of each others plight, both fled with their children, making the dangerous trek across Mexico. Sandra Gutierrez joined her husband in California,...

  • The U.S. Federal Energy Regulatory Commission late on Friday approved construction of the 303- mile Mountain Valley pipeline that will move up to 2 billion cubic feet per day of gas from West Virginia to Virginia and the 600- mile Atlantic Coast pipeline that will move up to 1.5 bcfd of the fuel from West Virginia to Virginia and North Carolina.

  • WASHINGTON/ SAN FRANCISCO, Oct 13- Eighteen U.S. states sued President Donald Trump's administration on Friday to stop him from scrapping a key component of Obamacare, subsidies to insurers that help millions of low-income people pay medical expenses, even as Trump invited Democratic leaders to negotiate a deal. The subsidies cost $7 billion this year and were...

  • WASHINGTON/ SAN FRANCISCO, Oct 13- Eighteen U.S. states vowed to sue President Donald Trump's administration on Friday to stop him from scrapping a key component of Obamacare, subsidies to insurers that help millions of low-income people pay medical expenses, even as Trump invited Democratic leaders to negotiate a deal. The subsidies cost $7 billion this year...

  • Chief Executive Brian Moynihan's years-long effort to streamline the bank's sprawling operations and keep its costs in check are finally bearing fruit as the Federal Reserve raises borrowing costs. "On balance, Bank of America's results stack up better than those of peers," Instinet analyst Steven Chubak said. The Federal Reserve's three rate increases...

  • Chief Executive Brian Moynihan's years-long effort to streamline the United States' second-largest bank and keep its costs in check are finally bearing fruit as the Federal Reserve raises borrowing costs. But again margins improved and credit quality improved, " Stephen Biggar, Argus Research director of financial institutions research, said.

  • Sheryl Sandberg, Chief Operating Officer of Facebook

    Sandberg shuttled around the capital to talk with dozens of lawmakers and made numerous promises about how the company would change, the NYT reports.

  • LOS ANGELES, Oct 12- President Donald Trump's administration has vowed to revive the coal industry, challenged climate-change science and blasted renewable energy as expensive and dependent on government subsidies. And yet the solar power industry is booming across Trump country, fueled by falling development costs and those same subsidies, which many...