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April 20, 2018

Losses among technology and consumer products companies weighed on U.S. stocks Thursday, snapping a three-day winning streak for the market.

Banks bucked the trend, rising along with bond yields. Energy companies also eked out a slight gain, despite a late-afternoon downturn in oil prices. The…


Manufacturers seek relief from steel, aluminum tariffs

April 19, 2018

WASHINGTON — Rising costs. Delayed shipments. A baffling bureaucracy.

President Donald Trump’s tariffs on imported aluminum and steel are disrupting business for American companies that buy those metals, and many are pressing for relief.

Hundreds of companies are asking the Commerce…


State high court tests ban on selling solar power

April 18, 2018

RALEIGH — 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…


Jobless rate dips in area

April 18, 2018

The unemployment rate dropped in most counties in North Carolina in February as a PNC economic outlook reports business owners around the state are optimistic about the state economy, national economy and their own company’s prospects.

According to the N.C. Department of Commerce, 74 out of…