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June 23, 2018

RALEIGH — North Carolina regulators denied on Friday a request from Duke Energy to raise electric rates, ordered the utility to refund $60 million in deferred taxes to customers and fined it $70 million for the way it handled coal ash.

Serving about 2 million customers, the Duke Energy…


Stocks skid as industrials, automakers, tech trade lower

June 22, 2018

NEW YORK — Car makers and technology and industrial companies fell Thursday as investors focused on the U.S.-China trade dispute, which could reduce company spending and earnings. The Dow Jones Industrial Average slipped for the eighth day in a row.

While investors generally don’t…


Stocks finish mostly higher as tech, media companies lead

June 21, 2018

NEW YORK — U.S. stocks rose Wednesday as investors bet that technology companies and small, domestically-focused firms will continue to do well even if the trade dispute between the U.S. and China gets worse. Media companies jumped after Disney reached a new deal with Twenty-First Century Fox.…


Mobile carriers cut off flow of location data to brokers

June 20, 2018

Verizon, AT&T, Sprint and T-Mobile have pledged to stop providing information on U.S. phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy.

The data has apparently allowed outside companies to pinpoint the…