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Author Archives: The Associated Press

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Trader denies rate-rigging in London (access required)

LONDON — A former Citibank and UBS trader has pleaded not guilty to eight charges related to rigging the London interbank lending rate, known as LIBOR. Trader Tom Hayes pleaded not guilty Tuesday at London’s Southwark Crown Court. His trial ...

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Cooper announces lawsuit against online lender (access required)

RALEIGH — Officials in North Carolina are suing an out-of-state online lender, its related companies and their owner for offering loans that in some cases charge borrowers up to 342 percent interest. N.C. Attorney General Roy Cooper and the North Carolina Office of the Commissioner of ...

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NC GOP asks lawmaker to apologize for Nazi tweet (access required)

CHARLOTTE — The North Carolina Republican Party chairman says GOP state Sen. Bob Rucho should apologize for a Twitter comment in which he compared the Affordable Care Act with Nazis and terrorists. Chairman Claude Pope in a statement Monday called Rucho’s tweet “highly ...

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Group buys Alaska’s tallest building (access required)

ANCHORAGE, Alaska — The tallest building in Alaska has a new owner. The Anchorage Daily News reports (http://is.gd/rLoLdH) a private partnership consisting of JL Properties, Washington Capital Management and Cook Inlet Region Inc. has purchased the ConocoPhillips office complex in ...

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La Crosse aims to curb home conversion to rentals (access required)

LA CROSSE, Wis.  — With nearly half of the homes in La Crosse rented, the western Wisconsin city is looking for ways to prevent more single-family homes from becoming rentals. A committee formed to increase oversight of rented homes and ...

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McCrory says more diverse energy ahead for NC (access required)

DURHAM — North Carolina is poised for an economic boost thanks to laws authorizing fracking and by opening the door wider to more alternative energy production, Gov. Pat McCrory predicted Wednesday before state business leaders. Pushing ahead on his “all of the above” ...

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