NEW YORK — Chiquita Brands has received an approximately $611 million buyout offer from investment firm Safra Group and agribusiness and juice company Cutrale Group. Safra and Cutrale are offering $13 per share, a 29 percent premium to Chiquita Brands ...Read More »
RALEIGH, N.C. (AP) — A third candidate appears to have met qualifications for an official write-in candidate for North Carolina’s U.S. Senate seat in November. Former Indian Trail council member David Waddell turned in his petition to the State Board of Elections this ...Read More »
WASHINGTON — Congress gave final approval Thursday to a $10.8 billion bill to keep federal highway funds flowing to states through the summer construction season and the fall elections. The Senate passed the House-written bill on an 81-13 vote after ...
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WASHINGTON — U.S. employers extended their hiring surge into July by adding a solid 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding the caution that had marked the 5-year-old ...Read More »
WASHINGTON — Companies overseeing millions of mortgage loans appear to be skirting new federal regulations and legal settlements intended to stop them profiteering at the expense of troubled homeowners. They are selling or have sold nearly nonexistent insurance agencies — ...Read More »
WASHINGTON — The U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent. And the July jobs report being released Friday will likely show a sixth straight month of healthy 200,000-plus gains. ...Read More »
WASHINGTON — Average U.S. mortgage rates declined slightly this week, hovering near their lows for the year. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-year loan slipped to 4.12 percent from 4.13 percent last week. ...Read More »