State North Carolina Financial News
03.08 / 04:53
Man claiming to be a missionary accused of blowing $40M in Bible donations
The U.S. Department of Justice (DOJ) has issued an arrest warrant for a Georgia man who is accused of “misdirecting” US$30 million (about C$39.9 million) in donations to send Bibles to China.
03.08 / 02:21
FIVE
NASDAQ
Apple
COMPOSITE
Fitch
country
US stock market: Wall Street ends down, investors step back after Fitch US rating cut
Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating. Fitch downgraded the United States to AA+ from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt.
01.08 / 23:04
01.08 / 23:03
01.08 / 20:11
Platform
Arrow
film
Actor
show
voice
star
'Arrow' star Stephen Amell shares frustration over SAG-AFTRA strike. See what he said
Stephen Amell, who is known for his role in «Arrow,» voiced his disagreement with the ongoing SAG-AFTRA strike during an appearance at GalaxyCon in North Carolina. The 42-year-old actor expressed support for his union but criticized the strike as a reductive negotiating tactic, finding it frustrating. After a fan asked the actor about the strike, Amell said, «I support my union, I do, and I stand with them. I do not support striking. I don't. I think that it is a reductive negotiating tactic, and I find the entire thing incredibly frustrating.» Amell's statement comes amidst the backdrop of Hollywood actors' decision to strike in July, joining writers, who were already on strike. The strike has led to the suspension of numerous movie and TV show productions, causing significant disruptions in the industry. The Screen Actors Guild (SAG) and the Writers Guild of America (WGA) strikes have also halted the production of TV shows and movies, with notable impacts on upcoming releases like Zendaya's «Challengers,» which was scheduled for the Venice International Film Festival but has now been postponed to 2024. Hollywood writers began their strike in May, demanding better payment contracts, particularly with the rise of streaming services like Netflix. Actors are also seeking improved pay deals, especially from streaming platforms. Despite Amell's reservations about the strike, he clarified that he stands with his union, indicating that his appearance at GalaxyCon does not violate the strike terms since it is unrelated to «struck» companies and not contractually bound to a studio.
01.08 / 15:35
Manufacturing
Assurant
Pfizer
Seagen
track
Pfizer Q2 Results: Profit tumbles 77% to $2.3 billion; co trims 2023 revenue outlook
Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in part due to tornado damage to a key manufacturing facility. Profits in the second quarter were $2.3 billion, down 77% as revenues fell 54% to $12.7 billion. Quarterly revenues for Pfizer's Covid-19 vaccine and Paxlovid therapeutic were $1.6 billion, far below the $16.9 billion in the year-ago period.
31.07 / 00:53
COST
UPS
Waves
Fox
Southern
cover
businesses
Heat wave hits US economy as businesses and consumers try to adapt
ClimateDepot.com publisher Marc Morano argues mainstream media is skewing temperature data to make it an issue on climate change on ‘Varney & Co.’
30.07 / 05:51
30.07 / 05:17
UPS
FIVE
Parke
Continental
Southern
blues
The world of fireflies: Unraveling the secrets of their bioluminescence
Fireflies – alternatively known as lightning bugs in much of the United States – are neither flies nor bugs. They’re soft-winged beetles, related to click beetles and others. The most dramatic aspect of their biology is that they can produce light; this ability in a living organism, called bioluminescence, is relatively rare. I’m an entomologist who does research on, and teaches about, the ecology and biology of insects. Recently, I’ve been trying to understand the diversity and ecology of fireflies in my home state of North Carolina. Fireflies are found widely across North America, including many places in the west, but they are most abundant and diverse in the eastern half of the continent, from Florida to southern Canada.
27.07 / 16:33
27.07 / 14:03
Labcorp cuts 2023 profit forecast on drug development spin-off
(Reuters) — Laboratory Corp of America (NYSE:LH) Holdings cut its annual profit forecast on Thursday due to the spin off of the company's drug development business.
25.07 / 06:25
country
NBA Board of Governors approves Michael Jordan's sale of the Charlotte Hornets, AP source says
According to a person familiar with the situation, the NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall
24.07 / 15:59
country
NBA Board of Governors approves Michael Jordan's sale of the Charlotte Hornets, AP source says
According to a person familiar with the situation, the NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall
24.07 / 15:59
UPS
FIVE
Ball
Jackpot
Mega Millions jackpot grows to $820 million with a possible cash payout of $422 million
The Mega Millions top prize has jumped to an estimated $820 million after there was no jackpot winner in the latest drawing
24.07 / 15:59
Manufacturing
CEO
Gap
Pfizer
Tornado damage to Pfizer plant unlikely to cause major drug supply shortages, FDA says
A tornado that tore through eastern North Carolina and struck a large Pfizer pharmaceutical plant has damaged its drug storage facility but not its medicine production areas
23.07 / 16:07
FIVE
Jackpot
Option
Mega Millions Jackpot hits whopping $820 million. Check cash option, key details of lottery
While no jackpot was claimed, eight tickets managed to match all five numbers, resulting in each ticket holder claiming a grand $1 million prize. These lucky tickets were sold in various states including California, Florida, Michigan, North Carolina, and New Jersey. The upcoming Mega Millions drawing, scheduled for Tuesday, will offer an estimated jackpot of $820 million. For those fortunate enough to win, there is also a lump-sum cash option available, amounting to $422 million. This current lottery run marks the fifth-largest jackpot in Mega Millions history, with four previous occasions where the prize exceeded $1 billion. The most recent instance was a staggering $1.348 billion ticket sold in Maine back in January, while the record for the highest Mega Millions jackpot stands at an astonishing $1.537 billion, won in South Carolina in 2018. Despite the astronomical jackpot, the odds of claiming the grand prize remain incredibly slim, standing at approximately 1 in 302.5 million. Nevertheless, residents in 45 states, the District of Columbia, and the US Virgin Islands have the chance to try their luck again before the next drawing on Tuesday at 11 pm ET.
21.07 / 18:49
CEO
Pfizer
Pfizer's production facilities appear undamaged in N. Carolina tornado, CEO says
(Reuters) — Pfizer (NYSE:PFE) CEO Albert Bourla said on Friday that hurricane damage this week had almost completely destroyed the drugmaker's plant in Rocky Mount, North Carolina, but that production facilities do not seem to have suffered damage.
21.07 / 09:27
UPS
Lowe's
Manufacturing
Duke
NOT
Hormone tests for women’s fertility seem not to work
fecundity is tied to age, the effect of time’s passage varies. Some 35-year-olds find they cannot get pregnant. Others manage at the first attempt.
20.07 / 17:25
UPS
Fox
Manufacturing
Fallout
Pfizer
Tornado damage to Pfizer plant will probably create long-term shortages of some drugs hospitals need
U.S. hospital drug supplies may be strained further after a tornado ripped open the roof of a Pfizer factory this week
19.07 / 23:23
UPS
Citi
Man
Extreme
Parke
Pfizer
Tornado damages Pfizer plant in North Carolina as other parts of US reel from scorching heat, floods
A tornado has heavily damaged a large Pfizer pharmaceutical plant in North Carolina — the latest in a string of extreme weather events to plague the U.S. Floods also deluged communities in Kentucky and scorching heat smothered Phoenix and Miami yet aga...
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