State North Carolina Financial News

19.07 / 17:41

Provident Target Action Racing Starbucks McDonald’s Ramaswamy stake Vivek Ramaswamy-Linked Firm Takes McDonald’s Stake, Targets Diversity Policies

Strive Asset Management, the shareholder known on Wall Street for railing against corporate “wokeness" and whose co-founder, Vivek Ramaswamy, is running for president (https://www.wsj.com/articles/the-anti-woke-presidential-candidate-who-wants-to-crush-esg-and-gut-the-fed-a486fdc), is taking aim at fast-food giant McDonald’s over its diversity policies. Strive this week sent a letter to McDonald’s expressing concerns over the way the restaurant operator handles diversity, equity and inclusion.

19.07 / 13:03

Extreme Ford Action performer blues Time Chelsea vs Wrexham friendly match: know kickoff time, tv, live streaming, team news, prediction

Chelsea will take on Wrexham in a friendly match on Wednesday in their preseason action. It will be Mauricio Pochettino’s first match as a Chelsea manager when his boys will clash with Ryan Reynolds' team in North Carolina. The year 2022-23 has been a horrible year for Chelsea as they finished 12th in the Premier League table and shuffled three managers one after the other So, Mauricio Pochettino’s main challenge will be to rebuild the Blues so that they can once again be a strong contender for the trophy. On the other hand, Wrexham have been on an upward trajectory since the time Ryan Reynolds took over the charge. The club has been promoted to tier four for the first time since 2008 and its popularity has hit the sky.

18.07 / 21:07

Tesla Highways Fatal Tesla crash in California draws federal investigators to site of head-on collision

The National Highway Traffic Safety Administration has sent investigators to the site of a fatal Tesla crash in California

18.07 / 17:11

COST CEO JPMorgan Citigroup surges Bank of America Q2 net income surges 19%

bank failures. The Federal Reserve has raised its benchmark interest rate to a range of 5% to 5.25% from near zero starting in March 2022. Those higher interest rates have allowed banks to charge more for customers to borrow. BofA’s net interest income grew 14% to $14.2 billion in the second quarter.

13.07 / 12:21

COST UPS Fighting Align Marvell Labor rift deepens between Republican governor and dockworkers in South Carolina

Dockworkers and the Republican governor in South Carolina are digging in their heels over a labor dispute that has left the newest container terminal at the East Coast’s deepest harbor largely inactive

13.07 / 02:25

UPS NASDAQ COMPOSITE NVIDIA Marvell Broadcom Nasdaq leads Wall St to higher close as CPI report lifts sentiment

Nasdaq after a report showed inflation subsided further with consumer prices registering their smallest annual increase in more than two years. The data underscored expectations the Federal Reserve may let interest rates stand after one more 25 basis point hike expected at its July policy meeting. Shares of big tech-related companies, which tend to be sensitive to higher interest rates, gave the S&P 500 its biggest boost.

12.07 / 13:49

UPS Southern Deal acquires Captrust acquires $2.3 billion Southern Wealth Management for fifth deal this year

Captrust Financial Advisors has closed its fifth acquisition of the year and its third in Texas with the addition of Southern Wealth Management, a $2.3 billion RIA based in San Antonio.

12.07 / 13:03

FIVE Aviat Boeing plane Delta Investigators say a broken part in the landing gear prevented a Delta plane from landing normally

Investigators say a broken part inside the nose landing gear of a Delta plane forced pilots to make a skidding, nose-down landing last month in Charlotte, North Carolina

11.07 / 18:29

Progressive SEC Discover Bank of America to pay over $250 million over junk fees, other issues

By Chris Prentice

11.07 / 15:55

UPS Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees

In this article

11.07 / 15:35

settlement Bank of America agrees to pay $250 million settlement over consumer abuse claims

Investing.com -- Bank of America (NYSE:BAC) has agreed to pay out $250 million in fines and compensation to settle several consumer abuse charges, including the opening of accounts without authorization, the Consumer Financial Protection Bureau (CFPB) said Tuesday.

11.07 / 13:39

Customer Bank of America to pay more than $100M for doubling fees, opening accounts without customer consent

Bank of America is being ordered to pay more than $100 million to customers for double-dipping on some fees, withholding reward bonuses and opening some accounts without customer consent

10.07 / 19:37

UPS Lowe's NASDAQ COMPOSITE Intel week Wall St edges up; consumer prices, earnings eyed this week

By Caroline Valetkevitch

07.07 / 21:19

UPS Provident MET MSCI ADP index Global stocks index flat, Dollar falls on mixed U.S. jobs data

By Sinéad Carew

07.07 / 16:33

BlackRock House GOP members probe ESG policies at BlackRock, Vanguard

House Judiciary Chairman Jim Jordan and two other House Republicans fired off letters to financial industry giants including BlackRock Inc., Vanguard Group Inc. and State Street, contending that their efforts to combat climate change could violate antitrust law.

05.07 / 17:07

UPS Manufacturing NXP Qualcomm Microchip Skyworks Earth These 6 semiconductor companies will feel the pinch of China's rare earth limits

China stated this week that it will put limits on the exportation of two rare metals widely used in producing semiconductors, in a move that will impact some U.S.-listed companies in the sector.

04.07 / 11:49

UPS Waters Extreme Aware Parke Discover Fright over crack on North Carolina ride serves as reminder of risks at amusement parks

State investigators were on site at a North Carolina amusement park after a crack was discovered on a support beam on one of their popular roller coasters

04.07 / 01:49

Merit Action Racing Fighting Harvard 'legacy' policy challenged on heels of affirmative action ruling

Harvard College was hit with a complaint on Monday claiming its policy of giving preferences to applicants for undergraduate admissions with family ties to the elite school overwhelmingly benefits white students, days after the U.S. Supreme Court struck down its race-conscious admissions policies. Three civil rights groups filed a complaint with the U.S.

03.07 / 14:37

UPS Progressive Career Action Strategy Financial Advice end Financial How the end of affirmative action could hurt financial advice

The Supreme Court’s bombshell ruling Thursday striking down race-conscious college admissions programs will likely hurt diversity within the financial advice profession — but the degree to which it will do so is unclear, observers said.

03.07 / 11:46

Enterprise Tesla Albemarle Chile Plans to Nationalize Lithium Production, Sending Miners' Shares Lower

Shares of lithium producers plunged Friday after Chile, the second-largest lithium producer in the world, proposed nationalizing its production of the rare earth metal, a key component of electric vehicle batteries.

03.07 / 10:05

UPS BLOCK Progressive US farmer warns ‘China is quietly taking over’ food security

National Black Farmers Association President John Boyd Jr. calls on policymakers who are not doing enough to stop China's 'foothold' on the U.S. economy.

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