Banks’ pullback from commodities trading is weakening the link between raw materials and equities and helping to re-establish supply and demand as the main factor in setting prices, United Nations researchers say.
Duke Energy Corp. shareholders should vote against four board members for lapses that led to a February coal-ash spill that fouled a North Carolina River, the California Public Employees’ Retirement System and New York City Comptroller Scott Stringer said.
Bank of America Corp. shouldn’t win dismissal of claims under the Financial Institutions Reform, Recovery, and Enforcement Act that it misled investors about the quality of $850 million in mortgage-backed securities, the Justice Department said.
In Charlotte, 42 percent of the population rents and the remaining 58 percent are homeowners. And in the past year the Charlotte real estate market has seen an 7.5 percent increase in value, with a median sales price of $194,200, according to Zillow.