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North Carolina News

• Maryland to Meet North Carolina in NCAA Women’s Lacrosse Final

  Updated 2 hours, 8 minutes ago

  Top-seeded University of Maryland will play No. 3 University of North Carolina tomorrow for the national women’s college lacrosse championship.

• PJM Says Reliability Costs Fell on Eastern Grid in Auction

  PJM Interconnection LLC, which runs the largest U.S. power grid, said consumer costs to insure adequate generating capacity in the year starting June 2016 will drop 56 percent amid competition from new plants fueled by natural gas.

• Ex-Bank of Commonwealth CEO Convicted in Lender's Failure

  The former chief executive officer of Virginia’s Bank of the Commonwealth was convicted in a fraud scheme that federal investigators said led to one of the biggest bank failures in the state’s history.

• U.S. Nuclear Generation Falls as Exelon Slows Two Reactors

  U.S. nuclear-power generation dropped from an 11-week high after Exelon Corp. slowed output at reactors in Illinois and Pennsylvania.

• Dish Signs Internet Pact as Ergen Seeks Wireless Broadband Model

  Updated 2 hours, 18 minutes ago

  Dish Network Corp., exploring ways to expand beyond its satellite-TV service, will work with rural mobile-phone provider NTelos Holdings Corp. to develop high- speed Internet technology.

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  Lenovo Sees No Limit to Size for Phone, Server Purchases

  Updated 2 hours, 24 minutes ago

  Lenovo Group Ltd., the second-biggest personal computer maker, said the company’s cash reserves of more than $3 billion enable it to pursue an acquisition of almost any size to expand in new business areas.

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  Mutant Cockroaches Learn to Avoid Sugar to Outsmart Traps

  Updated 2 hours, 23 minutes ago

  Roaches that have been hard to exterminate may be a variety that have decided sugar doesn’t taste quite so sweet as bait anymore, researchers found.

• Merck Insomnia Drug Safe Only in Lower Doses, Panel Says

  Updated 2 hours, 1 minute ago

  Merck & Co.’s experimental insomnia drug, meant to be a less disruptive alternative to Sanofi’s Ambien sleeping pill, is safe only at lower doses, U.S. regulatory advisers said.

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  Lenovo Quarterly Profit Rises 90% on Market Share Gains

  Updated 2 hours, 15 minutes ago

  Lenovo Group Ltd., the world’s second-biggest maker of personal computers, reported a 90 percent gain in fourth-quarter profit after increasing its market share and boosting smartphone sales.

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  Cash Piles Up as U.S. CEOs Play Safe With Slow-Growth Economy

  Any lament that U.S. executives are sitting on cash at their companies instead of investing in plants and equipment may be about to get louder.

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