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The Markets
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Key Carolina Companies
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Nucor on Thursday said third-quarter profits rose 66 percent from a year ago as the Charlotte-based steel maker saw an increase in sales and average sales price per ton.
The day before Chiquita shareholders are set to vote in Charlotte on a proposed merger with Irish produce company Fyffes, two Brazilian firms trying to break up the deal and buy Chiquita themselves increased their offer to $14.50 a share.
American Airlines posted higher profits for its third quarter Thursday as it nears the one-year anniversary of its December merger with US Airways, boosted by strong revenue and lower fuel prices.

Less than three years after Chiquita Brands International announced with much fanfare that it would move to Charlotte, the banana giant’s future is set to be decided Friday as shareholders vote on whether to merge with an Irish produce company.

Lenders have come under fire in Washington in recent years. Yet one corner of the financial industry – lending to people with poor credit scores – has found sympathetic audiences in many state capitals.

Blue Cross and Blue Shield, the state’s biggest health insurer, said Wednesday that rates under the Affordable Care Act next year will increase by 13.5 percent on average, but some residents would see much larger increases.

Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago.

Google is introducing an application designed to make it easier for its Gmail users to find and manage important information that can often get buried in their inboxes.

Some Bank of America customers have been double-billed for purchases made using Apple Pay, the new mobile payments system that debuted this week, the Charlotte bank said Wednesday.

Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and could mean fewer borrowers will need to make hefty down payments.

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