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NASDAQ 4462.90
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Key Carolina Companies
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In an election-year rebuttal to Republicans, President Barack Obama will sign an executive order Thursday requiring federal contractors to give their workers more rights in labor disputes. The move comes one day after House GOP lawmakers voted to sue Obama for allegedly misusing presidential powers.
Charlotte-Mecklenburg police reported a collision about 10:15 a.m. – 15 minutes after Charlotte Premium Outlets opened – at Shopton Road and Outlets Boulevard.
Shoppers started lining up early today for the opening of Charlotte Premium Outlets, the city’s first new mall in almost 10 years.

More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels.

Management failures by the Obama administration set the stage for computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in a report released Wednesday.

Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.

Family Dollar chief executive Howard Levine said Wednesday that he expects the company to have a strong presence at its Matthews corporate offices even after rival Dollar Tree completes its acquisition of the retailer. “Family Dollar will still be a very important part of this community,” he said.

Charlotte Premium Outlets, the city’s first new mall in almost 10 years, opens Thursday, and mall officials are expecting thousands to visit during opening weekend.

A federal judge in New York ruled Wednesday that Bank of America should pay $1.27billion in civil penalties after a jury found its Countrywide unit liable for knowingly selling bad home loans to Fannie Mae and Freddie Mac.

Insurance giant MetLife reported on Wednesday its second-quarter profit more than doubled from the same period a year ago as gains from derivatives the company uses to manage risk helped offset losses on its policies.

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