By MARTHA WAGGONER and MICHAEL BIESECKERAssociated Press
CHAPEL HILL, N.C. (AP) - William "Bill" Friday, the man who personified higher education in the state even after he stepped down after 30 years as president of the University of North Carolina system, has died. He was 92.
By ERIK SCHELZIGAssociated Press
NASHVILLE, Tenn. (AP) - An endorsement from a Tennessee congressman who in a recorded phone conversation urged a mistress to get an abortion has vanished from Republican presidential candidate Mitt Romney's website.
Freshman Rep. Scott DesJarlais told a
By JAY REEVESAssociated Press
A University of South Alabama campus police officer who fatally shot a naked student was carrying pepper spray and a baton at the time, the school said Friday.
University spokesman Keith Ayers said Officer Trevis Austin, a four-year employee in his first police job
By SANDY SHOREAP Business Writer
The price of oil fell Friday on concerns that growth in global crude demand will slow even as more petroleum becomes available.
Benchmark oil fell 21 cents Friday to $91.86 per barrel in New York.
On Friday, the International Energy Agency issued a new report
By JOSHUA FREEDAP Business Writer
Stocks closed out their worst week since June after investors looked over third-quarter corporate earnings reports and decided there wasn't much to get excited about.
The big indexes were mixed on Friday. But they were all down more than 2 percent for the
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - A group of retailers and trade groups has launched a last-ditch effort to stop a settlement worth at least $6 billion that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing.
Ten out of the 19
By TOM KRISHERAP Auto Writer
DETROIT (AP) - U.S. safety officials are investigating brake problems in the Honda Pilot SUV.
The probe covers nearly 88,000 Pilots from the 2005 model year. Investigators will determine if the problem is bad enough for Honda to recall the SUVs.
The Pilot is a big
By DANIEL WAGNERAP Business Writer
Wells Fargo posted record earnings in the third quarter as the bank increased mortgage lending and pocketed more fees.
Wells, the nation's biggest mortgage lender, expanded its loan portfolio by making new loans to consumers. It collected more interest on
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - A second month of sharp gains in gasoline costs drove wholesale prices higher in September. But outside of the surge in energy, prices were well contained.
Wholesale prices rose 1.1 percent in September following a 1.7 percent gain in
By CHRISTINA REXRODEAP Business Writer
NEW YORK (AP) - JPMorgan Chase, the country's biggest bank, reported a record quarterly profit Friday, helped by a surge in mortgage refinancing. CEO Jamie Dimon said he believed the housing market "has turned a corner."
The bank made $5.3 billion from