Business

Business

Congress bans import of forced labor products

A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85-year-old tariff law that has failed to keep products of forced and child labor out of America.

Business

NC Insurance Department launches probe of Blue Cross

Investigation will take months and cost of hiring experts will be paid for by Blue Cross

Agency has received more than 1,000 formal complaints about Blue Cross in past month

Insurance Commissioner Goodwin says he still supports the ACA despite financial losses for insurers

Business

Quintiles forecasts solid revenue growth in 2016

Fourth-quarter earnings exceeded Wall Street expectations

CEO Tom Pike says company still sees a lot of activity in biotech sector

Company projecting that 2016 revenue will rise 7 percent to 8.5 percent after adjusting for currency fluctuations

Blogs & Columns

Business

California high-speed rail back in court

Nation’s first real high-speed rail system promised to whisk travelers from San Francisco to LA in half the drive time

Eight years after funding approval, $68 billion project is years behind schedule

Gov. Jerry Brown has shown consistent support for the high-speed rail plan

Today's Market

Business

Top Republicans stay quiet on release of their tax returns

Mitt Romney, the 2012 Republican presidential candidate, offered this year's hopefuls advice about a hard-learned lesson: Release your tax returns before the primaries and avoid tough scrutiny later. But the top three Republicans leading in national polls don't appear to be listening.