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Raleigh Triangle Local and Business News

  • Investor: Family Dollar-Dollar General merger has hit a ‘setback’

    Billionaire investor Carl Icahn says his push for a merger between Family Dollar Stores Inc. (NYSE:FDO) and Dollar General Corp. (NYSE:DG) has encountered a setback, according to a Reuters report.

    Icahn disclosed he had taken a 9.4 percent stake in Matthews-based Family Dollar in June — making him the largest shareholder in the company.

    He is pushing for change at the discount retailer, saying he sees “great long-term potential” in the dollar-store industry and that he believes Family Dollar’s…

  • Man charged in shooting that wounded one at Fayetteville apartment complex

    Donald Lee NicholsA 48-year-old Hope Mills man was charged Thursday morning in connection with a shooting that wounded a 19-year-old at an apartment complex in Fayetteville, police said.

  • NYC subway mom witnessed unsolved local murder

    Frankea Aleasha DabbsA woman who authorities say abandoned her baby in a New York City subway station was a witness to an unsolved murder in Sampson County nearly two years ago – something her family says might have led her to the crimes she’s been accused of committing.

  • Boehner, McConnell blast Obama border request

    BoehnerCongressional Republican leaders on Thursday blasted President Barack Obama’s emergency spending request for the border crisis, saying Obama caused the problem and now wants Congress to sign off on more of the same.

  • Report: Chinese hackers hit US personnel networks

    China USChinese hackers broke into the computer networks of the Office of Personnel Management earlier this year with the intention of accessing the files of tens of thousands of federal employees who had applied for top-secret security clearances, according to The New York Times.