Headline Roundup: UNC-CH Trustees Looks At Clean Energy; Chiquita, Fyffes Sweetening Deal; More
Trustees at UNC-Chapel Hill want their endowment fund managers to look into clean energy investment opportunities. The Raleigh News and Observer reports the move comes after student activists asked the school to stop investing in coal-burning energy companies. The trustees voted unanimously yesterday on the request. There's been no move to divest from coal-related energy companies.
UNC-Chapel Hill's $2.4 billion endowment includes energy stocks. It's not clear how much of that is invested in coal-related businesses.
Camp Lejeune Marine To Face Court Martial
A Marine general has announced 34 year old Corporal Wassef Hassoun will face a general court martial. The Marine, who was based at Camp Lejeune, first disappeared from his unit in Iraq in 2004. He the resurfaced in Lebanon, saying he had been kidnapped. Hassoun was brought back to the United States and disappeared a second time.
The date of the trial has yet to be set.
Chicago Fire Ripple Effects In Charlotte
The fire at a suburban Chicago air traffic control center is having ripple effects here as well. Charlotte Douglas International is reporting more than a dozen flights to Chicago have been canceled today. More than a dozen have been delayed. The flights affected are those flying to Chicago's two main airports and include both international and domestic airlines.
Appeals Court Now Considering NC Election Law Changes
The Fourth U.S. Circuit Court of Appeals is now considering whether changes to North Carolina's election laws will cause "irreparable harm" to minority voters or widespread confusion if those laws are changed. The three judge panel heard arguments yesterday in Charlotte.
The changes passed last year include reducing the period of early voting by one week and doing away with same-day registration. The U.S. Justice Department, the NAACP, and other groups have argued the changes should be delayed until a full trial on the new rules is held which is expected next year.
Chiquita, Fyffes Sweetening Deal
Chiquita and Irish company Fyffes are sweetening their deal to shareholders. The companies say Chiquita shareholders would get just under 60 percent of the combined ChiquitaFyffes; that's up from just over 50 percent under the previous agreement.
Chiquita is urging shareholders to vote against a hostile takeover attempt from two Brazilian companies. They are offering to buy Chiquita outright for $611 million in cash.
Tillis, Graham Holding Press Conference Today In Charlotte
Later this afternoon, U.S. Senate hopeful Thom Tillis and Senator Lindsey Graham of South Carolina will be holding a press conference at the Omni Hotel in Uptown. The focus will be on national security.
Graham is the latest high profile Republican to stump for Tillis in North Carolina.