AP-NC Newswatch

Financial News
January 29, 2020
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January 29, 2020
AP-NC Newswatch

 

 

Latest North Carolina news, sports, business and entertainment at 3:20 p.m. EST

 

 

OBIT-HARRIS
Former N Carolina legislator, mayor Oscar Harris dies at 80
DUNN, N.C. (AP) – A former North Carolina state senator, small-town mayor and close ally of Democratic governors has died at age 80.áA family spokesman of Oscar Harris said he died late Tuesday near his home from an apparent heart attack. Harris served five terms as mayor of the Harnett County city of Dunn before choosing not to seek reeelection last year. Harris served four years in the Senate beginining in 1999. He was the campaign treasurer for Gov. Beverly Perdue and also served on the state Board of Transportation as an appointee of four-term Gov. Jim Hunt.

 

 

WORKPLACE DEATH INVESTIGATION
NC man’s death at work site being investigated by state
WINSTON-SALEM, N.C. (AP) – State safety investigators are looking into the death of a North Carolina man at a work site where he was pinned under a dump truck. áThe Winston-Salem Journal reports that the N.C. Safety and Health Division is investigating the death of 54-year-old Daniel Ray Boles. Police say Boles died Monday when he was pinned under a truck. A spokeswoman for the state Labor Department says the safety division has opened an investigation with Gwyn Electrical Plumbing Heating and Cooling Inc. of Winston-Salem. An office manager for Gwyn confirms that Boles was the company’s commercial sales and project manager.

 

 

KIDNAPPING ATTEMPT
Restaurant honors ‘Good Samaritan’ who helped stop abduction
GREENSBORO, N.C. (AP) – A North Carolina man who a couple says saved their 8-year-old daughter from being kidnapped has been honored with free food for a year at the restaurant where he helped prevent the abduction. News outlets report North Carolina A&T graduate student Cody Byrd received the “Good Citizen Award” at a ceremony presented by Biscuitville on Tuesday. According to news outlets and police, Byrd was dining at the Greensboro location on Dec. 27 when he noticed a man try to grab the child near the bathrooms. Byrd confronted the suspect and he let the girl go and ran away. Greensboro policeáconfirm that photos Byrd captured helped them arrest 55-year-old Timothy Jon Fry.

 

 

ATTORNEY-LOBBYING
NC lawyer gets probation in plea to lobbying-related charges
RALEIGH, N.C. (AP) – An attorney received probation and will be disbarred after pleading guilty to lobbying-related charges. North Carolina regulators say Mark Bibbs made the plea this week in Wake County Superior Court. Bibbs had been indicted in 2018, accused of lobbying legislators on behalf of a bail bonds company without properly registering. Bibbs said Monday by email that he doesn’t believe he committed a crime but made the plea agreement to “put my children first.”á Secretary of State Elaine Marshall says the plea upholds the right of the public and legislators to know who’s being paid to influence governmental action.

 

 

AP-US-BERKSHIRE-LEE-NEWSPAPER-DEAL
Warren Buffett gets out of the newspaper business
OMAHA, Neb. (AP) – Billionaire Warren Buffett is giving up on the newspaper business. He’s selling all of Berkshire Hathaway’s publications to Lee Enterprises for $140 million. The deal announced Wednesday covers 31 daily newspapers in 10 states as well as 49 paid weekly publications with digital sites and 32 other print products. Buffett is a lifelong fan of newspapers but he has said for several years that he expects most of them to continue on their declining trajectory, save for a handful of national papers such as The New York Times and The Wall Street Journal.áLee has been managing the BH Media publications since July 2018. Berkshire Hathaway is providing about $576 million in long-term financing to Lee.

 

 

LYNCHING SURVIVOR-HOME
$20K raised to help man who survived 1952 lynching attempt
APEX, N.C. (AP) – A North Carolina man who survived an attempted lynching in 1952 has been helped by hundreds of people to move to a new home Tuesday so a highway can be expanded. News outlets report 87-year-old Lynn Council plans to move into a new house in Apex after living in his current home for over 60 years. The state recently bought his home to complete the NC-540 highway expansion. He had a $20,000 federal home repair loan that still needed to be paid because he was moving. Donations to an online fundraiser exceeded $21,000 by early Tuesday morning.

 

 

FATAL CHILD ABUSE-FATHER
Police: Man charged with murder in death of 5-month-old son
CHARLOTTE, N.C. (AP) – Authorities in North Carolina say a man was arrested and accused of killing his 5-month-old son. News outlets report 24-year-old Quandeel Taylor was arrested Tuesday and charged with first-degree murder in the death of baby Peyton Taylor. Charlotte-Mecklenburg police say the baby was admitted to Atrium Health Levine Children’s Hospital on Jan. 14 with signs of abusive head trauma. Three days later medical professionals told police the baby’s wounds were “not survivable.” Peyton died on Jan. 22. Taylor was interviewed by police Tuesday and later arrested. Details surrounding the case weren’t immediately released. It’s unclear whether Taylor has an attorney who can comment on his behalf.

 

 

ECU STUDENT ELECTIONS
UNC student group: Investigation of election offer needed
GREENVILLE, N.C. (AP) – The student government board for the University of North Carolina system is calling for an investigation into allegations that two East Carolina University trustees tried to influence a student election. The Daily Reflector of Greenville reports that the General Assembly of the UNC Association of Student Governments passed a resolution Saturday calling for the investigation. The resolution says the allegations are in a letter sent to UNC system board member from the ECU Board of Trustees. It says the letter claims that the two members encouraged an ECU student to run for student body president. It says the offer would violate UNC system policy.

 

 

AP-WF-01-29-20 2020GMT