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NASDAQ 4532.10
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Emily Brandewie joined the Ballantyne Hotel & Lodge as catering sales manager.
The official in charge of making sure Bank of America complies with terms of its record $16.65 billion settlement is a 35-year veteran of mediation, playing roles in major cases involving the likes of Microsoft, Visa and MasterCard, and even Bank of America itself.
In 1971, Steve Jobs and Steve Wozniak hawked tiny machines called Blue Boxes that allowed long-distance phone calls to be made free by mimicking certain tones.

The stock market paused Friday, following four days of gains, after a speech by Federal Reserve Chair Janet Yellen left investors unsure about how the nation's most important financial voice feels about raising interest rates in the coming months.

If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:

Inside CLT Joules, Charlotte’s hub for energy entrepreneurs: Imagine a material that harvests heat and motion to recharge your phone. A light bulb that stays on during power outages. Or “bio-coal” made of organic wastes.

Duke Energy will sell 11 commercial power plants in the Midwest to Dynegy for $2.8 billion in cash, the company said Friday.

Never take vacation? Dread the pile-up of work if you do? Feel no one can do your job if you leave? That you’re indispensable? Or worse, do you worry that if you take a break, no one will think you really are? If you answered yes to any of these questions, you’re not alone. In fact, 40 percent of all Americans don’t take all of their vacation, leaving 430 million days of unused paid vacation a year, according to the U.S. Travel Association.

Bank of America’s $16.65 billion settlement with the government resolved legal claims from around the country, including two cases that got their start in the Charlotte bank’s backyard.

Sears Holdings announced Thursday that it had lost nearly $1 billion in the first six months of the year.

More recent business news
Kevin Brown of Matthews is self taught in the art of making drums and in the business of selling them.

Analysis of total compensation packages for the CEOs of North Carolina's largest 50 publicly-traded companies. This analysis covers 2013 and compares total pay with that of the same executives in 2012.

Bank of America may move its headquarters to the Boston region in the next five years, speculates...

Bank Watch

JJ's Red Hots, with locations in Dilworth and Ballantyne, announced on Tuesday a new business par...


For the second time in three years, Charlotte?s most prominent alternative weekly has been sold.C...

Media Scene

The Environmental Protection Agency has added to North Carolina's list of polluted waterways, say...

Earth & Energy
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