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The Markets
NASDAQ 4493.39
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Key Carolina Companies
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The Charlotte area’s jobless rate edged upward slightly in August from the month before, but remains a full percentage point below the previous year’s rate.
U.S. stocks sank in midday trading Wednesday as disappointing economic data in the U.S. and Europe weighed on investors' minds. Airlines stocks fell as investors feared that news of the first case of Ebola being diagnosed in the U.S. would discourage people from traveling.
A $125-million movie studio project once proposed for Eastland Mall in Charlotte may be coming to York County.

Charlotte energy company Babcock & Wilcox said Wednesday that it’s considering a split into two publicly traded companies, sending its shares up as much as 7 percent in early trading.

Bank of America has been questioned by U.S. regulators over a strategy that helps hedge funds and other large clients reduce their taxes on dividend payments.

Coca-Cola is curtailing its pay plan for executives after shareholders including Warren Buffett called it excessive.

General Mills plans to cut approximately 700 to 800 jobs, the second time it's trimmed its work force in a month, as the food company adjusts for a shift by U.S. consumers away from boxed or frozen meals.

Having ridden charismatic leaders to bond-market dominance, Pacific Investment Management Co. is now switching to bland.

Matthews-based Family Dollar said in an email to employees Tuesday that it’s proceeding with its plan to be acquired by Dollar Tree, even while rival Dollar General seeks to break up the deal and acquire Family Dollar itself.

Bank of America said it plans this week to begin issuing customers new debit cards embedded with microchips designed to better protect consumers from fraud.

More recent business news
Manufacturer EV Fleet, based in Charlotte, created the Condor: A pickup truck that gets 100 miles on a single charge.

Read the full series Workers don't have protections. Companies don't withhold taxes. Regulators don't seem to care. McClatchy reporters spent a year unraveling the scheme, using little-noticed payroll records that show how widespread this practice has become and what it costs us.

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.

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