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Key Carolina Companies
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The two power companies are bracing 29,000 employees for an imminent merger decision out of Washington that could upend their lives and transform the state’s business landscape by combining Duke Energy and Progress Energy into the nation’s largest electric utility.
Hewlett-Packard helped pull the Dow Jones industrial average to a slight gain Thursday, giving the index only its fourth gain this month.
U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter.

Oil bounced back Thursday, a day after falling below $90 per barrel for the first time in months.

Charlotte-based Swisher Hygiene Inc. is under scrutiny from inside and outside the company as the restroom-cleaning products and services firm determines how much to write off its financial statements.

The chairman of the Nuclear Regulatory Commission on Wednesday gave a tentative thumbs-up to construction remedies applied to a S.C. nuclear plant whose license he opposed.

Bank of America Corp. has surpassed 10 million mobile banking customers - while Wells Fargo rolls out mobile money-transfer service.

A North Carolina man convicted of running the $40 million Black Diamond Ponzi scheme was sentenced Wednesday to 50 years in prison for what prosecutors called “the worst financial crime in this district in memory.”

Wall Street appears bent on convincing Main Street that the game is rigged.

Tad Walgreen dressed in a suit and boasted to his Cisco Systems interviewer about his leadership qualities and passion for international business. But he’s not sure any of it made an impact.

More recent business news
Database: 2010 executive pay
The CEOs of the 50 largest publicly traded companies in North Carolina made a collective $254 million in fiscal 2010, up more than 25 percent from the year before.
- CEO pay on the rise

After months of delay, Tree.com has set a date for the sale of its mortgage origination business ...

Bank Watch

Apple says its $1 billion Maiden data center will sport a second large solar farm that will help ...

Earth & Energy

More anti-smoking groups are calling on Family Dollar to reverse its recent decision to sell toba...

What's In Store

The luxury condominium tower The Vue is set to be sold at public auction at 10:15 a.m. June 12 on...

Kerry Singe

The number of deals done – 268 – hovered around a 10-year low.

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