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Barbara Desoer, president of Bank of America's home loans division and once a CEO candidate, will retire this month, the bank announced Friday.
A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008, before the financial meltdown later that year. The Nasdaq composite index hit an 11-year high.
The head of memory chip maker Micron, long known for taking risks in stunt piloting, died Friday when a small experimental plane he was piloting steeply banked, stalled and crashed near an Idaho runway.

Data security centers are becoming an integral part of bank operations as lenders navigate new regulations and battle fraud. And Charlotte is positioned to grab a piece of that business, a site selection firm found in a new report.

Frequent international travelers will soon have the option of bypassing customs and passport control lines at Charlotte Douglas International Airport, provided they pay $100 and pass a background check.

The son of real-estate mogul Donald Trump says negotiations for the Trump Organization to buy The Point Lake and Golf Club near Mooresville are back on.

An attorney representing EpiCentre developer Afshin Ghazi in bankruptcy court has withdrawn from the case saying the long-running, contentious court proceedings are draining Ghazi financially.

The site of the Charlotte eco-industrial development ReVenture Park has been taken off the federal Superfund hazardous-waste list, its developers say.

Local business leaders on Thursday unveiled a new partnership between minority-owned businesses and large corporate sponsors that's meant to spur job creation and economic growth across the Charlotte region.

As American Airlines wends its way through bankruptcy court, CEO Tom Horton is pouring cold water on the idea of a merger with US Airways.

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

The traditional "topping out" ceremony was held today for SPX's new headquarters in Ballantyne.Th...

How's Business

BB&T announced Friday that it is purchasing a wholesale insurance brokerage in a $570 million cas...

Bank Watch

A conference on wind energy along the Carolinas, Virginia and Georgia coast is coming to sometime...

Earth & Energy
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