Amtrak ridership rises
nationwide and in N.C.
With gas prices reaching historic highs last month, trains became all the rage.
Amtrak reported today that its trains carried more passengers in July than any month in its 37-year history. More than 2.75 million people rode trains in July, a 14 percent increase from a year earlier.
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In North Carolina, the Piedmont route between Charlotte and Raleigh saw a 43 percent jump in July passengers. Ticket revenue increased by 48 percent, outpacing the national revenue increase of 18.6 percent.
Warning about voter registration scams
Be on the lookout for voter registration scams, Better Business Bureau officials say.
Many people will get multiple calls and e-mails asking if they are registered to vote in the weeks before the election Nov. 4. Most will be legitimate, but if the person asks for your Social Security number or financial information, it could be a scam designed to steal your identity, the BBB says.
Groups conducting legitimate registration drives will not ask for your information; they will give you a registration form to fill out on your own, Tom Bartholomy, president of the BBB of Southern Piedmont, said in a press release.
If you get a call or e-mail from someone who claims to need your Social Security number or financial information, report it to the Federal Trade Commission at 1-877-FTC-HELP or www.ftc.gov.
For more information about identity theft, visit www.ftc.gov/idtheft or www.bbb.org.
Goodrich, Rolls-Royce forming joint venture
Charlotte-based Goodrich Corp., the world's largest supplier of aircraft landing gear, is forming a joint venture with Rolls-Royce Group Plc to develop and supply engine controls for Rolls-Royce aero engines.
The companies would each own 50 percent of the venture, London-based Rolls-Royce said Thursday in a statement. Rolls-Royce is the world's second-largest maker of aircraft engines.
Under the joint venture, Goodrich's U.K.-based engine-controls unit and Rolls-Royce's engine controls integration business would be combined. Goodrich would retain the maintenance and services business for the venture's products. About 1,100 Goodrich employees in the U.K. and 500 Rolls-Royce employees in Europe and the U.S. may be transferred to the joint venture.
US Airways sells new shares to Merrill Lynch
US Airways, Charlotte's dominant carrier, is selling 19 million new shares to Merrill Lynch & Co. for $8.50 a share and plans to use the proceeds for general corporate uses, the airline said Thursday.
The Tempe, Ariz.-based carrier, which has its largest hub and about 6,000 employees in Charlotte, said it will net about $155 million after expenses and an underwriting discount. US Airways had 92.17 million shares outstanding before the new issue was announced.
The offering underwriters were also granted a 30-day option to buy an additional 2.85 million shares to cover over-allotments.