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N.C. unemployment rises to 5.4%

Unemployment in North Carolina has reached its highest level since August 2005.

TODAY'S NEWS UPDATES

TOP STORY

Duke shuts off power
to 500 each workday

Historic food, gas prices take toll on N.C. people who struggle to pay bills

As food and gas prices hit historic highs, Duke Energy is shutting off more customers this year because they can't pay their power bills.

FROM TODAY'S OBSERVER

Beazer paints dismal picture

Homebuilder reports even deeper losses as it struggles with suits, numerous unknowns

Troubled builder Beazer Homes USA reported more steep losses on Thursday, days after saying it lost hundreds of millions last year.
- Archive | Sold a Nightmare
- Interactive Map | Mecklenburg foreclosures
BofA chief says downturn will spur mergers

Says consolidation will lead to stronger, more efficient institutions

Bank of America Corp. chief executive Ken Lewis, known for his appetite for big bank deals, on Thursday said current turmoil in the financial services industry will spur more bank mergers and acquisitions.

THE CAROLINAS 50

Highest-paid CEOs in the Carolinas

The Carolinas 100:
Best of the Best Companies

SOLD A NIGHTMARE | More

An idea to help residents 'hang on'

Nonprofit wants to buy homes, offer them as lease-purchases

A nonprofit group wants to buy as many as 25 vacant houses to help build homeownership in Peachtree Hills, a Charlotte neighborhood that is one of the worst-hit by the foreclosure crisis.

Uptown Expo: Seeking potential spark of success

BREAKING BUSINESS NEWS

Stocks pull back as oil pushes to fresh record - 01:38 PM
Oil sets record near $128; pump price at high, too - 01:33 PM
Macy's signs deal to put FAO Schwarz in its stores - 01:33 PM
Saudis see no reason to raise oil production now - 01:28 PM
US will stop sending oil into strategic reserves - 01:33 PM
Treasury secretary says markets are calmer now - 12:28 PM
Abercrombie profit edges up on sales increase - 12:28 PM
Fannie Mae scraps higher downpayment requirements - 12:03 PM

» More

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CAREER ALMANAC

THE NEXT BIG THING

Taller spaces on westside

Industrial park to bring 40-foot warehouses to west Charlotte

Sykes Industrial Park West may cut long-term storage costs for tenants

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Business

N.C. unemployment rises to 5.4%

TODAY'S NEWS UPDATES

TOP STORY

Duke shuts off power
to 500 each workday

Historic food, gas prices take toll on N.C. people who struggle to pay bills

FROM TODAY'S OBSERVER

Beazer paints dismal picture

Homebuilder reports even deeper losses as it struggles with suits, numerous unknowns

BofA chief says downturn will spur mergers

Says consolidation will lead to stronger, more efficient institutions

THE CAROLINAS 50

The Carolinas 100:
Best of the Best Companies

SOLD A NIGHTMARE | More

An idea to help residents 'hang on'

Nonprofit wants to buy homes, offer them as lease-purchases

BREAKING BUSINESS NEWS

CAREER ALMANAC

On The Move | 05.11.08

On The Move | 05.04.08

THE NEXT BIG THING

Taller spaces on westside

Industrial park to bring 40-foot warehouses to west Charlotte

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