The country's credit crisis will extend well into 2009, forcing Charlotte-based Bank of America Corp., Wachovia Corp., and other big banks to set aside more money for loan defaults, according to a note released Monday by Oppenheimer & Co. analysts.
Passengers are more dissatisfied with airlines' customer service than they have been in years at a time when carriers are charging more and more for tickets and services.
A struggling economy and continued turmoil in the housing market sent Lowe's first-quarter profits down 18 percent, the Mooresville-based home improvement chain announced Monday.
Nucor Corp., the largest U.S. steelmaker by market value, said it will raise about $3 billion from share sales and loans to fund expansions and acquisitions.
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.
From its elegant rosewood floors to its exposed concrete ceilings, the 3,500-square-foot uptown condo is a stunner.
Sykes Industrial Park West may cut long-term storage costs for tenants
