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Duke to buy solar farm output

Duke Energy will buy more than 16 megawatts of power from the nation's largest solar power plant, to be built in Davidson County, the company said today.

TODAY'S NEWS UPDATES

American to charge $15 for 1st checked bag - 07:18 PM
Stocks tumble on $134 oil, Fed meeting minutes - 05:53 PM
Time Warner to reap $9.25 billion windfall in cable spinoff - 12:33 PM
Bank breach affects Wachovia employees - 06:44 PM
BofA moving cash desk to Boston - 06:44 PM
Countrywide chairman's snippy email sets off furor - 03:32 PM
Financials lose top spot in S&P 500 Index - 12:56 PM

TOP STORY

Hedge fund triggered
Wachovia losses

$314 million hit to bank's portfolio

A faltering Citigroup Inc. hedge fund is the source of a big insurance-related writedown Wachovia Corp. announced this month, the Charlotte bank confirmed Tuesday.

FROM TODAY'S OBSERVER

Home appraisal
overhaul draws fire

Critics, including Charlotte's banks, say it would cost consumers.

New York Attorney General Andrew Cuomo's effort to reform the home appraisal process is running into resistance from just about every player in the mortgage industry, including Charlotte's big banks.
Believe it or not, some sectors can withstand crunch

Relatively speaking, smoking is recession-proof. So are fertilizer, insurance and defense spending, among others.
- Special Report | Coping with Economic Downturn

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.

Next Big Thing: Charlotte before South End
• Doug Smith's South End memories | Video

BREAKING BUSINESS NEWS

American to charge $15 for 1st checked bag - 07:18 PM
American Airlines to charge for first checked bag - 06:58 PM
Big Oil defends profits before irate senators - 07:08 PM
Oil prices pass $134 after report of supply drop - 07:13 PM
Recalls - 06:23 PM
Plan to trim cell phone cancellation fees draws criticism - 06:18 PM
Treasurys fall as oil spike stirs inflation woes - 05:53 PM
Stocks tumble on $134 oil, Fed meeting minutes - 05:53 PM

» More

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CAREER ALMANAC

THE NEXT BIG THING

Charlotte before South End

South End is becoming one of those places you must visit when you're in Charlotte. It has design-oriented businesses, antique stores, restaurants, apartments, condos and light-rail transit stops. But newcomers don't realize that most of this has emerged in just over a decade.

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Business

Duke to buy solar farm output

TODAY'S NEWS UPDATES

TOP STORY

Hedge fund triggered
Wachovia losses

$314 million hit to bank's portfolio

FROM TODAY'S OBSERVER

Home appraisal
overhaul draws fire

Critics, including Charlotte's banks, say it would cost consumers.

Believe it or not, some sectors can withstand crunch