State jobless rate rises to 11.1 percent
North Carolina unemployment surged to 11.1 percent in May, a sign that despite glimmers of optimism in the economy, the labor market is continuing to take a wallop in this recession.
Banking industry girds for fight
Of all the financial regulatory changes the Obama administration has proposed, one stands tallest as a threat to bank industry profits: the creation of an agency to protect consumers from risky products.
Microsoft CEO: Computers will figure you out
Expect to see as much development in computing through the next 10 years as there was in the past 10, Microsoft CEO Steve Ballmer told a group of technology workers in Charlotte on Friday.
Bank branches still sprout
Crescent State Bank recently opened two new branches in Raleigh, but you won't hear CEO Mike Carlton bragging about the bank's expanding in the middle of a recession.
Glenwood South Dunkin' Donuts to close
The Dunkin' Donuts in the 222 Glenwood building in Raleigh's Glenwood South district is closing today at 3 p.m., according to the sign on the door.
COBRA deadline extended
Laid-off employees of small businesses have extra time to obtain health insurance that is partially subsidized by the federal government, under a new state law.
New iPhone launches amid smartphone blitz
Apple today will begin selling the latest version of the iPhone, a device that does everything from placing calls to playing music. The debut comes on the heels of rival Palm's Pre, just before T-Mobile releases a new phone based on Google technology, and in advance of RIM's new "Tour" Blackberry.
Nestle recalls Toll House cookie dough products
Nestle USA on Friday voluntarily recalled its Toll House refrigerated cookie dough products after a number of illnesses were reported by those who ate the dough raw.
Belly Blossom to close
Retailing:When businesses close, it's rare for them to notify their competitors.
Fed's mission creep raises worry
Even before President Barack Obama outlined his plans this week to revamp the financial regulatory system and expand the powers of the Federal Reserve, the global financial crisis had turned the autonomous central bank into a new institution.
Duke Energy has nuclear plans for Ohio
Duke Energy said Thursday that it will join four partners to explore construction of a nuclear plant, its first in the Midwest, at a federal site in southern Ohio.
Will energy efficiency waste taxpayer dollars?
A massive influx of federal funds to make low-income households more energy efficient has state officials scrambling to make sure the money is spent properly.
Unemployment rolls drop
The number of people on unemployment insurance rolls dropped for the first time since early January, the government said Thursday, while new claims for benefits rose slightly.
Dell plant to recall workers
Dell Inc. plans to recall laid-off workers for temporary duty at its North Carolina computer plant.
Gas-line vent is suspect
Investigators from the U.S. Chemical Safety Board suspect that workers venting a natural gas line into an interior pump room released vapors that led to last week's deadly explosion at the ConAgra Slim Jim plant in Garner.
Financial, health stocks lift markets
Investors can't seem to get the stock market rally back up to full speed again.
Duke's CEO Jim Rogers on "The Colbert Report"
Duke Energy CEO Jim Rogers (left) was the guest on Wednesday night's "Colbert Report" with Stephen Colbert. Rogers appeared on the show to promote affordable environmental energy options.
Leading economic indicators up more than expected
A private research group's forecast of economic activity rose in May by the largest amount in more than five years, the latest sign that the recession is easing.
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