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Steel: Wells merger was best for bank

Wachovia president and CEO Bob Steel spoke to the public for the first time Thursday about the Wells-Fargo merger, which he says was the best for the bank and the city.

FULL STORY >> Updated 11/20/2008 11:32 AM
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Automaker rescue stalls in Senate

A plan to give troubled U.S. automakers billions of dollars in loans is on life support, leaving the fate of hundreds of thousands of workers and Detroit's car companies hanging in the balance.

FULL STORY >> 11/20/2008 08:41 AM
More job cuts for Hanesbrands

Months after announcing a massive restructuring plan, Hanesbrands is cutting 365 more jobs in North Carolina, including the closing of a plant in China Grove, N.C.

FULL STORY >> Updated 11/19/2008 10:03 PM
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Economy steers some to service

The number of people enlisting in the military is the highest it’s been in four years. Many decided to join as a way to make money and build a career in this tough economy.

FULL STORY >> 11/18/2008 05:15 PM
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Smithfield workers to vote on union

Smithfield Foods said workers will vote Dec. 10 and 11 on whether they want to unionize. The vote is part of a settlement between Smithfield and a food workers union.

FULL STORY >> 11/18/2008 03:05 PM
United Way donations decline sharply

Thursday was the end of the United Way of the Central Carolinas’ annual fund-raising campaign. A bad economy and a major controversy kept donations down significantly.

FULL STORY >> Updated 11/14/2008 06:51 AM
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Hotel guests cutting trips from budget

According to a recent Charlotte Regional Visitors Authority report, occupancy at area hotels is down from last year, and those that do stay are shortening their trips.

FULL STORY >> Updated 11/13/2008 06:12 PM
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Wells Fargo CEO meets local staff

The head of Wells Fargo Bank continues to travel around the state, hoping to make his case to thousands of Wachovia employees and gain their trust before the merger.

FULL STORY >> Updated 11/12/2008 05:25 PM
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Millions in stimulus money unclaimed

Thousands of economic stimulus checks have been returned to the IRS because of incorrect addresses, and if you haven't gotten yours yet, you're running out of time.

FULL STORY >> 11/12/2008 04:56 PM
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