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"All People Who Live Along The Coast Are Not Wealthy"

Updated: 03/31/2009 - Local government officials from all 20 coastal counties are in Pine Knoll Shores this week for a 2 day conference. The group heard from many speakers about issues affecting coastal counties, most importantly insurance rate hikes.

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GM's Bankruptcy Risk Increases

Posted: 03/30/2009 - General Motors Corp.'s new chief executive said there's a greater risk that the company will have to reorganize through bankruptcy, because of demands from the Obama administration to get debt off its balance sheet.

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How 4 Families Try To Recover From Foreclosure

Posted: 03/29/2009 - You've heard about the bad mortgages, about sad struggles with insolvency, about the wave of foreclosures that has crashed over America. But what happens next?

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White House Planning More Auto Financial Aid

Posted: 03/29/2009 - The Obama administration was finishing work on a plan to give more financial aid to two Detroit automakers in return for tough cost-cutting measures that will ensure the companies' survival.

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Trustee Agrees To Sell Part Of Madoff's Business

Posted: 03/28/2009 - A court-appointed trustee overseeing the liquidation of Bernard Madoff's assets announced Friday he has reached a potential $15 million deal to sell a trading operation within the disgraced financier's firm.

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Bank Execs Vow To Work With Obama On Recovery Plan

Posted: 03/28/2009 - Top executives of the nation's biggest banks said Friday after meeting with President Barack Obama that they will work with the administration on its economic recovery plans, but want more specifics from the White House.

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Bowles: UNC Layoffs Starting Now In Face Of Cuts

Updated: 03/27/2009 - University of North Carolina President Erskine Bowles says campuses are starting to lay off workers but are trying to provide as much advance notice as possible.

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Charter Communications Files For Bankruptcy

Posted: 03/27/2009 - Charter Communications, the cable provider for most of the Outer Banks and portions of northeastern North Carolina, has filed Chapter 11 bankruptcy to get relief from creditors.

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And The Citizen Of the Year Is?

Updated: 03/27/2009 - A businessman running newspapers and fighting against a school change was given the top honor in a Pitt County town.

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Spending Up, Income Down

Posted: 03/27/2009 - The government says consumers increased spending for a second straight month in February even though their incomes slipped.

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Gas Prices Going Up

Posted: 03/27/2009 - Some towns are seeing $2 a gallon again.

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AIG Executive Defends Bonuses To Conn. Lawmakers

Posted: 03/27/2009 - An executive of American International Group Inc. faced Connecticut lawmakers Thursday and defended $165 million in bonuses, saying they were necessary to keep valuable employees so the financial products division could be wound down.

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Electric Rates Cause Quite A Stir

Updated: 03/26/2009 - Soaring electric rates was a huge debate at one commissioners meeting in Wilson Wednesday because some residents say they can't pay their bills.

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House, Senate Panels Take Up Revised Obama Budget

Posted: 03/25/2009 - Twin congressional budget panels are considering their responses to President Barack Obama's $3.6 trillion budget plan for 2010 as Obama himself troops to the Capitol to pitch it to Senate Democrats.

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