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Assembly Plant Closing

Posted: 02/03/2009 - A cable maker says it will close a plant in North Carolina and move some of the jobs to another location in the same city.

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Layoffs Warning

Posted: 02/03/2009 - The mayor of a North Carolina city has warned public employees to "find new and effective ways" of performing their jobs or face the possibility of layoffs.

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Jacksonville Seeks Occupancy Tax

Posted: 02/03/2009 - Most of the money raised from taxes on lodging would promote travel and tourism in Jacksonville.

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BB&T Says Execs Won't Get 2008 Bonuses

Posted: 02/02/2009 - BB&T Corp. said Friday that its executives won't get annual bonuses for 2008 because the banking company didn't meet its financial targets.

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GOP Governors Press Congress To Pass Stimulus Bill

Posted: 02/01/2009 - Most Republican governors have broken with their GOP colleagues in Congress and are pushing for passage of President Barack Obama's economic aid plan that would send billions to states for education, public works and health care.

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Tougher Battles Ahead For Labor After Early Win

Posted: 01/30/2009 - Lilly Ledbetter, a 70-year-old Alabaman with a quick smile and a slow Southern drawl, campaigned for Barack Obama, joined him on the inaugural train trip to Washington and danced with him at an inaugural ball.

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Added Cost For Some Electric Users

Updated: 01/28/2009 - Every time you flip an electric switch in your home it just means more money added to your bill. And that price is going to get even higher for some.

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Shuler Breaks From Party On Stimulus Vote

Posted: 01/28/2009 - North Carolina Rep. Heath Shuler is the only House lawmaker from the state who is breaking from party ranks as Congress votes on an economic recovery package.

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House Approves Economic Stimulus Bill

Updated: 01/29/2009 - The Democratic-controlled House has approved an $819 billion economic stimulus package critical to President Barack Obama's plan to revive the economy.

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Report: Bank Of America To Defer Bonus Payments

Updated: 01/28/2009 - A report by the Financial Times suggests Bank of America Corp. will defer year-end bonuses paid to employees in its capital markets and investment banking units.

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House To Vote On Obama's Economic Stimulus Plan

Posted: 01/28/2009 - President Barack Obama's expansive and expensive plan to jump-start the economy is all but certain to clear its first hurdle when the Democratic-controlled House votes on a $825 billion version that melds new spending and tax cuts.

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