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Smithfield, Union To Start NC Pork Plant Talks

Posted: 02/20/2009 - The North Carolina company that owns the world's largest pork processing plant will negotiate with a workers union this week for the first time since the plant opened in 1992.

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Subpoenas Over Bank Exec Bonuses

Posted: 02/20/2009 - Find out why Charlotte-based Bank of America Chief Executive Ken Lewis has received a subpoena.

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GM Unit Saab Files For Protection From Creditors

Posted: 02/20/2009 - General Motors Corp.'s Swedish-based subsidiary Saab filed for bankruptcy protection Friday so it can be spun off or sold by its struggling U.S. parent, officials said

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Jobless Hit With Bank Fees On Benefits

Posted: 02/20/2009 - For hundreds of thousands of workers losing their jobs during the recession, there's a new twist to their financial pain: Even as they're collecting unemployment benefits, they're paying bank fees just to get access to their money.

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Burr Says Solving Housing Crisis Key To Financial Woes

Updated: 02/19/2009 - U.S. Senator Richard Burr says turning America's economy around centers on attacking the housing crisis head on by stopping foreclosures, making low interest mortgage loans available and giving cash incentives to home buyers.

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Real Estate Moving In Jacksonville

Updated: 02/19/2009 - With all of the bad news when it comes to the economy, one area in eastern Carolina actually seems to be thriving.

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GOP Poised To Leap On Spending Abuses In Stimulus

Posted: 02/19/2009 - Republicans are preparing to pounce on any wasteful spending in the $787 billion stimulus package as they refocus their criticisms of a measure whose success could hurt their 2010 election prospects.

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Democrats Strike Different Tone On Katrina

Posted: 02/19/2009 - The economic stimulus signed by President Barack Obama will spread billions of dollars across the country to spruce up aging roads and bridges. But there's not a dime specifically dedicated to fixing leftover damage from Hurricane Katrina.

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Poll: Public Fears About Troubled Economy Growing

Posted: 02/19/2009 - As the economy continues to struggle, the public is growing increasingly concerned about losing jobs, not having enough money to pay the bills and seeing their retirement accounts shrink, according to an Associated Press-GfK poll.

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Will Loss Of Marines Hurt Businesses?

Updated: 02/18/2009 - With 8 thousand Marines from Camp Lejeune headed overseas this spring many local businesses are a bit worried about what the loss may bring for them.

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Obama Unveils $75 Billion Mortgage Relief Plan

Posted: 02/18/2009 - President Barack Obama says his $75 billion plan to tackle "a crisis unlike any we've ever known" in home foreclosures is necessary to help save the economy.

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President Obama Signs Stimulus Package Into Law

Updated: 02/17/2009 - President Barack Obama has signed into law the most sweeping economic package in decades, a rescue plan designed to create millions of jobs and boost consumer spending.

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The Future Of Our Beaches

Posted: 02/17/2009 - The management of coastal areas is the focus of another round of meetings scheduled in Eastern Carolina in March.

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World Stock Markets Slump Amid Financial Fears

Posted: 02/17/2009 - Asian stock markets fell sharply Tuesday, with benchmarks in Hong Kong and South Korea down about 4 percent, as renewed financial fears sent banks across the region tumbling. European shares slid in early trade.

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Obama Poised To Sign Stimulus Into Law

Posted: 02/17/2009 - President Barack Obama is ready to sign into law the most sweeping economic package in decades, a rescue plan meant to reinvigorate job creation, consumer spending and public optimism. Add the bill to an ever-growing deficit.

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Coffee And Donuts = Jobs In The East

Updated: 02/16/2009 - Their slogan is "America Runs On Dunkin" and it appears that Eastern Carolina's economy may be running on Dunkin Donuts too.

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