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FBI Investigating Companies At Heart Of Meltdown

Posted: 09/24/2008 - The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.

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Texas Mayor To Request $2.3B In Aid From Congress

Updated: 05/26/2010 - As repair crews work to make this hurricane-ravaged island city inhabitable for the thousands of residents set to return this week, the mayor is seeking more than $2 billion in emergency federal aid.

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China's Product Safety Watchdog Steps Down

Posted: 09/23/2008 - The head of China's food safety watchdog resigned Monday for failing to stop the widespread contamination of baby formula as the number of children sickened in the scandal soared to nearly 53,000, including four infants who died.

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Bush Team, Congress Negotiate $700B Bailout

Posted: 09/21/2008 - The Bush administration asked Congress on Saturday for the power to buy $700 billion in toxic assets clogging the financial system and threatening the economy as negotiations began on the largest bailout since the Great Depression.

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Governor: No Price Gouging, Gas Supply May Be Limited

Updated: 09/12/2008 - The Governor says there may be temporary limitations on North Carolina's gas supply because of interruptions to supplies that serve the state. Click on the full story to read the Governor's statement and learn more about the state's price gouging law and to access a price gouging complaint form.

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Bank Of America Settles Securities Probe

Posted: 09/11/2008 - Bank of America says it will buy back about $4.5 billion of auction-rate securities as part of a settlement agreement with Massachusetts regulators.

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Arden Company Gets $6 Million Contract

Posted: 09/09/2008 - An Arden company will receive a $6 million contract from the U.S. Air Force research laboratory to create a system to restrain the heads and necks of fighter pilots.

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Government Will Stabilize Fannie, Freddie

Posted: 09/07/2008 - A top House Democrat confirmed Saturday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and Freddie Mac.

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Randolph County Board: No Money For Pottery Center

Posted: 09/04/2008 - The Randolph County commissioner who urged the panel not to give $25,000 to the struggling North Carolina Pottery Center in Seagrove is also a member of the center's board.

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Bobcats VP Economou Leaves Organization

Posted: 09/03/2008 - The Charlotte Bobcats' chief marketing officer has left the organization in another restructuring of the struggling franchise.

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AAA: Labor Day Travel Expected To Dip

Posted: 08/31/2008 - Falling gas prices might not be enough to entice people to travel this Labor Day weekend, with some keeping a wary eye on dangerous Hurricane Gustav, which is threatening the Gulf Coast.

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Forecast: Gustav To Gulf, And Gas Prices Go Up?

Updated: 08/26/2008 - Hurricane Gustav is impacting Haiti and is forecast to go into the Gulf. It may be hundreds of miles away, but Gustav could have a direct impact on your wallet.

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Gas Price Frenzy

Updated: 08/11/2008 - As of Monday the average price of gasoline in our state is 3.76 a gallon.

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