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Charlotte.com: Business - May 14, 2008
As home values continue to fall, Bank of America Corp. is preparing for deeper losses on home-equity loans, a top executive said Tuesday. The Charlotte bank's planned acquisition of troubled mortgage lender …
Charlotte.com: Business - May 14, 2008
Nucor Corp. will acquire part of an Italian steelmaking company -- a well-timed attempt to capitalize on a thriving overseas construction market, company officials and analysts said Tuesday. The Charlotte-based …
Charlotte.com: Business - May 14, 2008
The Rev. Al Sharpton will headline a daytime format change this week at radio station WQNC FM ("Q" 92.7), which is embracing more talk and less music. Sharpton will debut on the station Thursday, doing his New …
Charlotte.com: Business - May 14, 2008
Finding a suit that fits is getting easier for the shorter man. National chains still don't offer many options, but legions of shorter men in the country are increasingly discovering specialty stores just for them …
Charlotte.com: Business - May 14, 2008
For another sign of how surging gas prices and the slumping economy shape consumer spending, consider a tale of two races this month at Lowe's Motor Speedway. Ticket sales are ahead of last year's pace for Saturday's …
Charlotte.com: Business - May 14, 2008
Public comments that have begun pouring into the Federal Reserve are unanimous in their support for its recommendations to combat abusive practices in the credit card industry. Even the most jaded political observers …
Charlotte.com: Business - May 14, 2008
A hotel boom is under way in southern Mecklenburg -- a sign that Charlotte's business hub is no longer confined to uptown. "In southern Mecklenburg -- with the increase in the office, the mixed use, the residential -- …
Charlotte.com: Business - May 14, 2008
TEXTILES Heritage House Fabrics LLC, a Concord fabric importer, said Tuesday it is expanding and moving its headquarters to the International Business Park at Concord. The 8-year-old, privately owned company is moving …
Charlotte.com: Business - May 14, 2008
Riding a hot streak that has doubled its stock price in three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp. The all-cash …
Charlotte.com: Business - May 14, 2008
Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday. The central bank has taken a number of unconventional steps -- …