Built to save money, homes also sip energy
An increasing number of low-income residents in North Carolina are living in high efficiency homes and cutting their electricity bills in half.
Biotech Aldagen plans a stock offering
A small Durham biotechnology company has filed plans to sell stock to the public, taking a leap of faith that Wall Street is recuperating.
Investors want a say on CEO pay
The economic slowdown and new standards of disclosure for executive compensation have contributed to the popularity of the "say-on-pay" advisory vote by shareholders.
Durham No. 12 in Fortune's small business list
After years of being tied to Raleigh in all those “best places to” lists, Durham stands alone in Fortune Small Business magazine’s “Best Places to Live and Launch” list. It's ranked No. 12.
Iran report pushes oil to new record, gas jumps above $3.73
Oil prices shot to a new record near $127 a barrel Tuesday on concerns that Iran may consider cutting crude oil production. Gas prices, meanwhile, rose to a new record over $3.73 a gallon Tuesday, and their advance shows little sign of slowing with Memorial Day weekend, the traditional start of the summer driving season, just 10 days away.
Stocks mixed after retail sales report, spiking oil
Wall Street turned in a mixed performance Tuesday after a fresh report on retail sales and a new oil price record told investors the same old story: The economy is hurting and costs are rising, but things could be worse.
Project in works for TransPark
An aviation company is poised to invest as much as $600 million in the Global TransPark, breathing life into a business park long criticized as a boondoggle.
Today in business
Investors will look to consumers for clues about the economy when the world's largest retailer posts results, and the Commerce Department releases April retail sales data.
Hewlett-Packard in talks about acquiring EDS
Business Briefs:Hewlett-Packard is negotiating to acquire Plano, Texas-based Electronic Data Systems in a deal that some estimate could be worth $13 billion.
Southwest gets huge loan
Business Briefs:Southwest Airlines says it borrowed $600 million from Citibank and seven European banks to bolster its cash position.
Progress cited in strike talks
Business Briefs:Negotiators for American Axle and Manufacturing Holdings and striking United Auto Workers made some progress in weekend bargaining.
Wind power gains force for the future
Two decades from now Americans could get as much electricity from windmills as from nuclear power plants, according to a government report that lays out a possible plan for wind energy growth.
Career moves
A roundup of personnel moves in area businesses.
Wachovia unit faces inquiry
Wachovia says federal and state regulators are demanding information from its securities unit and affiliates about auction-rate securities.
Stocks up as oil prices drop
More market fluctuation is expected as investors watch the economy's direction.
Cablevision to own Newsday
Tribune is selling the paper for $650 million but needs more revenue to cover debts.


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