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Bankruptcy judge OKs GM sale plan, appeal looms

GM Bankruptcy

A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing the way for the automaker to quickly emerge from bankruptcy protection.

Updated: Jul. 6, 2009 1:57 PM | Full story

Ag futures drop; Livestock prices mostly higher

Agriculture futures dropped in early trading Monday on the Chicago Board of Trade.

Updated: Jul. 6, 2009 12:11 PM | Full story

Stocks mostly fall as traders search for direction

Investors pulled away from stocks again as conflicting signs emerged about the direction the economy is taking.

Updated: Jul. 6, 2009 2:41 PM | Full story

Service sector shrinks less than expected in June

Economy

The U.S. services economy - from retailers and restaurants to real estate brokers - contracted less than expected in June in its best showing since before the financial crisis struck last fall, according to a private trade group's gauge.

Updated: Jul. 6, 2009 12:31 PM | Full story

George's Garage shuts down

Popular Ninth Street eatery George's Garage closed this weekend after 15 years in business.

Updated: Jul. 6, 2009 1:01 PM | Full story

Wells Fargo makes plans for investment bank

Wells Fargo will officially unveil the new brand name for its investment banking and capital markets unit today and signal plans to build a business largely inherited from Charlotte-based Wachovia.

Updated: Jul. 6, 2009 7:16 AM | Full story

EMC hikes offer for Data Domain, bidding escalates

Firing the latest salvo in a bidding brawl, data storage company EMC Corp. boosted its offer for Data Domain which has already accepted a lower bid from NetApp Inc.

Updated: Jul. 6, 2009 1:16 PM | Full story

Once dimmed, Texas brewer shines again

The Spoetzl Brewery ferments its brew in a one-stoplight town that's not on the way to anywhere, and much larger regional brewers long ago succumbed to consolidation/

Updated: Jul. 6, 2009 5:24 AM | Full story

Apple may put data center in Maiden

County officials are keeping quiet, but signs are starting to point to the Catawba County town of Maiden as the site of Apple's new $1 billion data center.

Updated: Jul. 6, 2009 5:23 AM | Full story

Shazam, you're rich!

Almost everybody dreams of winning the lottery. And after Jeff Wilson, 27, of Kings Mountain won the $88.1 million Powerball drawing last month, we started wondering what a person would do with all that money.

Updated: Jul. 5, 2009 8:37 AM | Full story

After loss, a fresh start

Tim Bannister had to shut down the family business in February. For more than three decades Cary Printing provided services to customers including Glaxo SmithKline, SAS and Burt's Bees. But the recession sapped sales, and the credit crunch staunched financing. It all proved too much.

Updated: Jul. 5, 2009 6:44 AM | Full story

Lessons from the ledger of Michael Jackson's life

The Color of Money:Long before his death, we heard more about Michael Jackson's financial troubles than his incredible music. The singer was reportedly $400 million in debt.

Updated: Jul. 2, 2009 10:06 PM | Full story

Mill worker comes full circle

For the N.C. Research Campus to reach the promise its founder had in mind, it will need more people like Randy Crowell.

Updated: Jul. 2, 2009 10:06 PM | Full story

Banks want a little more

Bounced check: $32. Stop-payment: $30. ATM charge: as high as $3.

Updated: Jul. 2, 2009 10:05 PM | Full story

Vidalias are vivacious

Eat more onions

Updated: Feb. 12, 2009 10:54 AM | Full story

Looking for money matters?

Holly

Updated: Jul. 2, 2009 10:06 PM | Full story

Beach Plan leaves state at risk of a storm like Hugo or Fran

I read with great interest your article "Beach Plan losses could trip surcharge" [Triangle & Co, June 26]. One point I would like to make to you and others relates to the quote you attributed to John McMillan, a lobbyist for the insurance industry.

Updated: Jul. 2, 2009 10:06 PM | Full story

Revival of humane business practices would be welcome

Just a quick note of appreciation [Redwoods Group CEO] Kevin Trapani's statements in the article [Insurer practices capitalism with a heart," June 23, Triangle&Co] concerning the forgotten purpose of a company for its employees and for the community.

Updated: Jul. 2, 2009 10:06 PM | Full story

Books mix business with pleasure

What should you be reading this summer? Trashy romance or books that can help you make sense of it all? The editors at Kiplinger's Personal Finance have suggested a few of the latter.

Updated: Jul. 2, 2009 10:06 PM | Full story

Career counselors strut their stuff

Stop. You were not "laid off." Your "position" was "impacted" in a "restructuring brought on by business decisions."

Updated: Jul. 2, 2009 10:06 PM | Full story

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