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Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest decline in eight months and ending a period of steady optimism.

Modified: 05/30/12 12:25:12 AM

Research In Motion’s stockpiles of BlackBerry smartphones and PlayBook tablets have swollen by two-thirds in the past year because of slumping sales, raising the chances of the company’s third writedown since December.

Modified: 05/29/12 05:50:02 PM

Toyota’s Prius, a niche oddity when it went on sale 15 years ago, jumped to the world’s third best-selling car line in the first quarter as U.S. demand and incentives in Japan turned the hybrid into a mainstream hit.

Modified: 05/29/12 05:41:00 PM

Dewey & LeBoeuf, the law firm crippled by financial miscues and partner defections, filed for bankruptcy on Monday night, punctuating the largest law firm collapse in U.S. history.

Modified: 05/29/12 06:42:00 PM

Facebook's stock has fallen below $30 for the first time since its much-awaited public debut this month.

Modified: 05/29/12 04:30:03 PM

Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the housing market.

Modified: 05/29/12 10:44:13 AM

Sales of running shoes have pushed up profits at retailers as well as the companies that make the shoes.

Modified: 05/28/12 10:52:15 PM
Local/State More

UNC Health Care’s $30 million psychiatric hospital, proposed last week to relieve emergency room use by the mentally ill, will take a year just to prepare all required paperwork. The project, which lacks a site, is UNC’s olive branch to competitor WakeMed Health and Hospitals in exchange for WakeMed agreeing to drop its hostile takeover bid for UNC’s Rex Hospital in Raleigh.

Modified: 05/30/12 04:08:53 AM
Economy More

Dewey & LeBoeuf, the law firm crippled by financial miscues and partner defections, filed for bankruptcy on Monday night, punctuating the largest law firm collapse in U.S. history.

Modified: 05/29/12 06:42:00 PM
Consumer/Retail More

High-end outdoor clothier and gear maker Patagonia Inc. is out to prove that a company can generate strong sales while being nearly fanatical about environmental concerns.

Modified: 05/29/12 11:47:59 PM
Technology More

Looking for a top shelf device? With a superb screen, 4G LTE, comprehensive camera controls, terrific construction, and long battery life, the HTC One X makes a strong case to be the best Android smartphone you can buy now. Supply has been tight, but we know how you can win one.

Modified: 05/29/12 08:15:44 AM
Real Estate More

Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the housing market.

Modified: 05/29/12 10:44:13 AM

Contact N&O business staff

Mary Cornatzer, business/Capitol editor
(919) 829-4755

David Bracken, assistant business/Capitol editor
(919) 829-4548

Newsroom main number: (919) 829-4520

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