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Relief at the pump is bittersweet

Although gas prices are down about 50 percent, drivers aren't splurging with the difference.

Updated: Nov. 20, 2008 2:02 AM | Full story

Prices plummet, and economists' worries rise

Biggest drop since 1947 shows consumers are getting a break, but cost of deflation could be high.

Updated: Nov. 20, 2008 2:01 AM | Full story

N.C. taxman might watch odometers

Imagine your car's odometer as a taxicab meter.

Updated: Nov. 20, 2008 1:42 AM | Full story

Downscaling to start building

Developers are altering grand plans to secure financing in tighter credit market.

Updated: Nov. 20, 2008 1:42 AM | Full story

Stock indexes drop to '03 levels

S&P falls 6 percent, as value slides almost across the board.

Updated: Nov. 20, 2008 1:42 AM | Full story

Wyeth vaccine plant cuts 124

Few options exist for those laid off.

Updated: Nov. 20, 2008 1:42 AM | Full story

Get ready to pay even more for health care

Employers raise deductibles, co-payments, premiums.

Updated: Nov. 20, 2008 1:42 AM | Full story

Less spending hurts Dell

Dell is expected to post lower fiscal third-quarter earnings than a year ago on worldwide declines in information technology spending. Personal computer shipments from the computer maker missed analyst expectations for the quarter. To save cash, Dell

Updated: Nov. 20, 2008 1:42 AM | Full story

Life's getting tougher for Lenovo CEO

William J. Amelio's job as CEO of Lenovo, the world's fourth-largest computer maker, is getting tougher day by day.

Updated: Nov. 20, 2008 1:42 AM | Full story

N.C. worker injury rate falls to record low

The injury rate among North Carolina workers in private industry fell in 2007 to an all-time low, the state Labor Department said Wednesday.

Updated: Nov. 20, 2008 1:42 AM | Full story

Bank says it doesn't need government help

North State Bank is saying, "No, thank you" to the U.S. Treasury.

Updated: Nov. 20, 2008 1:42 AM | Full story

PC Magazine to publish online only

Ziff Davis Media is ending print publication of its 27-year-old flagship PC Magazine and taking it online only, the latest of several magazine publishers to drop a print edition, as advertising plummets and the cost of printing rises.

Updated: Nov. 20, 2008 1:42 AM | Full story

Even Toyota is cutting production

Toyota said Wednesday it will reduce production in the United States to cope with slowing sales in the world's largest economy.

Updated: Nov. 20, 2008 1:42 AM | Full story

Ballmer keeps Yahoo bid off the table

Microsoft is no longer interested in buying all of Yahoo, CEO Steve Ballmer said Wednesday, though he told shareholders that the company was still open to a collaboration on Internet search.

Updated: Nov. 20, 2008 1:42 AM | Full story

BASF shutting 80 plants temporarily

Chemical company BASF SE is temporarily closing 80 plants worldwide due to slumping demand, and it is cutting production at 100 more. About 20,000 workers are affected.

Updated: Nov. 20, 2008 1:42 AM | Full story

Holly Springs may get a hotel

Hagel:Holly Springs appears close to landing its first hotel.

Updated: Nov. 20, 2008 1:42 AM | Full story

Workers picking up more health costs

Employers expect to keep cost increases for medical coverage to a relatively modest 6.4 percent next year, but only by continuing to shift more of the expense to employees.

Updated: Nov. 19, 2008 10:44 AM | Full story

Wachovia pays Goldman millions in fees

Wachovia Corp. has paid investment bank Goldman Sachs Group Inc. $77 million in fees since October 2006 for various advisory services and is set to pay another $25 million for advice involving the Charlotte bank's sale to Wells Fargo & Co.

Updated: Nov. 19, 2008 11:15 AM | Full story

Bailout reinventions rattle the markets

The Treasury Department's frequent, scattershot revisions to the $700 billion financial bailout have shaken investor confidence, and experts say the confusion could delay the lending revival necessary for an economic recovery.

Updated: Nov. 19, 2008 5:52 AM | Full story

Some say N.C. should consider off-shore drilling

North Carolina should consider whether it would receive money from oil exploration off its coast and how it would balance an oil industry with its coastal tourism economy, speakers at a conference said today.

Updated: Nov. 19, 2008 3:28 PM | Full story

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