The corporate owner of a Youngsville-based law enforcement equipment manufacturer has agreed to pay $12.6 million in criminal and civil fines for alleged violations involving former state Sen. John Carrington.
Standard & Poor's Ratings Services on Tuesday cut its outlook on Citigroup Inc. and Bank of America Corp. to "negative" from "stable," saying bond holders could take a hit if the government steps in again to support banks.
The Super Bowl celebration for the 20-somethings behind 5 Point Productions didn't begin until about 2 a.m. Monday - and it had nothing to do with the outcome of the game.
The opening day of a conference dedicated to big ideas, futurism and economic development drew more than 1,300 participants at the Raleigh Convention Center, a record turnout for the 25th year.
A judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch.
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