Business

Cary News

New development could help Cary meet growing senior housing need

An N.C.-based medical office builder is seeking to rezone about 21 acres across the street from WakeMed Cary Hospital for a life care community

It would include 240 independent living units and 130 assisted living units

The Cary Town Council is split over whether they prefer the original development plan for an office park or the new plan

Business

Organizers rally in Garner for Rosenwald school

North Carolina once had more Rosenwald schools than any other Southern state

Funded by magnate Julius Rosenwald, the schools were a bright spot in the Jim Crow South

Restoring the Panther Branch schoolhouse is likely to cost more than a quarter-million dollars

Business

California high-speed rail back in court

Nation’s first real high-speed rail system promised to whisk travelers from San Francisco to LA in half the drive time

Eight years after funding approval, $68 billion project is years behind schedule

Gov. Jerry Brown has shown consistent support for the high-speed rail plan

Blogs & Columns

Business

California high-speed rail back in court

Nation’s first real high-speed rail system promised to whisk travelers from San Francisco to LA in half the drive time

Eight years after funding approval, $68 billion project is years behind schedule

Gov. Jerry Brown has shown consistent support for the high-speed rail plan

Today's Market

Raleigh Deals

Business

Chesapeake stock tumbles, rises after investors spooked

Share prices for Chesapeake Energy stock were down more than 50 percent for a time Monday after a news report said the Oklahoma City-based company had brought on attorneys who help companies restructure their debt, but rebounded after the natural gas producer told investors that it was not planning to file for bankruptcy protection.