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Officials with the Caterpillar facility in Clayton said they will lay off 121 employees in the next 60 days ahead of a restructuring plan. The employees were informed of the layoffs in the fall.
Updated 9:51 PM
Mecklenburg County budget shortfalls will take their toll on the parks and recreation department. It must slash 5.6 percent of its current budget and possibly up to 50 percent of next year's.
Updated 5:10 PM
Gov. Bev Perdue and economic recruiters are equipped with a more generous tax credit as they travel to Hollywood to try to attract more movies and television productions to film in North Carolina.
Updated 1:51 PM
It is expected that by the end of the year, North Carolina will owe the federal government up to $3.5 billion for money its borrowing to pay unemployment benefits.
03/16/2010 04:30 PM
Winston-Salem leaders announced this morning they are making a pitch to be one of Google's test sites for its broadband Internet network.
03/15/2010 02:02 PM
Thirty to 40 percent of architecture firms in the region have laid off some of their staff during the past few years, and fewer architecture jobs has a trickle down effect on other industries like design and construction.
03/14/2010 04:19 PM
Charlotte area leaders say it may take some time before new jobs impact the unemployment rate. At least 35 business relocations and expansions in Mecklenburg County within the last 12 months are expected to create more than 5,000 new jobs.
03/12/2010 09:32 AM
Siemens Energy announced Thursday that it is expanding in the Charlotte area, and more than 800 new jobs are coming to the Queen City.
Updated 03/11/2010 04:59 PM
Home sales were up last month compared to February 2009, according to the Charlotte Regional Realtor Association.
03/11/2010 02:52 PM
The pace of foreclosures is down, but a new wave could be ahead. RealtyTrac says the number of foreclosure notices last month fell more than 2 percent from January, to roughly 308,000.
03/11/2010 08:34 AM
British bank HSBC says information on 15,000 customers with accounts in Switzerland has been stolen.
03/11/2010 08:27 AM
Officials with Fifth Third announced Wednesday that the bank would move its North Carolina headquarters from the northern part of the city to uptown.
Updated 03/10/2010 04:57 PM
North Carolina's unemployment rate hit a record 11.1 percent in January, the highest since states revised the way they calculate unemployment in 1976.
03/10/2010 11:51 AM
Results from a new survey show employers across the country have modest hiring plans for the second quarter of 2010.
Updated 03/09/2010 08:28 PM
Weekend tourists are turning into lifetime residents, helping bring in billions to the Carolinas. Tuesday, UNC Wilmington hosted the Economic Growth Summit, where experts discussed their new forecasting tool called "Turbo Tourism."
03/09/2010 07:42 PM