N.C. Treasury supports BofA’s Lewis

The N.C. Treasury says it will support Bank of America Corp.’s existing slate of board members in an effort to ease the merger process between BofA and Merrill Lynch & Co. Inc. (BAC) ...

Read     Post Talkback

Toshiba jobs will add to city's energy wave

(By Bruce Henderson, bhenderson@charlotteobserver.com) Charlotte's bid to expand its energy hub gained new credibility Tuesday as a nuclear-power unit of electronics giant Toshiba announced nearly 200 jobs averaging six-figure wages ... Toshiba joins a wave of power-plant design, engineering and construction firms that have located or expanded in Charlotte over the past two years. More than 30 new nuclear reactors are proposed nationwide, including six in the Carolinas ... Toshiba America

Read     Post Talkback

Americans' view of economy brightens

(By Anne D'Innocenzio, Associated Press) Hopeful signs that the worst may be over for the economy boosted Americans' moods in April, sending a closely watched barometer of sentiment to the highest level since November ... The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose more than 12 points to 39.2, up from a revised 26.9 in March. The reading marks the highest level since November's 44.7 and well surpasses economists' expectations for 29.5 ... The consumer

Read     Post Talkback

U.S., Mecklenburg Co. Preparing For Swine Flu Pandemic

The head of the Homeland Security Department said the United States is preparing as if the swine flu outbreak is a full pandemic ...

Read     Post Talkback

Mecklenburg County Says Citizens Owe Millions In '08 Taxes

Read     Post Talkback

BofA rebrands Countrywide unit

Bank of America Corp. has rebranded its Countrywide Financial Corp. mortgage unit as Bank of America Home Loans. (BAC) ...

Read     Post Talkback

CMS is star of national magnet meeting

The Charlotte-Mecklenburg Schools' magnet academic programs are in the spotlight this week, with more than 1,000 educators in Charlotte for the 27th annual Magnet Schools of America National Conference ... The educators are meeting at the Charlotte Convention Center and at two uptown hotels through Wednesday. The conference opened Sunday ... "We have been planning for the conference for more than a year," said Robbie Kale, director of magnet programs for CMS. "Our local committee wanted to make

Read     Post Talkback

Bank Of America's Annual Meeting This Week

Bank of America's annual meeting will be held Wednesday in Charlotte ...

Read     Post Talkback

Man killed on Charlotte ball court

What started out as a pickup game of basketball on a warm Sunday ended tragically in southwest Charlotte, with one man dead and a teenager in serious condition ... Charlotte-Mecklenburg police say they were called to Boulevard Homes off West Boulevard after shots were fired at the public housing complex's basketball court ... Amico Elmaldrich Martin, 26, died shortly after arriving at Carolinas Medical Center. Sixteen-year-old Kadarus Donell Cunningham was in serious but stable condition at CMC

Read     Post Talkback

WSJ: Thain disputes BofA on Merrill bonuses

John Thain, former chief executive of Merrill Lynch & Co. Inc., denies Bank of America Corp.’s contention that it was solely Thain’s idea to distribute $3.6 billion in bonuses to Merrill employees in December. (BAC) ...

Read     Post Talkback