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* 11/03/2009

US Airways CEO: Layoffs will not affect Charlotte operations
The US Airways CEO was in Charlotte on Tuesday, meeting with pilots about layoffs and promising the Queen City won't be hit hard by the airline's major cutbacks.

Report: Bank of America considering NYC-based CEO
Bloomberg News is reporting that Bank of America is considering CEO candidates who would be willing to live in New York instead of Charlotte, where the bank is headquartered.

Dell to refund money early to NC communities
Dell Inc. is getting a discount for quick repayment of more than $26 million in local incentives that went for naught when the company decided to close its North Carolina computer assembly plant.

10/30/2009

Duke Energy profits fall; conditions stabilize
Duke Energy reported Friday that sales to industrial customers has begun to stabilize, another signal that better economic conditions have led to growing power consumption.

10/28/2009

US Airways cutting 1,000 jobs, reducing flying
US Airways will reduce flying and cut 1,000 jobs starting next year in a plan that will leave it focused on its four key hubs.

10/27/2009

Dell returns $1.5 million in incentives to state
Computer giant Dell Inc. has returned more than $1.5 million to the state after the company announced that it was closing a large computer assembly plant in central North Carolina.

NC Appeals Court hears arguments in Google case
A group opposing state incentives for corporations has told the North Carolina Court of Appeals the taxpayers it represents should be able to challenge tax breaks used to lure Google to Caldwell County.

10/26/2009

FairPoint voluntarily files for Ch. 11 protection
Telecommunications services provider FairPoint Communications Inc. said Monday it has filed for Chapter 11 bankruptcy protection after agreeing on a deal with key lenders that will help lower its debt by $1.7 billion.

* 10/23/2009

Unemployment rate falls in Charlotte region
The Charlotte region's unemployment rate continued to fall in September, the latest sign that the worst job market in years is turning around.

10/21/2009

Bank of America to sell First Republic Bank
Bank of America Corp. said Wednesday it has agreed to sell First Republic Bank, a private bank it inherited from Merrill Lynch & Co., to a group of investors.

Wells Fargo 3Q profit rises to $3.2 billion
Wells Fargo & Co. says its third-quarter profit nearly doubled from a year ago although it joins other big U.S. banks in reporting higher loan losses.

10/20/2009

Duke Energy agreement would raise NC rates 7 percent
Duke Energy and attorneys representing North Carolina consumers say they've reached a deal that would raise customers' average bills annually in the state for the next two years.

* 10/16/2009

Big losses for Bank of America
Third quarter losses at Charlotte's Bank of America defied even the dismal projections of analysts, amounting to more than $2 billion dollars.

10/14/2009

FAA seeks millions in fines for United, US Airways
The Federal Aviation Administration on Wednesday proposed levying multimillion-dollar fines against United Airlines and US Airways for safety violations, including flying a plane after mechanics stuffed shop towels into an engine.

* E-mails show BofA board's concern over Merrill deal
New details are starting to emerge about Bank of America's purchase of Merrill Lynch, as a key House panel sifts through documents provided under its ongoing investigation of the deal.

Charlotte leaders working to keep Bank of America's headquarters
As Bank of America's directors search for a chief to replace Ken Lewis, local leaders wonder if the new CEO will have any ties to the Carolinas - and what it will mean for Charlotte if not.

Duke Energy makes rate increase deal on NC power
North Carolina's utility regulators agreed Wednesday to postpone a hearing on Duke Energy's requested rate increase for the state's electric consumers to allow more time to finalize a compromise.

* 10/13/2009

BofA to charge annual fees on rewards cards
Bank of America Corp. said Tuesday it will charge a limited number of its credit card customers annual fees ranging from $29 to $99 starting next year.

* Expert: New BofA board wants distance from Merrill deal
The decision by Bank of America to reverse course and reveal to investigators what legal advice they received regarding the Merrill Lynch deal is seen as an indication the new board of directors wants to distance itself from that deal.

Bank of America giving up Merrill deal documents
Bank of America Corp., giving up a months-long fight with regulators, plans to turn over documents revealing legal advice it received on its purchase of Merrill Lynch.

Longtime Dilworth restaurant closes its doors
Frankie's Italian Grille, a retro-themed Italian dining mainstay for 14 years in Charlotte's Dilworth neighborhood, has closed.

* 10/09/2009

Bank of America board will take time making CEO choice
A Bank of America spokesman said Friday that members of a search committee will take their time in deciding who will become the next CEO.

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