Sanford Holshouser, the Cary law firm that bears the name of two former Tar Heel governors, will merge with South Carolina-based Nexsen Pruet. The Sanford firm was started in 1965 by former Gov. Terry Sanford.
Ellen Ruff still works for Charlotte-based Duke Energy, but her new job at the utility is to head its nuclear generation. She reports directly to CEO Jim Rogers. Her new post comes during a time of great change for the industry, with intense focus on carbon dioxide emissions.
Chinese computer maker Lenovo, which has a world headquarters in Morrisville, will unveil a two-screened laptop this week at a tech trade show in Las Vegas. A 10.6-inch screen slides out from the primary 17-inch display.
The Federal Deposit Insurance Corp. has reprimanded Asheville-based Blue Ridge Savings Bank for policies that the agency said jeopardized the safety of its deposits. Among the problems cited by the FDIC was the bank’s failure to have enough capital or reserves to operate properly.
Shares of Cary-based yellow pages publisher R.H. Donnelley were suspended from trading Friday by the New York Stock Exchange, a possible precursor to the company being delisted. The company failed to meet the exchange's requirement of having a market capitalization of at least $25 million over a 30-day trading period.
Gov.-elect Beverly Perdue says balancing the state’s budget and enhancing job training for its residents will top her agenda when she takes office. She also promises more transparency in state government.
