Elsewhere in this issue you’ll find an article I wrote about Ken Lewis, the beleaguered (and now former) chief executive officer of Bank of America Corp. In the course of researching [...]
After he was fired in August as president of Raleigh-based Law Enforcement Associates Corp., Paul Feldman claimed other shareholders might have engaged in stock manipulation and insider trading.
It comes as no surprise that Winston-Salem felt pride when Chicago-based Sara Lee Corp. spun off Hanesbrands Inc. in September 2006 and set up its headquarters there.
When it opened more than two years ago, a privately owned container port in Portsmouth, Va., was widely hailed as a model for others — including North Carolina’s international terminal, [...]
In plain talk, a pyrrhic victory means: “We burned down the house, but at least we got rid of the cockroaches.” That might apply to builders and developers whose lawsuit caused the state Court [...]
They moved to Clayton from Indiana two years ago, attracted by, among other things, the region’s strong economy and how the Johnston County town of about 14,000 maintained its village character.
This marks the 23rd time Business North Carolina has named a Mover and Shaker of the Year, and like our current pick, more than a third have been bankers.