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Business
6/28/2008
Unemployment rates rise in May
Unemployment rates rose for most counties in the state in May, and Wilson and surrounding counties were no exception. ...
6/28/2008
Three local companies win safety awards
Three local companies won the biggest awards Tuesday during the N.C. Department of Labor's annual safety awards banquet. ...
6/28/2008
BB&T Briefs
BB&T promotes Provo to assistant vice president ...
6/28/2008
Dow still searching for bottom
NEW YORK — Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis. The major indexes are all down more than 3 percent for the week. ...
6/28/2008
After-tax incomes, spending make gains
WASHINGTON — Millions of economic stimulus payments sent after-tax incomes surging in May by the largest amount since a similar recession-fighting effort by Gerald Ford 33 years ago. ...
6/28/2008
Aggressive Fed rate-cutting done?
WASHINGTON — The Federal Reserve’s aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the Fed has now entered. ...
6/21/2008
Drive-In gets drive-through
After about 60 years in business, Ray's Drive-In now has a drive-through. ...
6/21/2008
Mitchell getting national attention
Ed Mitchell started off in modest means by cooking barbecue in his mother's grocery store on U.S. 301. ...
6/21/2008
Wilson resident named to identity theft board
Jim Resmer, manager of the Wilson-based BB&T Liability Risk Management, has been appointed to the Identity Theft Assistance Center's board of directors. ...
6/21/2008
Smithfield Packing receives award
Smithfield Packing Co. on Wilco Boulevard received an American Meat Institute award for the plant's environmental stewardship efforts. ...
6/21/2008
BB&T subsidiary closes senior housing deal
ATLANTA -- Grandbridge Real Estate Capital LLC, a subsidiary of BB&T, has closed on a Fannie Mae credit facility worth up to $350 million for one of the largest real estate investment trusts in North America. ...
6/21/2008
White House threatening veto of foreclosure rescue package
WASHINGTON -- A broad bipartisan coalition supporting a massive foreclosure rescue beat back GOP efforts to gut it Thursday, defying a White House veto threat and quashing a bid to make it victim to revelations about two senators' VIP mortgages. ...
6/21/2008
Premium gas sales tank as fuel prices rise
MIAMI BEACH, Fla. -- With rising fuel prices pushing the national average for premium to $4.48 a gallon -- about 40 cents higher than regular -- motorists are buying less of it, industry statistics show. ...
6/21/2008
GAO: Medicare tax abuse found
WASHINGTON -- Thousands of hospitals, nursing homes and other Medicare health providers owe the federal government more than $2 billion in payroll and other back taxes. ...
6/21/2008
Stocks drop, while credit woes worsen
NEW YORK -- Stocks capped a difficult week with steep losses Friday amid escalating worries about the financial and automotive sectors and a rebound in oil prices. The major indexes fell by more than 1 1/2 percent on the day, and the Dow Jones industrial average gave up more than 200 points to end at its lowest level in three months. ...
6/21/2008
New powers may be sought for Fed
WASHINGTON -- The Bush administration said Thursday that the Federal Reserve should be given sweeping new powers to protect the integrity of the financial system, contending that this year's market turmoil had exposed a badly outdated regulatory system. ...
6/21/2008
States weigh their options in offshore drilling battle
PENSACOLA, Fla. -- Governors in some coastal states promised to fight attempts to tap offshore petroleum reserves, citing concerns about the environment and tourism. Others agreed with President Bush's call to lift a 27-year-old federal ban on offshore drilling but said states should decide whether to allow it. ...
6/28/2008
Unemployment rates rise in May
Unemployment rates rose for most counties in the state in May, and Wilson and surrounding counties were no exception. ...
6/28/2008
Three local companies win safety awards
Three local companies won the biggest awards Tuesday during the N.C. Department of Labor's annual safety awards banquet. ...
6/28/2008
BB&T Briefs
BB&T promotes Provo to assistant vice president ...
6/28/2008
Dow still searching for bottom
NEW YORK — Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis. The major indexes are all down more than 3 percent for the week. ...
6/28/2008
After-tax incomes, spending make gains
WASHINGTON — Millions of economic stimulus payments sent after-tax incomes surging in May by the largest amount since a similar recession-fighting effort by Gerald Ford 33 years ago. ...
6/28/2008
Aggressive Fed rate-cutting done?
WASHINGTON — The Federal Reserve’s aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the Fed has now entered. ...
6/21/2008
Drive-In gets drive-through
After about 60 years in business, Ray's Drive-In now has a drive-through. ...
6/21/2008
Mitchell getting national attention
Ed Mitchell started off in modest means by cooking barbecue in his mother's grocery store on U.S. 301. ...
6/21/2008
Wilson resident named to identity theft board
Jim Resmer, manager of the Wilson-based BB&T Liability Risk Management, has been appointed to the Identity Theft Assistance Center's board of directors. ...
6/21/2008
Smithfield Packing receives award
Smithfield Packing Co. on Wilco Boulevard received an American Meat Institute award for the plant's environmental stewardship efforts. ...
6/21/2008
BB&T subsidiary closes senior housing deal
ATLANTA -- Grandbridge Real Estate Capital LLC, a subsidiary of BB&T, has closed on a Fannie Mae credit facility worth up to $350 million for one of the largest real estate investment trusts in North America. ...
6/21/2008
White House threatening veto of foreclosure rescue package
WASHINGTON -- A broad bipartisan coalition supporting a massive foreclosure rescue beat back GOP efforts to gut it Thursday, defying a White House veto threat and quashing a bid to make it victim to revelations about two senators' VIP mortgages. ...
6/21/2008
Premium gas sales tank as fuel prices rise
MIAMI BEACH, Fla. -- With rising fuel prices pushing the national average for premium to $4.48 a gallon -- about 40 cents higher than regular -- motorists are buying less of it, industry statistics show. ...
6/21/2008
GAO: Medicare tax abuse found
WASHINGTON -- Thousands of hospitals, nursing homes and other Medicare health providers owe the federal government more than $2 billion in payroll and other back taxes. ...
6/21/2008
Stocks drop, while credit woes worsen
NEW YORK -- Stocks capped a difficult week with steep losses Friday amid escalating worries about the financial and automotive sectors and a rebound in oil prices. The major indexes fell by more than 1 1/2 percent on the day, and the Dow Jones industrial average gave up more than 200 points to end at its lowest level in three months. ...
6/21/2008
New powers may be sought for Fed
WASHINGTON -- The Bush administration said Thursday that the Federal Reserve should be given sweeping new powers to protect the integrity of the financial system, contending that this year's market turmoil had exposed a badly outdated regulatory system. ...
6/21/2008
States weigh their options in offshore drilling battle
PENSACOLA, Fla. -- Governors in some coastal states promised to fight attempts to tap offshore petroleum reserves, citing concerns about the environment and tourism. Others agreed with President Bush's call to lift a 27-year-old federal ban on offshore drilling but said states should decide whether to allow it. ...
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