Germany Snubs Greek Aid Plea as Protest Snarls Athens Traffic

Greece’s pledge to deepen planned budget-deficit cuts failed to yield an offer of assistance from Germany, Europe’s biggest economy, as protesters in Athens seized […]

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Chairman’s son named to Capital Bank board

William Carter Keller of Sanford has been appointed to a seat on the board of both Raleigh-based Capital Bank (Nasdaq: CBKN) and the bank’s holding […]

GM takes over CAMI

General Motors of Canada now owns CAMI Automotive and its major assembly plant in Ingersoll near London.
GM announced Friday that it had bought out the […]

Target’s Black Friday bet: $3 appliances

Target is hoping to lure this year’s Black Friday shoppers with $3 toasters and coffeemakers, deep deals on high-definition televisions, and discounts of 50% […]

Costco profit beats market view

Costco Wholesale Corp beat analyst expectations after posting a lower-than-expected fourth-quarter profit on Wednesday, suggesting an improvement in the weak U.S. retail environment.
For the […]

Fed’s Lockhart: possible Fed could curtail buys

Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday the U.S. economic recovery has started and the Fed could stop short of buying […]

Investors need more study with target-date funds

Forget about resting easy.
Target-date funds, billed as confidence-building vehicles that gradually shift your holdings into more conservative fixed-rate instruments as their date […]

Small business spirits downcast in July: survey

Proprietors of small businesses have become more pessimistic as their worries grow about whether business conditions will improve in the next six months, according […]

Telecom blues turns into ‘victory for the little guy’

Canadian musician Dave Carroll created a sensation with his song about United Airlines breaking his guitar.
He posted a video on YouTube and told all his […]

“New GM” ready to exit bankruptcy

General Motors on Friday prepared to exit bankruptcy with the message that a leaner and meaner automaker ready to win back American consumers and […]