SEC files fraud charges against 3 ex-IndyMac execs

Federal regulators filed civil fraud charges Friday against three former executives of the parent of IndyMac Bank, accusing them of misleading investors about the mortgage […]

ArcelorMittal posts loss, outlook positive

The cost of spinning of its stainless steel unit and higher raw material costs pushed ArcelorMittal into a fourth quarter loss, but the world’s largest […]

Dubai’s Drydocks World gets $200M in financing

The shipbuilding and repair arm of indebted state conglomerate Dubai World says it has secured $200 million in immediate financing and plans to begin talks […]

Roseman: Unlimited Internet plans may die off

Primus Canada is getting rid of the unlimited Internet plans that customers used to enjoy, starting Feb. 1.
Primus will offer 25 GB (gigabytes) of monthly […]

Intel plans 1,000 high-tech jobs in 2 states

Intel announced Tuesday that is investing up to $8 billion in microchip manufacturing plants that could create up to 1,000 permanent high-tech jobs in […]

D/FW Airport lands Virgin America

Virgin America is coming to Dallas/Fort Worth International Airport with nonstop service from Los Angeles and San Francisco.
The new flights will begin in December.
Virgin America […]

Feds accept Forsyth Medical’s compliance plans

The federal Centers for Medicare and Medicaid Services in a letter to Forsyth Medical Center has accepted the hospital’s plan for correcting deficiencies the agency […]

BP: Biggest Player in deepwater oil

BP, the company responsible for the worst oil spill in U.S. history, is the largest operator of deepwater drilling systems in the Gulf of […]

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 […]

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 […]