Economy
July 12, 2012 -
Before its purchase by Wells Fargo, North Carolina-based Wachovia laundered over $378 billion for illegal drug organizations -- and paid just $160 million in fines. It's part of a broader and disturbing trend in the U.S. banking industry.
July 10, 2012 -
The recent jobs report showed the economy continues to struggle. Many of the states that have seen the biggest job gains are in the South -- but that likely won't help Obama much in November.
July 9, 2012 -
Offshoring has been a boon to corporate profits, but it has left North Carolina's economy struggling, according to a new report by the NC Budget & Tax Center.
July 6, 2012 -
Mississippi's revised workers' compensation law went into effect this month, putting the burden on workers to prove injuries are job-related. The Republican governor says it shows corporations that the state is the "most job-friendly environment in America."
July 6, 2012 -
If you live in the South, it's harder to move up the earnings ladder -- but easier to move down.
July 3, 2012 -
Environmental and press watchdogs say Duke Energy is violating public records laws by keeping secret the special rate deals it negotiated with 17 major customers to win their support for the merger, which got final regulatory approval yesterday. In addition, regulators are questioning a surprise change in leadership at the newly merged company.
July 3, 2012 -
Out of the tragedy of the 2010 BP oil disaster we could soon see new opportunities emerge thanks to the passage of a federal law directing fines back to the region.
