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Ferguson and Company |
Triangle Area Business News
The News & Observer, Raleigh, North Carolina
Updated: 1 day 8 hours ago
Raleigh trader admits to Ponzi scheme
State officials are investigating a Raleigh man who admitted he was operating a home-based commodities trading business as a Ponzi scheme.
Lawmaker-ethics bill goes to House
One of the most sweeping ethics bills covering the personal financial activities of congressional and executive branch employees is now headed to the House after the Senate gave overwhelming approval…
Jobless rate hinges on more than just hiring
For most people, the 8.3 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year.
Job growth puts rivals in tight spot
The burst of job growth in January gives President Barack Obama a fresh - but tricky - opportunity to revise the grim economic narrative of his presidency while offering Mitt…
Developer ends bid for 'sanctions'
Southern Durham Development has withdrawn its attempt to collect expenses and "sanctions" from plaintiffs in a lawsuit over the company's proposed 1,300-home development near Jordan Lake.
N.C. job reductions hit women, minorities hardest
Women and minorities were disproportionately hit by the budget cuts to state government last year, according to data provided by the state.
U.S. jobless rate reaches 3-year low of 8.3 percent
An unexpected burst of job growth last month helped drive down the unemployment rate to its lowest point in three years, raising hopes that the long-sluggish labor market is gaining…
Caterpillar draws a crowd at NCSU job fair
At a time when a handshake can make as big of an impression as a résumé, N.C. State students and alumni are taking advantage of every opportunity to give out…
Super Bowl ads: Hail Marys, or failed punts
Companies hope you'll be gabbing about their Super Bowl ads on Monday morning. But the ultimate score is if those conversations continue throughout the year.
Chapter 11 for building owner
The owner of two prominent office buildings near the RBC Center in West Raleigh has filed for Chapter 11 bankruptcy.
Cree to create, spread LED icons
Certain symbols have become universally recognizable in society, like the Christian fish that adorns many a bumper sticker, or the rainbow flag displayed in support of gay rights.
State pension fund up 2% in '11
Last year's market volatility made for a small return for the state pension fund, which gained just over 2 percent in 2011.
IBM CEO makes $1.5 million salary
Virginia "Ginni" Rometty's salary almost doubled to $1.5 million after she was promoted to CEO of IBM, the world's largest computer-services provider, at the start of this year, according to…
Survey foretells record Valentine's Day spending
You can't buy love, but that isn't stopping Americans from spending plenty on jewelry, flowers, candy and dinner out this Valentine's Day, according to a report released this week.
Dow rises after jobs report
A drop in the unemployment rate to its lowest in three years propelled the Dow Jones industrial average Friday to its highest close since before the 2008 financial crisis. The…
Raleigh man investigated in ponzi scheme
A Raleigh man is being investigated under the suspicion that he was running a Ponzi scheme out of his home.
N.C. listed in Michael Foods egg recall
A Minnesota food company is widening its recall of hard-cooked eggs because of a potential for listeria contamination.
Pew study: Facebook users get more than they give
A new study out Friday found that the average user of Facebook gets more than they give. That means more messages, more "likes" and more comments. Yes, even more "pokes."
World stock markets fall ahead of US jobs report
World stock markets were mostly lower Friday ahead of a U.S. jobs report that is a key gauge of how robust the world's No. 1 economy is.
Hiring surges in January; jobless rate at 8.3 pct.
In a long-awaited surge of hiring, companies added 243,000 jobs in January - across the economy, up and down the pay scale and far more than just about anyone expected.