CHARLOTTE, N.C. -- If Whole Foods were to sell a city, the proposal might look like how local booster Dan Murrey pitches Charlotte. In Murrey's tellin...
CHARLOTTE, N.C. (AP) — Cincinnati Bengals receiver Chris Henry has died, one day after falling out of the back of a pickup truck in what authori...
NEW YORK — Bank of America Corp. is sending notices to a limited number of customers that it will start charging an annual fee for some of its rewards credit cards starting next year.
The $29 fee will be applied every February, according to a letter sent to a customer and obtained by the Associated Press.
"We're testing this to see what the feedback is. In terms of any plans going forward, we haven't made any decisions," said Betty Riess, a spokeswoman for Bank of America. She said the fee is being "tested" on 1 percent of its credit card accounts globally, but declined to give specific numbers.
PORTLAND, Maine — FairPoint Communications Inc. filed for Chapter 11 bankruptcy protection Monday barely 18 months after becoming northern New England's dominant telecommunications company, fulfilling critics' predictions that the company wasn't up to the task.
The company said it voluntarily filed for bankruptcy after agreeing on a deal with key lenders that would lower its debt by about 62 percent.
FairPoint, based in Charlotte, N.C., owns and operates phone companies in 18 states with a total of 1.65 million lines. Its largest holdings are in Maine, New Hampshire and Vermont, where it bought Verizon Communications Inc.'s land lines and Internet network for $2.3 billion in 2008.
FairPoint has been struggling under a large debt and falling revenues, as well as customer-service, billing and other problems since switching over to its own computer systems in northern New England nine months ago.
The bankruptcy filing was widely anticipated as the company has negotiated with banks and bondholders to restructure its debt.
CHARLOTTE, N.C. (AP) — Cincinnati Bengals receiver Chris Henry has died, one day after suffering serious injuries upon falling out of the back o...
RALEIGH, N.C. — Premier Inc., a health care purchasing and data company, announced Wednesday it's moving its headquarters from California to Charlotte while increasing its work in North Carolina's largest city by 300 jobs.
A state economic incentives panel approved an agreement with Premier that could pay the company $4.1 million over the next nine years if it creates the jobs over the next five, keeps them through 2018 and meets investment targets.
Premier, with 750 of its 1,250 workers already based out of Charlotte, will shift its headquarters from San Diego to Charlotte in part because many executive team members and its three divisions already are there, company spokesman Alven Weil said.
The new jobs will be created due to the company's growth and aren't being transferred to Charlotte from San Diego, Weil said.
Premier is owned by more than 200 not-for-profit hospitals and health care systems that share clinical information and leverage purchasing on everything from syringes to imaging equipment to reduce costs. The alliance works with more than 2,200 hospitals and 63,000 health care providers.