North Carolina Business News

Valero Energy Corp. said Friday it will permanently shut down its Delaware City, Del., refinery, which had been losing $1 million a day this year. It is the biggest refinery shutdown in the country this year...San Antonio-based Valero, the nation's...

North Carolina residents who want to improve their computer skills so they can improve their lot in the work force...North Carolina residents who want to improve their computer skills so they can improve their lot in the work force. Gov....

The three are among 18 companies receiving nearly $1.4 million in stimulus grants announced by Gov. Bev Perdue...Sen. Kay Hagan, D-N.C., announced more than $1 million in grants...Meanwhile, Perdue, like Hagan a Democrat, announced grants of up to $100,000 to...

Even as the economy continues to struggle, much of Wall Street is minting money — and looking forward again to hefty bonuses. Many Americans wonder how this can possibly be. How can some banks be prospering so soon after a...

Thanks to Fool user Ali for the idea behind this latest Duelling Fools. He asked us what were the pros and cons for UK investors looking to buy into Warren Buffett's Berkshire Hathaway .  Considered by many people to be...

Home Depot Inc posted a higher-than-expected quarterly profit and raised its full-year outlook as the top home improvement chain cut costs to offset weak demand for big-ticket remodeling projects. Although the company is seeing "some positive signs of stabilization," Chief...

Chicago Cubs ' trip through bankruptcy court should be as quick as a 1-2-3 inning. The team, as anticipated, filed its Chapter 11 papers Monday as part of Tribune Co. 's plan to transfer control of the ballclub to the...

Dell Inc said it will close a North Carolina desktop computer manufacturing plant early next year, laying off 905 workers, as the world's No. PC maker continues to shed jobs and streamline its business as its copes with declining sales...

A Delaware bankruptcy judge approved the sale of the Sun-Times Media Group Inc. to a group of investors led by Chicago financier Jim Tyree, breathing new life into a company that entered bankruptcy six months ago...Bankruptcy Judge Christopher Sontchi gave...

Bank of America Corp. plans to select an emergency CEO this week in case Ken Lewis steps down before the end of the year, The Wall Street Journal reported Monday. Last week, the bank said Lewis plans to retire Dec...But...