|
Humpy Wheeler seeks to help laid-off racing workers
It's estimated that more than 700 people have recently lost NASCAR-related jobs as team sponsorships dwindle. Humpy Wheeler, the former president of Speedway Motorsports, has formed a task force to help unemployed fabricators, welders and other skilled laborers find jobs.
 More  Listen
|
Judge hears arguments in challenge to Wachovia-Wells Fargo deal
After three hours of arguments in a
Charlotte courtroom Monday a judge did not rule on a lawsuit that challenges how the Wells Fargo takeover of Wachovia is proceeding. A shareholder wants a North Carolina Business Court judge to strike parts of an agreement between the two banks that gives Wells Fargo special shareholder voting rights.
More Listen
|
Goodyear's Bad Year in NASCAR
NASCAR wraps up the 2008 season this weekend in Miami. Just like any year, the millions of advertising dollars companies spent this season to put their name in front of NASCAR fans played a huge role in the sport. But for a few sponsors, like tire-maker Goodyear, their associations each year are based on performance. And this year performance was, at times, poor. For WFAE's Carolinas Business Bureau, Scott Graf looks at Goodyear's bad year.
More Listen
|
Bob Steel Speaks
Wachovia CEO Bob Steel made his first public address to the Charlotte community this morning. Hundreds of business people came to the Business Journal's annual Power Breakfast hoping for new details on the bank's fate, and how it might affect their own. WFAE's Julie Rose reports.
More Listen
|
Scaring Up Bigfoot for Halloween
It's a scary time to be in retail right now, with the economy in a slump and consumer spending down. But if scary is your business, you're in luck. Sales of costumes, candy and decor are up. WFAE's Julie Rose profiles a Charlotte company riding high on Halloween.
More Listen
|
Citigroup, FDIC Object to Wells Fargo's Purchase of Wachovia
This morning we learned Wells Fargo plans to buy Wachovia in its entirety for $15 billion dollars without help from the federal government.
Now, Citigroup and the FDIC are objecting to the deal. The head of the FDIC told the Associated Press that it stands behind Citigroup's agreement to buy portions of Wachovia for $2.2 billion dollars.
More Listen
|
Citigroup Cries Foul
Wachovia's new plan to merge with Wells Fargo is not sitting well with Citigroup, which claims it has an exclusive agreement with the Charlotte bank. Executives at both Wells Fargo and Wachovia are saying little about the possible conflict. WFAE's Julie Rose reports.
More Listen
|
Citi-Wachovia Deal Leaves Charlotte Wondering
Charlotte is under a cloud of uncertainty in the wake of yesterday's announcement of Citigroup's planed $2.2 billion acquisition of Wachovia's banking assets. WFAE's Simone Orendain reports on the impact of the acquisition on the Queen City.
More Listen
|
Citi-Wachovia Deal Leaves Charlotte Wondering
Charlotte is under a cloud of uncertainty in the wake of yesterday's announcement of Citigroup's planed $2.2 billion acquisition of Wachovia's banking assets. WFAE's Simone Orendain reports on the impact of the acquisition on the Queen City.
More Listen
|
What Would Wachovia-Morgan Stanley Deal Look Like?
Charlotte-based Wachovia is reportedly among the financial companies talking with investment firm Morgan Stanley about a possible merger. For some perspective on the prospects for such a deal, WFAE's Mark Rumsey spoke with Will Boye, banking reporter for the Charlotte Business Journal.
More Listen
|
Analysts Weigh in on BofA - Bull Deal
Bank of America's stock plunged 21-percent yesterday after it announced a $50 billion all stock acquisition of Merrill Lynch. The deal is getting mixed reviews from analysts. WFAE's Simone Orendain reports.
More Listen
|
|
 |
|
|
