Business & Economy

The last remnant of RBC Bank in the Triangle was removed earlier today. Governor Bev Perdue and others officially renamed the RBC Center the PNC Arena at a ceremony in Raleigh.

Dave DeWitt: Today, PNC officials and Governor Perdue were all smiles as the very last RBC sign came down, and a PNC Arena logo took its place. But tomorrow, the company is expected to start laying off employees in Raleigh and Rocky Mount – perhaps more than 600.

Governor Perdue says the job losses are a temporary setback.

Guilford County is suing some of the nation’s largest banks over forged mortgage documents.

Jeff Tiberii: Local officials want to put a stop to robo-signing. That’s the practice of third-party employees falsifying financial documents. It has been a national problem in the housing crisis. Register of Deeds Jeff Thigpen found more than 45-hundred mortgages in Guilford County that appear to have been forged.

North Carolina’s unemployment rate has remained over 10-percent for the past year.   Despite the high rate, one sector continues to experience growth.

Another North Carolina furniture maker is facing financial trouble. Jessica Jones reports Linwood furniture of Davidson County has filed for Chapter 11 bankruptcy.