Business Briefs

13 North Carolina companies crack latest Fortune 500 list

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RALEIGH, N.C. — Thirteen North Carolina-based companies cracked the latest “Fortune 500” list that is published annually by the financial magazine.

Bank of America rose two spots to No. 9.

The next highest firm is Lowe’s at 47, an improvement of one spot from last year.

Duke Power remained 204th.

BB&T fell 10 spots to No. 260.

Progress Energy, meanwhile, fell 40 spots to No. 288.

For the complete list, see the Fortune 500 Web site.

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