United Way of Central Carolinas Inc. is delaying the release of information regarding former chief executive Gloria Pace King’s expense records.

Bank of America Corp. Chief Executive Kenneth Lewis is recommending to his board that he and his top executives not receive bonuses for 2008, according to an internal memo Lewis sent to BofA employees Tuesday. (BAC)

Ray Shaw, chairman of American City Business Journals, will receive the 2009 Distinguished Achievement Award from the Society of American Business Editors and Writers.

Longtime Charlotte car dealer Skipper Beck has been charged with soliciting prostitution. He has been ordered to appear in state court on Feb. 6.

Wells Fargo & Co. has purchased $730 million in loans and leases from General Electric Co. (WFC) (GE)

Compass Group North America of Charlotte has acquired Kimco Corp., an Illinois-based provider of support services to the business and industry sectors.

The unemployment rate in Mecklenburg County rose to 7.7 percent in November from 6.9 percent in October.

CSG Systems International Inc. has completed its acquisition of Quaero Corp., a Charlotte marketing and technology-services firm. (CSGS)

Initial public offerings by venture-capitalist-backed companies have hit their lowest point in three decades.

PokerTek Inc. has expanded its distribution agreement with Aristocrat Technologies Ltd. (PTEK)