SunTrust Banks Inc. will raise $1.4 billion through a stock offering in an effort to meet federal requirements for the bank to add capital. (STI)

Blue Cross and Blue Shield of North Carolina said Monday it has saved its members at least $15 million this year by waiving copays on generic prescription drugs.

The state’s insurance pool for patients at high risk for medical problems is seeking new members in the Triad.

Active Power Inc. has sold 6 million shares of common stock via a private placement that closed on May 29.

Lee Enterprises, parent of the St. Louis Post-Dispatch, is seeking a 23 percent wage cut from members of the newspaper’s union.

Kansas City Southern estimates it will pay about $8 million as a result of a Mexican appeals court’s ruling on a dispute between KC Southern’s Mexican subsidiary and Mancera Ernst & Young S.C. (KSU)