CHARLOTTE, N.C. (AP) _ Erskine Bowles, who lost last year's U.S. Senate race to Republican Elizabeth Dole, is going to give the job another try, The Charlotte Observer reported Wednesday on its Web site.

Bowles, a Democrat and former White House chief of staff, would run for the seat being vacated by U.S. Sen. John Edwards, who is seeking the Democratic nomination for president.

The Observer, without citing a source, said Bowles would announce his candidacy on Thursday.

Edwards said this month he wouldn't seek re-election to the Senate while he runs for president, which is allowed under North Carolina law.

No other Democrats have yet announced they will run for Edwards' seat. U.S. Rep. Richard Burr of Winston-Salem is seeking the GOP nomination.

Bowles, an investment banker, was the Democratic nominee in 2002 to replace Republican U.S. Sen. Jesse Helms, who chose not to run again.