Where News Facts Matter
For real-time updates on major company announcements, market movements, and economic developments, follow business news live. Keep up with the times in the corporate world.
HIGH POINT, N.C. — After revealing its plans to cease operations last month, clock manufacturer Howard Miller has submitted notices to the state announcing the planned closure of facilities in … Read More
Jeff Bezos created Amazon.com as an online bookstore, with funding from his mother and adoptive father. WASHINGTON — The mother of Amazon founder and CEO Jeff Bezos has died. Jacklyn … Read More
The company claims customers will save more than $1 billion in future costs and see no bill or service changes before 2027. CHARLOTTE, N.C. — Duke Energy is asking state and … Read More
Organizations everywhere are struggling due to federal budget cuts and less donations but some are finding ways to serve their communities. CHARLOTTE, N.C. — From Charlotte’s main homeless shelter, to … Read More
ATI recently announced long-term agreements with Airbus and Boeing for materials made at the site. PAGELAND, S.C. — ATI Inc., a global aerospace and defense company, has opened a new … Read More
Carolina Hurricanes owner Tom Dundon has a tentative deal to buy the NBA team from Paul Allen’s estate, with plans to keep the team in Portland. PORTLAND, Ore. — Tom … Read More
HanesBrands shareholders will receive 0.102 common shares of Gildan and 80 cents in cash for each share of HanesBrands common stock. WINSTON-SALEM, N.C. — Gildan Activewear is buying the struggling … Read More
The first phase of the investment will begin at plants in Kentucky, Alabama, Georgia, Tennessee and South Carolina. LOUISVILLE, Ky. — GE Appliances plans to shift production of refrigerators, gas … Read More
The U.S. subsidiary of Berlin-based Trench Group GmbH will invest more than $50 million over the next five years to build the facility. CHARLOTTE, N.C. — Germany-based HSP broke ground … Read More
The aim is to boost local foot traffic and simplify enforcement. MOORESVILLE, N.C. — Visitors to downtown Mooresville could soon have more room to walk with a drink in hand. … Read More
