Target CEO Brian Cornell to step down next year
The new CEO is taking over at time when Target’s sales are in a funk, its stores are messy and understocked, and it’s losing market share to rivals like Walmart. … Read More
Category: Business
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Dunkin’ launches fall menu with new and returning favorites
Starting on Aug. 20, customers at Dunkin’ locations around the U.S. can select from the company’s fall menu. WASHINGTON — It’s that time of year again. Fall is right around … Read More
Nexstar to acquire TEGNA in $6.2 billion deal, forming nation’s largest local media company
The merger will establish the country’s largest local broadcasting company, combining 265 television stations across 44 states and Washington, D.C. TYSONS, Va. — Nexstar Media Group announced Tuesday that it … Read More
Hornets president honored at Charlotte’s Maya Angelou women’s leadership event
Shelly Cayette-Weston brings championship experience to Charlotte and emphasizes that ‘anything is possible’ for the next generation of women leaders. CHARLOTTE, N.C. — Charlotte Hornets President of Business Operations Shelly … Read More
Protesters demand Wells Fargo reinstate DEI, climate initiatives
The demonstration was part of a national push to bring attention to changes the company has made this year. CHARLOTTE, N.C. — Protesters gathered outside Wells Fargo’s Uptown headquarters Friday … Read More
Clock manufacturer Howard Miller to close facilities in High Point and Lexington
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
Jacklyn Bezos, Mother of Jeff Bezos, Dies after Lewy body dementia battle
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
Duke Energy asking for permission to combine 2 utilities into single entity
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
Nonprofits partner with local businesses to give children new experiences
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 launches Pageland titanium alloy sheet plant to supply Airbus and Boeing
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