Charlotte Observer: Business
- US stocks holding near record highs in afternoon trading
Wednesday - 02/25/2015 - 12:48 PMMajor stock indexes hovered slightly above their record closing highs in afternoon trading Wednesday. Traders had their eye on a mix of corporate earnings news, as well as the second…Click to Continue »
More | Talk | Read It Later | Share - Charlotte gas prices continue to climb
Wednesday - 02/25/2015 - 07:12 AMAs of early Wednesday, the average price for a gallon of unleaded gas in Charlotte is $2.24, up from $2.19 a week ago and $2 a month ago, auto group…Click to Continue »
More | Talk | Read It Later | Share - Longtime Coke executive Donald Keough dies at 88
Tuesday - 02/24/2015 - 07:08 PMDonald Keough, who steered Coca-Cola through the "cola wars" of the 1980s, died Tuesday in Atlanta, the company said. He was 88.Click to Continue »
More | Talk | Read It Later | Share - Comcast confident that Time Warner deal will be approved
Tuesday - 02/24/2015 - 01:11 PMComcast chief executive Brian Roberts said Tuesday that he expects the federal government to approve his companys $45 billion bid to buy Time Warner Cable and that the deal will…Click to Continue »
More | Talk | Read It Later | Share - US stocks drift higher as Yellen testifies before Congress
Tuesday - 02/24/2015 - 12:49 PMMajor U.S. stock indexes edged higher in morning trading Tuesday as investors monitored Federal Reserve Chair Janet Yellen's remarks before Congress on interest rate policy and the economy. Strong earnings…Click to Continue »
More | Talk | Read It Later | Share - Charlotte home values rise by 3.5 percent in December
Tuesday - 02/24/2015 - 09:47 AMThe Standard & Poor's/Case-Shiller Home Price Indices, showed that home values in Charlotte rose 3.5 percent in December compared with a year earlier. Nationwide, prices rose 4.5 percent.Click to Continue »
More | Talk | Read It Later | Share - SC judge denies request for stay in Fort Mill hospital appeal
Monday - 02/23/2015 - 08:37 PMA South Carolina administrative law judge has denied Carolinas HealthCare System?s request to issue a stay in awarding a certificate of need to Piedmont Medical Center for a Fort Mill…Click to Continue »
More | Talk | Read It Later | Share - Charlotte Marriott City Center to lay off 68
Monday - 02/23/2015 - 02:02 PMThe layoffs at the West Trade Street hotel are resulting from a renovation that begins next month, according to a notice filed Monday with the state commerce department.Click to Continue »
More | Talk | Read It Later | Share - Charlotte sees a rise in ATM ‘skimming’ crimes
Monday - 02/23/2015 - 06:00 AMSkimming, the use of equipment to steal bank account information from people as they use ATMs and pay at gas pumps, is increasing in the Charlotte metropolitan area, according to…Click to Continue »
More | Talk | Read It Later | Share - US gas prices jump 13 cents a gallon, 26 cents in last month
Sunday - 02/22/2015 - 04:07 PMThe average price of a regular gallon of gas jumped 13 cents in the past two weeks to $2.33, repeating the hike seen two weeks prior for a total 26…Click to Continue »
More | Talk | Read It Later | Share
- Dollar Tree: approval on store closures could come in early March
Wednesday - 02/25/2015 - 09:58 AMVirginia-based Dollar Tree said it expects ?no more than roughly 300 stores? will be sold to get anti-trust approval from the Federal Trade Commission, and that a deal could be…Click to Continue »
More | Talk | Read It Later | Share - Lowe’s Cos. reports better-than-expected Q4 earnings
Wednesday - 02/25/2015 - 08:28 AMLowe?s reported net earnings of $450 million, or 46 cents a share, 2 cents higher than the average estimate of Bloomberg-surveyed analysts. Earnings were up 47 percent from the same…Click to Continue »
More | Talk | Read It Later | Share - US stocks drift higher as Yellen testifies before Congress
Tuesday - 02/24/2015 - 11:56 AMMajor U.S. stock indexes edged mostly higher in afternoon trading Tuesday. Investors were considering the implications of the latest update on interest rate policy and the economy from the Federal…Click to Continue »
More | Talk | Read It Later | Share - US stocks drift in early trading ahead of Yellen remarks
Tuesday - 02/24/2015 - 10:11 AMU.S. stock indexes are drifting between small gains and losses in early trading as investors continue to watch for news from Greece and the Federal Reserve.Click to Continue »
More | Talk | Read It Later | Share - Sonic Automotive Q4 profits beat expectations
Tuesday - 02/24/2015 - 09:01 AMCharlotte-based Sonic Automotive reported fourth-quarter earnings Tuesday that beat expectations but were lower than the same quarter in 2013 thanks in part to costs to open a chain of used…Click to Continue »
More | Talk | Read It Later | Share - Survey: Uninsured rate hit new low in 2014
Tuesday - 02/24/2015 - 07:24 AMThe share of Americans without health insurance dropped to its lowest level in seven years in 2014 as President Barack Obama's overhaul took full effect, according to an extensive survey…Click to Continue »
More | Talk | Read It Later | Share - Tobacco companies fighting over claims on smoking's effects
Monday - 02/23/2015 - 02:01 PMAmerica's biggest tobacco companies asked a federal appeals court Monday to set aside a series of court-ordered advertisements saying they lied about the dangers of smoking.Click to Continue »
More | Talk | Read It Later | Share - U.S. home sales plunge 4.9 percent in January
Monday - 02/23/2015 - 10:31 AMJanuary figures from the National Association of Realtors show existing home sales are down to their lowest level since April 2014.Click to Continue »
More | Talk | Read It Later | Share - Valeant agrees to buy Salix for about $10 billion in cash
Sunday - 02/22/2015 - 09:12 PMCanadian drugmaker Valeant Pharmaceuticals International Inc. has agreed to buy Salix Pharmaceuticals Ltd. for about $10 billion in cash.Click to Continue »
More | Talk | Read It Later | Share - New NoDa bar to feature craft beer and arcade games
Sunday - 02/22/2015 - 12:00 AMAbari, a new Charlotte bar, combines what might be the nostalgic millennial's dream: craft beer and arcade games in NoDa.Click to Continue »
More | Talk | Read It Later | Share
- LendingTree swings to a profit in the 4th quarter
Wednesday - 02/25/2015 - 12:36 PMThe Ballantyne-based company said Wednesday it made profit of $15.6 million in the quarter, compared with a loss of $202,000 a year ago, as it boosted its revenue and saw…Click to Continue »
More | Talk | Read It Later | Share - Longtime Coke executive Donald Keough dies at 88
Tuesday - 02/24/2015 - 08:30 PMDonald Keough, who steered Coca-Cola through the ?cola wars? of the 1980s, died Tuesday in Atlanta, the company said. He was 88.Click to Continue »
More | Talk | Read It Later | Share - Anthem breach will affect 775K in N.C.
Tuesday - 02/24/2015 - 05:44 PMA massive data breach that compromised the personal information of nearly 80 million people will affect 775,606 health insurance users in North Carolina, according to Anthem, the insurer targeted in…Click to Continue »
More | Talk | Read It Later | Share - Yellen to Hill: It’s getting better all the time
Tuesday - 02/24/2015 - 11:56 AMEconomic tailwinds from a strong second half of 2014 are likely to knock down the unemployment rate even further in coming months, Federal Reserve Chair Janet Yellen said in testimony…Click to Continue »
More | Talk | Read It Later | Share - Macy's 4Q earnings slip 2 pct but top analyst expectations
Tuesday - 02/24/2015 - 08:53 AMMacy's topped analyst expectations in the final quarter of fiscal 2014 but started the new year with a forecast that fell short of the consensus on Wall Street.Click to Continue »
More | Talk | Read It Later | Share - Charlotte City Council approves Google Fiber lease plans
Monday - 02/23/2015 - 11:28 PMCharlotte took its first concrete step toward the installation of ultra-high speed fiber Internet service Monday, when the City Council authorized a 20-year lease with the tech giant Google for…Click to Continue »
More | Talk | Read It Later | Share - US home sales plunge 4.9 percent in January
Monday - 02/23/2015 - 01:18 PMU.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.Click to Continue »
More | Talk | Read It Later | Share - Japanese chemical company to buy Charlotte-based Polypore
Monday - 02/23/2015 - 08:48 AMAsahi Kasei will pay $60.50 per share in cash in a deal that gives Polypore an enterprise value of $3.2 billion, Bloomberg reported. The deal is an effort by the…Click to Continue »
More | Talk | Read It Later | Share - Obama to announce retirement account change
Monday - 02/23/2015 - 07:00 AMPresident Barack Obama will head to the AARP Monday afternoon to announce a change in policies affecting retirement accounts -- part of a series of moves the White House says…Click to Continue »
More | Talk | Read It Later | Share - Federal charges filed against Duke Energy
Saturday - 02/21/2015 - 11:22 AMFederal prosecutors Friday filed nine criminal charges accusing Duke Energy of violating the Clean Water Act by polluting four of the state?s rivers with coal ash.Click to Continue »
More | Talk | Read It Later | Share