NEW YORK — PNC Bank is the latest large U.S. financial services company to increase wages in a bid to keep and attract employees, raising its minimum wage to $18 an hour while also giving […]
Peloton has been subpoenaed by the Justice Department and the Department of Homeland Security for documents and other information related to its reporting of injuries associated with its exercise equipment. The company also said Friday […]
NEW YORK — Walmart raised its sales outlook for the year as Americans returned to shopping for back-to-school clothes and travel goods during the second quarter. Still, concerns are mounting over how shoppers will behave […]
PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint […]
CARY – SAS intends to go public by 2024, according to a statement from the company Thursday. “By moving toward IPO readiness, we can open up new opportunities for SAS employees, customers, partners and our […]
Of the 2 million people clogging airport security lines and gate areas again each day, one crowd is still largely missing: business travelers. Their absence is noteworthy because they are a key source of revenue […]
PHILADELPHIA — Triple H walked with his arms crossed like an X — his signature Degeneration X symbol — with his 7-foot tag-team partner, Joel Embiid, to ring a ceremonial bell last month before a […]
RALEIGH and NEW YORK—First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, jointly announced last week that the proposal to merge the two companies has […]
Billionaire Bill Ackman is walking away from a deal announced last month that would have given him a 10% stake in Universal Music Group, the label that is home to Taylor Swift, Billie Eilish, Lady […]
RALEIGH – North Carolina has jumped one spot to No. 2 on CNBC’s “America’s Top States for Business,” its best performance in the annual ranking since it was introduced in 2007 by the business network. […]
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