NEW YORK — It’s time to show the receipts, CEOs. For more than a year, investors have been pushing up stock prices, even though the pandemic caused profits to crater for companies. With COVID-19 vaccines […]
Big jumps in sales of prescription drugs and medical devices helped Johnson & Johnson boost its first-quarter profit nearly 7%, blowing past Wall Street forecasts. The health care giant on Tuesday raised and narrowed its […]
WASHINGTON, D.C. — The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession. […]
Innovation, education and a culture of collaboration are key drivers of the Triangle’s success and should give us hope for recovery beyond the pandemic. We continue to see growth across the life sciences, technology and […]
Think the best time to start a business is in a booming economy? Maybe. But some of the biggest business success stories in recent decades actually came from a good idea hatched during a recession. […]
OMAHA, Neb. — Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders. Buffett hardly even addressed the […]
NEW YORK — Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors. Costco CEO Craig Jelinek announced the increase Thursday at a Senate Budget Committee hearing, led by […]
SAN RAMON, Calif. — Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the videoconferencing service’s immense popularity will fade as more people return to classrooms, offices and other places […]
NEW YORK — Kohl’s is fighting back against an investor group’s efforts to take control of the department store chain’s board, arguing that it would derail its progress and momentum. The response, issued Monday, comes […]
MOORESVILLE — Lowe’s Cos. extended its strong sales streak through the holiday season as customers kept investing in their homes during the pandemic. The nation’s second largest home improvement retailer behind Home Depot reported that […]
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