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. […]
RALEIGH — Jim Whitehurst, who came to lead Raleigh-based Red Hat in January 2008 and directed the open source and Linux company through an acquisition by IBM in July of 2019, is now out at […]
GRAND RAPIDS, Mich. — The coronavirus already changed the way we work. Now it’s changing the physical space, too. Many companies are making adjustments to their offices to help employees feel safer as they return […]
Maybe you’re cringing at the thought of going back to an office. The seed of a business idea floats around in your head between work videoconference calls, after the kids are asleep or while you […]
RALEIGH – The continuing trouble employers are having to fill the jobs gap in the state economy has business leaders and state legislators searching for the right mix of incentives and talent. Advertisements for jobs […]
CHARLOTTE — An Associated Press and executive data firm Equilar survey tallied CEO pay across publicly traded companies to determine the highest-paid CEO in each state. To calculate CEO pay, Equilar added salary, bonus, stock […]
Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday on the Nasdaq stock exchange, capitalizing on a global surge in demand for its products. Oatly priced its […]
SAN RAMON, Calif. — Apple CEO Tim Cook will take the witness stand this Friday in a high-stakes courtroom battle over the lucrative commissions the iPhone maker has been raking in from its mobile app […]
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