RALEIGH — The U.S. economy still remains under threat from a spike in inflation, shortages of labor and supplies and the potential impact of the omicron variant of the coronavirus. But for now, Americans are […]
RALEIGH — North Carolina fought its way back this year. With wins across multiple sectors of our economy – manufacturing, life sciences, biotech, tourism and small business — our state has consistently shown that we […]
MILWAUKEE — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt […]
WASHINGTON, D.C. — U.S. home prices rose briskly in September, another sign that the housing market is booming in the aftermath of last year’s coronavirus recession. The S&P CoreLogic Case-Shiller 20-city home price climbed 19.1% […]
Johnson & Johnson is splitting into two companies, peeling off the division selling Band-Aids and Listerine from its medical device and prescription drug business. The world’s biggest maker of health care products, founded in 1886, […]
General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. It is the […]
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 […]
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