The fall of the British pound continues to buoy global earnings for GlaxoSmithKline, the nation’s largest drugmaker, which Wednesday reported an 8 percent boost in worldwide sales and a 13 percent boost in its operating profit.
AT&T will shutter a Goldsboro call center that once employed 400 people and was established to repatriate American jobs from foreign countries – a condition of federal approval of AT&T acquiring BellSouth.
Wells Fargo & Company Chief Executive Officer Tim Sloan discussed the bank’s recent sales scandal with about 700 of the San Francisco bank’s employees during a town hall-style meeting in Charlotte on Tuesday.
North Carolina’s House Bill 2 played a deciding role in a Washington-based real estate company choosing Richmond, Va., over Charlotte for a 730-job expansion, real estate sources told the Observer Tuesday.
Samsung Electronics said Thursday that it has confirmed 140 cases of the Galaxy Note 7 smartphone overheating or catching fire. Samsung's President Shin Jong-kyun apologized at a meeting with shareholders, saying the company still does not know what is causing the problem.
Nokia says it made a net loss in the third quarter and saw a 12-percent drop in sales amid a downturn in the networks industry, as the company reported combined results after the acquisition of Alcatel-Lucent.
A woman in a Chicago Cubs jersey climbed onto a man's shoulders to pose for — what else? — a selfie in front of the cherry-red marquee at Wrigley Field, the second-oldest ballpark in the major leagues.
Deutsche Bank, under pressure from an impending settlement with the U.S. Justice Department, reported 278 million euros ($303 million) in net profit for the third quarter as it strengthened its financial buffers against loss.
About 500 power trucks from contracted by Duke Energy roll out of the Coastal Credit Union Music Park at Walnut Creek Monday, October 10, 2016 in Raleigh, N.C. to help restore power in central and eastern North Carolina following Hurricane Matthew. (No Audio)
500 power trucks roll out to help restore power after Hurricane Matthew
Gas station manager shares his take on the southeastern gas shortage
Elizabeth Warren to Wells Fargo CEO: 'You should resign'
Why are gas stations in NC out of gas? The Colonial Pipeline Spill explained.