Italy opens procedure against China's Sinochem for possible breach of Pirelli governance
Italy has opened an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, ...
Fire destroys home on Old Byre Way in Apex
A fire destroyed a home overnight in Apex. The fire happened around midnight in the 1900 block of Old Byre Way. Sky 5 flew over the scene, and you can see just how badly damaged this home is. The ...
Sealed Air: Q3 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Sealed Air Corp. (SEE) on Thursday reported third-quarter earnings of $91.7 million. On a per-share basis, the Charlotte, North Carolina-based company ...
HanesBrands: Q3 Earnings Snapshot
For the current quarter ending in December, HanesBrands expects its per-share earnings to be 14 cents. The company said it expects revenue in the range of $900 million for the fiscal fourth quarter.
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At least 6 cars shot at in 3 days along I-40 in Wake County
Raleigh police are investigating a string of shootings that happened along Interstate 40 in Wake County this week.
Wolfspeed laying off hundreds. Company confirms most will be in NC
The Durham-based company said in a presentation to investors Wednesday that it was planning a 20% reduction in its current ...
The first combined IHOP-Applebee’s restaurant in the US will soon open in Texas
Craving a stack of IHOP pancakes with a side of Applebee’s riblets? That will soon become a reality in Texas with a new restaurant that unites the two chains under the same roof.
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Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
STOCKHOLM (AP) — Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade. STOCKHOLM (AP) — Sweden’s ...
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Democratic Sen. Tammy Baldwin will win reelection in Wisconsin, CNN projects
(CNN) — Sen. Tammy Baldwin will win reelection in Wisconsin, CNN projects, in a victory for Senate Democrats trying to defend the so-called blue wall states despite losing them at the presidential ...
Duke Energy: Q3 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Thursday reported third-quarter earnings of $1.28 billion. The Charlotte, North Carolina-based company said it had net income ...
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America now looks to the Fed for clues on future rate cuts
Washington (CNN) — The Federal Reserve is expected to announce Thursday it is cutting interest rates, a decision that comes just two days after a divisive and historic US presidential election. The ...
Janet Cowell preps for Raleigh mayor role, plans to focus on affordable housing
Janet Cowell, Raleigh's mayor-elect, attended Wednesday's city council meeting ahead of her official swearing-in ceremony on ...