Business

Navigate the fast-paced world of commerce with our Business news section, offering detailed analysis and updates on the latest market trends, economic shifts, and corporate developments. Whether you’re interested in the stock market, financial regulations, small business growth, or global trade, we provide in-depth coverage that keeps you ahead of the curve. Our business news is designed to help you make informed decisions with expert insights and timely updates on the forces driving the economy today.

Concord energy storage firm to add 200 jobs, invest $251 million in plant

Energy storage company Alevo announced an expansion Tuesday of its Concord production plant that will add 200 new jobs over five years and more...

Home prices rise in December in Charlotte and beyond

Keeping pace with other major metropolitan markets, Charlotte home prices rose steadily in December, as potential buyers competed for a limited number of homes,...

Amazon Web Services are down, affecting multiple websites | Toronto Star

If you’re experiencing some problems getting around the Internet today, that may be because of an outage currently affecting Amazon Web Services, the Amazon-owned...

Bank of America exec Bessant to head committee over North Tryon revitalization

Bank of America executive Cathy Bessant will chair the advisory committee overseeing a previously announced plan for reshaping a 50-square-block area of uptown, county...

TransCanada suspends $15-billion NAFTA suit on Keystone XL pipeline | Toronto Star

CALGARY—TransCanada Corp. has suspended a $15-billion lawsuit against the United States centring on its Keystone XL pipeline after U.S. President Donald Trump indicated that...

Toronto’s home prices in line with other world cities | Toronto Star

Bubble. What bubble? Toronto's soaring home prices are in line with the reality of other world cities such as New York, Hong Kong and...

Valeant turnaround efforts undercut by sales slump | Toronto Star

NEW YORK—Valeant Pharmaceuticals International Inc.’s turnaround still has a long way to go.The drugmaker reported a sharp drop in sales last quarter, and still...

SoftBank invests $1.7B to combine OneWeb, Intelsat into satellite behemoth

SoftBank, the Tokyo-based telecommunications firm that owns Sprint, is investing $1.7 billion to combine Intelsat, a Luxembourg-based satellite company that has offices largely in...

Harris launches effort to expand drone-safe flying zones

Hurricane cleanup efforts and other operations that could be enhanced by wider drone flights might get some help soon.Melbourne-based Harris Corp. and partners announced...

Gaylord Palms Resort finishes water park improvements

Gaylord Palms Resort and Convention Center finished a $4.2 million renovation at the Cypress Springs Water Park, adding three new waterslides and a double...

To Be Young And Rich: Millennials With $100,000 In Investable Assets Taking Over US...

Millennials who graduated during the Great Depression's bust have cobbled together enough cash to become some of the richest people in the nation. These...

China Causing Climate Change? Myths Surround Country's Role In Causing Energy Problems, More Carbon...

China has long been blamed for its contribution to climate change due to extensive manufacturing and the burning of fossil fuels. But according to...

Hootsuite’s status as a ‘unicorn’ tech venture in question | Toronto Star

For more than two years, it has been widely accepted that Hootsuite is one of Canada’s very few unicorns — startups worth at least...

Competitive gains drive Bank of Canada’s caution on loonie | Toronto Star

OTTAWA—Bank of Canada Governor Stephen Poloz has been keen to point out how much weaker his country’s economy is relative to the U.S., ostensibly...

SeaWorld posts $12 million loss amid attendance drop

SeaWorld Entertainment, the parent of such theme park franchises at SeaWorld and Busch Gardens, reported a loss in its fourth quarter on slightly lower...

Widespread harassment alleged at Sterling Jewelers, conglomerate behind Jared and Kay Jewelers

Hundreds of former employees of Sterling Jewelers, the multibillion-dollar conglomerate behind Jared the Galleria of Jewelry and Kay Jewelers, claim that its chief executive...

SeaWorld attendance, revenue dip in fourth quarter

As they reported continued declines in revenue and attendance Tuesday, SeaWorld Entertainment executives vowed to push for improved financial performance through a combination of...

Florida Hospital buys Maitland office building along I-4

Florida Hospital purchased a Maitland office building next to Interstate 4 for $3.3 million, with plans for support staff to work there, according to the...

Survey: Consumer confidence in Florida drops after high mark

Consumer confidence in Florida is dropping after reaching some of its highest levels since the Great Recession. The monthly University of Florida consumer survey...

The new iPhone is coming with some big changes

Apple’s upcoming iPhone will reportedly feature a curved screen — and will cost about $1,000.The new model slated for release this fall, rumored to...

Valeant shares tank despite better-than-expected 4Q results

Investors weren’t buying Valeant boss Joseph Papa’s promises of a “new Valeant” Tuesday morning.Despite beating analyst estimates, shares of the beleaguered pharmaceutical giant fell...

Comcast NBCUniversal to buy the rest of Universal Studios Japan for $2.3 billion

Comcast NBCUniversal announced plans Tuesday to spend $2.3 billion to buy the remaining shares of the Universal Studios theme park in Japan.The move is...

When Do Tax Refunds Come In 2017? Schedules for IRS Payments And The Quickest...

The day has arrived: Americans can begin to expect the arrival of their Internal Revenue Service refunds, millions of which the federal tax agency...

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