Piedmont Natural Gas Co. Inc. reports net income of $113.7 million, or $1.55 per diluted share, its first fiscal quarter that ended Jan. 31. The Charlotte-based company earned $80.9 million, or $1.10 per diluted share, for the same period in fiscal 2009. (PNY)
Siemens Energy will invest at least $170 million to expand a gas turbine manufacturing facility that will create 825 new jobs in Charlotte in the next five years.
The N.C. Department of Transportation has awarded 30 highway and rail contracts valued at $165.9 million, including eight projects funded through the American Recovery and Reinvestment Act.
Coca-Cola Bottling Co. Consolidated reports a net loss of $2.76 million for its fourth fiscal quarter, or 29 cents per fully diluted share, down from a gain of $2.72 million, or 29 cents per fully diluted share, in the corresponding period in fiscal 2008. (COKE)
Speedway Motorsports Inc. reports a fourth-quarter net loss of $15.2 million, or 36 cents per fully diluted share, down from a net loss of $4.89 million, or 11 cents per fully diluted share, in the last quarter of 2008. (TRK)
He was a dead-man walking just a few months ago, but Vikram Pandit, the long embattled CEO of Citigroup (C) has made a comeback, and is expected to remain in the job for the foreseeable future.
HSBC said the theft of Swiss client data at the heart of a recent tax dispute with France was vastly larger than it had previously acknowledged, involving at least 24,000 clients.
The administration?s announcement comes as America?s trade deficit narrowed in January, largely because of a drop in spending on oil and cars and a decrease in exports like airplanes.
Foursquare, a location-based social network, is rolling out new tools that will give businesses more information about their customers and allow them to target special offers.
In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores
The media giant is selling its analytical expertise to baseball fans, and Major League Baseball teams. Can a Bloomberg consumer business hit it out of the park?
In her new book, The Economics of Integrity, journalist Anna Bernasek says trust is everywhere -- and that it's one of the most powerful economic assets we've got
In many countries nature is quickly sacrificed for wealth creation. But there is a cost to this loss and ignoring it, some experts contend, is "bad accounting."
Google is snapping up a handful of small tech companies as it prepares to launch its new Web-based operating system. The newest buy, online photo editor Picnik, fills some special needs
To get anxious home hunters to step up and buy, one company is offering to guarantee that buyers won't lose money. But this safety net doesn't come cheap
