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The former Philip Morris plant site in Concord will apparently become home to an electric battery manufacturing operation, according to help wanted ads placed online by the firm.
U.S. stocks edged mostly higher in afternoon trading Wednesday as investors waited for a Federal Reserve statement on interest rates following a two-day meeting. Stocks of home builders jumped after a rise in confidence in the new home market.
U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.

UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season — an increase from last year, when the company was caught unprepared for a boom in online shopping.

Family Dollar’s board of directors told shareholders Wednesday not to sell their stock to rival Dollar General, which is trying to buy the Matthews-based discount retailer in a $9.1 billion hostile bid.

Bank of America and Wells Fargo say their capital levels would remain above regulatory minimums in the event of a hypothetical, “severely adverse” economic downturn.

Ralph Broome, a licensed hypnotherapist and U.S. Army veteran, opened Carolina Preppers & Survivors supply shop last month to appeal to campers, outdoor enthusiasts and people who want to stock up for any natural or economic disaster.

Customer-service agents at American Airlines voted overwhelmingly for union representation. The results affect about 14,000 employees of American and US Airways at airports and reservations centers, plus home-based reservations agents.

NASA is a giant step closer to launching Americans again from U.S. soil.

Charlotte-based Chiquita Brands International said Tuesday that it’s examining limited concessions as it works to get approval from European regulators for its merger with an Irish produce company.

More recent business news
Ralph Broome opened Carolina Preppers & Survivors last month to appeal to campers, outdoor enthusiasts and people who want to stock up for any natural or economic disaster.

Read the full series Workers don't have protections. Companies don't withhold taxes. Regulators don't seem to care. McClatchy reporters spent a year unraveling the scheme, using little-noticed payroll records that show how widespread this practice has become and what it costs us.

Analysis of total compensation packages for the CEOs of North Carolina's largest 50 publicly-traded companies. This analysis covers 2013 and compares total pay with that of the same executives in 2012.

Shareholders on Tuesday approved the merger of Raleigh-based First Citizens BancShares and Columb...

Bank Watch

For $30, shoppers can go home with a "swag bag," peruse tons of discounted merchandise and be cha...

ShopTalk

Raycom Media and DirecTV reached an agreement over the weekend on the rates the satellite provide...

Media Scene

Poorly constructed shale gas wells, not hydraulic fracturing, are to blame for contaminated water...

Earth & Energy
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