Electrolux AB, Europe’s biggest maker of home appliances that has its North American headquarters in Charlotte, reported first-quarter profit that beat analysts’ estimates and increased its forecast for growth in the U.S.
The Charlotte-based parent company of Park Sterling Bank said Thursday its first-quarter profits fell 28 percent compared with the same period last year, as expenses rose in connection with its purchase of Virginia's First Capital Bancorp.
Susan DeVore, president and chief executive officer of Charlotte-based Premier Inc., will be honored at Project Sunshine’s annual benefit May 5 in New York for her work in leading health care improvement.
The NCAA Division I Board of Directors rescinded a proposed ban on satellite camps Thursday, rebuffing a request from powerhouse conferences in the South and clearing the way for coaches to hold clinics far from their campuses this summer.
Comcast is buying DreamWorks Animation, the film company behind the "Shrek," "Madagascar" and "Kung Fu Panda" franchises, for approximately $3.55 billion, strengthening its presence in the important and growing business of children's entertainment.