Business This Week

This week in Charlotte



Lowe's reports second-quarter results this morning, a day before rival Home Depot does the same.

Both home improvement chains have been battered by the housing market in recent quarters, and analysts aren't expecting signs of improvement just yet.

Duke Energy CEO Jim Rogers is scheduled to testify at an N.C. hearing on the utility's save-a-watt program, designed to curb energy use. Critics say the plan is overly lucrative for Duke.


Charlotte-based LendingTree, part of tech conglomerate IAC/InterActiveCorp, is scheduled to be spun off into an independent company.

The online real-estate site will be known as