Belk has reported higher net income for the fiscal year that ended Jan. 29. The Charlotte-based department store company said net income increased 90.2 percent to $127.6 million, compared with $67.1 million the year before. Belk said the increase primarily ...Read More »
NEW YORK — Brian Moynihan, the CEO of Bank of America Corp., received compensation valued at $1.25 million in 2010, according to an Associated Press analysis of regulatory filings. Moynihan received a salary of $950,000 and no stock or cash ...Read More »
Spartanburg, S.C.-based hotel-management company HVM will relocate its headquarters to Ballantyne, according to news reports. Over the next three years, the company will create 170 jobs and invest $3.6 million in the headquarters in Ballantyne Corporate Park. HVM, the operator ...
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Family Dollar Stores Inc. said today its fiscal second-quarter net income rose 10 percent, helped by a better flow of customers and a modest improvement in the value of the average transaction. The discount store operator, which rejected a takeover ...Read More »
Snyder’s-Lance today said it will partner with the Armed Forces Foundation beginning in May in a program to support military causes. The nationwide initiative will support the AFF’s mission of promoting the morale, welfare and quality of life of U.S. armed ...Read More »
Charlotte-based Snyder’s-Lance today said it will lower the amount of sodium in 13 Lance sandwich cracker products to meet National Salt Reduction Initiative guidelines. NSRI is a nationwide effort among 72 local and state health departments and health organizations to ...
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The steel frame for what Charlotte Motor Speedway calls the world’s largest high-definition video board is going up. An event to “top out” the frame is set for Thursday at the speedway’s backstretch. When a construction project is topped out, it means ...
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RALEIGH — Whether North Carolina makes health insurance as easy for individuals and small businesses to shop for as a plane ticket on a travel website could be left up to an oversight board on which business interests outnumber consumer ...Read More »