Krispy Kreme shares sank after costs for exiting its unprofitable McDonald’s venture in the U.S. resulted in a quarterly loss that exceeded analysts’ expectations.| Business North Carolina
Duke Energy agreed to sell for $6 billion nearly 20% of its electric utility company serving 2 million Floridians, fueling an expansion of its generation capacity in anticipation of rising electricity demand. Duke’s agreement with Brookfield Asset Management staggers its cash investment, starting next year through 2028. The Charlotte-based utility will spend $2 billion of […]| Business North Carolina
Back-to-school math is adding up to higher expenses for families wary that they’re going to pay about 10% more for clothing, shoes and supplies.| Business North Carolina
After surpassing its $5 million fund raising goal by $1 million, Guilford College anticipates a lean academic year starting in August as enrollment drops below 1,000 students.| Business North Carolina
SPAR Group is relocating its corporate headquarters from Auburn Hills, Michigan, to Charlotte, putting the provider of merchandising and other services closer to southeastern-based retailers.| Business North Carolina
