Business

Post-hurricane building prospects boosts Jeld-Wen, Lowe’s

G1 Therapeutics is on fire with investors obviously excited about the company’s anti-cancer drugs, soaring more than 30% last week. Here are the major movers in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended Sept. 8. The index includes companies with shares trading for at least $10. The biggest gainers: […]

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Rockwell Collins faces $695M breakup fee with United sale

Rockwell Collins Inc. faces a $695 million breakup fee if it opts not to pursue or accepts a counteroffer to its proposed $30 billion sale to aerospace supplier United Technologies Corp. of Connecticut. Neither company would pay a fee if regulators block the cash and stock deal, which includes $7 billion in Rockwell debt. Iowa-based […]

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UNC System’s leaders rush to stir it up

Is the UNC System Board of Governors missing the big picture? The board this week focused on controversial issues, such as the likely litigation ban at the UNC Center for Civil Rights and system President Margaret Spelling’s recent handling of issues surrounding the Silent Sam Confederate statue at UNC Chapel Hill. Various board members, mostly […]

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Amazon opens bidding for $5B second HQ

Amazon.com Inc. plans to build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs. The Seattle-based company wants a metro area that features more than a million people, mass transit, an international airport and quality education. […]

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