Business

Krispy Kreme parent to buy Panera in $7.5B deal

The privately held owner of Winston-Salem-based Krispy Kreme Doughnuts Inc. is expanding its breakfast reach by buying Panera Bread Co. for $7.5 billion. JAB Holdings Inc., which acquired Krispy Kreme in July for nearly $1.4 billion, says it will follow the same format with Missouri-based Panera as it did with Krispy Kreme, converting it into a […]

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Carolinas HealthCare loses round in antitrust lawsuit

A federal judge has ruled that an antitrust lawsuit filed last year against Carolinas HealthCare System by the U.S. Justice Department and the N.C. Attorney General’s Office can move forward. The decision rejects an attempt by the state’s largest hospital system to dismiss the civil case, in which CHS is accused of illegally reducing competition […]

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Advisory firm urges Wells Fargo shareholders to oppose 6 board members

Proxy advisory firm Glass Lewis is urging Wells Fargo shareholders to vote against the re-election of six directors as the bank faces a contentious annual shareholder meeting this month. Glass Lewis says four of the directors should go because of their failure to uphold their duties amid a major sales scandal last year, while the other […]

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NCAA ends boycott of North Carolina

The NCAA has “reluctantly” ended its boycott of North Carolina after the repeal of House Bill 2 last week. The organization, which had pulled championship events from the state in protest of the so-called “bathroom bill,” says that the law passed to replace it “has minimally achieved a situation where we believe NCAA championships may […]

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