WRAL.com Business Headlines

Investors look for answers on economy from Fed

Wed, 19 Jun 2013 02:17:33 -0400

Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.

Markets steady as investors ready for Fed

Wed, 19 Jun 2013 06:55:32 -0400

Markets were fairly flat-footed ahead of a keenly awaited policy statement from the U.S. Federal Reserve.

SAS, Quintiles rank among best places to work in IT

Tue, 18 Jun 2013 10:36:50 -0400

SAS Institute and Quintiles (NYSE:Q), widely recognized as two major contributors to the Research Triangle's economy, are now being recognized as two of the top places to work in IT.

Google wants court to lift gag order on government data requests

Wed, 19 Jun 2013 07:04:00 -0400

Yahoo! on Tuesday became the latest technology company to give details of government data collection, following disclosures by Apple Inc., Facebook Inc. and Microsoft Corp., all of whom have revealed thousands of warrants for data from government entities.

HP's Whitman replaces head of struggling PC business

Wed, 19 Jun 2013 07:08:25 -0400

Hewlett-Packard Chief Executive Officer Meg Whitman is reorganizing the company's struggling personal-computer business, replacing longtime head Todd Bradley with one of his deputies amid a global PC slump.

Wake-up call: Starbucks to post calorie counts

Tue, 18 Jun 2013 11:01:42 -0400

Starbucks has a new way to wake up its customers: showing the calories in its drinks.

Japan's trade deficit climbs to $10.5B in May

Wed, 19 Jun 2013 04:02:21 -0400

Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe faces in revitalizing manufacturing as industries increasingly shift production offshore.

Red Hat to report 1Q earnings Wednesday

Tue, 18 Jun 2013 16:14:20 -0400

Analysts estimate Red Hat's fiscal first quarter revenue will be $359.84 million, up from $314.7 million compared to a year ago.

United 787 heading to Tokyo diverted to Seattle

Wed, 19 Jun 2013 05:40:31 -0400

A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said.

Dish won't submit revised bid for Sprint

Wed, 19 Jun 2013 00:52:26 -0400

Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.

Oil rises near $99 a barrel before Bernanke speaks

Wed, 19 Jun 2013 05:59:12 -0400

The price of oil rose Wednesday, before the conclusion of a U.S. Federal Reserve meeting.

NSA director says plot against Wall Street foiled

Wed, 19 Jun 2013 00:23:15 -0400

The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers sympathetic to the spying.

MCNC postpones Friday broadband event

Tue, 18 Jun 2013 13:59:06 -0400

MCNC’s is postponing its "Broadband for the Future" event, originally scheduled for Friday, in deference to the funeral services for former Gov. Jim Holshouser.

Chrysler agrees to recall of Jeeps at risk of fire

Tue, 18 Jun 2013 23:56:26 -0400

After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.

Duke Energy names new CEO

Tue, 18 Jun 2013 09:31:05 -0400

Duke Energy on Tuesday announced that its board of directors has unanimously elected Lynn Good to succeed Jim Rogers as president and chief executive officer.

Crucial debate: Tax reform, jobs and innovation in NC

Tue, 18 Jun 2013 07:09:56 -0400

Opinion: As Governor McCrory and North Carolina legislators consider rewriting the State tax code, we urge them to focus on policy changes that will encourage job creation and economic growth. We believe that one of the most powerful sources of both is innovation.