Red Hat jumps 13%, tops $100 for first time since 1999
Raleigh-based software company Red Hat jumped 13% after strong first quarter earnings. Stock is up 35% in the last year.
Down blunder
Replicating Lowe's thriving U.S. business proved difficult in Australia, leading to a loss approaching $900 million
Chief disruption officer
Started from scratch and now backed by giant banks and foundations, Martin Eakes' Self-Help empire goes national.
Fortune Seekers
Regional banks based outside the state look to snag share.
Going the distance
What do Tom Ross, a freelance videographer, a Clinton Foundation staffer and a real- estate executive have in common? They’re all super-commuters.
A league of their own
Is North Carolina the next big capital of esports? A Charlotte area startup tries to rein in the industry’s runaway success.
Double down
Credit Suisse said it will add 1,200 jobs over the next several years at Research Triangle Park.
NEWS AND VIEWS
Is N.C. ready to write big check for $10B Foxconn plant?
Foxconn may be first to take advantage of a plan for North Carolina to offer big incentives to companies planning expansions of more than $4 billion. The change is included in the budget passed [...]
First South CEO: Merger ‘phenomenal’ deal for stockholders
First South CEO Bruce Elder responds to a post about the Washington community bank's announced merger with Carolina Financial.
Strong housing market boosts shares at Jeld-Wen
The strong housing market is boosting business at Charlotte-based Jeld-Wen, which tops the list of best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham Index [...]
ACROSS THE STATE
N.C. Speaker: State on cusp of landing 8,600 jobs
(Raleigh News & Observer)
BofA, Wells Fargo clear first stress-test hurdle
(The Charlotte Observer)
Duke Energy balks at AG’s request for coal ash information
(Charlotte Business Journal)
Asheville River Arts District overhaul faces $26M cost overrun
(Asheville Citizen-Times)
Triangle Venture Alliance invests $2.1M in Durham company
(Triangle Business Journal)
Census: N.C. population getting older, more diverse
(Asheboro Courier-Tribune)
GE Aviation nets billions in sales at Paris Air Show
(Wilmington Business Journal)
Cone Health honored by American Hospital Association
(Triad Business Journal)
