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Monday, January 25, 2021
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Tag: Business

Bank of America 4Q profit falls 18% on lower interest rates

Bank of America’s fourth-quarter profit fell 18% from a year ago, as lower interest rates weighed down the bank.

Stocks slip as Wall Street takes a breather after 4-day run

Stocks closed lower on Wall Street Monday as trading cools in markets around the world following record-setting runs.

What will Leland look like in 2045? The town is developing a growth plan

Considering Leland’s rapid rise in population over the last several years, the town is planning now for growth over the next 25 years.

US loses 140,000 jobs, first monthly loss since spring

U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.

Proposal to rebuild WAVE Transit includes tax increase for city, county residents

A new financial proposal could help rebuild WAVE Transit, but it comes at a cost.

North Carolina town seeks revitalize its downtown area

Officials in a North Carolina town have created a plan to revitalize the town’s downtown area by repurposing parking lots and beatifying a street in order to attract visitors and investments.

Electric scooter-sharing company wants to come to Carolina Beach

You've seen electric scooters for rent in larger cities like Raleigh and Charlotte, but one scooter-sharing company is looking to bring its services to a local beach town.

Tech firms planning offices despite work-from-home trend

The coronavirus pandemic has forced many people to work from home, but there are signs that office life will continue in North Carolina’s Research Triangle.

Retail sales fell 1.1% in November, biggest drop in 7 months

Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy.

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White House begins talks with lawmakers on COVID-19 relief

Top aides to President Joe Biden have begun talks with a group of moderate Senate Republicans and Democrats on Biden's proposed $1.9 trillion coronavirus relief package.

Delaware picks up come from behind win over UNCW Men’s Basketball

A 10-foot jumper by senior guard Ryan Allen with 15.9 seconds left lifted Delaware to a 67-62 victory over UNCW, salvaging a split of the Colonial Athletic Association men's basketball series on Sunday afternoon in Trask Coliseum.

Biden to lift Pentagon’s ban on transgender people serving in military

Multiple people familiar with the matter confirm to ABC News that President Joe Biden is expected to sign an executive order on Monday that will lift the Pentagon’s ban on transgender people serving in the military.

‘Barney Miller,’ ‘Sanford and Son’ actor Gregory Sierra dies

Gregory Sierra, who had memorable roles in the 1970s sitcoms “Barney Miller” and “Sanford and Son,” has died after battling cancer. He was 83.