Business news from Rock Hill, SC,

Business

Duke Energy names new CEO: Lynn Good

Duke Energy named chief financial officer Lynn Good as its new president and CEO on Tuesday, succeeding outgoing CEO Jim Rogers.

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Archive by category ''Business

TECHNOLOGY

Award-winning journalist Michael Hastings dies

Award-winning journalist and war correspondent Michael Hastings died early Tuesday in a car accident in Los Angeles, his employer and family said.

2 hours ago
BUSINESS

Dish won't submit revised bid for Sprint

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.

3 hours ago
BUSINESS

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

Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion) as rising costs for imports due to the cheaper yen matched a rebound in exports, the Ministry of Finance reported Wednesday.

2 hours ago
BUSINESS

SEC to require mea culpas in some big settlements

The chairman of the Securities and Exchange Commission says the agency will start requiring companies and individuals to admit wrongdoing in some big settlements.
TECHNOLOGY

DreamWorks says TV revenue to hit $200M by 2015

DreamWorks Animation SKG Inc., the studio behind "Shrek" and "Kung Fu Panda," said Tuesday that a new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015.
BUSINESS

Chrysler agrees to recall of Jeeps at risk of fire

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.
TECHNOLOGY

Icahn changes tack, seeks $16B Dell stock buyback

Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the struggling computer maker private.

3 hours ago
TECHNOLOGY

A year on, Assange stays put in Ecuadorean Embassy

A year ago, Julian Assange skipped out on a date with Swedish justice. Rather than comply with a British order that he go to the Scandinavian country for questioning about sex crimes allegations, the WikiLeaks founder took refuge in the Ecuadorean Embassy in London.
BUSINESS

Taco Bell jumps on protein craze with menu test

Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience - young men.
BUSINESS

Court: Ex-Im Bank needs to explain Air India loan

A federal bank that backed a huge airplane loan for Air India will have to explain that the loan didn't hurt U.S. airlines.