News

Shelco, the company of Surry County natives Charlie and Ed Shelton, originally built the Madison Park complex across 28 acres ...
Keenon Mann, the president of the Wake Forest University Association of Black Alumni, criticized the move. Parents will get ...
After officially inking a definitive agreement last week, Hanesbrands Inc. (NYSE:HBI) said that its shareholders are set to receive 0.102 shares of Gildan Activewear and $0.80 in cash for each HBI ...
"They are No. 1 in innerwear and unrivaled in their retail presence," Chamandy said Wednesday. "With this transaction, our revenues will double, and we achieve a scale that distinctly sets ...
HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company is leaving town.
HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...
Skeptical of BLS data? Uncover sharp, offbeat ways to track the economy in 2025, from payrolls to Big Macs, no government ...
Paul Sweeney harnesses the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
Weekly applications for jobless benefits are seen as a proxy for U.S. layoffs and have mostly settled in a historically healthy range between 200,000 and 250,000 since COVID-19 throttled the economy ...
The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.
Gildan Activewear and HanesBrands have agreed to merge in a transaction valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, based on Gildan’s 11 August 2025 closing ...