Hanesbrands prices offering of $500M in 8 percent senior notes at 98.686 percent

Hanesbrands prices $500 million debt offering

Krispy Kreme expanding into Thailand with franchise partnership

Krispy Kreme expanding into Thailand

WINSTON-SALEM, N.C. — Krispy Kreme Doughnut Corp. said Thursday it has reached a deal to expand into Thailand with 20 new franchise locations over the next 5 years.

BB&T directors elect K. David Boyer Jr. to company’s board

BB&T elects K. David Boyer Jr. to its board

Reynolds American 3Q profit surges 72 percent as prior-year results weighed down by charges

RICHMOND, Va. — Cigarette maker Reynolds American Inc. said Thursday despite selling fewer cigarettes, its profit surged 72 percent from last year’s third-quarter, when charges from trademark impairment and restructuring dampened its earnings.

Financial misery prompts states to pass new protections against aggressive debt collectors

WINSTON-SALEM, N.C. — With many Americans in dire financial straits, states are cracking down to make sure aggressive debt collectors target only people who legitimately owe them money.

Hanesbrands sells yarn manufacturing operations, closes facility in North Carolina

WINSTON-SALEM, N.C. — Hanesbrands Inc., which makes underwear and hosiery, on Thursday said it is selling most of its yarn manufacturing operations to Parkdale, a yarn manufacturer based in North Carolina.

R.J. Reynolds sues over FDA act to regulate cigarette makers, claims speech violated

WINSTON-SALEM, N.C. — R.J. Reynolds, seller of Camel cigarettes, and some other tobacco makers have filed a lawsuit saying their free-speech rights have been violated by a new tobacco law.

Reynolds American 2nd-qtr profit rises 4 percent, lifts full-year adjusted earnings forecast

WINSTON-SALEM, N.C. — Reynolds American Inc. said Thursday that its second-quarter profit climbed 4 percent even as sales at the nation’s second-largest cigarette company ticked down slightly.

BB&T redeems $3.1 billion of preferred stock issued to Treasury; plans warrant buyback

WINSTON-SALEM, N.C. — BB&T Corp. says it has paid back the $3.1 billion in bailout money it received from the government, plus a final dividend payment of about $13.9 million.

BB&T to offer $1.5 billion in stock, slash dividend to help repay government investment

WINSTON-SALEM, N.C. — BB&T says it will sell $1.5 billion in common shares to help repay the government’s investment in its preferred stock and warrants through the U.S. Treasury’s TARP Capital Purchase Plan.

Reynolds American 1st-quarter profit skids lower on charges; adj. results beat view

RICHMOND, Va. — Reynolds American Inc., the nation’s second-largest cigarette company, said Wednesday that hefty charges related to the value of its trademarks sent its first-quarter profit sharply lower. Adjusted results beat analysts’ estimates.

Hanesbrands reports loss in 1st quarter amid weak demand, plans to cut 250 jobs

NEW YORK — As consumers kept spending low — and Hanesbrands Inc. continued its restructuring — the apparel maker said Monday it lost $19.3 million in the first quarter. But it said its sales declines could moderate now as retailers resume more robust ordering.

Former President Jimmy Carter speaks to Baptists in NC, imploring denomination to unite

WINSTON-SALEM, N.C. — Former President Jimmy Carter implored fellow Baptists on Saturday to look beyond a range of doctrinal disputes that have split the denomination, and urged them to focus on reconciling under a common cause.