Friday, May 17 2013 7:16 PM EDT2013-05-17 23:16:53 GMT
One person has died in a crash near Harrisonville, MO, Thursday evening. The crash happened on Missouri Highway 7 and Walker Road. It involved a car and a tractor-trailer. Harrisonville is in Cass County.More >>
Savannah Nash celebrated her 16th birthday last week. She died Thursday when her car slammed into a semi while she was texting during her first time driving by herself.More >>
Saturday, May 18 2013 11:19 PM EDT2013-05-19 03:19:44 GMT
The Charlotte Bobcats are in the process of changing their name to "Hornets," a source with knowledge of the situation told CBSSports.com's Will Brinson, including arranging digital assets that wouldMore >>
The Charlotte Bobcats are in the process of changing their name to "Hornets," a source with knowledge of the situation told CBSSports.com's Will Brinson, including arranging digital assets that would allow a return to their original nickname.More >>
Sunday, May 19 2013 7:59 AM EDT2013-05-19 11:59:01 GMT
Health officials are worried cases from a salmonella outbreak traced to a Fayetteville hotel may have spread nationwide. Officials say that 51 people who ate at the Holiday Inn Bordeaux's banquet facilitiesMore >>
Health officials are worried cases from a salmonella outbreak traced to a Fayetteville hotel may have spread nationwide.More >>
CHARLOTTE, NC (WBTV) - Mooresville-based Lowe's, Inc. says its third-quarter profits plummeted by almost 50 percent.
But sales actually increased at the home improvement store.
Lowe's sold $11.9 billion worth of goods for the quarter, up from $11.6 billion during the same period last year.
Sales for the hardware store have been weaker, though, than Home Depot's for nine consecutive quarters, and several moves intended to turn that around are actually hurting the company in the short term.
Robert Niblock, Lowe's Chief Executive Officer, has been concentrating on "right sizing" the business, but "right sizing" played a big part in the company's poor performance report today.
Lowe's recently closed 27 stores it called "underperforming," and the company lost out on $336 million in earnings by doing so.
Plans to open new stores are also being axed by more than 50 percent over the next few years.