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Category: Business

Bobby Farnham, Brett Jefferson and Marc Grandisson buy stakes in the NHL’s Hurricanes

Bobby Farnham, Brett Jefferson and Marc Grandisson buy stakes in the NHL’s Hurricanes

RALEIGH, N.C. — Tom Dundon has sold a portion of the NHL’s Carolina Hurricanes to three new minority owners. The team announced Thursday that Brett Jefferson, Marc Grandisson and retired hockey player Bobby Farnham had joined the ownership group. “Brett, Marc and Bobby are accomplished business executives whose experiences and knowledge will help us continue […]
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China’s auto sales sink in Feb as phase out of subsidies for trade-ins hits demand

China’s auto sales sink in Feb as phase out of subsidies for trade-ins hits demand

HONG KONG — China’s domestic passenger car sales fell sharply in February from a year earlier, industry figures showed Wednesday, reflecting weakening demand as some trade-in subsidies are phased out. Only 950,000 units of passenger cars were sold in China last month, according to the China Association of Automobile Manufacturers, down from nearly 1.4 million […]
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