NEWSROOM

BUSINESS

A majority of his wealth comes from his sneaker and apparel business, Yeezy, which is now in partnership with Adidas and Gap Inc., the business is valued between $3.2 billion and $4.7 billion by UBS Group. The value of the new Gap collaboration with Yeezy, which is due to hit stores this summer.

Local

Truist confirmed to CBJ all of the branches will close on March 30. A spokesperson said there were no job losses associated with the closures. All of the branches have a nearby counterpart that will stay open for customers. The second-largest bank in Charlotte, TFC takes in reportedly $80.6 billion per month.

National

Ann Hebert, the vice president and general manager of Nike’s North America arm, resigned Monday after a report by Bloomberg exposed her son's business. Bloomberg's feature glorified the “bona fide asset class” of rare shoes, but exposed how Hebert racked up over $132,000 on sneakers using a card in his mom's name.

WORLD

According to the report, "The intelligence assessment, based largely on work by the CIA, is not new, but rather made available to the public. The same report was present by the CIA to the White House in 2018, but the Trump administration did nothing to address Khashoggi's murder with the Saudi officials."

NEWSROOM

Limbaugh was one of the most influential media figures in American history.  "The Rush Limbaugh Show" began in 1988 and evolved into the top-rated program in syndication over the past four decades. The EIB Network show is aired on more than 600 stations, and heard by nearly 30 million people weekly.

NEWSROOM

"The key thing for everybody to note is the Republican party across the board was deeply disappointed with Senator Burr's vote, particularly after he declared the trial to be unconstitutional," North Carolina GOP chairman Michael Whatley said Tuesday on WBT's Bo Thompson Morning Show. 

Health

“I am very proud to once again partner with Novant Health to expand the Family Clinic model to bring better access to critical medical services in my hometown,” Jordan said in a statement. “Everyone should have access to quality health care, no matter where they live, or whether or not they have insurance.”

State

The battle to fill Richard Burr's soon-to-be vacated seat has well-known politicians like Walker, along with outsiders such as Lara Trump dropping their names in the hat as the Republicans try to regain the majority back in the chamber they lost in November's election cycle.

NEWSROOM

“To call our system of government racist, that is an untruth as far as I’m concerned I truly believe that is an untruth as far as history is concerned and it does a disservice to our students. It puts the idea in the mind of our children that they live in a nation that has promoted racism,” Lt. Gov. Mark Robinson said prior to the vote.

BUSINESS

Amazon is valued at $1.7 trillion as a leader for revenue among companies in the world. Outside of the news of Bezos stepping aside, the company reported a year of record growth on Tuesday, including a 38 percent increase in net sales from 2019, netting the company $21 billion in income, nearly double from the year before.