Article Archive
September 7, 2008
U.S. government takes over mortgage giants
WASHINGTON (AP) - The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming t... Continue
New consignment shop has designer labels, great prices
Mechelle Lindenberg got a taste of the entrepreneurial retail world a decade ago when she opened a furniture store. And she knew... Continue
Hurting for cash, many rummage inside closets
GREENSBORO - When there's more month than money, people start hunting for extra cash. And nowadays, folks are finding it in plac... Continue
September 6, 2008
Forsyth County uncertain of Dell plant’s future
Computer giant Dell wants to sell most, if not all, of its manufacturing plants, possibly including the facility in Winston-Sale... Continue
September 5, 2008
Jobless rate jumps to 5-year high of 6.1 percent
WASHINGTON (AP) -- The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,00... Continue
Dell might sell plant in Forsyth
WINSTON-SALEM (MCT) — Dell Inc. might sell some or all of its manufacturing plants, including the one it opened in October 200... Continue
Litigation funding violates usury laws, appeals court rules
When is a loan not a loan? That depends on how you define “loan.” The simple definition could bring big changes for dozens o... Continue
September 4, 2008
New event space in Greensboro unveiled
GREENSBORO - Advertising executive Allen Broach unveiled on Thursday a new event space in downtown Greensboro that feels more li... Continue
Many U.S. retailers report sluggish August sales
NEW YORK (AP) - Many retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thurs... Continue
Retailers slash prices, but at what cost?
NEW YORK (AP) - In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to...... Continue
Update: Pottery museum board member won't resign
RALEIGH (AP) — The county commissioner who urged his panel not to give $25,000 to a struggling pottery museum in North Carolin... Continue
Founders shocked Ellyn firm has closed
GREENSBORO — The calls began Monday. “Labor Day, ironically,” said Ellyn Steinhorn. One by one, former employees of Cateri... Continue
Rowe: Art Attack! It’ll be pretty cool
GREENSBORO — Maybe you’ve seen her. She’s 15 feet tall, as willowy as a spiral of smoke, with steel rebar as her skeleton...... Continue
September 3, 2008
Randolph County board: No money for pottery center
The Randolph County commissioners have voted not to give $25,000 to the struggling North Carolina Pottery Center in Seagrove.The... Continue
High Point University gets former industrial facility as gift
HIGH POINT - High Point University recently received a gift of light industrial real estate in support of the School of Educatio... Continue
Deluxe to close Greensboro manufacturing facility
Deluxe Corp. said today that it will close its Greensboro manufacturing facility in late 2009.About 117 people work at the plant... Continue
Last week's rain good for apple crop
HENDERSONVILLE (AP) — Farmers say last week's rain from remnants of Tropical Storm Fay helped western North Carolina apple orc... Continue
Nussbaums sell an icon of city: Southern Foods
GREENSBORO — Southern Foods is making more history for Greensboro. The Nussbaum family is selling the company to a group of ex... Continue
Catering by Ellyn closes after 22 years
GREENSBORO - Catering by Ellyn, one of the city's oldest and largest caterers, has closed because of the economy, according to s... Continue
September 2, 2008
Update: Southern Foods making more history
GREENSBORO - Southern Foods Inc. is making more history for Greensboro.The Nussbaum family is selling it to a group of experien... Continue
People like downtown, survey finds
GREENSBORO — Ed Wolverton admits to being “unabashedly positive” about downtown. He lives there, shops and dines there and... Continue
August 31, 2008
Savvy Shopper: A vintage store in a vintage building
Angie Besecker loves finding new life in old things, so it's fitting that her home-decorating store found a home in a building t... Continue
August 30, 2008
Freightliner to lay off 675 workers in Mount Holly
CHARLOTTE (AP) -- Freightliner has announced it will lay off 675 workers at its Mount Holly plant.The Charlotte Observer reporte... Continue
August 29, 2008
Relief at the mall: Popular Oak Hollow store is saved
Teenagers tried on jeans and T-shirts Thursday as pop songs by Amanda Bynes and The Jonas Brothers blared on high-definition TV...... Continue
August 28, 2008
GTCC gets aviation grant
GTCC will beef up its offerings in aeronautics thanks to a Duke Energy grant. The school announced today it received a grant for... Continue
