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Business Article Archive

November 4, 2009

Civil rights center hires anthropologist as its curator
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The International Civil Rights Center & Museum hires a Detroit curator with a lot of experience. Read More

New state rules could slow foreclosures

The proposal suggested by the N.C. Office of the Commissioner of Banks would not apply to banks or savings and loans and would not take effect until April 1 if it's approved. Read More

Palin book tour includes stop in N.C.

Sarah Palin's book tour, which includes a stop at the Army post in Fort Bragg, N.C., is a gift for her base. Read More

Magazine: N.C.'s business climate No. 1

Site Selection magazine cites new high-tech development and technology-focused academic centers as strengths for business growth. Read More

$25 or under gifts are popular
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The economy is slowly recovering, yet consumers remain nervous, leading retailers to offer more items for $25 or less, experts say. Read More

November 3, 2009

Winston-Salem receives Dell's repayment
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The city has received Dell's repayment of the upfront costs and annual incentive payments received for their manufacturing facility. Read More

November 2, 2009

Energy Star sales tax holiday is this weekend
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Energy Star qualified clothes washers, freezers, refrigerators, central air conditioners, room air conditioners, air-source heat pumps, geothermal heat pumps, ceiling fans, dehumidifiers and programmable thermostats are exempt from sales taxes. Read More

Another downtown restaurant closing
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The new owners plan to open another restaurant in the same spot. Read More

Dell to repay money early for discount
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The $26 million due one month after closing its manufacturing plant in January will instead be repaid by the end of this week. Read More

November 1, 2009

Savvy Shopper: Enjoy art, shopping and hot cider at First Friday

The event showcases downtown's art galleries, studios, museums, retail shops, restaurants and alternative art venues. Read More

October 30, 2009

Unifi has best quarter in 7 years

The Greensboro yarn maker reported Thursday net income of $2.5 million in its first quarter of fiscal year 2010 Read More

Duke Energy earnings down

Electricity sales fell because of the recession, but that sales to industrial customers are starting to stabilize Read More

October 29, 2009

Reynolds to raise cigarette prices

The per-pack price will increase by 6 cents for the company's Camel and Pall Mall brands and by 8 cents for its Capri and Lucky Strike brands. Read More

Sales down but earnings up at Hanesbrands

The company reported today net income of $41.1 million in the quarter compared with $15.9 million a year ago thanks to reduced restructuring charges. Read More

October 28, 2009

Insurer says timing of mailings unfortunate

Even Blue Cross and Blue Shield of North Carolina acknowledges that its timing on two recent mailings was unfortunate. Read More

120 supporters of downtown show their cards
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Participants identify projects they’d like to see accomplished in Greensboro’s downtown. Read More

US Airways cutting 1,000 jobs, reducing routes
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Struggling US Airways said Wednesday it will cut some 1,000 jobs next year and shift nearly all of its flying to its hubs, including Charlotte. Read More

Ham's files for bankruptcy
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The company has closed restaurants in Burlington and Kinston and reorganized some staff, but there are no plans to close any more restaurants. Read More

Plan your garden using free tech
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As the leaves fall, it's time to think about next year's garden. Lowe's offers a free online application to plan your plantings and print out your results. Read More

October 27, 2009

Dell returns $1.5 million to state
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Computer giant Dell Inc. has returned more than $1.5 million to the state after the company announced that it was closing a large computer assembly plant in central North Carolina. Read More

Hanesbrands to shut down Winston-Salem plant; 240 to lose jobs

The Winston-Salem company said today it is shutting down its plant at 401 W. Hanes Mill Road because of steady drops in sheer-hosiery demand. Read More

Appeals court hears Google arguments

A group opposing state incentives for corporations says taxpayers should be able to challenge tax breaks used to lure Google to Caldwell County. Read More

October 26, 2009

For rent: Soon-to-be-empty computer plant

Winston-Salem forms panel to find tenant for Dell plant, which will empty in January. Read More

Lorillard profit dips partly on higher expenses

Cigarette maker Lorillard Inc., based in Greensboro, said Monday that its third-quarter profit dipped 1 percent, pinched by higher expenses and consumers tightening their spending. Read More

October 25, 2009

Savvy Shopper: Movement to buy local is spreading

Buy Triad First continues to spread a message in asking shoppers to pick three independently owned businesses and spend $50 a month there. Read More

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