October 24, 2009
An engineering study will determine how best to expand broadband service in the county.
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October 23, 2009
Unemployment rates fell in 76 North Carolina counties in September, including all eight in the Triad area, but analysts caution the numbers may be misleading because more people are abandoning job searches.
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A city commission wants a master developer to plan a 7-acre development.
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Valspar will cease production at its English Road plant in November.
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"It will mean capital investment. ... It will mean jobs,” Mebane’s mayor says.
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Raising an earnings forecast while dealing with a decline in cigarette shipments and higher excise taxes on tobacco products may appear ambitious for Reynolds American Inc.
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October 22, 2009
Cigarette maker Reynolds American says its profit surged 72 percent in the third-quarter as trademark impairment and restructuring charges pulled down last year's results.
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Krispy Kreme Doughnuts Inc. will be expanding its reach into the Caribbean, with plans to open 14 shops over five years in the Dominican Republic.
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Time Warner and Sprint will offer rival 4G networks by the end of the year.
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Dell Inc. has confirmed in writing that it will repay $26.5 million in incentives from Winston-Salem, Forsyth County, the Millennium Fund and the Forsyth County Development Corp., according to a news release from the city.
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October 21, 2009
Ameritox tests people using prescription painkillers as a monitoring service for doctors.
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Bank of America Corp. said Wednesday it has agreed to sell First Republic Bank, a private bank it inherited from Merrill Lynch & Co., to a group of investors.
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Bernard Madoff shares a cell with a drug offender, eats pizza cooked by a child molester and hangs around with a mob boss, according to legal papers.
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The average price of regular unleaded gas in the Triad was $2.49 a gallon Tuesday. Prices jumped 14 cents in the past week.
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Greensboro-based Tanger Factory Outlet Centers Inc. said Wednesday it will build a shopping center on a 52-acre parcel in Mebane.
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The nation's fourth-largest bank posted earnings of 56 cents a share. Analysts were expecting 19 cents per share less.
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Dillard's Inc. has converted its 14-year-old location at Oak Hollow Mall to a clearance center store, meaning the store will concentrate on discounted merchandise.
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October 20, 2009
American Capital Acquisition Corp. bought the property-casualty insurance business, which has 905 employees in Winston-Salem.
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The average residential customer would see their monthly bill increase by about $7 to $97.50. Duke hasn't received a general rate increase since 1991.
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One of the original owners of Carlyle & Co. may try to revive the name.
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October 19, 2009
One in a series of profiles of United Way of Greater Greensboro member agencies.
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October 18, 2009
With manufacturing on the decline, there’s room for a new furniture industry to grow.
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As the mother of a young boy, Kimberly Riek grew frustrated trying to find affordable, but quality, children's toys and clothes. Riek had an inspiration: Open a kids' consignment store that sets itself apart.
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October 16, 2009
Production at Dell Inc.'s Winston-Salem plant will be moved to Mexico and other countries, according to a federal document.
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Its earnings follow the pattern set earlier this week by Citigroup Inc. and JPMorgan Chase & Co., which also reported more loan losses during the third quarter as consumers struggled to keep up with their credit card and mortgage payments.
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