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Business Article Archive

October 16, 2009

N.C. unemployment rate stays at 10.8 percent

North Carolina’s unemployment was 10.8 percent in September, unchanged from August, according to statistics released today by the Employment Security Commission of North Carolina. Read More

Carlyle to close all 34 of its stores

Bankruptcy puts an end to a jewelry chain that got its start here in 1922. Read More

NewBridge revamping its branches

The bank said Thursday that it will invest $5 million in the restructuring plan, which could result in an unspecified number of job cuts. Read More

October 15, 2009

Outpouring of donations lets soup kitchen keep serving

The Reidsville Soup Kitchen was unable to pay its operating expenses and was considering closing. Read More

October 14, 2009

Grant aids Alamance groups helping homeless

The United Way of Alamance County wants to help those who have, or may, lose their homes. Read More

FAA seeks millions in fines for United, US Airways
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The Federal Aviation Administration on Wednesday proposed levying multimillion-dollar fines for safety violations, including flying a plane after mechanics stuffed shop towels into an engine. Read More

Lotteries discuss cross-selling, national game
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America's two biggest lottery games are talking about cross-selling tickets in North Carolina and other U.S. lottery jurisdictions with the potential for a national lottery. Read More

Time Warner to launch 4G network in Greensboro

Time Warner Cable said today it will launch its 4G mobile network in Greensboro, Charlotte and Raleigh on Dec. 1. Read More

Duke Energy makes rate increase deal on N.C. power
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North Carolina's utility regulators agreed Wednesday to postpone a hearing on Duke Energy's requested rate increase for the state's electric consumers to allow more time to finalize a compromise. Read More

Toy sellers focus on value, price for holiday sales
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Toy company executives at a holiday kickoff event in New York recently said they are following the lead of consumers and being much more price conscious this year Read More

October 13, 2009

Greensboro building part of solar project

Duke Energy will install 7,020 solar photovoltaic panels atop the roof of a Greensboro industrial building as part of the utility’s efforts to supply more electricity through renewable sources. Read More

50 workers at Volvo plant in Va. to be laid off

Volvo Trucks North America says it will lay off 50 workers at its Pulaski County factory. Read More

October 12, 2009

Sidekick contacts and data likely lost, T-Mobile says

Owners of Sidekick phones may have lost all the personal data they stored on the phone, including contact numbers. Read More

New displays guide visitors downtown

The “you-are-here” maps highlight local attractions. Read More

September home sales down from '08

Existing single-family home sales in Greensboro rose in September from the previous month, but were down from September 2008. Read More

October 11, 2009

The Triad's allure: Have we lost it?
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Some may believe we have. But others, including many of the area’s development experts, believe that with the Triad’s highways, airport and workers, the region still has what it takes to attract big players. Read More

Leaders believe in business recruiting
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Dell closing five years after a big incentives grant won’t curb the appetite for recruiting, leaders say. Read More

Savvy Shopper: Moves, remodels, and that's just the beginning for State Street Station

The economy still may be down in the dumps. But you wouldn't know that judging from all the hustle and bustle at State Street Station, a shopping village featuring specialty shops, boutiques and restaurants. Read More

October 10, 2009

Jail plans boost downtown development
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Investment in the center city hit $117 million in the past year, thanks to the $85 million project. Read More

October 9, 2009

We’ll survive, Dell’s neighbors say
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Still, some business owners on Union Cross Road near Kernersville say the plant’s closure will be felt. Read More

Soup kitchen needs money to stay open

Reidsville Soup Kitchen has a full pantry but an empty bank account. Unable to pay bills, the kitchen may close. Read More

October 8, 2009

Durham lighting company to add 575 jobs in next 3 years

A North Carolina-based maker of energy-efficient lighting elements is expanding and plans to add 575 jobs in the next three years. Read More

Triad Guaranty to sell its tech platform for $30 million

The launch of a startup mortgage insurer is giving 40 employees at Triad Guaranty Inc. a chance at a new career. Read More

Dell to close its Winston-Salem plant
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About 905 employees will lose their jobs, with about 600 cuts coming next month. The closure is expected to be completed in January. Read More

October 7, 2009

Councilman will close law practice
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GREENSBORO – Councilman Mike Barber will close his law practice and take an 18-month sabbatical, he announced today in an email to friends and clients.Barber stopped taking new work this week, he said. The practice will close Dec. 31.Barber said he... Read More

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