News: Business

Oct. 30, 2014 @ 08:23 AM

La-Z-Boy incentives stand to leave city in the red

Elected officials often describe economic incentives for businesses as “investments” for local governments that pay off in the form of new revenue in public coffers.


Oct. 29, 2014 @ 04:34 PM

Job market makes gains last month

The change of seasons brought a welcome change for people seeking jobs across the area and state.

Unemployment rates dropped from August to September in the vast majority of communities in North Carolina, including the High Point area.


Oct. 28, 2014 @ 04:01 PM

Zeek indictment sheds light on massive scam

The ringleader of the Zeek Rewards pyramid scheme, Paul Burks of Lexington, once held gatherings that federal prosecutors describe as “red carpet events” to lure people into investing money.

Today, hundreds of thousands of Zeek Rewards affiliates are just trying to get out of the red by recovering some of their losses.


Oct. 28, 2014 @ 08:17 AM

La-Z-Boy to close High Point office

La-Z-Boy plans to close its division office in High Point.


Oct. 24, 2014 @ 08:13 PM

Zeek Rewards ringleader indicted

A North Carolina man that prosecutors say masterminded an $850 million Internet-based Ponzi scheme faces charges of wire and mail fraud, conspiracy and tax fraud.


Oct. 24, 2014 @ 11:29 AM

Thomas Built Buses chooses High Point for expansion

Thomas Built Buses announced Thursday that it will add 236 full-time jobs at its 713 W. Fairfield Road facility.


Oct. 22, 2014 @ 06:26 PM

Market leaders optimistic about trade show’s future

Funding from public and private sources is helping High Point Market leaders bring more people to the world’s largest home furnishings trade show.


Oct. 21, 2014 @ 02:40 PM

EEOC sues FedEx Ground, claims discrimination in employment

The federal agency that oversees complaints about discrimination in employment has filed a national legal action against FedEx Ground, which has a major package sorting operation in the region.


Oct. 21, 2014 @ 08:10 AM

Governor’s market visit touts industry future

Gov. Pat McCrory smiled as he toured two furniture market showrooms Monday afternoon, intermittently plopping down onto a chair or pillowed couch to rub his hands across the fabric.


Oct. 20, 2014 @ 04:32 PM

UPDATED: Thomas Built, UAW ink new pact

Thomas Built Buses and a branch of the United Auto Workers have finalized a new contract for local hourly employees as the company prepares to make a decision whether to expand in the city.


Oct. 17, 2014 @ 11:41 AM

Mixed outside messages as fall market kicks off

Up until a few weeks ago, the fall High Point Market appeared poised to open in a generally positive atmosphere.


Oct. 16, 2014 @ 08:24 PM

County OKs Thomas Built incentives

The Guilford County Board of Commissioners on Thursday night approved economic incentives for an expansion by Thomas Built Buses that could lead to 236 new jobs in High Point.


Oct. 16, 2014 @ 01:48 PM

City approves Thomas Built Buses incentives

The High Point City Council this morning unanimously approved economic incentives for Thomas Built Buses to expand its West Fairfield Road operation.


Oct. 01, 2014 @ 03:25 PM

Jobless rates plateau during summer

The area job market appears to have reached a point that offers a mix of encouraging and sobering news for people seeking a paycheck.


Sep. 30, 2014 @ 03:14 PM

Road reopens at IHFC as repairs advance

A block of S. Wrenn Street downtown has reopened to traffic after being closed for months due to concerns related the the International Home Furnishings Center.