News: Business

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.

Sep. 29, 2014 @ 04:24 PM

The check’s in the mail for Zeek victims

You might not blame victims of the Zeek Rewards pyramid scheme, after being ripped off two years ago, for being skeptical about a claim of help that involves the phrase, “The check’s in the mail.”

But in this case, the check really should be on the way.

Sep. 17, 2014 @ 05:20 PM

Latest email scam? The urgent invoice plea

Con artists trying to separate people from their money appear to be reinventing what’s know as the invoice scam.

Sep. 16, 2014 @ 06:01 PM

Local furniture company won’t give into offshore pressure

Dale Holmes started working as a furniture upholsterer straight out of high school 40 years ago; when he took his first job, work at furniture manufacturing plants in the High Point area was commonplace.

Sep. 09, 2014 @ 08:01 AM

Construction finally getting over Great Recession

Windley Dunbar’s experience during the past six years with his longtime commercial construction business mirrors the incremental recovery of the industry from ravages of the Great Recession.