News: Business

Aug. 01, 2014 @ 09:59 AM

Judge approves first payouts for Zeek Rewards victims

A federal judge has approved the first payouts for victims of the mammoth Zeek Rewards pyramid scheme, which bilked people from the High Point area to 157 nations.


Jul. 30, 2014 @ 04:39 PM

Job market jumps up in June

The job market appears to have improved at the start of the summer, with area unemployment rates falling from the same period a year ago.


Jul. 30, 2014 @ 04:42 PM

New Breed will be sold, no layoffs planned

A Connecticut-based logistics company will purchase New Breed Logistics, the city’s 13th-largest employer which has its main operation in north High Point.


Jul. 28, 2014 @ 05:32 PM

Jobs lost and gained by same furniture employer

The company that owns and operates the Pearson home furnishings line completed the closing of its High Point plant Friday, three days after announcing plans for its new corporate headquarters in the city.

 


Jul. 28, 2014 @ 02:10 PM

Vegas market will grow in scope

The organizers of the Las Vegas Market today announced an upcoming expansion of showroom space at the outset of its summer trade show at World Market Center.


Jul. 26, 2014 @ 06:52 PM

Airport goes high-tech - on the ground

The Piedmont Triad Airport Authority is installing electronic vehicle charging stations at the airport — devices that should be in full operation by August.


Jul. 23, 2014 @ 04:52 PM

Planet Fitness will switch shopping centers

One shopping center’s loss will be another one’s gain when Planet Fitness relocates its High Point center later this summer.


Jul. 23, 2014 @ 04:40 PM

Former area economic recruiter lands S.C. post

The former head of the Piedmont Triad Partnership will become the first leader of the economic development group out of Hilton Head Island, South Carolina.


Jul. 23, 2014 @ 08:31 AM

City, airport leaders exchange appreciation

To bring home the tie between High Point and Piedmont Triad International Airport, economic recruiter Loren Hill on Tuesday referenced a precise figure — 4,161 feet.

 


Jul. 22, 2014 @ 01:12 PM

Furniture company leader shifting roles

Kevin O’Connor, president and chief executive officer of Samson Marketing and a former chairman of the High Point Market Authority board of directors, will step down as head of the marketing arm of Samson Holding.


Jul. 21, 2014 @ 02:21 PM

First for High Point happens tomorrow

The city will make some aviation history tomorrow, though it has nothing to do with a flight.


Jul. 01, 2014 @ 04:15 PM

Seasonal job-seekers bump up jobless rates

Jobless rates turned up in May after declining during the spring, but the seasonal factor of young people entering the summer job market may explain the increase, a local job service official said.

 


Jun. 30, 2014 @ 04:54 PM

Divide and move on - no department store to replace Kmart

The owners of a south High Point shopping center anchored by Kmart say they plan to subdivide the space once the department store closes at the end of the summer.


Jun. 26, 2014 @ 05:35 PM

Any drama this year with state market money?

When it comes to state funding for the High Point Market, the expression “what a difference a year makes” might serve as an understatement.


Jun. 24, 2014 @ 08:33 PM

Golden B reopening nears after accident

The past six weeks have offered an up-and-down odyssey for Golden B Restaurant co-owner Cush Bocholis and his family as they have coped with their small business closing temporarily because of a freak accident.