News: Business

Jun. 16, 2014 @ 05:12 PM

Big jump at pump - Iraq conflict could push up gas prices

The battle raging in Iraq that threatens to turn into a civil war could bring an unwelcome ripple effect soon for local motorists.


Jun. 13, 2014 @ 04:32 PM

Group interested in Kilby not giving up on Washington Street

The historic Kilby Hotel may have fallen in on itself in the aftermath of a severe thunderstorm this week, but that doesn’t mean the group that was interested in renovating the building will walk away from Washington Street.


Jun. 12, 2014 @ 01:54 PM

Kmart will close High Point store

The city’s lone Kmart store will close this fall, with a liquidation sale beginning at the end of this month.


Jun. 10, 2014 @ 08:11 PM

Staples will relocate to popular shopping center

At a time when the pressing debate locally centers on the city’s economic future and getting High Pointers to shop locally, one major retail property just keeps on humming.


Jun. 05, 2014 @ 04:51 PM

Pyramid scheme victims on cusp of monetary justice

Two years after their entrapment in a mammoth Ponzi scheme became public, victims of the Zeek Rewards swindle finally may receive some restitution this autumn.


Jun. 05, 2014 @ 01:41 PM

BNC continues acquisitions through S.C. bank

BNC Bancorp, the holding company for Bank of North Carolina, on Thursday announced it has entered into an agreement to acquire all of the common stock of Harbor Bank Group Inc., the holding company for Harbor National Bank out of Charleston, S.C.


Jun. 02, 2014 @ 07:59 PM

New life for Kilby? Group may save hotel

The deteriorating Kilby Hotel near downtown may be saved through a California-based group that has taken over and revitalized historic, dilapidated properties on the West Coast.


May. 28, 2014 @ 04:14 PM

City jobless rate dips to six-year low

Two words appearing more and more often in local business circles reflect a steadily improving employment market — “job fair.”


May. 27, 2014 @ 08:04 AM

Worker's odyssey reflects scope of the downturn, budding recovery

Scott White sits at the desk of his small office lit by sunshine, cherishing the job he loves while surrounded by pages of construction plans spread across a long, rectangular table.


May. 14, 2014 @ 04:54 PM

Maola milk changes will boost High Point production

A loss for the economy in New Bern will end up as a boost for the local economy here.

 


May. 12, 2014 @ 05:38 PM

Crisco, primary opponent to Aiken, dies in fall

A North Carolina textile entrepreneur locked in a too-close-to-call Democratic Party primary with former "American Idol" singer Clay Aiken has died.


May. 12, 2014 @ 01:46 PM

Some Steelcase production will shift to Mexico

The first workers at the Steelcase Inc. factory that’s closing in south High Point could lose their jobs late this summer or early this fall, and some of the production there will be shifted to Mexico, according to a notice provided by the company.


May. 08, 2014 @ 08:36 AM

Job fair set today at Oak Hollow Mall

Goodwill Industries of Central North Carolina will co-host a Career & Resource Fair with the High Point Workforce Career Center from 10 a.m.-2 p.m. today. The free event will be held at Oak Hollow Mall at 921 Eastchester Drive.


May. 06, 2014 @ 04:43 PM

Steelcase to close city plant

Steelcase will close its plant in south High Point in stages during the next year and a half to two years, costing 230 workers their jobs.


May. 05, 2014 @ 04:15 PM

Furniture company may expand in Randolph County

An unidentified private company based in High Point is considering whether to open an upholstered furniture assembly and distribution plant in eastern Randolph County that could lead to 150 new jobs.