News: Business

Mar. 31, 2014 @ 08:26 AM

Novel approach to alleged tax scam

A recent federal lawsuit filed against the perpetrators of Zeek Rewards alleges an unusual approach to a tax scam — instead of underreporting income, the pyramid scheme’s architects overstated how much they were making and paying to affiliates.

Mar. 27, 2014 @ 11:13 AM

North State TV customers may lose access to channels

Television customers of North State may lose access early next week to two dozen channels because of a national dispute between cable TV providers and Viacom.

Mar. 27, 2014 @ 01:44 PM

UPDATED: Pearson plant closing in High Point

The longtime Pearson Co. home furnishings plant on Progress Avenue will close later this year, the second plant in the area that will be closed by the company that took over the lines of bankrupt Furniture Brands International four months ago.

Mar. 26, 2014 @ 03:51 PM

Ukraine crisis doesn’t factor greatly into gas prices

Are you paying more recently at the pump to fill the tank of your car or truck? The ongoing crisis in the Ukraine isn’t the main culprit, a petroleum industry analyst says.

Mar. 26, 2014 @ 09:11 AM

Next Airport Authority leader may make history

When the new leader of the Piedmont Triad Airport Authority is named next month, it may mark a first for the board that dates from the outset of World War II.

Mar. 26, 2014 @ 10:45 AM

IMC chief blasts Pre-Market

A major player in the furniture industry on Tuesday gave a frank assessment of what he sees as challenges facing the High Point Market.

Mar. 25, 2014 @ 08:26 AM

No layoffs in wake of H.P. Regional merger anniversary

No layoffs are planned at High Point Regional Health now that a yearlong grace period is passing during which health care leaders pledged no changes in the work force in the wake of the merger with UNC Health Care.

Mar. 23, 2014 @ 03:00 PM

Major corporate park delayed

Plans for a corporate park just north of High Point are proceeding through the city approval process, but have one step remaining.

Mar. 17, 2014 @ 09:16 AM

PTIA lands infusion of state money

Piedmont Triad International Airport received $5.8 million in state money for a set of major projects.


Mar. 13, 2014 @ 05:49 PM

Zeek Rewards scam - like 'Monopoly money'

Buried midway through a lengthy court filing on the mammoth, malicious Zeek Rewards pyramid scheme is a two-word phrase that may sum up the con — “Monopoly money.”

Mar. 11, 2014 @ 02:53 PM

Cornerstone alerts patients about stolen laptop

Cornerstone Health Care is alerting patients about a laptop that was stolen or is missing that contained files for 548 patients, but not any financial or Social Security information.

Mar. 10, 2014 @ 06:05 PM

Belk readies new city location

The new Belk store, located in the Palladium at Deep River shopping center, has been open to the public for a couple weeks but will celebrate its grand opening Wednesday.

Mar. 08, 2014 @ 03:00 PM

Long-vacant site may get new business life

A tract of business property along N. Main Street that’s been vacant for the past 12 years could have new life in the near future.

Mar. 03, 2014 @ 04:18 PM

Insiders, money winners sued in pyramid scheme

The court-appointed receiver in the Zeek Rewards pyramid scheme has filed the first lawsuits against alleged insiders and net winners in an effort to recover more than $200 million for victims who lost money in the global swindle.

Feb. 24, 2014 @ 10:16 AM

RF Micro Devices plans merger

Chip maker RF Micro Devices Inc. and TriQuint Semiconductor Inc. are combining in an all-stock deal valued at about $1.56 billion.