News: Business

Sep. 10, 2013 @ 04:14 PM

Bankruptcy costs furniture industry jobs

Financially troubled Furniture Brands International is laying off 1,451 workers in northeast Mississippi after filing for Chapter 11 bankruptcy.


Sep. 08, 2013 @ 04:47 PM

How much regulation is too much?

In the world of business, regulation can be a dirty word.


Sep. 08, 2013 @ 03:00 PM

Less hassles flying - PTIA gets upgraded passenger screening

Piedmont Triad International Airport is among the latest airports in the country that will receive an upgraded passenger screening program through the U.S. Transportation Security Administration.


Sep. 08, 2013 @ 03:00 PM

New Belk taking shape

Crews are working on the site for the new Belk department store in north High Point.
The retailer announced plans earlier this year to relocate its High Point store from Oak Hollow Mall to the Palladium Shopping Center. The site is near the intersection of Wendover Avenue and Samet Drive.


Sep. 01, 2013 @ 03:00 PM

Move could benefit CVB, Chamber

Leaders of two High Point organizations with complementary roles say a pending move in which they will share a location should be mutually beneficial.


Aug. 31, 2013 @ 08:12 PM

Space crunch?

When it comes to competing for meetings, trade shows and conventions, it’s no secret that High Point lags behind some of its neighbors.


Aug. 28, 2013 @ 05:57 PM

Terrell named businesswoman of year

Standing at a podium at High Point Country Club Wednesday, Dr. Grace Terrell wasn’t expecting to see her parents and other family members in the back of the room.


Aug. 28, 2013 @ 02:41 PM

Jobless rates reflect positive and negative

The latest report on local unemployment across the High Point area and North Carolina offers positive and negative signs for the present and future.


Aug. 24, 2013 @ 03:00 PM

Peaceful coexistence?

“Las Vegas Market announced today that the just-concluded Summer Market was a smashing success, with growth in buyer attendance across all categories, including furniture, decor and gift.”
A few years ago, that sentence would have struck fear in the hearts of High Point Market supporters.


Aug. 17, 2013 @ 03:00 PM

City building permits up

If you want to get a feel for how much construction activity is going on in High Point, don’t look for red dirt being moved around.


Aug. 09, 2013 @ 06:16 PM

More of the same?

The economy will continue to disappoint.
That’s the conclusion drawn by a N.C. Bankers Association economist in a new study that looks at the banking sector, as well as housing, the financial markets, manufacturing, unemployment and other segments of the economy.


Aug. 08, 2013 @ 03:05 PM

Furniture Brands heading toward bankruptcy?

Shares of Furniture Brands International Inc., which has a major presence at the High Point Market and in North Carolina home furnishings, continued dropping this week after an analyst said he believes the company is headed toward liquidation or bankruptcy.
 


Aug. 04, 2013 @ 05:33 AM

Purple money: Local businesses encouraged to profit from High Point University

Last school year, more than $500,000 from HPU's Passport Partner cards was spent at local businesses.


Aug. 02, 2013 @ 08:13 AM

Calling it a day at 80

The Henry James Bar-B-Que on S. Main Street, a fast-food staple since 1979, has closed as the founder of the company retires at the age of 80.


Aug. 01, 2013 @ 11:41 AM

UPDATED: North State completes deal with AT&T

North State Communications has completed its previously announced deal with AT&T that includes the sale of its wireless assets in the High Point and Greensboro areas and a store at N. Main Street and Parris Avenue.
But the High Point-based telecommunications company emphasizes that the pact with AT&T isn’t a sale of the entire company, and that North State remains committed to its long-term future.