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Mortgage deal to bring N.C. $338M
North Carolina will receive $338 million from a landmark $25 billion national mortgage settlement involving the five largest U.S. lenders, the N.C. Attorney General's Office said Thursday.
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Winston-Salem produce company sold to Florida company
An 82-year-old Winston-Salem company, Branscomb Produce Co., has been sold to Lipman, a Florida agriculture company that is the largest field tomato grower in North America.
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Reynolds confirms job cuts at Tobaccoville plant
Reynolds American Inc. confirmed Wednesday that it has cut an undisclosed number of production jobs at its Tobaccoville plant as part of a business analysis that began Jan. 26.
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Reynolds American income jumps 16%
The ability to halt — at least for a quarter — an overall sales decline enabled Reynolds American Inc. to post Wednesday a 16 percent increase in profit to $304 million in the fourth quarter.
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Solstas to add 500 jobs in High Point
Solstas Lab Partners decided after a 21-month search that there was no place like home for its largest infrastructure expansion.
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Inmar considers expansion in Winston-Salem with 212 jobs
Inmar Inc.'s request for up to $2.8 million in local incentives could prove a litmus test for how much elected officials are willing to pay to keep a thriving new-economy company.
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Unifi has second loss in four quarters
Rising raw-material costs overshadowed increased sales for Unifi Inc., contributing to its second loss in the past four quarters.
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B/E Aerospace doubles profit in fourth quarter, chairman says
B/E Aerospace Inc. ended 2011 with a financial performance that its top executive called "the best in the company's history."
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Triad job market limps through '11, data show
The Triad job market essentially treaded water during 2011.
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BNC Bancorp posts 4th-quarter profit
A significant uptick in revenue and continued improvement in its loan portfolio enabled BNC Bancorp to post a $797,000 profit in the fourth quarter, the bank reported Tuesday.
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Womble Carlyle buys S.C. law firm
Womble Carlyle Sandridge & Rice LLP said Tuesday it is expanding its presence in South Carolina by acquiring the law firm of Hall and Bowers LLC in Columbia.
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Graylyn Estates' renovated guest house to reopen April 1, Wake Forest University says
The Graylyn Estate said Tuesday it will reopen its Mews operation on its 55-acre campus in Winston-Salem on April 1.
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Duke Energy has openings for line service workers
Duke Energy will hold a job fair from 10 a.m. to 2 p.m. Tuesday for apprentice line service workers in its Carolinas service area.
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Reynolds American prepares for more job cuts
Another round of job cuts is hanging over Reynolds American Inc.
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Vaughan-Bassett announces reopening of furniture plant in Galax
Vaughan-Bassett Furniture Co. officially shifted from surviving to thriving Thursday.
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Media General loses $3.3 million in 4th quarter
Lower revenue from broadcast and print divisions led to a $3.3 million loss for Media General Inc. in the fourth quarter, the company reported Thursday.
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Yadkin Valley Financial reports second consecutive profitable quarter
Yadkin Valley Financial Corp. reported Thursday its second consecutive profitable quarter, bolstered by improvements in its loan portfolio over the past year.
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State health official stepping down
A second top N.C. health-care official is stepping down amid major leadership changes in the administration of Gov. Bev Perdue.
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Analyst questions whether Targacept stock is worthless
Analyst asks thought-provoking question -- "Is worthless really a fair assessment of Targacept.?
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Insteel reports lower first-quarter loss
Insteel Industries Inc. reported Thursday a sharply lower loss for its first quarter of fiscal 2012.
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BB&T reports best quarter in more than three years
BB&T Corp. reported Thursday an 88 percent increase in net income to $391 million for the fourth quarter.
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High Point officials approve offering incentives to Solstas
One incentive package approved, one to go for Solstas Lab Partners and its pursuit of a 500-job expansion in High Point.
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B/E Aerospace lands $800 million contract with Boeing
B/E Aerospace Inc. said Tuesday it has landed an $800 million contract with The Boeing Co. to become the exclusive manufacturer of modular lavatory systems for its next-generation 737 series.
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Wells Fargo reports record earnings of $4.1 billion in fourth quarter
A growing customer base and increased loan activity have Wells Fargo & Co. officials feeling confident that the bank will carry over significant momentum from its record-breaking 2011 profits.
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Chief of Piedmont Triad Research Park to leave
Doug Edgeton, the energetic face of Piedmont Triad Research Park, announced Friday his plans to resign as its president, effective Feb. 29.
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