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Business events planned for May
The Greensboro Chamber of Commerce said it will hold two events in May.
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To our readers: Home Place section discontinued
To our readers
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Charlotte betting on keeping US Airways hub
Cranes rumbled and smoked recently at Charlotte Douglas International Airport, as workers drove pilings into the ground for the airport's new, $160 million parking deck.
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Wake Forest Baptist to 'aggressively reengineer' overall strategy
Wake Forest Baptist Medical Center has told employees it is considering reducing its workforce as part of a major initiative aimed at improving patient outcomes at a lower cost.
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Business Briefs: Yadkin Valley registers potential resale of stock
Yadkin Valley Financial Corp. said in a regulatory filing that preferred shares of its stock held by the Treasury could be sold by the agency as part of an overall auctioning of TARP shares to public investors.
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Primo secures more funding
Primo Water Corp. reported two pieces of positive funding news Friday, including a commitment for a $20 million line of credit from one of its lenders.
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Wells Fargo posts record quarterly profit
Wells Fargo & Co. reported Friday a 13 percent increase in net income to a record $4.02 billion in the first quarter.
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High Point Bank to open commercial office in Winston-Salem
High Point Bank is branching out to Winston-Salem with a commercial office that it expects will carve out a foothold in a crowded marketplace.
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Michigan company to buy Guilford Mills
An automobile seating company said Wednesday that it plans to buy Guilford Mills for an undisclosed amount.
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Business briefs
News from China, Europe bolsters Dow
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N.C. ranks high in use of economic incentives
North Carolina has been listed again as a top-performing state when it comes to overseeing economic-incentive packages.
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New coffee shop to open in downtown Winston-Salem
Rosie's Coffee & Tea coffee shop is moving into the former Brew Nerds space in downtown Winston-Salem.
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Business Briefs: N.C.'s foreclosure filings up 51.3% over year ago
N.C.'s foreclosure filings up 51.3% over year ago
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Chinqua Penn auction will cost $50 for admission
Collectors will have to pay $50 for the chance to bid on artifacts from Chinqua Penn Plantation that will be up for auction April 25-26.
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Feds ask for more information in proposed Duke-Progress merger
The Federal Energy Regulatory Commission wants more information from Duke Energy and Progress Energy on their latest merger plan.
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Business Briefs: May resigns as Krispy Kreme president, COO
Krispy Kreme Doughnuts Inc. said Tuesday that Kenneth May has stepped down as president and chief operating officer after serving in both duties for about 5½ months.
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The Briefcase: BB&T's bid to buy BankAtlantic advances
BankAtlantic Bancorp Inc. said Monday that its wholly owned subsidiary, BankAtlantic, has received approval from the U.S. Office of the Comptroller of the Currency to complete its sale to BB&T Corp.
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Appeals court overturns verdict against Reynolds Tobacco
A state appeals court in Florida vacated Monday a $79.2 million personal injury verdict against R.J. Reynolds Tobacco Co. — the largest award against Reynolds in the "Engle" progeny cases.
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Cornerstone Health Care to participate in national Cigna initiative
Cigna Corp. said Monday that a Triad health care provider is participating in its national initiative aimed at offering a higher level of service.
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Media General lists revenue projections if newspaper division is sold
Media General Inc. listed in a regulatory filing Monday its revenue projection for fiscal 2012 as a post-newspaper company, assuming it can sell its newspaper division.
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Business calendar for April 8
The networking referral groups of the Winston-Salem Chamber of Commerce will meet at the following times this week:Triad Synergy will meet from 8 to 9 a.m. Tuesday, Winston-Salem chamber boardroom, 601 W. Fourth St.
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Business Milestones
Pine Hall Brick Co. has hired one new executive and made five promotions...
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Lincolnton firm leads way on 'reshoring'
When Bruce Cochrane's family furniture company became an empty factory, he wouldn't drive by the building, even though it was just a short ride from home. There were too many memories of what was — and what he was sure would never be again.
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Banks, credit unions at odds over bill that would raise lending cap
Jim Dobbins didn't intend to enter the cross hairs of the skirmish between credit unions and banks over small-business lending.
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Personal Finance: Variable annuities' tax perk has a cost
Variable annuities are a triumph of marketing over arithmetic.
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