Business

  • Four in five U.S. small business owners anticipate strong finish to 2019

    Fri, Dec 06, 2019

    U.S. small business owners are entering the new decade on a high note, with 82 percent anticipating year-over-year revenue growth as they close out 2019, according to Charlotte, NC-based Bank of America’s “Small Business Owner Snapshot.”

  • Caldwell, Onslow, Pitt, Wilkes counties join "Most Economically Distressed" ranks

    Thu, Nov 28, 2019

    The North Carolina Department of Commerce released new county tier designations for 2020 on Wednesday.

    The designations, which are mandated by state law, play a role in several programs that assist in economic development.

    Eight counties will change tier designations for 2020.

  • Lowe's plans tech center expansion in Charlotte

    Fri, Jun 28, 2019

    Mooresville-based home improvement company Lowe’s will locate a major new technology center in Charlotte, creating more than 1,600 jobs, company officials said. Set to open in late 2021, the 357,000-square-foot facility will be located in a new 23-story tower.

  • Duke Energy proposes slight rate decrease for NC customers

    Wed, Jun 12, 2019

    Duke Energy Progress made its yearly filing with the North Carolina Utilities Commission for costs associated with fuel and various government mandates, such as renewable energy output.

  • Tanger Outlets president stepping down

    Wed, Jun 12, 2019

    Greensboro-based Tanger Factory Outlets said that President/COO Thomas McDonough plans to retire at the end of 2019.

    Tanger Factory Outlet Centers operates and owns 40 outlet shopping centers, including two North Carolina locations in Mebane and Blowing Rock.

  • Beaufort Hotel joins Choice Hotel network

    Tue, Jun 11, 2019

    The Beaufort Hotel has been added to the Choice Hotel network as part of their Ascend Collection of “unique, boutique, and historic hotels and resorts” which the chain says must “reflect their surrounding community.”

  • BASF expands RTP footprint

    Mon, Jun 10, 2019

    German chemical manufacturer BASF opened its new global Agrochemical Application Research Center (AARC) in Research Triangle Park last week.