WINSTON-SALEM — The historic R.J. Reynolds Tobacco headquarters in Winston-Salem has a new owner who has plans to convert it into a mixed-use building. The Winston-Salem Journal reports (http://bit.ly/1mnN9z5) PMC Property Group to spend $7.8 million to buy the 22-story ...Read More »
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CHARLOTTE — Norfolk Southern has told the Charlotte Area Transit System it won’t share its freight railroad tracks for a proposed commuter train. The Charlotte Observer reports (http://bit.ly/1m1suXg) that CATS planned to use the existing tracks that run parallel to ...Read More »
CHARLOTTE — Bank of America is laying off 540 workers in a division that handles troubled mortgages. The Charlotte Observer reports (http://bit.ly/UKAOzk) that the cuts announced Wednesday amount to nearly two-thirds of the local workforce in the Legacy Asset Servicing ...Read More »
RALEIGH — Two regulatory overhaul bills that target protest petitions, mugshots, tanning beds and autism insurance have been approved in the North Carolina House. The two bills passed Wednesday night, although Republicans were divided over the bills. Many GOP lawmakers said the bills ...Read More »
RALEIGH — North Carolina House members and film industry leaders argue anything short of a one-year extension on current tax credits for movie and TV production expenses will mean lost jobs in the state. Wilmington-area lawmakers and film executives held a Legislative Building ...Read More »
RALEIGH — The boundary between North Carolina and South Carolina will be the subject of a program sponsored by the North Carolina State Archives. The program will be Monday afternoon in the State Archives Search Room at the North Carolina Department of Cultural Resources in Raleigh. The chief of the North Carolina Geodetic Survey ...
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Activist investor Carl Icahn is urging discount retailer Family Dollar Stores Inc. to put itself up for sale immediately, saying its performance is weakening and it faces mounting competition. Icahn is also calling for three of his representatives to be ...Read More »
ORANGEBURG, S.C. — Supermarkets, full-service restaurants and boutiques are among the businesses that could again draw people to downtown Orangeburg. Such amenities, as well as sprucing up and fixing dilapidated buildings, are among the suggestions that community planners say could ...
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RALEIGH — North Carolina’s unemployment rate increased slightly in May as the percentage of people losing their jobs outpaced job growth. The state Commerce Department reported Friday that North Carolina’s unemployment rate was 6.4 percent in May, which was two-tenths of a percentage point up from ...
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