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Economy

Apple buys 16 acres in Maiden (access required)

Apple is snatching up more property in Maiden, but it’s unclear what the company plans to do with it. The Cupertino, Calif.-based computer giant already owns a large data center in Maiden, a town that sits in Catawba and Lincoln ...

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Construction spending rises for 3rd straight month

U.S. builders spent more in October on homes, offices and shopping centers, pushing construction spending up for a third straight month. Despite the gains, construction spending remained depressed. Construction spending rose 0.8 percent in October to a seasonally adjusted annual rate of $798.5 billion, the Commerce Department said this month.

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