Business & Economy

Business & Economy
6:30 pm
Wed March 14, 2012

Guilford County Files Robo-Signing Lawsuit

Guilford County is suing some of the nation’s largest banks over forged mortgage documents.

Jeff Tiberii: Local officials want to put a stop to robo-signing. That’s the practice of third-party employees falsifying financial documents. It has been a national problem in the housing crisis. Register of Deeds Jeff Thigpen found more than 45-hundred mortgages in Guilford County that appear to have been forged.

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Business & Economy
9:00 am
Wed March 14, 2012

NC Job Growth in Business Services

North Carolina’s unemployment rate has remained over 10-percent for the past year.   Despite the high rate, one sector continues to experience growth.

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Business & Economy
8:00 am
Fri March 9, 2012

Linwood Furniture Files For Chapter 11

Another North Carolina furniture maker is facing financial trouble. Jessica Jones reports Linwood furniture of Davidson County has filed for Chapter 11 bankruptcy.

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Business & Economy
8:00 am
Thu March 8, 2012

CFO Survey Shows Optimistic Job Market

A global business outlook survey conducted by Duke University shows companies are beginning to hire again.

Leoneda Inge:  The quarterly Duke University, CFO Magazine Survey paints a much rosier jobs picture than in the past several quarters.  John Graham is a Finance professor at Duke and director of the survey.   He says Chief Financial Officers are optimistic in 2012.

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Business & Economy
3:09 pm
Wed March 7, 2012

Craftique Furniture Closing After 66 years

A high-end furniture maker in Alamance County is going out of business.

Jeff Tiberii: Craftique has been making hand-crafted mahogany furniture since 1946. But the Mebane based store is no longer making enough money. President Craig Shoemaker says business is only 30-percent of what it was six years ago.

Craig Shoemaker: We tend to think we were among the top five quality manufacturers left in the country and would love to have gone on for a long period of time, but unfortunately the economics just aren't there for us to do it.

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Business & Economy
3:00 pm
Mon March 5, 2012

Supporters of Greater Triangle YWCA Speak-Out

A community meeting will take place tonight to discuss the abrupt closing of the Y-W-C-A of the Greater Triangle.

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Business & Economy
5:27 pm
Sun February 26, 2012

Mayodan Mill Coming Down

The textile mill in Mayodan has been around longer than the town. Crews began taking it down earlier this month.

Jeff Tiberii: In between the railroad tracks and the Mayo River rests a once vibrant building. The windows of this former Washington Mills factory have long since been bricked up and no one has worked inside for 13 years. On the back side of the building is a gaping hole, and on this cool winter afternoon, workers are dismantling what has become a symbolic eyesore.

Bill Morehead: It was the backbone of the community, while it was running. It kept people working; they made a living, a good living.

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Business & Economy
10:50 am
Fri February 24, 2012

State of the Northeast Region Examined

The unemployment rate for the northeast part of the state continues to top 10-percent. But at today’s “Northeast State of the Region” event, economic developers are expected to show there’s positive progress.

Leoneda Inge: Sixteen counties make up Northeast North Carolina. Vann Rogerson is president of the North Carolina Northeast Commission. He says there are several projects underway that will provide a brighter future for the region, like a major grant to connect communities through broadband.

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Business & Economy
1:45 pm
Mon February 20, 2012

Complementary Cuts

Today in Greensboro some job-seekers will get free hair care.

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Business & Economy
4:00 pm
Fri February 17, 2012

Caterpillar Chooses Georgia over NC

Caterpillar has decided to build its new plant in Georgia, instead of North Carolina.

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