Business & Economy

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Business & Economy
10:00 am
Wed October 26, 2011

SAS Grows Despite Economy

Cary-based SAS has hired nearly 450 US workers this year.

The latest numbers show an increase in unemployment across the state.  But private sector jobs are growing and SAS is an example of that growth. 

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Business & Economy
5:55 pm
Tue October 25, 2011

Some New Players at Fall Furniture Market in High Point

In High Point the twice-annual furniture market is bringing business as well as back-ups to the Triad.

Earlier this year IMC (International Market Centers) purchased about 1 billion dollars of showroom space in High Point. The company now has 11.5 million square feet of exhibition space in High Point and Las Vegas, offering a bridge between two markets that have competed against each other in recent years. Tom Conley is the new President and CEO of the High Point Market Authority. He says the influence of IMC makes the market stronger.

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Business & Economy
11:37 am
Mon October 24, 2011

State Fair Attendance Tops 1,000,000; Vendors' Income Mixed

The North Carolina State Fair attracted more than million people for the second straight year. The fair closed out its 10-day run yesterday with more than 100,000 people. But overall attendance fell about 7 percent short of last year's record numbers. State agriculture spokesman Paul Jones says vendors reported mixed reviews about this year's revenue.

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Business & Economy
6:20 pm
Thu October 20, 2011

Financial Troubles for P.A.R.T.

Credit Jeff Tiberii
Commuters in Winston-Salem board a P.A.R.T. express bus bound for Greensboro

The Piedmont Authority for Regional Transportation is having its busiest year ever. The bus service connecting Winston-Salem, Greensboro, High Point and many smaller communities in the Triad is 9 years old. Yet despite strong ridership P.A.R.T. is in financial trouble.

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Business & Economy
10:00 am
Thu October 20, 2011

Chapel Hill Considers Looser Food Truck Rules

A motion presented by the Chapel Hill Town Council this week would make it easier for food trucks to set up shop in town. The latest proposal would require vendors to operate at least 100 feet from the entrance of a restaurant. That's similar to new food truck rules that went into effect this month in Raleigh. Food trucks are allowed in Durham under the city's zoning ordinances. The Chapel Hill Chamber of Commerce says food trucks are unfair competition for restaurants. Mayor Mark Kleinschmidt says the ordinance has other provisions designed to protect other businesses.

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