Companies & People
Goodwill opens specialty record and media store in Matthews
MATTHEWS - Goodwill Industries of the Southern Piedmont opened Rewind, a specialty record and media store, Friday in downtown Matthews.
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Development & Infrastructure
RTI offers about 300,000 square feet at RTP campus for lease
DURHAM - RTI International has placed roughly 300,000 square feet of office space across three buildings at its Research Triangle Park headquarters campus on the market.
Development & Infrastructure
Helicopter work causes widespread Cary-area power outage
CARY - Helicopter vegetation work for a railroad damaged Duke Energy equipment and caused a widespread outage that disrupted businesses and town facilities in Cary and Morrisville.
Development & Infrastructure
North Carolina awards $9.8M for 25 local park projects
RALEIGH - North Carolina awarded more than $9.8 million for 25 local park and recreation projects, with local matching funds helping support broader statewide investment.
Government & Business
North Carolina awards $2.49M to 46 technology companies
RALEIGH - North Carolina awarded 50 grants totaling about $2.49 million to 46 small businesses developing technologies across 13 counties.
Government & Business
Drought worsens in parts of North Carolina as water levels fall
RALEIGH - Drought conditions worsened in parts of North Carolina as low stream and reservoir levels prompted conservation requests and reduced hydropower generation at Kerr Lake.
Companies & People
Michael Lyons takes over as Truist president and CEO
CHARLOTTE - Michael P. Lyons became president and chief executive officer of Truist Financial and Truist Bank on Sept. 1, succeeding William H. Rogers Jr.
Companies & People
Old Dominion Freight Line says August revenue per day rose 12.4%
THOMASVILLE - Old Dominion Freight Line said revenue per day rose 12.4% in August from a year earlier even as daily freight tonnage edged lower.
Companies & People
Albemarle names BHP executive Ragnar Udd as next CEO
CHARLOTTE - Albemarle has named BHP executive Ragnar "Rag" Udd as president and CEO effective Feb. 1, 2027, with Kent Masters moving to executive chairman.
Development & Infrastructure
U.S. 401 intersection project opens nearly a year early
RALEIGH - NCDOT has completed improvements at three North Raleigh intersections on U.S. 401, opening the corridor nearly a year ahead of schedule.
Companies & People
Cape Fear BioCapital closes first fund at about $9M
DURHAM - Cape Fear BioCapital has closed its first fund at about $9 million after investing in seven North Carolina life-science companies.
Companies & People
Parks Hospitality doubles Raleigh headquarters space, plans 60 hires
RALEIGH - Parks Hospitality Group has doubled its North Hills headquarters space and plans to add 60 employees companywide in 2027 as new hotels open.