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Preview: Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

View Breaking Local News Headlines in Greensboro from the Business Journal of the Greater Triad Area. Access business resources, company profiles, business advice columns, local jobs & more.

Published: Sat, 21 Apr 2018 06:38:33 +0000

Copyright: American City Business Journals, Inc. and its licensors. All rights. reserved.

Rack'em up! New hotel brand coming to Triad hopes to draw guests with games

Fri, 20 Apr 2018 18:41:19 +0000

(image) Pool table will be part of common area of hotel coming to Burlington

Triad banks contribute to tornado relief efforts

Fri, 20 Apr 2018 18:31:09 +0000

(image) After a tornado swept through Greensboro and Rockingham County on April 15 that resulted in one fatality and more than a 1,000 damaged structures, banks in the region have joined in assisting relief efforts. BB&T Corp. (NYSE:BBT) announced Friday a $25,000 grant from its charitable fund to support four local organizations helping with the recovery and rebuilding of areas impacted by the tornado: Guilford Education Alliance, The Salvation Army of Greensboro, United Way of Greater Greensboro and…

Growing biotech jobs in the Triad? It's a 'Catch-22'

Fri, 20 Apr 2018 17:42:10 +0000

(image) The biotech company hopes its research in placenta tissue will eventually help wounds heal and people with arthritis avoid joint replacements. The potential is huge — but so is the challenge of securing funding.

Wells Fargo must pay $1B fine in order from federal regulators

Fri, 20 Apr 2018 17:41:45 +0000

(image) Wells Fargo & Co. (NYSE: WFC) will pay $1 billion in penalties to regulators, as part of a consent order announced today with the Office of the Comptroller of the Currency and Consumer Financial Protection Bureau. This new order was leveraged in response to fraudulent auto loan practices at Wells Fargo in regard to interest rate-lock extensions on home mortgages and collateral protection insurance placed on customers' auto loans. The CFPB previously levied a $142 million fine against Wells Fargo…

Experts say Triangle still has a shot at Amazon HQ2 – despite report favoring Boston, D.C.

Fri, 20 Apr 2018 17:23:29 +0000

(image) Another day brings yet another ranking that tempers the Triangle’s chances of winning Amazon’s proposed HQ2. This time, New York-based The Conference Board estimates that, based on “real-time labor demand,” the Triangle will lose its shot to Boston or Washington, D.C. To come up with its top picks, The Conference Board studied job types most common at Amazon’s existing Seattle headquarters, such as computer occupations, advertising and marketing. The firm then judged that “given the…

N.C. home featured in 'One Tree Hill' for sale

Fri, 20 Apr 2018 17:09:51 +0000

(image) Heads up, “One Tree Hill” fans. You just missed your chance to buy the home where Haley James Scott grew up and had her first kiss. The iconic Wilmington home was recently put under contract and the sale is set to close April 24. Located on Chestnut Street, the four-bedroom, three-bath home was listed by real estate agent Lois Potratz of Intracoastal Realty for $449,500. The current owners put it on the market because they are relocating to Winston-Salem to be closer to a new job.  According…

Guilford approves Amada incentives ahead of approaching site decision

Fri, 20 Apr 2018 15:55:05 +0000

(image) The Guilford County Board of Commissioners unanimously approved incentives up to $990,000 Thursday night for a potential $82 million manufacturing project totaling 201 jobs. The High Point City Council approved incentives up to $1.141 million Wednesday for Amada North America, bringing total approved local incentives to $2.161 million. The maker of sheet metal fabrication equipment is eyeing two High Point locations for the project, 2545 and 2565 Penny Road. Amada is also considering locations…

What Guerrilla RF will do with its $3.8 million raise

Fri, 20 Apr 2018 13:43:14 +0000

(image) CEO Ryan Pratt talks to TBJ about what startup Guerrilla RF plans to do with the $3.8 million just raised.

4/20 survey says these are the 20 'highest' tech companies

Fri, 20 Apr 2018 11:30:00 +0000

(image) Tech employees at companies based in the Bay Area and Seattle are more likely to be cannabis users than the average American. That's the conclusion of a survey done by Teamblind Inc., a San Francisco startup whose app Blind is a sort of anonymous online watercooler where corporate employees can exchange real-time feedback they otherwise might not be willing to share because of bureaucracy and office politics. Teamblind asked more than 5,000 users of its app whether they had used cannabis in the…

Amazon CEO Jeff Bezos' annual letter: Milestones, discontented customers and handstands

Fri, 20 Apr 2018 11:10:00 +0000

(image) Understanding two things it takes to perfect a handstand can help you build better products, services and company culture, Bezos told shareholders in his yearly letter.