More from Business

  • Pending home sales decline in January

    By JOSH BOAK | February 29, 2016 - 8:57pm

    WASHINGTON — Fewer Americans signed contracts to buy homes in January, as the recent hot streak appears to have been curbed by a shortage of properties for sale and colder weather.

  • What a recession does to your money

    By Stan Choe | February 29, 2016 - 6:00am

    NEW YORK – If we are indeed in the midst of a recession – and we won’t know we’re in one until well after it’s begun – stocks likely still have a long way to go down.

  • New brewery opens in Tarboro

    By LINDELL JOHN KAY | February 27, 2016 - 6:30pm

    TARBORO – Beer from the Tarboro Brewing Co. is now available at local pubs with its taproom set to open soon.

  • Consumer spending jumps in January

    By Martin Crutsinger | February 26, 2016 - 10:42pm

    WASHINGTON — The U.S. economy got a double dose of good news Friday.

  • Stocks post solid gains on rising oil prices

    By KEN SWEET | February 25, 2016 - 8:49pm

    NEW YORK — A late-day surge pushed U.S. stocks sharply higher Thursday, propelled by a recovery in energy companies and bank stocks, which have been hit hard this year.

  • Stocks erase early losses to post modest gains

    By KEN SWEET | February 24, 2016 - 10:17pm

    NEW YORK — The stock market reversed steep declines and ended slightly higher on Wednesday, thanks in part to a pickup in the price of crude oil.

  • Sales, prices rise in housing market

    By JOSH BOAK | February 24, 2016 - 12:24am

    WASHINGTON — U.S. home sales are climbing. Prices are rising, too. So the outlook for the housing market is golden, right?Not entirely.

  • Organizers extend deadline for Shark Tank entries

    By COREY DAVIS | February 23, 2016 - 10:57pm

    Aspiring entrepreneurs and startup business owners have a little more time to enter an upcoming entrepreneurial competition.

  • U.S. economy growing but faces global headwinds

    By Kevin Freking | February 22, 2016 - 11:21pm

    WASHINGTON — The U.S. economy has just completed the best two years of job growth since the 1990s, wages are on the rise and consumers are more confident about the economy than they’ve been in more than a decade.

  • Hustle pays off for indie retailers

    By Joyce M. Rosenberg | February 22, 2016 - 6:00am

    NEW YORK – When people line up at a coffee shop for their morning brew or crowd a bookstore to meet a famous author, don’t assume they’re patronizing a national chain.

  • Consumer prices show signs of acceleration

    By JOSH BOAK | February 19, 2016 - 9:41pm

    WASHINGTON — U.S. consumer prices were unchanged in January, as the rising costs of housing and health care were largely offset by cheaper oil.

  • Newcomer buys longtime local business

    By COREY DAVIS | February 19, 2016 - 9:12pm

    Although his intention was to find the right business opportunity, transplant Bill Henkel said he has enjoyed moving his family to the Rocky Mount area and is confident about being successful in running a longtime business in the Twin Counties.

  • Stocks slide as three-day rally ends

    By MARLEY JAY | February 18, 2016 - 11:11pm

    NEW YORK  — Stocks slipped Thursday as a three-day rally ran out of steam.

  • Homebuilder sentiment slips in February

    By Alex Veiga | February 16, 2016 - 10:45pm

    U.S. homebuilders are feeling less confident about their sales prospects ahead of the spring home-selling season, though they remain positive overall that the housing market will continue to improve this year.

  • U.S. OKs first factory in Cuba since revolution

    By MICHAEL WEISSENSTEIN | February 15, 2016 - 9:01pm

    HAVANA — The Obama administration has approved the first U.S. factory in Cuba in more than half a century, allowing a two-man company from Alabama to build a plant assembling as many as 1,000 small tractors a year for sale to private farmers in Cuba.

  • Companies also feel effects of Zika

    By Joyce M. Rosenberg | February 15, 2016 - 6:00am

    NEW YORK – Some small U.S. companies are getting an influx in calls – and in some cases, unexpected business – due to fears about the Zika virus.

  • Wesleyan set to host marketing symposium

    By COREY DAVIS | February 14, 2016 - 7:38pm

    N.C. Wesleyan College is set to a host a day-long symposium next month featuring specialists on marketing and innovation.

  • Brewmill project gets new name

    By COREY DAVIS | February 13, 2016 - 8:23pm

    In an effort to show the public a better idea of the full development taking place off Falls Road, Capitol Broadcasting Co. has recently changed the name of the Rocky Mount Brewmill to the Rocky Mount Mills.

  • Retail sales rise in January

    By CHRISTOPHER S. RUGABER and ANNE D’INNOCENZIO | February 12, 2016 - 11:51pm

    WASHINGTON — U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices.

  • Tax workshop advises local business owners

    By COREY DAVIS | February 12, 2016 - 9:21pm

    With income tax season in full swing, a few small business owners got to hear from a local certified public accountant Thursday about certain tax practices to look out for and implement in their businesses.

  • Decision by feds boosts self-driving cars

    By TOM KRISHER and JUSTIN PRITCHARD | February 12, 2016 - 12:23am

    DETROIT — Computers that control cars of the future can be considered drivers just like humans, the federal government’s highway safety agency has decided.

  • Developer plans to expand Belmont Lake Preserve

    By COREY DAVIS | February 11, 2016 - 11:32pm

    Already big spenders in the Rocky Mount area, Maryland-based Halle Companies is making more investment and has ongoing development happening at the 1,400-arce Belmont Lake Preserve.

  • Burger King to add hot dogs to its menu

    By Candice Choi | February 10, 2016 - 11:29pm

    NEW YORK — Burger King is looking for a new crown: Hot Dog King.

  • Company puts tech skills on display

    By Brie Handgraaf | February 9, 2016 - 11:11pm

    A tour of Babington Technology on Tuesday during a visit to Rocky Mount gave Lt. Gov.

  • Roundtable focuses on small business issues

    By COREY DAVIS | February 9, 2016 - 11:10pm

    Local business owners and leaders from across the Twin Counties were able to participate in a question-and-answer session with Lt. Gov.