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September 25, 2017

First Carolina Financial Services Inc. and First Carolina Bank recently announced the election and appointment of Charles “Chad” A. Paul III to their combined Board of Directors.

Paul has over 25 years of experience in the financial services industry, having served on several North…

September 25, 2017

The stock market has enjoyed an extended period of strong performance that dates back to the end of the last bear market in early 2009.

While stock market performance can be measured in a myriad of ways, it’s the Dow Jones Industrial Average that has surpassed several one thousand point…

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September 24, 2017

NEW YORK — After a troubled youth himself, Phillip Cohen made it a practice to hire people at his woodworking business who have also struggled with addiction and mental health issues. But when an employee died from a drug overdose, he adopted a zero-tolerance policy.

“I think I have…

SmallBiz-Small Talk-Substance Abuse-2

September 23, 2017

Small businesses looking to grow in the marketplace face several obstacles, especially those ran by people of color.

According to a recent report by the N.C. Justice Center’s Budget & Tax Center, businesses owned by minorities or people deemed to be historically disadvantaged have faced…

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September 23, 2017

NEW YORK — Toys R Us may have filed for Chapter 11 reorganization, but the toy chain is revving up its holiday hiring.

The Wayne, New Jersey-based chain said Thursday it will be accepting job applications for part-time holiday positions at stores and distribution centers in the U.S. That…

APTOPIX Toys R Us-Holiday Hiring

September 22, 2017

Carl and Michelle Strickland, owners of an Everlasting Memory Monument Co. in Rocky Mount, recently hosted a luncheon to show appreciation to all fire, rescue and EMS employees, with over 80 from the Nash County-Rocky Mount area attending.

An Everlasting Memory combined with other local companies…

092417COMappreciation

September 22, 2017

WASHINGTON — A healthy gain in the stock market and steadily increasing home prices boosted Americans’ household wealth this spring, a trend that likely adds to the nation’s inequality.

The Federal Reserve said Thursday Americans’ net worth rose 1.8 percent to $96.2 trillion…

Net Worth

September 21, 2017

WASHINGTON — The Federal Reserve will begin shrinking the enormous portfolio of bonds that it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and other loans over time.

The Fed…

Federal Reserve Yellen

September 20, 2017

NEW YORK — In filing for bankruptcy, Toys R Us joins a list of dozens of store chains that have done so already this year as online leader Amazon increasingly exerts its influence over a huge part of the retailing world.

The toy chain, hobbled by $5 billion in debt and more intense…

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September 20, 2017

NASHVILLE — A longtime local grocery store will shut down at the end of the month.

JustSave Foods at 731 E. Washington St. in Nashville is scheduled to close by Sept. 30. Kimberly George, vice president of communication and corporate citizenship of Alex Lee Inc., JustSave’s parent…

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