Town Prepares for Winter Shutdown as Offices and Public Facilities Close Ahead of Snowstorm
Town authorities have announced closures of local government facilities for Wednesday, February 19, due to severe winter weather forecasts, affecting both administrative operations and public services.
Quail Run Building Materials to Expand Operations with New Plant in Youngsville, Investing $1 Million and Creating Jobs
Quail Run Building Materials is expanding in Franklin County, NC, with a new $1 million manufacturing facility anticipated to create 5-10 jobs, enhancing the local economy and manufacturing sector.
Wake County Real Estate Sees $5K Increase in Median Prices and Surge in Sales for December 2024
Wake County reported a rise in median real estate prices to $460,000 and an increase in sales transactions for December 2024. The high-value segment saw notable growth, while the core market also experienced a surge in activity.
Acquisition Deal Saves Up to 400 Big Lots Stores from Closure, Preserving Jobs and Brand Presence
Big Lots' potential closure of stores is averted as up to 400 stores are sold, preserving jobs. Variety Wholesalers will buy 200-400 stores, maintaining the Big Lots brand and potentially retaining staff.
FedEx to Shutter Durham Center and Cut 341 Jobs in Raleigh Amid Operational Restructuring
FedEx is closing its Durham office and laying off workers in Raleigh, impacting a total of 341 jobs due to operational realignment. The company has provided WARN notices to North Carolina’s Department of Commerce.
Wolfspeed CEO Gregg Lowe Steps Down, Company Seeks Successor Amid Strategic Refocus
Wolfspeed's CEO Gregg Lowe steps down; interim led by Thomas Werner. The firm seeks new CEO and plans layoffs while focusing on silicon carbide chips and facility upgrades, buoyed by significant government funds.












