One of the Biggest Economic Development Projects in the Country is Taking Place in Winston-Salem
The area within the Wake Forest Innovation Quarter in Winston-Salem will soon look like a town within the city.
Arguments Over Social Security Pit Old Vs. Young
Social Security accounts for about 20 percent of federal spending. As Congress edges toward having to come up with a new spending plan, one argument in favor of cuts is that Social Security amounts to a huge transfer of wealth from the young to the old.
Etsy's New Policy Means Some Items Are 'Handmade In Spirit'
Online marketplace Etsy is a hive for creative vendors selling handmade goods. But the site recently said it will allow sellers to outsource their manufacturing. Some vendors with growing businesses are delighted at this news; others feel Etsy is abandoning its small enterprises.
Development Means More Commercial Growth For Former Mill Neighborhood
James Mabe has lived in the same small, one-story home on Ricks Drive since he was a grade-school boy in the 1940s. Back then the village he grew up in off Stratford Road had unpaved streets, outside bathrooms and a company store run by the Hanes Company. Hanes built the homes in the early 20th Century for employees of its spinning mill next door. Now the community called Hanestown is a neighborhood in flux.
Moving In With Manufacturers, Amazon Delivers A New Approach
Amazon has been quietly making inroads into a new approach to retail, partnering with manufacturers to ship products directly from the warehouse to consumers, essentially taking out the middle man. The online retailing giant's move comes as it and its competitors experiment with faster delivery.
JPMorgan To Front Customers If Federal Shutdown Drags On
JPMorgan Chase says it will cover Social Security and Welfare payments for its customers if the government goes into default or the shutdown continues. The bank would almost certainly get its money back once Congress comes to an agreement.
A Company's Tweets Can Help Make It Creditworthy
Banks use credit scores and similar metrics to assess creditworthiness. A company called Kabbage that lends working capital to small businesses does some of that but also relies on unconventional measures, using real-time data from things like UPS shipments, eBay, Facebook and Twitter.
One Roof, Many Generations: Redefining The Single-Family Home
Homebuilders are finding there's a post-recession demand for bigger houses, and it's partly thanks to boomerang kids who can't find jobs and aging parents who can't afford to live alone anymore.
What Happens When You Just Give Money To Poor People?
Kenyans who received money with no strings attached started businesses and bought food for their kids, according to a new study. They didn't spend it on alcohol or cigarettes.
Triad Business Roundup: Health, Housing and Handshakes
This week's business report is a roundup of several topics.