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January 20, 2018

A Rocky Mount bank was recently part of a purchase by a South Carolina financial institution that bank officials say has created the second largest community bank in the Carolinas with total combined assets of more than $3 billion.

Carolina Financial Corp., the holding company of CresCom Bank,…


Stocks close higher as market sets latest record high

January 20, 2018

Investors shrugged off the potential for a federal government shutdown Friday, driving U.S. stocks higher and setting new milestones for several of the indexes.

The Standard & Poor’s 500 index, Nasdaq composite and Russell 2000 index of smaller-company stocks finished at record highs as…


Annual furniture sale to kick off downtown

January 19, 2018

Thousands of people are expected to come out for the big traditional warehouse sale set to take place this weekend in downtown Rocky Mount.

The first day of the 2018 Bulluck’s Gigantic Warehouse Sale runs from 9:30 a.m. to 5 p.m. Saturday and continues from 1 to 5 p.m. Sunday at the historic…


Raleigh among 20 cities being considered for Amazon headquarters

January 19, 2018

NEW YORK — Amazon narrowed its search for a second headquarters city Thursday to 20 locations, concentrated mostly in the East and the Midwest, including Raleigh.

Toronto made the list as well, as the company kept its international options open.

The online retailing giant said that after…