July 3, 2009
You might have put the brakes on traveling this holiday weekend like a lot of other folks keeping a close eye on their wallet. But fear not. You can still make your July Fourth staycation sparkle without blowing a hole in your budget. Stores throughout th...
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July 1, 2009
NEW YORK — Soap and lotion seller Crabtree & Evelyn Ltd. says it filed for Chapter 11 protection on Wednesday, a victim of the recession and management missteps. The pressure of repaying debt forced the company to file for bankruptcy, acting Pre...
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June 29, 2009
RALEIGH (AP) — The popular PBS series "Antiques Roadshow" set an appraisal record in Raleigh when a collection of Chinese jade was valued at possibly more than $1 million.Show publicist Erika Denn said the four pieces of jade from the peri...
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June 28, 2009
BURLINGTON — The production area of this textile manufacturing company is a swath of concrete and brick walls and red, blue, hot pink, black and yellow fabric. Until last year, the palette at Fuller Specialty was entirely monochromatic. Their produc...
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June 26, 2009
You've probably heard of some amazing bargains in the housing market in these tough economic times. But when it comes to foreclosed homes, brace yourselves. Our real estate agent described an increase in what I like to call "home rage" during o...
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June 25, 2009
Retailer Dress Barn said today it will acquire Tween Brands, which operates Justice stores, in a stock-for-stock deal. The transaction is expected to close in the fourth quarter and is subject to Tween Brands stockholder approval and other customary closi...
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June 24, 2009
Faye Boswell knew going into this year's Hospice League of Alamance/ Caswell Flea Market that considering the economy, it was going to be tough to match last year's total.''It became very obvious from the very beginning that it was going to be almost impo...
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The recession steered a new type of customer to Walmart — deeper in the pockets and suddenly looking for bargains. Now the world's largest retailer has to figure out how to keep that customer when the economy recovers.So Walmart is bringing in more...
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June 23, 2009
FRAMINGHAM, Mass. (AP) — Discount retailer TJX says it has reached a settlement with multiple states, including North Carolina, related to a massive data theft at the parent company of retailers T.J. Maxx and Marshall's a few years ago. The Framingh...
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June 22, 2009
BELLEVUE, Wash. (AP) — With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something to worry a...
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June 21, 2009
GREENSBORO — Like many small car dealerships across America, City Motors is a family business. Leonard Cranford opened the dealership almost 40 years ago. His son, Mike, followed — his workplace since high school. They weathered gas crises, co...
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Distressed properties — foreclosures, pre-foreclosures, bank-owned and short sale properties — represent an estimated 40 percent to 50 percent of all home being sold today in major U.S. markets. In fact, it is estimated that 8 million U.S. pro...
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June 19, 2009
Forget fun and sun.This is the smartphone summer.Apple today will begin selling the latest version of the iPhone, a device that does everything from placing calls to playing music. The debut comes on the heels of rival Palm's Pre, which went on sale two w...
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For those on a tight budget (and who isn’t these days), you can still get your dad something that’s pretty cool for $10 and under in the Triad for Father’s Day.Examples:* Sears has a 500-watt Craftsman portable halogen worklight for $9.9...
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WASHINGTON (AP) — Car shoppers could take advantage of government incentives worth up to $4,500 this summer to send their old gas guzzler to the scrap heap in favor of a more fuel-efficient new vehicle.President Barack Obama is expected to sign into...
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June 18, 2009
Gloria Johnson says she and her husband will be taking a vacation and paying off some purchases after winning $137,024 playing the "Carolina Cash 5."The Trinity resident played numbers that had a special family significance in Wednesday's drawin...
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June 17, 2009
GREENSBORO -- Rachel Weeks had to hop off the phone for a lunch appointment Tuesday. “I’m sorry, I’ll just call back later,” said the 24-year-old Greensboro native and president of School House, a company founded on fair wages for...
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Little gets on a parent's nerves more on a steamy summer day than a hot, irritable child complaining of boredom.With less money for seaside vacations or expensive camp programs this year, parents might want to invest in a few outdoor summer toys that will...
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June 15, 2009
WINSTON-SALEM -- Ernest Edwards won nearly $300,000 playing North Carolina's "Carolina Cash 5" lottery game based on numbers that have a special family significance.The Winston-Salem resident matched all five numbers in the June 13 drawing...
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June 12, 2009
Consumer Reports magazine rates the best sunscreens so you won't get burned at the cash register. Two products in the SPF (sun-protection factor) 45-plus category that were "best buys," according to the magazine, were Walgreens' Continuous Spray...
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June 11, 2009
CONOVER (MCT) — The parent company of retailer Boyles Distinctive Furniture has filed for bankruptcy protection. Hendricks Furniture Group and sister company Classic Moving and Storage filed for Chapter 11 reorganization on Wednesday. Hendricks Fur...
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June 10, 2009
GREENSBORO — AT&T today announced the activation of a new cell site in Greensboro, which the company says will improve coverage for homes and businesses surrounding Lake Townsend.This site is the first of six new sites planned for the Greensboro...
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Save $1,000 in four weeks: Can you do it? Ramit Sethi thinks so.The Stanford graduate is on a personal finance mission. He's got a popular blog, write-ups in the Wall Street Journal and other high-profile business pubs, as well as a New York Times best-se...
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June 9, 2009
HINGHAM, Mass. — Women's clothing retailer Talbots says it will sell the J. Jill brand to a private equity firm for $75 million, a fraction of the $517 million it paid to acquire the brand in 2006. Hingham-based Talbots announced the sale Monday to...
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SAN FRANCISCO (AP) — Apple Inc. slashed the entry price for an iPhone in half and lowered some laptops by $300 Monday, the company's first dramatic price cuts since the recession began a year and a half ago.With co-founder and CEO Steve Jobs absent...
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