Kevin Ellis

HanesBrands’ sale of its Champion brand business will lead to the permanent layoff of 75 workers at its High Point distribution center on Eagle Hill Drive, according to a report filed with the N.C. Department of Commerce.

A German-based manufacturer of wire baskets for dishwashing machines will shut down in New Bern, resulting in the loss of 119 jobs.

A Welsh semiconductor manufacturer that has operated in Greensboro for more than a decade announced a $305 million investment that will add 109 jobs to its existing operations.

Insurance Commissioner Mike Causey says his work as a “consumer advocate” over the past eight years led Tar Heel voters to elect him to a third, four-year term. The 74-year-old Republican won 52.2% of the vote, while Democrat challenger Natasha Marcus got 47.8%. She is a Duke University law graduate who has represented Mecklenburg County in the state Senate for three terms.

Sports apparel company Tegra Global will close its plant in Concord on March 31, resulting in the loss of 61 jobs, according to paperwork filed with the N.C. Department of Commerce.

A Massachusetts-based software company that recently completed the $875 million purchase of Raleigh-based ShareFile announced that 199 of its employees will be terminated.

PNC Bank announced Friday it will add 35 branches in North Carolina over the next five years, with 10 going to the Raleigh area and 25 in the Charlotte market. The move is part of an overall $1.5 billion investment by PNC to add 200 branches in 12 cities across the country.

A company that takes frozen water to craft “stunningly beautiful, crystal clear craft ice to elevate your cocktail experiences” will invest $14.7 million and create 26 jobs at a new manufacturing facility in Forest City.

Belmont-based Piedmont Lithium has almost halved the number of its employees this year to cut costs. The company completed a 32% reduction in workers in October, and earlier reported it had decreased its workforce by 27% in February.

Conflict Of Interest Donald Trump wins the presidency by a decisive margin in a country with four percent unemployment, inflation under control and people's stocks and 401ks doing really well.