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Development

West End Center gets $100 million reboot as developer hunts for data center tenant

Black Mountain Energy Storage II LLC is marketing the turnkey properties as West End Data Center to potential tenants.

Development

New Truist CEO takes accelerated pace to transformational changes at bank

Truist Financial Corp. chief executive Mike Lyons led off his prepared third-quarter remarks by saying "we have all the raw materials to become one of the country's top-performing banks, and this is our overwhelming No. 1 objective. It is no secret that we have not performed up to our potential over the last several years, including falling short of the financial goals set forth at the time of the merger."

Real-estate

Apartment sales keep rolling in Guilford County with $17.55 million deal

Twelve complexes have sold for at least $12.9 million each since January 2025.

Local

Are gas stations passing along NC's tax break?

North Carolina suspended its gas tax through at least Nov. 30. But some drivers are raising red flags about prices at the pump.

Business

Kontoor, Old Dominion Freight Line boards declare quarterly dividends

Greensboro-based Kontoor Brands Inc.'s board of directors declared a regular quarterly cash dividend of 54 cents for its common stock. Thomasville-based Old Dominion Freight Line Inc.'s board of directors declared a quarterly cash dividend of 29 cents per share of common stock.

Business

Truist executive management shakeup claims top remaining legacy BB&T officer

Donta Wilson, as chief consumer and small business banking officer since November 2023, was responsible for the consumer, premier and small business segments serving clients through mobile and online banking, multiple virtual client service centers and more than 1,900 community banking branches.

Health-care

Charlotte hospital bed battle heats up as Duke, Atrium and Novant seek expansion

The Duke-CaroMont hospital in University City is listed with a projected $692.1 million capital investment.

Health-care

Winston-Salem biotechnology company expanding operations, jobs in Innovation Quarter

Elemance develops and licenses virtual human body models, engineering software and simulation tools.

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