Raleigh and Virginia Beach Ranked in Top 10 Best Big Cities to Live in
You don’t have to empty your savings account to afford city living in America—at least not in these locations. Urban areas offer a gateway to culture or a medley of activities, but they typically come with a high price tag. That’s why MONEY crunched the numbers to find big cities—those with a population of 300,000 […]
The Artsy Southern Town That Wants to Be the Next Portland
Keith Grace, a mixed-media painter, and his wife, Shari, a graphic artist and stained-glass sculptor, came from Rockford, Ill. Renowned printmaker Kent Ambler and his wife, Peggy, came from Roswell, N.M. And Yuri Tsuzuki, a sculptor and painter, relocated from Bogota, Colombia. All of these artists—and hundreds of others—have chosen to live in Greenville, S.C., […]
Who said stores are dead? These 5 retailers are investing billions of dollars in bricks and mortar
Though shoppers are increasingly spending more time and money online, that doesn’t mean retailers should ignore their stores. In fact, some of the biggest players in the industry are spending billions of dollars to remodel their existing shops, hoping to lure customers inside with more modern fixtures, easier checkout options and online order pickup kiosks. […]
Amazon Announces HQ2 Winners
Amazon.com Inc. announced Tuesday New York City and a Northern Virginia suburb of Washington, D.C., would be homes for the company’s second and third headquarters, ending a more than yearlong public contest that began with 238 candidates and ended with a split of its so-called HQ2.
Arby’s Parent to Buy Sonic for $2.3 Billion
Arby’s owner Inspire Brands Inc. said it is buying burger chain Sonic Corp. for $2.3 billion including debt, part of its strategy to guard against restaurant-business fads and downturns by covering the dining spectrum from takeout to sit-down.
Tiffany’s $250 Million Bet on a 78-Year-Old Store
The famous Tiffany building on the corner of 5th Avenue and 57th Street, where Audrey Hepburn’s Holly Golightly mused “nothing very bad could happen to you” in 1961, may be the most enduring example of what retailing looked like before the Internet arrived.
The New Startup South
When Scott Pancoast was crisscrossing the Carolinas raising money for his health-care startup earlier this year, one of the most important stops was a country club in his hometown of Greenville, S.C. His presentation drew almost 50 angel investors, twice the number that showed up when he pitched to potential funders in Charleston, S.C., and Charlotte, N.C.
Facebook bringing $750 million data center to Huntsville
Facebook is coming to Alabama. The $750 million data center coming to Huntsville, approved two weeks ago by the Huntsville City Council under the guise of a masking name, was revealed Thursday.
New Keurig facility to bring $350M of capital investment and 500 jobs to Spartanburg County
Keurig Green Mountain Inc. (Keurig), a leader in specialty coffee and single-serve brewing systems, has announced plans to construct a new, state-of-the-art roasting and packaging facility in Spartanburg County. The company is projected to bring $350 million of capital investment and create 500 new jobs. “South Carolina’s favorable business environment, skilled workforce, and unparalleled infrastructure […]
Rising Stars
Alabama’s third- largest city, 75 miles north of Birmingham, has long been known for its engineering prowess. The city is nicknamed the Rocket City for its role in U.S. space missions associated with the area’s U.S. Space & Rocket Center. In January, Toyota and Mazda announced plans to build together a $1.6 billion auto plant […]