Launches

First Citizens launches $46M hostile takeover bid

First Citizens Bank has launched a $46 million hostile takeover of KS Bank, a bank with nine branches in the greater Triangle and Eastern North Carolina. Raleigh-based First Citizens is offering $35 per share in cash, or about $45.8 million, to acquire KS Bank’s corporate parent, Smithfield-based KS Bancorp Inc. First Citizens said it was […]

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BofA launches high-tech financial centers

Bank of America Corp. has launched four high-tech financial centers across the country. While there are no tellers at the centers, the bank says customers can access the same services that they would in a traditional branch. Charlotte-based BofA plans to open 30 such outlets by the end of the year. In other developments, BofA was […]

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Strength in Numbers: Durham for All Launches 10K Strong Campaign

In November 2015, Durham for All helped Jillian Johnson win 12,497 votes and a seat on the Durham City Council. On Saturday, the group launched a campaign to unite ten thousand Durham residents in a “cross-class, multiracial movement” to put government back in the hands of the people. Ten thousand is how many people the […]

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Haw River Farmhouse Ales launches Bifurcation Project, celebrates first …

prev. next. From a cherry-cinnamon sour to a chocolate-habanero dubbel, Haw River Farmhouse Ales treated attendees to its Sunday celebration with special releases and variations on what has grown to be a lengthy beer lineup in its first year of business.

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