12/27/2024

News

California Beats US in Millionaires, Food-Stamp Use

California had 777,624 households with at least $1 million in assets in 2013, up from 750,686 in 2011, according to Rhinebeck, New York-based Phoenix Marketing. The Golden State had 1.9 million households that used food stamps in 2013, up from 1.6 million in 2011, according to Agriculture Department data.

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Lenovo Marks First US Manufacturing Plant in NC

RALEIGH, N.C. (AP) — Three business reasons — quicker, closer and custom — prompted computer maker Lenovo Group to open its first U.S. manufacturing operation in North Carolina instead of low-cost foreign locations like Mexico or China, its North American president said.

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