In August President Trump signed an Executive Order providing additional relief to Americans during COVID-19. The Executive Order provides an optional payroll tax deferral of the employee’s portion of social security withholdings from September 1, 2020 to December 31, 2020. Employers have been able to voluntarily defer their portion of the Social Security since April… Read More »
Category: Featured
Employee Deferral of Payroll Tax
Medtech Company in the Innovation Quarter teams up with IBM Watson to address drug shortages
IBM (NYSE: IBM) Watson Health and OrbitalRX® today announced a strategic collaboration that aims to help address the emerging drug shortage crisis. OrbitalRX offers a digital management platform for hospital pharmacies and has locations in the Innovation Quarter and in Raleigh. The companies are combining OrbitalRX’s Drug Shortage Management Platform and IBM® Micromedex® into one unified solution called “OrbitalRX and Micromedex,” designed… Read More »
Lowes Foods parent company Alex Lee acquires 20 new stores
Alex Lee, Inc., the parent company of Winston-Salem based Lowes Foods, announced an agreement to purchase 20 BI-LO stores in South Carolina and Georgia from Southeastern Grocers, Inc. The addition of these stores will enable Alex Lee to expand its geographic footprint, enhance operations across these markets, and offer great customer service for shoppers in… Read More »
Winston-Salem bioscience company to work with Mayo Clinic
The partnership will offer research into a new therapy for premature babies Plakous Therapeutics, Inc. announced that it has signed a know-how license agreement with Mayo Clinic. The multi-year agreement will focus on understanding the results of a natural history study of the factors associated with necrotizing enterocolitis (NEC), a rare disease affecting premature babies.… Read More »
Economic and community insights in Greater Winston-Salem, Inc’s Quarterly Report
Greater Winston-Salem, Inc. has published its newest Quarterly Report, offering insights into the community’s economic development efforts, data on employment and COVID-19, and more. Inside you’ll find consolidated information on sites under development and business investments that signify growth and expansion in manufacturing, healthcare, and more. Don’t miss an introduction to Laura Johnson Lee, Senior… Read More »
Winston-Salem ranks as one of the best cities to work from home
The COVID-19 pandemic has created a sea change in the way that people work. Changes in company policies have many employees working from home. Early on in the crisis, the Wall Street Journal found that up to ten percent of the workforce in America’s largest cities were relocating, at least temporarily, to smaller cities and… Read More »