May 2012

Battle of Lexington

After losing jobs and people, a factory town fights to remake itself.

Cover Story

Fertile ground

Boston-based Northeastern University sees green growing from a branch it opened in Charlotte.

Feature

History is paid

A Denver-based private-equity firm agreed to buy the Grove Park Inn Resort & Spa, a 99-year-old Asheville landmark.

Regional Report

Top Tar Heel courses

For the 18th-straight year, the North Carolina Golf Panel has named Pinehurst No. 2 the best course in the state.

Top Golf Courses

NC Trend

N.C. Employment

North Carolina's February 9.9% unemployment rate continued to eclipse the national rate.

N.C. Employment

Special Reports and Publications

The Legal Elite

Since 2002, Business North Carolina magazine has honored Tar Heel lawyers by publishing Business North Carolina's Legal Elite, a listing of the state's top lawyers in business-related categories.

Business and Education Round Table

More than ever, businesses in North Carolina recognize that part of being successful means cultivating homegrown talent.

North Carolina Economic Development Guide

The established source for of information for businesses considering expansion or relocation to North Carolina.

North Carolina Higher Education Directory

A comprehensive look at higher education in the state, with information about the state's public and private colleges and universities and its community colleges.

The Law Journal

Legal insights into the world of business.

Daily Digest

N.C. Chamber seeks cuts to unemployment benefits

(News & Observer, Raleigh)

The N.C. Chamber wants the legislature to reduce the maximum amount unemployed workers can receive from $506 to $350 and cut the number of weeks they are eligible for state benefits. The chamber also wants the state to issue bonds to pay off its current unemployment debt to the federal government.

Consultant: Downtown Greensboro arts center would have $7M impact

(News & Record, Greensboro)

A Connecticut consultant told the Greensboro City Council a downtown performing arts center would be profitable and generate $7 million a year in economic benefits. The city is considering a new center to replace War Memorial Auditorium at the Greensboro Coliseum complex.

Development team proposes financing package for Wilmington stadium

(StarNews, Wilmington)

A development team trying to bring minor-league baseball to Wilmington proposed a public-private financing partnership Tuesday in which the developers would take out a 30-year loan, but the city would pay about two-thirds of the debt payments. The developers would pay the city property taxes.

Sampson County waits to see BRAC benefits

(The Sampson Independent)

Samson County commissioners said they are still waiting for economic benefits from the Base Realignment and Closure at Fort Bragg a year after the move was completed. Commissioners are deciding whether to continue to contribute $10,000 yearly to a regional alliance.

Poll: McCrory beating Dalton by 6%

(News & Observer, Raleigh)

The first official poll of the general election season has Republican Pat McCrory leading Democrat Walter Dalton by a 6% edge — closer than expected as he's narrowed a double-digit deficit recorded by a poll during the Democratic primary.

General Assembly reconvenes with a full agenda

(News & Observer, Raleigh)

North Carolina legislators return today and are expected to tackle the state's budget, natural gas drilling, live poker dealers at Harrah's Cherokee Casino and a Medicaid shortfall in the early going.

Three possible witnesses remain in Edwards trial

(News & Observer, Raleigh)

Defense attorneys in former presidential candidate John Edwards' campaign-finance trial said there are only three new witnesses they may call: Edwards, his daughter, Cate, and his former mistress Rielle Hunter. They said recalling ex aide Andrew Young also is a possibility.

Campaign treasurer says money didn't need to be reported

(News & Observer, Raleigh)

The first witness for the defense in John Edwards' campaign-finance trial, his 2008 presidential campaign treasurer, testified she did not believe money from two wealthy donors should be classified as an illegal campaign donation because it went for personal uses.

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Events

NCEDA 2012 Legislative Reception

Register by May 25 to attend the reception. Cost is $50.

When: May 29
Where: N.C. Museum of Natural Sciences, 11 W. Jones St., Raleigh

BNC Pulse

Weekly poll Does the class of 2012 have better job prospects than last year's graduates?  Yes  No  Unsure

Video

From our partners at Carolina Business Review