May 2015

Spring believer

Mebane-based Kingsdown can't rest on tradition alone as it battles mattress-industry goliaths.

Kingsdown

Hot and cold

ChannelAdvisor, CommScope and Cree overcome stock-market whims as they battle for tech-sector profit.

Technology

Hire purpose

Citrix Systems' downtown Raleigh digs were designed to attract top tech talent.

Citrix

In his blood

A childhood love of science helped spark a rapid career rise for senior Biogen exec.

Biogen

Latest Blog Posts

Raleigh's North Hills gains new office tower

By David Mildenberg - May 28, 2015 - 4:45:00 pm

Raleigh developer John Kane plans a 12-story building in Raleigh’s North Hills district for Chicago-based Allscripts Healthcare Solutions Inc.

Tafts adding apartments near ECU

By David Mildenberg - May 27, 2015 - 5:00:00 pm

Greenville’s Taft family, which has developed land around eastern North Carolina for decades, is making a splash in the university housing market in their hometown.

Special Reports and Publications

Cash crop

From biotechnology to education, NC's agricultural leaders seek ways to keep the industry strong.

NC's Best Golf Courses

For the eighth consecutive year, the North Carolina Golf Panel is proud to partner with Business North Carolina in publishing rankings of the best golf courses in what we believe is the best state for golf.

Biotechnology Round Table

North Carolina's biotechnology leaders look for ways to expand into the national biodefense sector.

Small Business of the Year

2015 marks the 20th year Business North Carolina magazine will select a Small Business of the Year to honor the contributions these companies make to our state’s economy.

The Best of Health

Business North Carolina's annual ranking of the top Tar Heel hospitals, plus patient picks and other popular rankings.

Daily Digest

NC jobless rate rises to 5.5%

(WRAL.com)

North Carolina's unemployment rate inched up to 5.5% in April, compared with 5.4% in March. The U.S. rate was 5.4%. The state's labor force rose by 65,000 between February and April.
Also: Increase in jobless rate may signal economic plateau

Consultant says Charlotte needs medical school

(The Charlotte Observer)

Charlotte needs a four-year medical school and expanded residency programs to meet workforce needs, according to a Pittsburgh-based health care consultant. Paul Umbach says the most "feasible and cost effective" way to develop a school would be through a partnership between UNC School of Medicine, which operates a Charlotte campus at Carolinas Medical Center, and UNC Charlotte.

NCCU chancellor accused of racism, misuse of public funds

(WRAL.com)

Three former employees of N.C. Central University have filed lawsuits against Chancellor Debra Saunders-White, accusing her of racial discrimination against non-blacks and creating a hostile work environment. The lawsuits also claim Saunders-White spent state funds for personal use.

Moynihan says BofA trading unit may face deeper cuts

(The Charlotte Observer)

Bank of America CEO Brian Moynihan says the Charlotte-based company will have to keep cutting expenses in its markets trading division unless revenue improves.

Gov. McCrory considers workplace bill amid protests

(The News & Observer, Raleigh)

Opposition to House Bill 405 is growing, particularly among animal-rights advocates including the Humane Society of the United States. The legislation would allow employers to sue workers who take unauthorized photos or videos of their workplaces, potentially avoiding embarrassing investigations into workplace conditions.

NC House votes to allow magistrates to opt out of performing marriages

(The News & Observer, Raleigh)

The N.C. House voted in favor of a bill that would allow magistrates to opt out of performing same-sex marriages if they have a religious objection. A final vote on the legislation, which has already been approved by the Senate, is expected Thursday. Gov. Pat McCrory has expressed concern over the bill and said previously he won't sign it.

NC begins exploratory drilling for shale gas

(The News & Observer, Raleigh)

North Carolina will begin drilling Wednesday to determine shale-gas potential at three sites in the eastern part of the state. Drilling, which could last two to five days, will take place in Cumberland, Johnston and Scotland counties.

UNC Chapel Hill waits to release NCAA findings

(The News & Observer, Raleigh)

UNC Chapel Hill officials have received the results of an NCAA investigation into academic fraud at the university, but the findings will not be made public until a thorough review of the documents has been performed.

View All Events>>

Events

Marketplace 2015

When: May 27

Where: Durham

Learn how to sell your goods or services to federal, state and local governments.

Sponsored by the SBTDC

 

BNC Pulse

Poll N.C. Rep Charles Jeter filed a bill that proposes replacing a statue of former Gov. Charles B. Aycock with one of Billy Graham at the U.S. Capitol. Do you support the proposal?  Yes  No

N.C. Family Business of the Year Winners

Schiffman's Jeweler's, K&W Cafeterias, Rose Chauffeured Transportation and Carolina Management Team have been recognized by the Wake Forest University Family Business Center and Business North Carolina with the 2014 North Carolina Family Business of the Year Awards.