October 2014

This is the place

Robeson is the state's poorest and most violent county, battered by forces that stole its chance to escape that fate.

Cover Story

An udder world

Ecuadorean investors team up with Tar Heel cattlemen to milk more profit from new brands of dairy products.

Photo feature

Server and protect

Dave Jones makes millions for his private equity investors by safeguarding data.

Peak 10

Great ain't good enough

Tourism is thriving, so why is the state changing the way it goes after guests?

Tourism in NC

Latest Blog Posts

Carolinas come up short on Forbes 400

By David Mildenberg - Sep 29, 2014 - 2:30:00 pm

The annual Forbes 400 listing of the richest Americans shows how poorly North Carolina and South Carolina stack up.

U.S. economic outlook solid, PNC forecasters say

By David Mildenberg - Sep 24, 2014 - 3:30:00 pm

Clear sailing is likely for the economy and stock market, according to PNC economists visiting Charlotte today.

Special Reports and Publications

North Carolina Higher Education Directory

A comprehensive guide to higher education in the state, with information about North Carolina's public and private colleges, universities and community colleges.

Focus on Guilford County

Companies can't help but notice the abundance of assets in Guilford County.

Top 75 Public Companies

Investors show an appetite for companies on our list of the Top 75 publicly traded based in North Carolina.

Research North Carolina

The concepts, processes and technologies created in North Carolina's private and public institutions are laying the groundwork for economic success in our state.

Financial 100

Community banks and credit unions show resilience as the battered economy regains strength.

Daily Digest

Murdock to give $15M a year to research institute

(The Charlotte Observer)

David Murdock, 91, will donate $15 million a year to his namesake research institute at the North Carolina Research Campus in Kannapolis. The chairman of Dole Food said he plans to recruit a world-class scientist to lead the David H. Murdock Research Institute to continue the study of health benefits of diets rich in fruits and vegetables.

BofA to issue debit cards with microchips

(The Charlotte Observer)

Bank of America says it will be the first major U.S. bank to issue debit cards with embedded microchip technology. The bank will give the cards to new consumers and small-business customers, while existing customers will receive the new cards when their old debit cards expire. 

Family Dollar affirms plans for Dollar Tree deal

(The Charlotte Observer)

In an email to employees Tuesday, Family Dollar Stores said it is proceeding with plans to be acquired by Chesapeake, Va.-based Dollar Tree despite Dollar General's hostile $9.1 billion bid for the Matthews-based retailer.

Biltmore to open second hotel at Asheville estate

(Winston-Salem Journal)

The Biltmore Co. plans to begin construction by mid-October on a second hotel at Biltmore Estate. The Village Hotel next to the winery in Antler Hill Village will have 209 guest rooms and is expected to open by November 2015. The project is expected to create about 230 jobs. 

 

New state law regulates use of drones

(The News & Observer, Raleigh)

A new state law regulating the use of unmanned aircraft goes into effect today. According to the law, drones cannot be used for the surveillance of people or homes without consent. The law also makes it illegal to photograph people for publication or public distribution without permission. Police and news agencies are granted certain exceptions under the new law.
(Read more about the drone industry in North Carolina in "Pie in the sky" from our September issue)

McCrory names three to coal-ash commission

(News & Record, Greensboro)

Gov. Pat McCrory appointed two university professors and a lawyer to the new nine-member N.C. Coal Ash Management Commission. The N.C. House expects to name its final appointee soon. McCrory signed the bill creating the oversight commission despite reservations over its constitutionality.

FAA says Charlotte must ask it to transfer control of airport

(The Charlotte Observer)

The Federal Aviation Administration said in a letter it hasn't weighed in on the issue of who should control Charlotte Douglas International Airport because the city has not asked it to do so. The state General Assembly last year passed a bill transferring control of the airport to a regional commission, but Charlotte City Council won a temporary injunction that blocks the commission from running the airport.

Cowell doesn't plan to quit hedge funds

(The News & Observer, Raleigh)

Following the California Public Employees' Retirement System's decision to divest its hedge fund portfolio, the State Employees Association of North Carolina urged state Treasurer Janet Cowell to withdraw N.C.'s hedge fund investments, which accounted for about 4.32% of total assets as of June 30.

View All Events>>

Events

NC Tech Awards

The premier statewide technology awards program, presented by the North Carolina Technology Association.

When: November 6, 2014

Where: Raleigh Convention Center

BNC Pulse

Poll What is the most important issue in November's election?  Jobs/economy  Health care  National security  Immigration  Education

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.