May 2016

Bid winner

Steve DeCarlo turned a sputtering insurance brokerage into a market leader valued at more than $2 billion

AmWins

Get smart

The state’s diverse colleges and universities offer dozens of options and pack a big economic wallop.

Education list

Square footage

Scrimping on space might just save retirement for many older Americans.

Picture This

Comeback trail

Investments in defense, roads and wind spur northeast North Carolina.

Look back

Latest Blog Posts

N.C. Railroad Co. closes on $8 million of land at Greensboro megasite

David Mildenberg - May 20, 2016 - 2:00:00 pm

The North Carolina Railroad Company closed on an $8 million land purchase, involving 14 parcels and 630 acres, at the Greensboro-Randolph Mega Site, which hopes to attract a big manufacturer to the Triad.

Tom Ross takes new job leading Paul Volcker's nonprofit in New York

David Mildenberg - May 17, 2016 - 5:00:00 am

Former UNC System President Tom Ross Tom Rosshas a new job running the Volcker Alliance, a nonprofit that wants to improve the government's performance and restore confidence in public institutions.

Special Reports and Publications

Health Care Round Table

North Carolina’s reputation for research, workforce and quality of life attracts international biotechnology companies.

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.

2016 Best of Business

Cast your votes for the best companies to do business with in North Carolina.

Biotechnology Round Table

North Carolina’s reputation for research, workforce and quality of life attracts international biotechnology companies.

NC's Best Golf Courses

For the ninth 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.

Daily Digest

Monsanto rejects Bayer's $62B offer, still open to talks

(WRAL TechWire)

Monsanto said Tuesday that Bayer's all-cash bid valuing the seed company's stock at $122 a share wasn't high enough, but the company remains open to talks. Bayer's CropScience unit is based in RTP; the company said if a deal is struck, its headquarters would move to St. Louis, where Monsanto is based.

Duke Energy inks another deal to turn pig poop into power

(The Charlotte Observer)

Duke Energy will buy swine waste from Duplin County pork farms to serve power plants in Wayne and New Hanover counties. It's the utility's second deal announced this year to turn pig poop into power; Duke said in March it will partner with Carbon Cycle Energy to use methane from pig and poultry waste to generate electricity at four N.C. power plants. 

Durham entrepreneur earns spot on Inc.'s 30 Under 30 list

(Inc.com)

Tatiana Birgisson, the 26-year-old founder of Mati Energy, made Inc. magazine's 2016 list of coolest young entrepreneurs. Birgisson founded the energy-drink company in her dorm room at Duke University in 2012. Now sold in Whole Foods stores and soon available at Kroger and Costco, Mati expects to bring in $1 million in revenue this year.

California software company opens Raleigh office

(WRAL TechWire)

WalkMe has opened a Raleigh office and plans to ramp up hiring over the next several years. The Silicon Valley-based software firm makes apps used by more than 700 companies, including AT&T, Cisco and Citrix Systems.

Attorney: McCrory will veto coal-ash bill

(The Times-News, Burlington)

On Tuesday, the House Rules Committee approved a bill that would reconstitute a state commission to oversee cleanup of ash ponds across North Carolina. Gov. Pat McCrory threatened to veto the bill if it passes through the General Assembly in its current form. A state Supreme Court ruled in January that a former oversight committee was unconstitutional.

Charlotte City Council won't vote on repealing ordinance

(The Charlotte Observer)

Charlotte City Council decided not to vote Monday on repealing its nondiscrimination ordinance that led to state lawmakers passing House Bill 2. Legislative leaders had asked the city to overturn the ordinance, which was essentially nullified by HB2, in exchange for a modified version of the bill. Washington, D.C.-based nonprofit Human Rights Campaign called the Charlotte Chamber an "anti-LGBT bully" for encouraging the City Council to repeal the measure; the Chamber said Monday it takes "great offense" at the claim.

When artists boycott HB2, it's not just the fans who suffer

(WRAL.com)

When music acts such as Bruce Springsteen and Maroon 5 cancel North Carolina shows over House Bill 2, concert venues such as the Greensboro Coliseum, hotels and nearby restaurants are affected. So are volunteers such as school groups who work arena concessions as fundraisers for their programs.

House approves $22.2B budget, without HB2 amendment

(The News & Observer, Raleigh)

N.C. Rep. Darren Jackson tried to add a provision to the House budget that would repeal HB2 and allocate $2 million for marketing efforts to restore the state's reputation, but House Speaker Tim Moore ruled the amendment out of order. Moore said it wasn't relevant to the $22.2 billion budget, which the House approved Thursday by a vote of 103-12.

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Events

NCEDA May Networking Luncheon

May, 9, 2016,

12:00 - 1:30 PM

BNC Pulse

Congressional maps Are the state\'s new congressional district maps fairer than the previous ones?  Yes  No