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

Vote For Your Favorite North Carolina Businesses Today!

Ben Kinney - May 27, 2016 - 12:00:00 am

To highlight the best businesses in our state, Business North Carolina is asking residents of North Carolina to participate in a peer voting process called Best of Business.

Big mutual-fund company names UNC Charlotte grad as CEO

David Mildenberg - May 25, 2016 - 12:00:00 pm

A UNC Charlotte MBA graduate is the incoming Philip SandersCEO at Waddell & Reed, a mutual-fund company that is struggling to retain its share of investors' assets.

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

High Point Market report could show HB2's impact on business

(The News & Observer, Raleigh)

The High Point Market on Friday will release attendance figures that could show the impact of House Bill 2 on the state's economic climate. Buyers for companies including Williams-Sonoma Inc. skipped last month's five-day event in protest of the law, which limits legal protections for LGBT people.

NC DMV bans Tesla sales at Charlotte area store

(WFAE)

The N.C. DMV says Tesla Motors can't sell cars at its Matthews showroom, which opened last year. Under state law, automakers can't sell cars directly to consumers unless they can show it's in the public's best interest. Nearby dealers objected to the California automaker's plan to sell cars at its store near Charlotte. Oddly, Tesla can still sell electric vehicles at its Raleigh store, 166 miles away.

2 more BB&T execs announce retirement

(Winston-Salem Journal)

Ricky Brown, one of BB&T's top five executives, will retire Dec. 15. Brown, 60, was president of subsidiary Branch Banking & Trust and BB&T's community banking unit and had been considered a leading candidate to eventually replace Kelly King as CEO. David Weaver will become president of community banking. Also, Chief Marketing Officer Steve Wiggs plans to retire Sept. 30 after 37 years with the Winston-Salem-based bank.

Raleigh's Paragon Commercial files for IPO

Paragon Commercial, parent of Raleigh-based commercial lender Paragon Bank, filed for an initial public offering on Thursday. The company plans to raise up to $29 million. Started in 1999, Paragon has $1.3 billion in assets.

2 new interstate names approved for eastern NC

(Hendersonville Times-News)

Federal officials approved Interstate 42, a new proposed highway between Interstate 40 and Morehead City, and Interstate 87 along US 64/17 between Raleigh and Virginia. Gov. Pat McCrory says the roads will improve connectivity with Virginia's Hampton Roads area. No timetable has been given for when the roads will be built or how they will be funded.

Bill to slash tuition at 5 state universities advances to Senate

(The Fayetteville Observer)

A bill that would reduce tuition to $500 per semester at five public state universities passed two Senate committees on Wednesday and is scheduled for a full Senate vote on Thursday. The bill is designed to cut costs and boost enrollment at Fayetteville State, UNC Pembroke, Winston-Salem State, Elizabeth City State and Western Carolina.

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.

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Events

Tech in Motion (Q3 - Triangle)

Date: September 28, 2016
Time: 8:30 AM - 11:00 AM EDT

BNC Pulse

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