February 2016

Electric avenue

Vehicle-charging stations remain scarce in North Carolina, but a surge may be nearing.

Electric cars

Picking stocks for 2016

Continuing a decades-old tradition, Business NC asked several investment pros to offer their three favorite stocks and one to avoid.

Hot stocks

$10,000 into $200 million

Self-reliance leads to $200 million payoff for the owners of Durham's Bronto Software.

NCTrend

Pets in residence

More colleges across North Carolina make space for Fluffy and Fido as a calming influence.

Pets on campus

Latest Blog Posts

CEO says Charlotte economic-development group shares Panthers' passion

Ronnie Bryant - Feb 08, 2016 - 1:00:00 pm

Ronnie BryantA cutoff in state funding hasn't dimmed the Charlotte Regional Partnership's effectiveness, CEO Ronnie Bryant says.

 

 

HanesBrands' dive an omen for Panthers' loss?

David Mildenberg - Feb 08, 2016 - 7:00:00 am

The Panthers weren't the only iconic Tar Heel company to have a bad weekend. HanesBrands shares declined 15% on Friday after the company's earnings and sales missed expectations. Executives blamed warm weather for stunting apparel sales.

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.

On the move

From economic development to workforce, N.C.'s transportation industry keeps the state's economy rolling. A panel of transportation insiders discuss what the industry needs to keep chugging along.

North Carolina Economic Development Guide

The established source for of information for businesses considering expansion or relocation here. Includes economic data for each county, a conversation with Commerce Secretary Sharon Decker and case studies of businesses who have found success here.

North Carolina's Best Doctors

A list of the state's top-rated physicians in 31 specialties, selected by peers in an independent survey.

Meeting and Tourism Round Table

Meetings, conventions and tourism create jobs, tax revenue and economic-development opportunities in North Carolina.

Daily Digest

BioCryst shares slump after failed drug trial

(The News & Observer, Raleigh)

Shares fell 71% Monday after Durham drug developer BioCryst Pharmaceuticals reported that its experimental treatment for a rare genetic disorder failed to help patients in a clinical trial.

Perdue adding jobs at Rockingham processing plant

(Richmond County Daily Journal)

Perdue Foods will invest $10.9 million in its poultry processing plant in Rockingham, adding 30 jobs over the next three years. Maryland-based Perdue is Richmond County's largest private employer with more than 1,000 workers.

Wilmington seeks public input on short-term rentals

(StarNews, Wilmington)

Wilmington residents appear to be divided over short-term rentals, such as those offered on VRBO.com and Airbnb. It joins other N.C. cities, including Asheville and Raleigh, that will consider developing new rules for the practice.

Triangle Town Center sells for $174M

(The News & Observer, Raleigh)

A joint venture has acquired Triangle Town Center, a shopping mall in north Raleigh, for $174 million. DRA Advisors is the majority owner with a 90% stake; CBL & Associates, which previously held a 50% stake in the mall, now owns 10%. Anchors include Saks Fifth Avenue, Macy's and Sears.

NC leaders appeal ruling on voting maps

(The News & Observer, Raleigh)

State leaders have filed an appeal to a federal court ruling that found two congressional district maps are racially gerrymandered. In Friday's ruling, a panel of three federal judges said the 1st and 12th District voting maps were drawn so the majority of voters were black, and gave the state two weeks to redraw the maps.

State lawmakers could slash tuition at some UNC campuses

(The News & Observer, Raleigh)

A new proposal would reduce tuition at some UNC system campuses to $500 a year for in-state students and $2,500 a year for out-of-state students. Campuses being considered for the tuition break include Elizabeth City State, Fayetteville State, Winston-Salem State and UNC Pembroke. The plan would cost the state about $65 million a year, which could be recouped through higher out-of-state tuition at other system schools.

NC Commerce chief promotes crowdfunding, broadband access

(WRAL.com)

N.C. Commerce Secretary John Skvarla told legislators Thursday the state needs to legalize crowdfunding as a way for small businesses to grow. He also emphasized the importance of high-speed Internet access in rural counties.

Insurance commissioner warns of effects of ACA

(The News & Observer, Raleigh)

N.C. Insurance Commissioner Wayne Goodwin says the Affordable Care Act is driving up the cost of health insurance, and he is concerned that insurers will withdraw from the state, leaving residents with few options. Goodwin, a Democrat, supports expanding Medicaid and establishing a state insurance exchange.
Related: State workers' health insurance may be cut

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Events

Emerging Issues Forum

31st Annual Emerging Issues Forum

February 8-9, 2016
Day 1:  Raleigh Convention Center
Day 2:  IEI Commons, Hunt Library, Centennial Campus, NC State

As technology and demography shift, how can North Carolina prepare today to create enough good jobs for tomorrow?

BNC Pulse

Connect NC Bond Act Will you vote in favor of a $2 billion bond package that will fund universities, community colleges and infrastructure projects?  Yes  No