October 2015

Upwardly mobile

The North Carolina 100: Grant Thornton ranks the state's largest private companies.


Purple daze

Spurned by bigger football conferences, nothing comes easy at ECU. Ruffin McNeill is making the most of that underdog status.

ECU football

Rejuvenating revenue

Spas and retreat centers profit from stressed-out professionals seeking wellness, relaxation.

Spas & Retreats

Miracle on the Haw

Controlled by the Jordan family since 1927, Saxapahaw shifts from a mill village to a mix of urban cool and small-town spirit.

Town Square

Latest Blog Posts

Ashley Furniture adding 454 jobs in Davie County

Press release - Oct 13, 2015 - 3:05:00 pm

Ashley Furniture Industries Inc. plans to create 454 new jobs in Davie County during the next five years and invest at least $8.7 million. The Wisconsin-based-company now has 1,100 workers at a $250 million manufacturing and distribution center at the site in Advance. Privately held Ashley is the world's largest residential furniture company with more than 25,000 employees.

Yadkin buying NewBridge for $456 million

Press release - Oct 13, 2015 - 11:45:00 am

Yadkin Financial is buying NewBridge Bancorp for stock valued at $456 million, or about $11.40 per share. The combined company will have $7.1 billion in assets, making it North Carolina's largest community bank. NewBridge traded for less than $1.50 per share in 2009 during the financial crisis.

Special Reports and Publications

Wake County Round Table: Rise to shine

Wake County uses its world-class educational, research and health care assets to solve the challenges that have come with its success.

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.

Energy Round Table: Powering change

N.C. companies tackle energy-industry issues including developing storage, neutralizing waste and integrating renewables.

Top 75 Public Companies

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

Business and Education Round Table

NC must invest in science and technology education to build a stronger, more capable workforce.

Daily Digest

Dell buying major Apex tech employer EMC


Computer maker Dell will buy EMC, a Massachusetts-based data storage company with a large presence in Apex, for about $67 billion. The companies said the combination will create the world's biggest privately held integrated tech company. EMC was awarded a state grant of up to $7.4 million when it announced the creation of 400 new jobs in 2009.

Automotive supplier adding 76 jobs in Lee County

(The Fayetteville Observer)

Magneti Marelli Powertrain will invest $12 million and create 76 jobs in Sanford over the next three years in an expansion of its local plant. The Italy-based company makes engines and transmissions components for cars, motorbikes and other light vehicles.

Wilmington's Live Oak Bank nation's No. 2 SBA lender

(Greater Wilmington Business Journal)

Wells Fargo remains the nation's top SBA lender, with loans totaling nearly $2 trillion for the fiscal year that ended Sept. 30. Wilmington's Live Oak Bank was second, will 966 loans totaling about $1.15 trillion, according to a report released Monday by the federal Small Business Administration.

Warren Wilson to pull investments in fossil fuels

(Asheville Citizen-Times)

Warren Wilson College in Swannanoa is the latest higher-education institution to commit to selling its shares of investments in fossil fuels. Trustees voted unanimously to divest endowment funds from fossil fuels by 2020. Warren Wilson's endowment totals nearly $55 million. Brevard College in Transylvania County announced a similar plan earlier this year (Statewide, April).

Roy Cooper makes it official

(The News & Observer, Raleigh)

N.C. Attorney General Roy Cooper formally launched his campaign as a Democratic candidate for governor. In a speech at Rocky Mount's Nash Community College that emphasized his eastern North Carolina roots, Cooper, 58, vowed to support public education and the creation of more middle-class jobs.

New trade deal excludes tobacco

(The News & Observer, Raleigh)

A new international trade initiative would lower tariffs on pork and other meat exports while excluding another major North Carolina export – tobacco. The current version of the Trans-Pacific Partnership would essentially curb the tobacco industry's ability to mitigate antismoking efforts abroad.

State wants ruling on voter ID law before presidential primary

(Winston-Salem Journal)

State attorneys have asked a federal judge to dismiss a lawsuit challenging the state's new voter ID law before the presidential primary in March 2016.

Environmental groups urge AG Cooper to take action against Duke Energy


Durham-based NC WARN, along with other environmental advocacy groups, filed an "emergency complaint" with N.C. Attorney General Roy Cooper, requesting an investigation of Duke Energy's practices with a goal of amending its corporate charter to address global climate change.


View All Events>>


Biomarine Business Convention

When: October 12-14

Where: Wilmington

BNC Pulse

Poll: Light rail Should the state help finance a light-rail line in Durham-Chapel Hill?  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.