July 2014

The Carolina way

To keep pace with universities among the most gifted, UNC steps up its fundraising with the well-heeled.

Cover Story

Nature gets nurtured

An herbal-supplement company in Brevard strives to make Mother Nature's best better.

Gaia Herbs

Catching a break

Lenders looked like losers when former NFL tight end Casey Crawford got in the mortgage game.

Movement Mortgage

The bull by the horns

When knocked down, Jerome Davis helped other Tar Heel cowboys mount up.

Davis Rodeo

Latest Blog Posts

BankNotes: The keys to community

By Scott Custer - Jul 29, 2014 - 4:00:00 pm

There is no magic formula for building a successful community bank, but there are certain characteristics common among the most successful ones in our state.

Welcome back, Fayetteville

By Spencer Campbell - Jul 28, 2014 - 1:00:00 pm

Undoubtedly due to unwavering military might, Fayetteville ranks third among the largest 150 U.S. cities for growth since the end of the recession, according to WalletHub.

Special Reports and Publications

Financial 100

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

The Law Journal

Top Tar Heel lawyers identify some of the most important issues impeding business in the state.

NC's Best Golf Courses

For the seventh 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.

Energy Round Table: Flipping the Switch

Renewables have shown their importance to the N.C. energy industry, but their growth requires clearer policies and better technology.

The Annual Checkup

Our 2014 list of the state's top hospitals, plus second opinions from other popular rankings.

Daily Digest

Icahn dumps part of Family Dollar stake

(Charlotte Observer)
Activist investor Carl Icahn sold more than one-third of his stock in discount retailer Family Dollar, according to securities filings.

Read more here: http://www.charlotteobserver.com/2014/07/29/5074565/icahn-unloads-more-than-13-of.html#storylink=cpy


Charlotte home prices gain almost 5% in a year

(Charlotte Observer)

Charlotte-area home prices rose 4.7 percent in May from a year ago , while price gains rose at a slower pace nationwide, Standard & Poor’s/Case-Shiller report showed Tuesday.

Read more here: http://www.charlotteobserver.com/2014/07/29/5073396/charlotte-area-home-prices-up.html#.U9hWY8e7lhA#storylink=cpy


Reynolds American earns $492 million in quarter

(Winston-Salem Journal)
Reynolds American Inc. reported second quarter net income increased 6.7 percent to $492 million, as higher pricing and market-share gains for Camel and Pall Mall offset lower sales and costs from launching distribution of the electronic cigarette Vuse.

Martin-Marietta beats earnings estimates

(News and Observer, Raleigh)

Martin-Marietta Materials earned $1.34 per share in the second-quarter, beating analyst estimates of $1.29.

Raleigh politicians settle on budget

(News and Observer, Raleigh)
Legislative leaders in Raleigh agree on a $21.3 billion budget that would boost starting pay for teachers to $35,000.


State budget sets $10 million in firm incentives

(Star-News, Wilmington)

The state budget favored by Raleigh lawmakers includes $10 million in incentives for film projects, which industry officials criticized as paltry.


Asheville's Mission Hospital plans $42 million in cuts

(Asheville Citizen Times)

Mission Health System, Asheville's biggest employer, will cut costs by $42 million next year under a reorganization plan that could mean layoffs.

Charlotte investor Nelson joins UNC board

(Charlotte Observer)

Charlotte investor Anna Spangler Nelson, daughter of former UNC System President C.D. Spangler Jr., was elected to the system's board of governors.

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2014 NCTA Golf Tournament

NCTA's annual tournament, where business and technology leaders participate in a Captain's Choice format at one of North Carolina's premier courses.

July 31, 2014

Grandover Resort, Greensboro


BNC Pulse

Poll: Cash incentives for major companies? Should North Carolina create a "closing fund" to help Commerce seal the deal when competing with other states for major corporate relocations?  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.