January 2015

2015 Legal Elite

Top Tar Heel lawyers share what drove them to their field of practice.

Legal Elite

Price of admission

Belmont Abbey and Peace cut tuition to attract students. Will other private colleges follow?

Statewide

After the fall

After five years under our Mover and Shaker of the Year, Bank of America climbs back up and is ready to roll.

Cover Story

Money baller

Ben Sutton turns his passion for athletics into a multimillion-dollar marketing business.

Ben Sutton

Latest Blog Posts

Up Front: Turning a page

By David Kinney, editor in chief - Jan 26, 2015 - 9:00:00 am

From our February edition: Business North Carolina says bye to its old editor and hello to new ownership.

Opinion: NC's refusal to expand Medicaid leaves 1.5 million people without coverage

By Dr. Yele Aluko - Jan 23, 2015 - 2:00:00 pm

Dr. Yele Aluko, senior vice president at Novant Health in Charlotte and a Fellow of the American College of Cardiology, shares why he believes North Carolina needs to reverse its stance on Medicaid.

Special Reports and Publications

North Carolina's Best Doctors

Our annual list of the state's best doctors, including more than 1,600 in more than 60 different specialties and subspecialties.

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.

Small Business of the Year

2014 was the 19th year Business North Carolina magazine selected a Small Business of the Year to honor the contributions these companies make to our state’s economy.

North Carolina Mid-Market Fast 40

Our annual list of the fastest-growing middle-market companies in the state.

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.

Daily Digest

Report: Google Fiber coming to Charlotte, Raleigh-Durham

(The Charlotte Observer)

The Wall Street Journal reported late Monday that Mountain View, Calif.-based Google is planning to bring its high-speed Internet network to Charlotte, Raleigh-Durham, Atlanta and Nashville, Tenn. Charlotte officials and members of the media have been invited to a Google news conference at 1 p.m. Tuesday.

IBM calls report of massive layoffs 'baseless'

(The News & Observer, Raleigh)

IBM denied a Forbes report that said it planned to lay off one-fourth of its workforce, or more than 100,000 people. The Armonk, New York-based tech company employs several thousand people in Research Triangle Park.

GE Nuclear Fuel unit secures $100M contract

(Greater Wilmington Business Journal)

Global Nuclear Fuel, the GE-led joint venture of Hitachi and Toshiba, received a contract worth more than $100 million to provide fuel for a nuclear station in Nebraska through 2034. The fuel will be manufactured at GNF's Castle Hayne campus near Wilmington.

BNC Bancorp reports record profit in fourth quarter

(Winston-Salem Journal)

BNC Bancorp, the High Point-based parent of Bank of North Carolina, reported profit of $8.5 million in the fourth quarter, an increase of 160% over the same period a year ago. Net income for the fiscal year rose 81.6% to $29.4 million. BNC will have about $4.9 billion in assets after it completes a pending $101.3 million acquisition of Roanoke, Va.-based Valley Financial Corp.

Online petition seeks to keep Tom Ross at UNC

(The News & Observer, Raleigh)

A group called United for UNC has started an online petition calling for the reinstatement of UNC system president Tom Ross. The group contends Ross' ouster was a "politically motivated attack." A UNC Board of Governors panel will meet Tuesday to discuss revisions to the process for selecting a new president. 

UNC Chapel Hill faculty angry over Ross' departure

(The News & Observer, Raleigh)

At a Friday meeting, members of UNC Chapel Hill's Faculty Council criticized the UNC Board of Governors' move to force system president Tom Ross out of his job after Jan. 3, 2016.

Former athletes file class-action lawsuit against UNC

(The News & Observer, Raleigh)

Two former UNC Chapel Hill athletes filed a class-action lawsuit against the university and the NCAA, calling for monetary damages for athletes harmed by fake classes and for the creation of an independent commission to monitor NCAA-member athletic programs.

Charlotte mayor wants DOT to study opening I-485 lane

(The Charlotte Observer)

Charlotte Mayor Dan Clodfelter says he plans to ask the N.C. Department of Transportation to consider opening an additional lane on Interstate 485, which was one of the state's most congested highways before an $82 million widening project added a new lane in each direction last month. That project included the addition of an extra-wide shoulder that the DOT plans to convert to a toll road in about five years.

View All Events>>

Events

Outlook for IT

North Carolina Technology Association annual event will feature a tech expo.

When: January 30, 2015

Where: Hilton Charlotte Center City

BNC Pulse

Poll: Legislative agenda Which issue should state lawmakers address first during the General Assembly's long session?  Medicaid expansion  Jobs incentives  Fracking rules  Coal ash regulation  Education

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.