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

Triangle unemployment hits six-year low

(News and Observer, Raleigh)

The jobless rate in Raleigh-Durham fell to 5% in June, its lowest level in six years and down from 7.2% the year before.

The Pantry soars on earnings report

(News and Observer, Raleigh)

Shares of the Cary-based convenience-store chain skyrocketed 15% Wednesday after it reported third-quarter earnings above analysts' expectations.

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


New rules for rivers

(News and Observer, Raleigh)

The General Assembly agreed to replace rules that protect North Carolina’s rivers and streams with new regulations written by industry insiders and regulators.

House closes the door on the governor's closing fund

(News and Observer, Raleigh)

Gov. Pat McCrory’s push to create a new incentive program to recruit new business met resistance in a House committee with lawmakers rejecting the Senate-approved measure.

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.


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North Carolina Conference on Education

North Carolina Vision 2030 – A Plan for Accelerating Job Growth & Securing North Carolina’s Future

August 14, Durham

Sponsored by the North Carolina Chamber

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.