August 2015

Staying on track

Scion of a North Carolina family with a century of real-estate history, Clay Grubb positions his company to profit from the young and restless.

Clay Grubb

Breaking up is hard to do

As they vie for an earth-shattering development, Triad leaders wonder if the benefits of regionalism have been oversold.


Animal magnetism

The North Carolina Zoo's beautiful beasts need constant care and, maybe, bond money.

NC Zoo

Heady ambition

Stitch Golf's leather head covers are scoring with U.S. and international golfers.

Stitch Golf

Latest Blog Posts

Coke Consolidated refreshes investors

By David Mildenberg - Jul 16, 2015 - 8:00:00 am

Charlotte-based Coca-Cola Bottling Co. Consolidated, though publicly held and the nation's largest independent bottler of Coca-Cola, has long operated under the radar. Now its growth prospects are raising attention among investors, and its stock has soared over the last year after years of flat performance.

McColl's PE firm buys Morrisville company

By David Mildenberg - Jul 07, 2015 - 12:30:00 pm

Falfurrias Capital Partners, a Charlotte-based private equity firm started by Hugh McColl Jr. and Marc Oken, said it bought a controlling interest in RegEd, a provider of compliance software for the financial-services industry that is based in Morrisville.

Special Reports and Publications

Business and Education Round Table

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

2015 Financial 100

NC banks and credit unions report big profit gains after working through most recession-era troubled loans.

Cash crop

From biotechnology to education, NC's agricultural leaders seek ways to keep the industry strong.

NC's Best Golf Courses

For the eighth 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.

Biotechnology Round Table

North Carolina's biotechnology leaders look for ways to expand into the national biodefense sector.

Daily Digest

High Point drug developer raises $117M in IPO


High Point-based vTv Therapeutics raised $117 million in its initial public offering. The company plans to use up to $80 million of the proceeds for a Phase 3 clinical trial of its treatment for Alzheimer's disease. vTv stock opened Thursday at $14 a share and fell 28.6%, closing at $10.71.

Beer industry contributes $3.8B to NC economy


North Carolina's beer industry has a $3.8 billion impact on the state's economy, according to a report from the Beer Institute and National Beer Wholesalers Association. The study shows the industry is responsible for more than 26,000 direct jobs, including brewers, distributors and retailers.

Steep rents driving out downtown Raleigh businesses


As apartment and condo construction booms in downtown Raleigh, many business owners say they can't afford increasing monthly rents. Natty Greene's Pub and Brewing Co. and Trig Modern furniture store are among the casualties.

Wilmington film festival adding startup conference

(Greater Wilmington Business Journal)

Wilmington's Cucalorus Film Festival will expand to include a business conference that will highlight the area's entrepreneurs. The festival is partnering with UNC Wilmington's Center for Innovation and Entrepreneurship and other local groups to add workshops, speakers and more. The 20-year-old festival will be held Nov. 10-15.

Voting rights trial to conclude Friday

(The News & Observer, Raleigh)

A federal judge on Thursday agreed to give the state more time to prepare closing arguments in the elections law trial in Winston-Salem. The NAACP, the U.S. Justice Department and others are challenging 2013 changes to the law they say discriminates against minorities and young voters. The trial is expected to conclude Friday.

NC lottery sets records for sales, profits

(Winston-Salem Journal)

The North Carolina Education Lottery earned $522 million in the fiscal year that ended June 30. Almost 2 billion tickets were sold, and more than $1.2 billion in prizes were awarded.

Budget deal by Aug. 14 is unlikely

(The News & Observer, Raleigh)

Budget writers from the state House and Senate have yet to begin negotiations, indicating that it's unlikely they will reach a budget compromise by the Aug. 14 deadline. School districts have begun hiring teachers and assistants without knowing how much money they will have, according to Ed Dunlap, executive director of the N.C. School Boards Association.

Tata resigns as secretary of NCDOT

(The News & Observer, Raleigh)

N.C. Transportation Secretary Tony Tata resigned suddenly Tuesday after more than two years in the position. DOT chief deputy secretary and former Durham mayor Nick Tennyson will assume the role until a replacement is chosen. Tata's resignation comes amid Gov. Pat McCrory's push to promote a $3 billion bond package that would fund roads and other infrastructure improvements.
Related: A Tony Tata time line

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BNC Pulse

Poll: Sales tax schism Do you support a Senate budget proposal that would give sales tax revenue to counties based on population, rather than where goods and services are purchased?  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.