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

Charlotte bubbles ahead

By David Mildenberg - Jul 23, 2014 - 6:30:00 pm

Landing 1,260 jobs and the headquarters of Sealed Air Corp. may rank among the best days in the history of Charlotte’s business community, on par with NationsBank Corp.’s purchase of Bank of America Corp. in 1998 or Royal Insurance’s U.S. headquarters relocation from New York City in 1986.

Raleigh tops 'Best Places for Business' list

By Spencer Campbell - Jul 23, 2014 - 12:40:00 pm

Eat your heart out, Des Moines. Raleigh returned to the top of Forbes’ Best Places for Business and Careers in 2014, unseating the Iowa state capital. Hickory, however, ranked 10th worst.

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

Lorillard investor sues to block Reynolds acquisiton

(News & Record, Greensboro)

A Lorillard investor seeking to represent all company shareholders has filed a lawsuit to stop Reynolds American's $27.4 billion acquisition of the Greensboro-based cigarette maker, according to a Bloomberg report.

Man pleads guilty in Charlotte Ponzi scheme case

(The Charlotte Observer)

Claude Darrell McDougal, 55, pleaded guilty to securities fraud and faces up to 20 years in prison and a $5 million fine. About 25 Charlotte investors lost more than $2.5 million in a Ponzi scheme McDougal ran between 2006 and 2010..

Health insurers to issue $8.5 million in refunds to NC residents

(The News & Observer, Raleigh)

More than 182,000 North Carolina residents are eligible for insurance refunds totaling $8.5 million under a provision of the Affordable Care Act. The average refund will be $77 per family.

Wine industry thriving in NC

(Asheville Citizen-Times)

A group of wineries in Western N.C. and north Georgia will become part of an American Viticultural Area, a federal designation that allows vintners to more accurately describe the origins of their wine. Wineries across North Carolina attract 1.26 million visitors annually, and the wine industry had a $1.28 billion impact in the state in 2009. 

NC Senate supports closing fund for corporate recruitment

(The News & Observer, Raleigh)

A bill passed by the N.C. Senate included a measure to establish a new closing fund that would give the state commerce secretary the ability to offer upfront incentives to large companies looking to relocate or establish operations in North Carolina. 

Senate proposes major changes to Medicaid

(The News & Observer, Raleigh)

The state Senate gave preliminary approval to a bill that would take control of Medicaid away from the Department of Health and Human Services. A paid board of directors would run the health-insurance program that covers 1.7 million people. The bill also supports a move toward commercial managed care for Medicaid.

NC Senate gives initial approval to sales-tax changes

(The News & Observer, Raleigh)

The state Senate gave initial approval to a measure that would place a cap on the amount of sales taxes counties can collect. Under the proposed legislation, most counties would be limited to a local sales- and use-tax limit of 2.5%. 

McCrory signs Common Core compromise bill

(The News & Observer, Raleigh)

Gov. Pat McCrory signed a bill Tuesday that will create a new commission to review and develop curriculum to replace Common Core standards in public schools. The bill, which is a compromise to House and Senate bills, will allow the commission to keep some parts of Common Core.

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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.