October 2014

The 100 at 30

Like many in the 30th-anniversary ranking of the state's largest companies, America's oldest gun-maker has a national reputation that precedes it.

Top 100

Parts and parcels

Wanting to spread the wealth, Temple Sloan made more than 400 of his employees millionaires.

Temple Sloan

Edifice rex

Education and medical projects dominate the inaugural Building North Carolina Awards.

Building NC

Cutting in the middleman

An organic-farming advocate helps farmers quit tobacco.

NCtrend

Latest Blog Posts

Linamar plans $115 million expansion near Asheville

By David Mildenberg - Oct 31, 2014 - 10:17:00 am

Linamar Corp. plans to invest $115 million and add 150 jobs at its Arden plant near Asheville.

Honda Aircraft announces $19M expansion in Greensboro

By Cathy Martin - Oct 20, 2014 - 3:00:00 pm

Honda Aircraft Company, expecting robust sales of its new $4.5 million jet, announced a $19 million expansion at its Greensboro headquarters.

Special Reports and Publications

Manufacturing Round Table

Textile and furniture mills turned poor Tar Heel tobacco laborers into middle-class earners. Now that many of those jobs have been shipped overseas, it's time to examine the future of the industry in NC.

North Carolina Higher Education Directory

A comprehensive guide to higher education in the state, with information about North Carolina's public and private colleges, universities and community colleges.

Focus on Guilford County

Companies can't help but notice the abundance of assets in Guilford County.

Top 75 Public Companies

Investors show an appetite for companies on our list of the Top 75 publicly traded based in North Carolina.

Research North Carolina

The concepts, processes and technologies created in North Carolina's private and public institutions are laying the groundwork for economic success in our state.

Daily Digest

Blue Cross Blue Shield sends 42,000 incorrect renewal notices

(The News & Observer, Raleigh)

The state's largest health insurer mailed out about 42,000 policy renewal letters with incorrect rates. Some Blue Cross Blue Shield customers received notices showing cost increases of more than 100%. A company spokeswoman said the mistake was due to "good old classic human error."

Food Lion gets third president in less than two years

(The Charlotte Observer)

Food Lion President Beth Newlands Campbell is resigning this week, citing personal and professional reasons. She has held the position since December 2012. Meg Ham, president of Bottom Dollar Food, will replace her. Both Food Lion and Bottom Dollar are Salisbury-based subsidiaries of Brussels-based Delhaize Group.

Lenovo completes acquisition of Motorola smartphone business

(The News & Observer, Raleigh)

Lenovo is now the world's No. 3 smartphone company after completing its $2.91 billion acquistion of Google-owned Motorola Mobility. Chicago-based Motorola will operate as a subsidiary of Beijing-based Lenovo, which has its North American headquarters in Morrisville.

Former BofA chairman takes leadership role at Shell

(The Charlotte Observer)

Chad Holliday, chairman of Bank of America from 2010 until CEO Brian Moynihan replaced him earlier this month, will become chairman of gas company Royal Dutch Shell next year. Holliday will continue to serve on the Charlotte-based bank's board.

McCrory mulls Medicaid expansion

(The News & Observer, Raleigh)

Gov. Pat McCrory said he is considering whether or not to expand Medicaid, a move that would allow about 500,000 low-income residents to qualify for the health insurance program. The federal government has said it would cover 100% of the state's expansion costs through 2016 and at least 90% afterwards. 

Roy Williams defends ethics at media event

(The News & Observer, Raleigh)

UNC basketball coach Roy Williams said Wednesday if the university fires him, it will be because he didn't win games and not because of the academic scandal that included 167 basketball players enrolled in no-show classes since Williams arrived at the university in 2003. According to the Wainstein report released last week, Wayne Walden, the men's basketball academic counselor who enrolled players in the classes, said he never shared his concerns about the classes with Williams.

NC Democratic Party accused of 'voter shaming' tactics

(WRAL.com, Raleigh)

Voters in at least four N.C. counties have reported receiving letters from the North Carolina Democratic Party that use social-pressure tactics to motivate them to vote. Some letters included a "report card" based on individual voters' prior voting history.
Related: NC Democratic Party, Sierra Club try shaming tactics to get out the vote

Libertarian Senate candidate Haugh admits to smoking pot

(The News & Observer, Raleigh)

Libertarian U.S. Senate candidate Sean Haugh admitted that he smokes marijuana to alleviate arthritis pain. In an effort to draw votes away from Democratic Sen. Kay Hagan, conservative group American Future Fund has launched a pro-pot Internet campaign urging young voters to support Haugh instead of Hagan.

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Events

NC Tech Awards

The premier statewide technology awards program, presented by the North Carolina Technology Association.

When: November 6, 2014

Where: Raleigh Convention Center

BNC Pulse

Poll What is the most important issue in November's election?  Jobs/economy  Health care  National security  Immigration  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.