April 2015

Hedging her bets

Treasurer Janet Cowell favors a bolder plan to ensure the state's pension stays among the nation's strongest.

Janet Cowell

Betting the farm on biotech

North Carolina companies use science to improve crops, livestock and other farm products.

Ag-biotech

Stepping on the gas

Ex-Halliburton exec uses energy expertise to influence the state's fracking debate.

Vik Rao

Trading spaces

Known for its big tenants, Research Triangle Park is welcoming smaller ones at a free meeting space.

The Frontier

Latest Blog Posts

Report: N.C. State offers best value

By Cathy Martin - Mar 30, 2015 - 2:00:00 pm

For a good education at a good price, N.C. State University offers the best value in the state, according to a recent study by personal-finance website SmartAsset.com.

N.C. tax receipts remain lower than 2007 levels

By David Mildenberg - Mar 27, 2015 - 10:00:00 am

Tax revenues collected by North Carolina are 9.5% lower than at their peak in late 2007, adjusted for inflation, according to The Pew Charitable Trusts. 

Special Reports and Publications

The Best of Health

Business North Carolina's annual ranking of the top Tar Heel hospitals, plus patient picks and other popular rankings.

2015 Best Employers in North Carolina

The state's best employers have many bright ideas to show they appreciate their workers.

Economic Forecast Round Table

North Carolina's diversified economy is picking up steam, though a panel of state leaders finds the divide between urban and rural fortunes perplexing.

First in Flight

Business North Carolina's annual look at the state's growing aviation and aerospace industries.

Small Business of the Year

2015 marks the 20th year Business North Carolina magazine will select a Small Business of the Year to honor the contributions these companies make to our state’s economy.

Daily Digest

President of Wake Forest Baptist Health steps down

(Winston-Salem Journal)

Karen "Bobbi" Carbone is stepping down as president of Wake Forest Baptist Health, a division of Wake Forest Baptist Medical Center. Carbone joined the division in March 2014 as chief operating officer and became president when Thomas Sibert retired in August. The Winston-Salem-based health system said Carbone is leaving "to pursue other opportunities." Mike Rutherford, chief financial officer, also plans to step down in April.

Volvo will invest $500M in US auto plant

(The News & Observer, Raleigh)

Volvo said Monday it will invest $500 million to build a new car-manufacturing plant in the United States, and reports have said North Carolina is one of several states in the running. The company said it has "drawn up a short list" of potential sites; The Wall Street Journal reported the location will be announced in about a month.

Bathtub manufacturer laying off 87 in Wilson

(The Wilson Times)

Bathcraft will close its Wilson manufacturing plant and lay off 87 workers. The Remerton, Ga.-based company, which makes showers and tubs for residential homes, said it is closing the plant due to continued uncertainty in the housing market.

Report: Tobacco companies face final FTC review

(Winston-Salem Journal)

Reynolds American and Lorillard this week could hold a final meeting with members of the Federal Trade Commission regarding the companies' proposed $27.4 million merger, according to a report in The Wall Street Journal. The tobacco companies said they expect the deal to close by June 30. Shareholders of both companies approved the merger in January.

McCrory calls sales-tax bill 'class warfare'

(The Charlotte Observer)

Gov. Pat McCrory said Monday a Senate bill that proposes to redistribute sales-tax revenue from urban areas to rural ones would raise taxes for "millions of people in North Carolina." State Sen. Bob Rucho of Matthews has introduced a competing proposal that wouldn't impact urban areas as much as the first bill filed by Sen. Harry Brown. 

Tillis, Burr vote with Democrats for same-sex marriage benefits

(The News & Observer, Raleigh)

Sens. Thom Tillis and Richard Burr voted last week for a budget amendment that would give legally married same-sex spouses Social Security and veterans benefits. The North Carolina senators joined nine Republicans and all Democrats in voting for the measure.

 

Senators file bill to sell Dorothea Dix property to highest bidder

(The News & Observer, Raleigh)

Three Republican senators filed a bill Thursday that would put the 308-acre Dorothea Dix property in Raleigh up for sale. Bidding would start at $52 million – the same amount the city agreed to pay for the property. City leaders want to build a destination park similar to New York City's Central Park. "I just believe that the property is worth more than we're being offered," Sen. Tommy Tucker of Waxhaw said.

House committee rejects medical marijuana bill

(The Fayetteville Observer)

A House judiciary committee voted unanimously against a bill that would have legalized the use of marijuana for medicinal purposes.

View All Events>>

Events

AENC Technology 20.15 Conference

When: April 10, 8:00 a.m.-3:00 p.m.

Where: Hilton Durham

BNC Pulse

Poll: Google Fiber Would or will you upgrade to Google Fiber if available in your town?  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.