April 2014

Heart of coal

Ashes of what made Duke Energy so powerful now smudge its reputation.

Cover Story

Business with pleasure

The governor calls on the state's best courses to help him court commerce. Here's a list of the best in the state.

Feature

Skins game

Harold Varner takes aim at becoming one of the rarest things in golf — a black pro.

Feature

Just for Clicks

Best places to own a home in NC, and BJ Leiderman composes a theme song for BNC.

Just for Clicks

NC Trend

N.C. Employment

The North Carolina unemployment rate fell to 6.7% in January, down from 6.9% the previous month. The U.S. rate was 6.6%.

N.C. Employment

Special Reports and Publications

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.

N.C. Mid-Market Fast 40

Nominate a company for our annual list of the fastest-growing middle-market companies in the state.

Small Business of the Year

2014 is the 19th 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.

The Annual Checkup

Our 2014 list of the state's top hospitals, plus second opinions from other popular rankings.

Best Employers in North Carolina

The state's best employers don't give their workers everything; they give them the right things.

Daily Digest

BB&T posts first quarter profit of $501 million, will raise dividend

(Winston-Salem Journal)

BB&T reported a profit of $501 million for the first quarter and will raise its quarterly dividend a penny to 24 cents. CEO Kelly King cited strong insurance revenues and commercial loan growth for the profit increase.

Cambro to open plant in Mebane, create 100 jobs

(The News & Observer, Raleigh)

Cambro Manufacturing will invest more than $30.4 million in a plant in Mebane and will create 100 jobs over three years. The Huntington Beach, Calif.-based company makes containers and display items for the foodservice industry.

Raleigh tops Forbes list of Best Cities for Raising a Family

(Forbes)

Forbes named Raleigh the No. 1 best city to raise a family, citing its quality schools, low crime and high percentage of residents who own homes. Other criteria included median household income, Cost of Living Index and the affordability of housing.

La-Z-Boy to cut 100 jobs in Caldwell, Wilkes counties

(Winston-Salem Journal)

Monroe, Mich.-based La-Z-Boy will cut 100 jobs in North Carolina. The Monroe, Mich.-based company will close two warehouses in North Wilkesboro and a wooden-furniture plant in Caldwell County by year-end. It will sell off its youth furniture line to Lea Industries.

School leaders concerned over increase in Wake County teacher resignations

(The News & Observer, Raleigh)

Teacher resignations in Wake County have increased 41% compared with the same time a year ago. Of Wake's 9,000 teachers, 612 have resigned since the school year began, up from 433 during the same time last year. North Carolina's average pay for teachers ranks 46th in the nation.

McCrory announces oversight plan for Duke Energy's ash ponds

(The News & Observer, Raleigh)

Gov. Pat McCrory plans to ask state legislators for broader authority over the handling of coal-ash at Duke Energy's 33 ash ponds in North Carolina. McCrory, a former Duke Energy employee, wants site-specific plans that would remove ash from some ponds while leaving others drained and capped and would require more frequent inspections. 

State says charter schools must reveal salaries

(The Charlotte Observer)

Reversing a previous statement, the N.C. Board of Education now says charter schools must disclose how tax dollars are spent, including salaries. State Superintendent June Atkinson said that when the N.C. Department of Instruction said in March that charter schools did not need to publicly reveal salaries, the agency's attorneys had misunderstood the question.

Pay increases for veteran teachers unlikely this year

(The News & Observer, Raleigh)

GOP legislators say it is unlikely that North Carolina educators will receive across-the-board salary increases this year. Some Democrats say the reason is the recent tax overhaul that will leave the state with $2.4 billion less in revenue over the next five years. State employees and teachers have had one pay increase since 2008.

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Events

2014 Manufacturing Summit

Presented by the North Carolina Chamber

From navigating environmental regulations and site-selection strengths and weaknesses, to supply chain logistics and strategies for identifying qualified talent, this event will cover the timely topics that your leadership team and employees are tackling every day.

Thursday, May 1, Greensboro

BNC Pulse

Poll: Fiber fever Tech companies are rushing to upgrade their fiber networks to keep or get your business. How much more would you pay for home Internet service 20 or even 100 times faster than the average service?  $50 more a month  $20 more a month  Nothing, I wouldn't upgrade.

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