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

BankNotes: The keys to community

By Scott Custer - Jul 29, 2014 - 4:00:00 pm

There is no magic formula for building a successful community bank, but there are certain characteristics common among the most successful ones in our state.

Welcome back, Fayetteville

By Spencer Campbell - Jul 28, 2014 - 1:00:00 pm

Undoubtedly due to unwavering military might, Fayetteville ranks third among the largest 150 U.S. cities for growth since the end of the recession, according to WalletHub.

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

'Hustle' hands BofA $1.3 billion in civil penalities

(Charlotte Observer)

A federal judge ordered Charlotte-based Bank of America to pay $1.3 billion after a jury said its Countrywide unit knowingly sold bad home loans to Fannie and Freddie.

Icahn dumps more Family Dollar stock

(Charlotte Observer)

Carl Icahn owns just 3.6% of Family Dollar's stock, down from more than 9% on Monday, when the company announced it will be acquired by Dollar General.

New Breed bought by Connecticut company

(Winston-Salem Journal)

New Breed Holding Co., a logistics company and one of High Point's largest employers, will be acquired by Connecticut-based XPO Logistics for $615 million.

Indian drugmaker to open Monroe plant

(Charlotte Observer)

Glenmark Pharmaceuticals will invest $17 million and hire 41 over three years at its first North American manufacturing plant, which will make generic drugs.

House closes the door on the governor's closing fund

(News and Observer, Raleigh)

Gov. Pat McCrory’s push to create a new incentive program to recruit new business met resistance in a House committee with lawmakers rejecting the Senate-approved measure.

New rules for rivers

(News and Observer, Raleigh)

The General Assembly agreed to replace rules that protect North Carolina’s rivers and streams with new regulations written by industry insiders and regulators.

Raleigh politicians settle on budget

(News and Observer, Raleigh)
Legislative leaders in Raleigh agree on a $21.3 billion budget that would boost starting pay for teachers to $35,000.

 

State budget sets $10 million in firm incentives

(Star-News, Wilmington)

The state budget favored by Raleigh lawmakers includes $10 million in incentives for film projects, which industry officials criticized as paltry.

 

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Events

Small Business Seminars

Sponsored by the North Carolina Department of Revenue

Keys to Success Workshop (Charlotte, Elizabeth City, Fayetteville, Greensboro, Hickory, Raleigh, Wilmington, Winston Salem)

Taxpayers will participate in hands on activities while learning their basic business requirements for the North Carolina Department of Revenue.

 

Various dates and times from June 19- August 28.

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.