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

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. 

IBM reports eighth straight quarter of revenue decline

(WRAL.com)

Armonk, N.Y.-based IBM reported first quarter net income of $2.4 billion, down 21% from the same period a year ago, due to slumping hardware sales. Revenue fell for the eighth consecutive quarter to $22.5 billion. The company reported slight growth in its software sales and technology services segments. IBM employs approximately 8,000 workers at Research Triangle Park.

N.C. State to lead $25 million nuclear proliferation study

(The News & Observer, Raleigh)

N.C. State University was awarded a federal grant to lead a $25 million consortium of universities and laboratories in studying ways to monitor nuclear proliferation. The National Nuclear Security Administration announced the grant Wednesday. It is the third large federal grant the university has received over the past eight months.

Cameron returns as CEO of Reynolds American

(The Charlotte Observer)

Reynolds American has named board member Susan Cameron chief executive officer effective May 1. She previously served as CEO of the Winston-Salem-based tobacco company from 2004 to 2011 before she retired. Cameron will replace Daniel Delen who is retiring.

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.

McCrory, Decker announce new workforce-development initiative

(The News & Observer, Raleigh)

Gov. Pat McCrory and Commerce Secretary Sharon Decker announced the launch of NCWorks, a workforce-development initiative to be developed over the next 12 months that will connect businesses with potential employees.

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Events

NCTA Synthesis@Moogfest

April 25-26, Asheville

NCTA is partnering to bring a tech demonstration and expo component to Moogfest. Synthesis@Moogfest will give tech companies with a headquarters or presence in N.C. the opportunity to showcase their cutting-edge products to the thousands of festival attendees.  This is also a great opportunity to interact with potential job seekers.

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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