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

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.

Charlotte bubbles ahead

By David Mildenberg - Jul 23, 2014 - 6:30:00 pm

Landing 1,260 jobs and the headquarters of Sealed Air Corp. may rank among the best days in the history of Charlotte’s business community, on par with NationsBank Corp.’s purchase of Bank of America Corp. in 1998 or Royal Insurance’s U.S. headquarters relocation from New York City in 1986.

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

Dollar Tree to acquire Family Dollar for $8.5 billion

(The Charlotte Observer)

Matthews-based Family Dollar Stores will be bought by Chesapeake, Va.-based Dollar Tree, the companies announced Monday morning. Dollar Tree will pay $8.5 billion in the cash-and-stock deal — $74.50 a share, a 22.8% premium over Family Dollar's Friday closing price.

20 years later: BB&T-Southern National merger

(Winston-Salem Journal)

On Aug. 1, 1994, BB&T and Southern National announced a merger that would eventually make the combined bank one of the largest in the country.

The film industry spends $268 million in N.C. in 2014

(Wilmington StarNews)

The movie industry spent $268 million in the state during the first six months of the year, according to the N.C. Film Office. That exceeds 2013's total-year spending.

Construction and controversy at A-B Tech

(Asheville Citizen-Times)

The building boom on the campus of Asheville-Buncombe Technical Community College isn't without controversy, debate and power grabs.

Senate, House say they've reached a budget deal

(Raleigh News & Observer)

The North Carolina Senate and House have agreed to a budget that increases the salaries of state teachers by 7% and saves the jobs of teaching assistants.

The myth behind N.C.'s cut in jobless benefits

(The New York Times)

After eliminating jobless benefits for those unemployed 20 weeks or longer, North Carolina became a partisan player in the debate on economic policy. A closer look, however, reveals that it has performed similarly to neighboring states.   

NC Senate supports closing fund for corporate recruitment

(The News & Observer, Raleigh)

A bill passed by the N.C. Senate included a measure to establish a new closing fund that would give the state commerce secretary the ability to offer upfront incentives to large companies looking to relocate or establish operations in North Carolina. 

Senate proposes major changes to Medicaid

(The News & Observer, Raleigh)

The state Senate gave preliminary approval to a bill that would take control of Medicaid away from the Department of Health and Human Services. A paid board of directors would run the health-insurance program that covers 1.7 million people. The bill also supports a move toward commercial managed care for Medicaid.

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Events

North Carolina Conference on Education

North Carolina Vision 2030 – A Plan for Accelerating Job Growth & Securing North Carolina’s Future

August 14, Durham

Sponsored by the North Carolina Chamber

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.