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Regional Report Triangle August 2011

In June, PNC Financial Services Group Inc. agreed to buy RBC Bank USA, the Raleigh-based retail-banking arm of Royal Bank of Canada, for approximately $3.5 billion.
2011-08

Regional Report Western August 2011

Steve Miller, 56, was a young employee at Biltmore House when brothers George and Bill Cecil Sr. split the Asheville estate their grandfather George Vanderbilt built at the end of the 19th century.
2011-08

The bank job

Disaster. Perseverance. Disappointment. Redemption. North American Financial Holdings Inc.’s ascent from abstract business plan to the state’s fifth-largest financial institution in less than a year has the narrative arc of a blockbuster movie, and we’ve provided the storyboards.
2011-08

Top 75 public companies

Nearly three years after the credit crisis crippled the economy, businesses are on the mend, as evidenced by the Top 75, Business North Carolina’s annual ranking of the largest publicly traded companies based in the state.

2011-08

Charging shales tax

I’ll start by noting this minor surprise: An immense amount of natural gas is thought to be in the ground beneath a patch of rural North Carolina, and nobody to date has evoked The Beverly Hillbillies.
2011-07

Filling a prescription for more physicians

Water drips at his feet on black-and-white mosaic tile the size of checkers. The smell of fresh paint hangs in the dampness from the downpour outside, and Jim Roberts’ voice echoes in the empty lobby.
2011-07

Incentives to win

It wasn’t happenstance. Gov. Beverly Perdue, delivering her State of the State address to the General Assembly back in February, recognized a company and its CEO, who stood in the House gallery.
2011-07

Major success in a minor key

Barbra Streisand seemed a bit flustered. Wearing a majestic necklace with shiny black stones and a flowing maroon dress, the veteran actress and pop star was standing at the podium during the Grammy ceremony in Los Angeles Feb. 13.
2011-07

On a dad line

When my wife and I decided to have kids, we also decided we didn’t want them in day care their first few years.
2011-07

Regional Report Charlotte July11

$25,000 plus expenses. What the embattled Charlotte Regional Visitors Authority (Regional Report, June) agreed to pay PricewaterhouseCoopers to review its operations.

2011-07

Regional Report Eastern July11

With international demand rising, N.C. Agriculture Commissioner Steve Troxler says it’s high time the ports at Morehead City and Wilmington exported more of the state’s farm products.

2011-07

Regional Report Triad July11

Lee Wyatt, 58, resigned as chief financial officer of Hanesbrands, saying he wants to pursue opportunities with turnaround or spin-off companies. The apparel maker appointed Dale Boyles, its controller and chief accounting officer, as interim CFO. In an unrelated matter, the company purchased Australian clothing distributor TNF Group for $9 million. It says the deal will expand sales of its Champion brand in Asia.

2011-07

Regional Report Triangle July11

As hostile takeovers go, WakeMed Health & Hospital Inc.’s $750 million bid to buy Raleigh rival Rex Healthcare Inc. wouldn’t raise eyebrows on Wall Street, but it’s shocking in the once genteel realm of Tar Heel health care.

2011-07

Regional Report Western July11

Publicity is integral in making a movie a hit.

2011-07

Duke Energy’s coal, coal heart

I don’t know how much I’ll like having Duke Energy Corp. as my power company.
2011-06

Out of order

Weststar Financial Services Corp. tried hard to put a happy face on Buddy Greenwood’s retirement as CEO of it and its lone subsidiary, Bank of Asheville.
2011-06

Soldier on

Thirty minutes, they said. “Get your combat gear and be on the airplane at Pope” — the Air Force base next door to Fort Bragg.
2011-06

The uniform commercial code

The night is hot, the beer cold, the neon bright. Rick’s Lounge, which anchors Hay Street — “Combat Alley” — in downtown Fayetteville, is packed.
2011-06

This business about the budget

Back in January, leaders of the new Republican majority in the General Assembly spoke of working in partnership with the Democratic governor.
2011-06

United we stand

At first glance, the proposed merger of FNB United Corp. and Bank of Granite Corp. looks like a bad match.
2011-06