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Regional Report Triangle June 2009

It probably seemed like a good idea at the time. About 110 members of the International Association of Machinists and Aerospace Workers at Moncure Plywood LLC — nearly half the 225-person work force — walked off the job last July, complaining about longer work weeks and higher health-insurance costs.

2009-06

Regional Report Western June 2009

They call Ghost Town in the Sky’s rollercoaster the Cliff Hanger. That could describe this season for the Maggie Valley amusement park, which declared Chapter 11 bankruptcy in March.

2009-06

Tax could be at your service

Every so often, I’m reminded that journalists enjoy only about as much popularity among the general public as lawyers.

2009-06

The measure of a marine

From the time he became CEO in 1983 to his retirement in 2001, Hugh McColl waged an aggressive campaign that turned what once had been North Carolina National Bank into Bank of America.

2009-06

The Queen City’s slipping crown

Anyone who has lived in North Carolina longer than, oh, 15 minutes or so knows of the intense sibling rivalry between Charlotte and Raleigh.

2009-06

Lowe’s goes public

Leonard Herring recalls all the wheeling and dealing revolving around the company’s IPO.
2009-05

Mr. Martin’s wild ride

This recession business might not be so bad after all. At least, not for guys like me.
2009-05

Qué pasa?

Morning passes quietly at the corner of Church and Oak in Biscoe. A block away on the main drag, a logging truck groans, downshifting for one of the town’s two stoplights. Then the stillness returns. In a small brick building, the smell of cilantro, onion and chilies fills the dining room — 24 chairs, four green-backed booths, two yellow-and-red parrot figurines, one with sunglasses on its beak, and no customers.
2009-05

Regional Report Charlotte May 2009

As April Fools Day dawned, the Charlotte Bobcats’ playoff aspirations were, for the first time in the franchise’s short history, no joke.
2009-05

Regional Report Eastern May 2009

Poop power seemed like a godsend — possibly the perfect way to prevent the kind of mess Hurricane Floyd made 10 years ago when it flooded lagoons filled with fetid pig waste.
2009-05

Regional Report Triad May 2009

Winston-Salem Mayor Allen Joines admits he’s frustrated with one of Forsyth County’s largest employers. He knows companies need to cut jobs in a downturn, but he says Dell Inc. should provide more details about the future of its local factory and how many it will employ.
2009-05

Regional Report Triangle May 2009

After days of speculation about impending layoffs at IBM Corp.’s campus in Research Triangle Park, the company put out some numbers: 334 of its roughly 10,000 workers there will be cut loose by the end of this month.
2009-05

Regional Report Western May 2009

Hard times are bringing back fond memories for farmers in western North Carolina. Burley, the state’s other tobacco, is rebounding there, playing on its ability to generate substantial cash from small plots tended by family farmers and part-timers.
2009-05

Water on the brain

A few decades ago, more than 1,000 workers toiled at Alcoa Inc.’s smelting plant at the south end of Badin Lake.
2009-05

With a side of business

Business people, if they were honest with themselves, would have to admit to being the biggest self-help junkies around.
2009-05

Emotional rescue

For those who frequent that strange piece of architecture known as the North Carolina Legislative Building, it would be easy enough to conclude that the $789 billion federal stimulus package is all about saving state government.
2009-04

Just a phrase we’re going through

Every market, be it bear or bull, seems to generate a catchphrase that eventually comes to encapsulate the mojo of the moment.
2009-04

Playing the hand you're dealt

In his memoir, former Lowe's CEO Leonard Herring recalls how the fledgling chain survived the death of its founder.
2009-04

Regional Report Charlotte April 2009

Not long ago, Mecklenburg County seemed almost recession-proof, buoyed as it was by Charlotte’s prosperous big banks.
2009-04

Regional Report Eastern April 2009

In February when Moyock-based Blackwater Worldwide became Xe Services LLC, the question wasn’t what’s in a name.
2009-04