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Article Title |
Issue |
| To win again | 2010-08 |
| The emcee at the ceremony in Indianapolis suggested that the Alliance of Area Business Publications open a hall of fame so it could put Ed Martin in it. |
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| Modem come of success | 2010-08 |
| We think of the past as a simpler time, and indeed it was — specifically
2008, when private companies offered cable service and Internet access,
cities contented themselves with matters like zoning issues and sign
ordinances, and never did those twains meet. |
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| Ghost in the machine | 2010-08 |
Not long ago, a crowd in the hundreds — large by the standards of your usual Raleigh political protest — showed up at the Legislative Building.
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| Historical data | 2010-07 |
By now, alert readers may have noticed an amazing consistency in the retail-sales numbers we run in our NC Trend section. |
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| Holes in the big tent | 2010-07 |
It’s necessary in these modern times, when discussing the issue of diversity, to tiptoe toward it carefully — if not step around it entirely. |
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| Small business: Give me a break | 2010-07 |
Democrats in the legislature and governor’s mansion have been stumbling over themselves to scrape together enough money to give a modest tax break to small-business owners. |
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| Game Boy | 2010-06 |
In April, an organization called the Triangle Gaming Initiative held its second annual conference in Raleigh. |
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| State tries to tame Amazon | 2010-06 |
Last year, The Motley Fool investor website posted a piece entitled “Why Does North Carolina Hate Amazon?” |
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| What was it Deep Throat said? | 2010-06 |
The awarding of Pulitzer Prizes tends to be, by design, a low-key affair. |
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| Homeward bound | 2010-05 |
Shaking, she poked a shotgun in my face. They called her “The Witch of
Micro,” a stooped old woman in a flour-sack dress, living in a shack
with several rheumy-eyed dogs and some chickens. |
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| Obamacare’s winners and losers | 2010-05 |
With the hyperventilation over health care having abated a bit — which
is to say, now that we all understand civilization has neither been
saved nor destroyed, that angels didn’t sing nor did evil triumph —
let’s ponder how North Carolina’s capitalist pie might get resliced as
a result. |
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| Last call for state-sold alcohol? | 2010-05 |
The General Assembly may get the chance this year to perform that
rarest of legislative feats — shrink government and promote free
enterprise. |
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| Eye of the needle | 2010-04 |
Scars fleck my flesh. Many were inflicted by folly, like the now nearly
invisible one at the corner of my right eye, etched when I toppled into
a toy box as a toddler. |
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| Learned behavior | 2010-04 |
It is an article of faith in Wake County, where I live, that the
Triangle’s economic vitality is due in no small measure to its
progressive, nationally lauded school system. |
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| Executives’ power won’t wane | 2010-04 |
For several years, John Davis has been saying that the General Assembly is becoming less friendly to business. |
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| Generation app | 2010-03 |
I got a news release the other day from SBR Consulting, a Charlotte
human-resources company, touting its study of how the recession has
changed the views of young workers — “millennials,” specifically those
in the workforce born after 1977. |
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| More than just a bubble burst | 2010-03 |
Ponder this: Mike Easley might be a victim of the housing bubble. |
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| How to end the incentives war | 2010-03 |
There are certain words and phrases which, when spoken out loud, tend to provoke expressions of regret as bad memories cascade. |
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| Who watches the watchmen? | 2010-02 |
Elsewhere in this issue you’ll find an article I wrote about Ken Lewis,
the beleaguered (and now former) chief executive officer of Bank of
America Corp. |
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| Bankers banquet | 2010-02 |
This marks the 23rd time Business North Carolina has named a Mover and Shaker of the Year, and like our current pick, more than a third have been bankers. |
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| Tax hike hasn’t sacked recruiting | 2010-02 |
As 2009 came to a close, Gov. Beverly Perdue made sure North
Carolinians knew presents were on the way just in time for Christmas. |
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| Late Return on Early Withdrawal | 2010-02 |
Few places in the U.S. suffered as much as Charlotte during the near meltdown of the nation’s financial sector in late 2008. |
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| Out in the Country | 2010-02 |
Eastern North Carolina has long been a political colossus and an economic runt. |
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| Down So Long This Looks Like Up | 2010-02 |
The ’00s weren’t kind to the Triad. Employment in the region slipped about 5% during the decade as manufacturing jobs left. |
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| Banking on Intellectual Capital | 2010-02 |
The recession wasn’t as brutal to the Triangle as it was to other
parts of the state, but the blows it dealt weren’t all love taps. |
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| Peaks Loom Higher From the Hollows | 2010-02 |
Just when the western part of the state had nearly recovered from
the recession of 2001, along came the second downturn of the decade. |
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| Tinkers tailor innovation | 2010-01 |
It hasn’t been a good year for research and development. In and around Research Triangle Park, which is old enough (51 this month) to be admired for its longevity and to feel the occasional ache in its bones, there were a couple of significant twinges in November. |
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| State pols can’t rescind recession | 2010-01 |
As 2009 ends, economists forecast a mostly jobless recovery. That’s bad news for people out of work. It’s also not so good for anyone who pays taxes, drives on roads or sends their kids to public schools. |
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| Hot Stocks for 2010 | 2010-01 |
Commenting on one of his photos that appeared in this magazine, Will
Mitchell joked that he picks stocks better than he picks barbers. |
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| Ticket to the past | 2010-01 |
Arriving via vintage firetruck, Santa has boarded the train, now
crawling along one of the tracks that once lined this place like the
wrinkles the sun etches on a farmer’s face. |
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| Comes with age | 2009-12 |
Watching Pete Verna hobble from his office to his sport utility
vehicle, Senior Editor Frank Maley wondered whether he should try to
keep him from getting behind the wheel. “Walking seemed such a struggle
for him. |
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| Behind the green door | 2009-12 |
Cree Inc., the Durham company that has spent most of the 22 years since
its founding trying to get the world to appreciate the potential of its
light-emitting-diode technology, had an enviable October. |
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| Tension over pensions | 2009-12 |
Things could be worse for Janet Cowell. Instead of entering office
during the Great Recession, she could have been elected in the Great
Depression. |
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| Data errata | 2009-11 |
Talk about leading with your chin: On this page last month, I lamented
the loss of craftsmanship and commitment to getting it right in much of
what passes for journalism these days. |
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| Grading U.S. choice | 2009-11 |
Without meaning to, two North Carolina banks this year turned
themselves into unwitting participants in a business-school case study
that MBA candidates will chew on for years to come. |
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| Going green by degrees | 2009-11 |
In 2002, supporters of what was deemed model clean-air legislation saw
new requirements on the state’s power companies as something
unimaginable a few years earlier. |
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| Readers Write Nov_09 | 2009-11 |
Without a doubt Charlotte-Mecklenburg elected leaders, past and present, contributed to the demise of Eastland Mall. |
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| The realities of realty | 2009-10 |
On Sept. 17, 2007, a for-sale sign was jammed into the front yard of my
home, which I had bought just 2 1/2 years prior (which is to say, near
the peak of the housing market). Thus began my education in real
estate. |
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| Sleeping with the enemy | 2009-10 |
So much for government not negotiating with terrorists. A decade ago,
Bruce Marks billed himself a “bank terrorist,” and he hasn’t backed
away from the label. |
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| All a Twitter? | 2009-10 |
Here goes, another refrain from The Old Fart’s Lament:
It was different back then, 41 years ago when I started in this business. |
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| Figuring a return on incentives | 2009-09 |
Whenever some big-name company takes the bait — the big money the state uses to lure them — it seems to happen. The governor and secretary of commerce grin widely as they announce how North Carolina landed the trophy with tax breaks, grants and other financial incentives. |
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| Bad news travels fast | 2009-09 |
You never know how many friends you have until tragedy strikes. Well, tragedy might be a bit strong. “Some woman backed into me,” my wife whimpers over the phone. |
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| Economic outlook | 2009-09 |
Recession has hit North Carolina’s job market harder than most. The gap between the state’s unemployment rate and the nation’s widened late last year, and Matthew Martin says the U.S. economy will recover quicker than North Carolina’s |
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| Up Front | 2009-08 |
The Business North Carolina magazine staff pays attention to
business and the people important to the state’s stories,” the judges —
members of the University of Missouri journalism faculty — said. |
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| Politicians’ nicotine fix | 2009-08 |
I’m not a smoker, but it wasn’t for lack of trying. |
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| Getting the right number | 2009-08 |
Back in the ’90s — you remember, when the dot-com bubble pushed your
stock portfolio so high that early retirement seemed right around the
corner — Congress and Bill Clinton decided the time had come to
overhaul the nation’s telecommunications laws. |
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| The value of moral obligations | 2009-07 |
Let’s do this Jeopardy!-style: I’ll give you the answer, and you craft your response in the form of a question. Ready? The category is “Things in Common,” and the answer is, “They
recently offered a vivid demonstration of the difference between what’s
legal and what’s right.” |
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| The state’s core investment | 2009-07 |
More than a decade ago, a writer for a national publication reported
that businesses and governments were becoming “disillusioned with
incentives.” |
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| Clog in the blog | 2009-07 |
On April 27, Dan Gearino announced on his Web site that he was putting
his two-year-old blog on hold “to concentrate on other,
income-producing pursuits.” Among them: the cover story in this month’s
issue (read here). |
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| The Queen City’s slipping crown | 2009-06 |
Anyone who has lived in North Carolina longer than, oh, 15 minutes or so knows of the intense sibling rivalry between Charlotte and Raleigh. |
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| Tax could be at your service | 2009-06 |
Every so often, I’m reminded that journalists enjoy only about as much popularity among the general public as lawyers. |
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| From the vault | 2009-06 |
We once had an editor who believed the magazine put too much emphasis on banking, an accusation to which I, as the guy guiding BNC’s coverage the last 22 years, can only plead guilty. |
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| Economic outlook | 2009-06 |
North Carolina should eliminate most of its tax credits for job creation and investment, according to a study done for the General Assembly. |
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| Mr. Martin’s wild ride | 2009-05 |
| This recession business might not be so bad after all. At least, not for guys like me.
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| Water on the brain | 2009-05 |
| A few decades ago, more than 1,000 workers toiled at Alcoa Inc.’s smelting plant at the south end of Badin Lake.
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| With a side of business | 2009-05 |
| Business people, if they were honest with themselves, would have to admit to being the biggest self-help junkies around.
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| Just a phrase we’re going through | 2009-04 |
| Every market, be it bear or bull, seems to generate a catchphrase that eventually comes to encapsulate the mojo of the moment.
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| Emotional rescue | 2009-04 |
| 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.
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| Serial filler | 2009-04 |
| For most mass media, less is more.
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| Like déja vu all over again | 2009-03 |
| BofA went from a relatively stable bank to the subject of speculation as to whether it or Citigroup would be the first nationalized.
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| The upside of downloads | 2009-03 |
“If you take a walk, I’ll tax your feet ...”
So far, Tar Heels have avoided the fate predicted by The Beatles in their 1966 hit ”Taxman.” But North Carolina might indeed tax your index finger when it clicks a button to get a song off iTunes or an online movie offering.
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| Got his number | 2009-03 |
| Not that I’m tight, but while some executives fret over whether they can muddle along on $500,000 a year, I fail to understand spendthrifts who throw away dental floss they’ve used only once. So it seems that somebody is forever trying to separate me from what little money I do have.
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| Economic outlook | 2009-03 |
| Mark-to-market accounting forces companies to value securities at their current market price, but some bankers want the rule changed, arguing that it undervalues assets and needlessly depletes capital.
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| ‘“ I’ve been very honest with everybody: | 2009-02 |
| On Jan. 10, Beverly Eaves Perdue became the 73rd governor of North Carolina — the first woman to hold the office.
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| Signing up for unions | 2009-02 |
| It took 16 years, but the Smithfield Packing plant near Tar Heel — where 32,000 hogs a day go in one door and countless pork chops pour out another — is now a union shop.
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| The best-laid plans of governors | 2009-02 |
| In 16 years as governor, Jim Hunt never let anyone doubt what he wanted his legacy to be.
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| Hard times | 2009-02 |
| As this is written on deadline, early one morning 13 days before
Christmas, the Three Kings from Detroit have been told there is no room
for them at the inn.
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| Looking under the TARP | 2009-01 |
| Having trouble figuring out the rhyme and reason buried within the federal government’s Troubled Asset Relief Program? Me, too.
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| To be, rather than to seem | 2009-01 |
| It would be interesting to know how many times in the last eight years
Mike Easley has uttered something about the challenges of competing in
a global economy.
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| To go boldly | 2009-01 |
| As this is written on deadline, early one morning 13 days before
Christmas, the Three Kings from Detroit have been told there is no room
for them at the inn.
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| Hot Stocks for 2009 | 2009-01 |
Plenty of words come to mind to summarize the stock market last year.
But which one does it best? “Brutal,” says Frank Jolley, president of
Jolley Asset Management in Rocky Mount. “Unfortunate,” says John
Woodard, president of Woodard & Company Asset Management Group in
Advance. “Fascinating,” says Bobby Edgerton, president of Capital
Investment Counsel in Raleigh and possibly a fugitive from the planet
Vulcan.
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| ‘The tragedy of life is not that man Loses but that he almost Wins’ | 2009-01 |
G. Kennedy Thompson, the small-town son of a North Carolina mill
manager, ascended to the top ranks of America’s financial industry —
and thus the world’s top ranks, considering that all currencies lead to
Wall Street — only to fall to earth with the spectacular collapse of
his bank.
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| Hey, you, get onto my cloud | 2008-12 |
| I’m not a trendsetter, a declaration that will come as no surprise to
anyone who has seen the way I dress or noticed which music stations are
programmed into my car radio. But I’m way ahead of the other kids on my
block when it comes to cloud computing — a concept that deserves your
attention.
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| He doesn’t take plastic | 2008-12 |
| I wanted to see the Old West, but it looked as if my initial vista
might be through the bars of a hoosegow. I’d rented a car through a
travel agency in Charlotte, and in the Albuquerque airport, the unhappy
man behind the Hertz counter explained: No credit card, no keys.
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| Are bonds ties that bind economy? | 2008-12 |
| In tough times, it’s probably a good idea to stash the plastic. It can be difficult enough making ends meet without rising credit-card payments.
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| When a big deal means little | 2008-11 |
| I like to think of myself as an Average Joe Six-Pack, but I know that’s
not truly the case. I have a taste for decent red wines, I shop at
Harry & David, and — God bless my conservative-leaning soul — I’m
even an occasional guest on my local National Public Radio affiliate,
so as to maintain my media-elite street cred. But let me nonetheless
don the clothes of A.J. Six-Pack here to pose this question: How is a
bigger, more powerful, Merrill Lynch-owning Bank of America good for me?
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| A big blow a-comin’ | 2008-11 |
| Disaster strikes. Everyone pays because of the failures of
policymakers. Major companies go down the tubes. Middle-class workers
mutter about a bailout of rich fat cats living the high life. The
meltdown on Wall Street? No. Try a meltdown of the market for
home-owners insurance in North Carolina.
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| Born to run | 2008-11 |
| After my haircut, Hamp Dowdy would strop his razor — punctuated by a
harrumph and spit of tobacco juice into his coffee can — and shave
around my ears. Then he’d shake talc on a horsehair brush and swab my
neck as if beating out a brushfire. My dad would squeeze his thick
wallet out of his bib overalls and give the old barber a dollar. All of
which helps explain why I just took part in a bank run.
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| He rests his case with Edwards | 2008-10 |
| I never meant for there to be a sequel to my August column about the
newspaper business. But after John Edwards and Rielle Hunter teamed up
not only to make whoopee (as well as a baby, allegedly) but also to
make my point for me, that previous piece is worth revisiting.
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| Change you can’t believe in | 2008-10 |
| Charlotte Mayor Pat McCrory is a danger to the middle class. Just ask
Lt. Gov. Beverly Perdue. As for Perdue, she’s part of the power elite,
one of five or six people who control everything in the state. McCrory
says so.
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| Sin of omission | 2008-10 |
| Needless to say,” Charles Flowers e-mailed me, “this is a troubling letter.” He was referring
to one that Will Sears, a Boone real-estate broker, had written about the cover story in our August issue on Bobby Ginn and Laurelmor, the mammoth residential and golf resort in Wilkes and Watauga counties.
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| On a need-to-know basis | 2008-09 |
| There’s a fellow living near Butner, where the federal government is
considering building a germ-defense lab, who is prone to dress in a
white suit and red cape with a large BS emblazoned on his chest. He’s
Bio-Safety Man,and he must be a scary dude. Or at least a very
persuasive one. Why else would more than a quarter-million dollars of
public money have been temporarily earmarked to overcome his opposition
to the lab?
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| The wages of sin taxes | 2008-09 |
| Smoke hovered in the hallways in 1999 when farmers from across the
state came to Raleigh to have their say on how legislators should use
money from the multibillion-dollar national tobacco settlement.
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| Chasing stories | 2008-09 |
| My insomnia continues. The Boss wrote about it 16 months ago in this
space and how it played into a change in our Web site — www.
BusinessNC.com. That’s when I started posting The Daily Digest, a
roundup of links to the top business and politics newspaper articles
across the state. One thing I’ve learned since: Negotiating newspaper
Web sites is hard work, whether you’re poring through them on deadline
at 5 a.m. or browsing casually during the day. But that’s what creates
value in what I do.
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| Readers Write Sept 08 | 2008-09 |
| On balance, the public faults newspapers' views.
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| Readers Write | 2008-08 |
| G.D. Gearino’s article on Spirit AeroSystem’s coming to the Global TransPark (Fine Print,
July) was a sobering reminder of the millions of tax dollars flushed
during the past two decades into this money pit in Jim Hunt’s backyard.
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| I read the news today, oh boy | 2008-08 |
| One of North Carolina’s highest-profile industries is deeply troubled, shedding jobs and watching revenue melt away like ice in August. Who mourns for this industry? Not thee. Not me. We don’t have to. The newspaper industry mourns for itself so loudly that we can barely get a word in edgewise.
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| Muzzling the tax bite | 2008-08 |
| Seven years ago, North Carolina lawmakers were starved for cash. A slowing economy put the state budget temporarily in the red, leaving a shortfall exceeding $1 billion. Legislators responded by turning the dogs loose on tax scofflaws.
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| And once again | 2008-08 |
| In one of the three straight years that Ed Martin won the Alliance of
Area Business Publications gold medal for best body of work by a
magazine reporter, the judges wrote: “His biggest talent? Telling a
story. The concept sounds simple, but all writers — and especially
business writers — seem to have a great trouble doing it. Martin knows
reporting is the key to good storytelling and brings an intense level
of investigation to stories.”
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| Pull of the public purse strings | 2008-07 |
| The last time North Carolina legislators decided to borrow money with
voter-approved general-obligation bonds, the late Harlan Boyles was
state treasurer. These days, the honorables issue more-expensive
certificates of participation— $554 million just last year.
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| Rolling in the “D’oh!” | 2008-07 |
| One of the many unhealthy similarities between journalists and
politicians is that both run the risk of becoming wedded to a
particular policy or point of view. Intellectual flexibility is a
desirable quality in both professions, yet intoo many cases when the
circumstances change … Oh, hell. Enough of the throat clearing and
pussyfooting. I need to just man up here and say it: The state’s Global
TransPark might prove to be a success after all.
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| His heart is in it | 2008-07 |
| In one of the three straight years that Ed Martin won the Alliance of
Area Business Publications gold medal for best body of work by a
magazine reporter, the judges wrote: “His biggest talent? Telling a
story. The concept sounds simple, but all writers — and especially
business writers — seem to have a great trouble doing it. Martin knows
reporting is the key to good storytelling and brings an intense level
of investigation to stories.”
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| Economic outlook | 2008-07 |
| The U.S. economy has softened, but there's no hard evidence it's in
recession - defined by many economists as at least two straight
quarters of decline in real gross domestic product.
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| Please write | 2008-06 |
| As publisher, I want to know — and I feel our editors need to know — if
all that effort is worth it. There’s a letters section in this issue.
We would like to run one every issue. What do you think?
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| Green without envy | 2008-06 |
| I’m not above the occasional indulgence in cheap wordplay, and I’ll
prove it with this bit of advice: If you want to make big piles of
green money, go brown. “Green,” of course, is shorthand for any
activity rooted in environmental improvement. Buildings are green,
manufacturing is green and investments are green if the protection and
nurturing of the ecology can be demonstrated — or at least claimed with
a straight face. Green-ness is a powerful marketing tool these days, on
par with (and first cousin to) “organic” in foods and “fair trade” in
clothes and jewelry and such.
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| Stoplight up ahead | 2008-06 |
| Each day, tractor-trailers unload goods at warehouses or stores in and
around Charlotte. For many, the stop marks a brief foray into North
Carolina. They’ve come from Charleston, S.C., or Savannah, Ga., or
distributioncenters set up along interstate highways to serve those
ports.
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| Firming up lobbyists | 2008-05 |
| For as long as anyone has kept track, the most influential lobbyists in
Raleigh have been colorful characters who rose to the top of their
trade on their connections and ability to schmooze prickly legislators.
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| Leaving the nest | 2008-05 |
| If you ever had cause to visit the Durham headquarters of Motricity
Inc., the software company that found itself with a pile of investor
cash last year, you surely marveled at the place.
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| Marching on | 2008-05 |
| Looking up information about Lexington’s past while fact-checking this month’s cover story, I Googled the name of my great-great-grandfather.
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| North Carolina's dry heaves | 2008-04 |
| Landscapers and lawn-care companies feel picked on these days. They
really shouldn’t. They may soon have plenty of company when it comes to
how water, or the lack thereof, affects businesses in North Carolina.
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| Minding market forces | 2008-04 |
| Perhaps you look at the embarrassing debacle in Roanoke Rapids
involving the publicly financed theater overseen by Randy Parton and
think, “Well, when you lie down with third-tier country singers, you
get up with a huge debt andpublic scorn.” I look at that same mess and
think, “Did we learn nothing from Global TransPark and the North
Carolina Information Highway?”
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| Going into labor | 2008-04 |
| My daddy was a union man, but he didn’t cut a particularly proletarian figure in the custom-tailored suit and Sinatra-style, short-brim fedora he favored upon shedding his blue twill uniform for a night on the town. Then again, the Plumbers and Pipefitters union had been part of the American Federation of Labor — “skilled craftsmen, the aristocracy of labor,” he was quick to remind us - before its merger with the Congress of Industrial Organizations in 1955.
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| More | 2008-03 |
| In a piece he recently wrote for <i>The Washington Post</i>, David Simon — the former cops reporter who is the creative force behind what many consider the best-written show on television — recalls what it was like as one of the “starry-eyed acolytes of a glorious new church, all of us secular and cynical and dedicated to the notion that though we would still be stained with ink, we were no longer quite wretches[.]”
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| Wisdom of the sage's | 2008-03 |
| It’s often hard to separate fact from lore, and sometimes not even
worth the trouble if you subscribe to that cynical wisdom among
journalists that holds, “Facts have killed many a great story.” So I
use Joseph Kennedy here only as a starting point and with no certainty
that his famous utterance about the shoeshine boy was true.
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| A moderating influence | 2008-03 |
| Every four years, North Carolina Republicans talk about ending the
Democrats’ stranglehold on political power in the state. And every four
years, Democrats usually beat them back.
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| The new order | 2008-02 |
| This, our annual Business Handbook issue, is when we take measure of
the Tar Heel economy, sizing up where it has been, trying to figure out
where it’s going. As such, it’s a magazine full of charts, graphs,
lists and rankings. To produce them, our editors must find, collect and
analyze reams of data. But numbers, if not put into proper context, are
no more than cryptic ciphers. That’s why we try to illuminate them
through the perspective of people and places. We turn them into stories.
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| In with the new | 2008-01 |
| This is being written five days short of the winter solstice with New
Year’s Eve only a fortnight hence. With both the season and calendar
turning, it would seem an appropriate occasion to discuss some events
both past and, shall we say, prescient. In looking ahead, I’m confining
myself to that which I have foreknowledge, even though I’m well aware
that opining on things one knows nothing about is one of the most
cherished traditions of the journalist’s craft.
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| When know means no | 2008-01 |
| I recently visited a house for sale that was open on a Sunday afternoon
for any prospective buyer to inspect. As I wandered through the main
bedroom, I noticed a small, decorative pillow propped against the
headboard of what was clearly the marital bed. Embroidered upon it were
these words: “Not Tonight.”
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| So far, no ticket to paradise | 2008-01 |
| Own a restaurant? How about a bowling alley or gift shop? Tom Shaheen
may be giving you a shout. Shaheen is the executive director of the
North Carolina Education lottery, and as part of a push to boost
sluggish ticket sales, he’s trying to expand retail sales to some
nontraditional outlets.
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| Old & in the sway | 2008-01 |
| Even in the South, where the mythological is never very far from the
real, the memory of the feudal county boss is but a scant echo of an
earlier time. Ours is a modern society now, with all the trappings of
democracy, economic equality and self-determination. We are the lords
of our own lives, in a way that our forebears never were. What to make,
then, of the influence and power two elderly men have wielded over a
single suburban county in North Carolina?
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| Guts | 2007-12 |
| Turner Johnson is the bravest, toughest kid I know. The son of our
design/production director, he was born 12 years ago this month with a
benign tumor that tethered his spinal cord to the base of his backbone.
When he was 3 months old, surgeons cut it loose but couldn’t remove the
growth, a glob of fatty tissue entwining itself around major nerves.
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| Burning down the house | 2007-12 |
| Legislators returned to Raleigh talking tough. Democratic leaders fumed
about Gov. Mike Easley's veto of incentives for Goodyear Tire and
Rubber Co., vowing an override. Some Republicans, suddenly finding the
slippery slope of incentives to their dislike, spoke of gathering
enough votes to sustain the veto. But as often happens in the state
capital, bluster turned into murmur.
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| Figure for | 2007-12 |
Timing is everything when you’re buying and selling stocks. And autumn
2006, it turns out, was a bad time to fall in love with financial
companies — at least it was for those who participate in Business North
Carolina’s annual stock-picking contest. A subsequent slump in the
housing market and concerns about loan losses, among other things,
punished financial stocks this summer and into the fall.
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| Is this any way to run a railroad? | 2007-12 |
You can't live through an election season without hearing a candidate or two prattling on about how they intend to take on the "special interests" and return the government to the people. What about when the politicians and the government are the special interest?
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| Culture shock | 2007-11 |
| I couldn’t tell you the name of the road, but you can buy just about
anything there — bootleg DVDs, marigold garlands, time with a
prostitute, milk freshly squeezed from the teat of a buffalo.
Navigating it demands vigilance, patience and courage.
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| Raising taxes has a sobering effect | 2007-11 |
| Philip J. Cook, professor of public policy and economics at Duke
University, argues that higher alcohol excise taxes are effective and
underused tools that can cut abuse while permitting moderate alcohol
consumption. His new book, Paying the Tab: The Costs and Benefits of Alcohol Control, was published in August.
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| Aggressive target marketing | 2007-11 |
| Business leaders have long sought to learn lessons from war. In the
'80s, for instance, the parallels between commerce and conflict were
nakedly obvious, as corporate raiders - an untold number of whom had
copies of Sun Tzu's The Art of War somewhere in their offices - launched hostile takeovers that were as ruthlessly executed as Sherman's march through the South.
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| Incentives might pay off for GOP | 2007-11 |
| Legislators returned to Raleigh talking tough. Democratic leaders fumed
about Gov. Mike Easley's veto of incentives for Goodyear Tire and
Rubber Co., vowing an override. Some Republicans, suddenly finding the
slippery slope of incentives to their dislike, spoke of gathering
enough votes to sustain the veto. But as often happens in the state
capital, bluster turned into murmur.
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| Matter of opinion | 2007-10 |
| As business editor of The News & Observer, Dan Gearino wrote
a weekly column, but one annoyed the executive editor so much that he
pulled the plug. “I’ll stipulate the charge: My columns were notably
short on reverence,” concedes Dan, who channeled some of the creative
energy that went into writing the column to his first novel — What the Deaf-Mute Heard
— which Simon & Schuster published. It would win the state’s top
fiction prize and be turned into the highest-rated TV movie of the
decade.
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| Dodging the overdraft | 2007-10 |
| Within an eight-day stretch earlier this summer, two news reports
appeared in my local paper that, when taken together, perfectly
illustrated why the banking industry’s relationship with its
ordinary-Joe customers is like that of a dysfunctional couple who swing
wildly between love and strife.
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| Legislative trash talking | 2007-10 |
| n 1978, the U.S. Supreme Court ruled that moving garbage constitutes
commerce. As a result, New Jersey couldn't prohibit Philadelphia from
trucking trash across the Delaware River into the Garden State. Nearly
three decades later, North Carolina’s political leaders decided that
they didn’t want this state to become New Jersey’s, or any other
state’s, dumping ground.
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| Twice-told tale | 2007-09 |
| Maury Faggart drove some 1,300 miles, from Charlotte to Carteret
County’s Down East extremity, then up and down the length of the Outer
Banks twice, to take the photos that accompany this month’s cover
story. Part of his trek was retracing Ed Martin’s trail reporting the
piece, but when conditions weren’t right or the people Ed had talked to
weren’t available, Maury had to double back to be there when they were.
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| Prize catches | 2007-08 |
| How do you manage to do an award-winning personality profile of someone
who, his friends as well as foes admit, doesn’t have a whole lot of
personality? Especially when the subject of said piece won’t give you
but a half-hour of his time and doesn’t deign to do that until you’ve
finished the feature, months in the making, which you then have to
rewrite, dashing out a couple thousand words in an afternoon, on
deadline.
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| The whelp of nations | 2007-07 |
| As Stalin’s first Five-Year Plan and Mao’s Great Leap Forward both
show, efforts by the state to manipulate economic activity can trigger
tragedy. But blood also stains Adam Smith’s “invisible hand.”
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| It was 20 years ago today | 2005-12 |
| As my son, the publisher, wrote in this space last month, Business North Carolina
has embarked upon its 25th year and will celebrate its silver
anniversary next October. This December marks another milestone, for me
at least: 20 years I’ve been working here.
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| Silver threads | 2005-11 |
| If you’re a small business, it’s good to be busy, but it’s also
stressful when you’ve got a lot to do with what little you have. That’s
the way it has been around here lately, putting out this magazine each
month plus a host of special publications, some our own and some for
various businesses and organizations. With our team working on up to
seven projects in various stages, things have been a little hectic.
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| Another view | 2005-07 |
| The letter was anonymous, the writer identifying himself only as “A
Southern Prep School Grad.” It was in reference to last month’s cover
story on Woodberry Forest School.
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| High-school confidential | 2005-06 |
| Lots of people hang their college degrees on the walls of their offices. The publisher of The Pilot,
the Southern Pines newspaper, also displays his high-school diploma. He
wonders why I would think that odd. “It was a huge accomplishment,
getting through four years there, rigorous as it was,” David Woronoff
says.
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| After the fall | 2005-05 |
| She fell outside her doctor’s office after her checkup, losing her
balance when she stepped off the pavement onto the grass. There’s
nothing unusual about an 84-year-old woman falling. And if it had to
happen, it’s hard to imagine a better place — other than an emergency
room — for it to occur.
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| Pro-choice | 2005-04 |
| I had considered writing about the time I saved Hunter S. Thompson from
getting busted when the father of gonzo journal-ism whipped out a joint
in a bar frequented by off-duty Miami vice cops. But the prospect of
doing two columns in a row on dead men so depresses me that, rather
than ponder the mysteries of life or lack thereof, I’ll try to tackle a
thornier question: What is it that women really want?
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| He wore it well | 2005-03 |
| Frank Jr. called to tell me Derick had died. He thought I’d want to know. The obituary that ran in The Miami Herald
the next day began: “Derick Daniels, a distinguished newspaper editor
and executive whose penchant for fine living and even finer women boded
him well as president of Playboy Enterprises during the late 1970s ...
” Lung cancer. He was 76.
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| Looking back to see ahead | 2005-02 |
| Twenty years ago, Business North Carolina published its first Economic Almanac, an issue of the magazine devoted to examining changes that affected the state economy during the past year while trying to forecast those it would face in the future. Over the years, we accomplished that by breaking the state apart and examining the pieces.
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