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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.  
 
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.  
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
Game Boy 2010-06

In April, an organization called the Triangle Gaming Initiative held its second annual conference in Raleigh.

 
 
State tries to tame Amazon 2010-06

Last year, The Motley Fool investor website posted a piece entitled “Why Does North Carolina Hate Amazon?”

 
 
What was it Deep Throat said? 2010-06

The awarding of Pulitzer Prizes tends to be, by design, a low-key affair.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
More than just a bubble burst 2010-03

Ponder this: Mike Easley might be a victim of the housing bubble.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
Out in the Country 2010-02

Eastern North Carolina has long been a political colossus and an economic runt.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
Readers Write Nov_09 2009-11

Without a doubt Charlotte-Mecklenburg elected leaders, past and present, contributed to the demise of Eastland Mall.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
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

 
 
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.

 
 
Politicians’ nicotine fix 2009-08

I’m not a smoker, but it wasn’t for lack of trying.

 
 
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.

 
 
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.”

 
 
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.”

 
 
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).

 
 
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.

 
 
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.

 
 
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.

 
 
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.

 
 
Mr. Martin’s wild ride 2009-05
This recession business might not be so bad after all. At least, not for guys like me.  
 
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.  
 
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.  
 
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.  
 
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.  
 
Serial filler 2009-04
For most mass media, less is more.  
 
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.  
 
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.
 
 
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.  
 
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.  
 
‘“ 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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.
 
 
‘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.
 
 
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.  
 
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.  
 
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.  
 
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?  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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?  
 
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.  
 
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.  
 
Readers Write Sept 08 2008-09
On balance, the public faults newspapers' views.  
 
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.  
 
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.  
 
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.  
 
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.”  
 
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.  
 
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.  
 
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.”  
 
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.  
 
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?  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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?”  
 
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.  
 
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[.]”  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.”  
 
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.  
 
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?  
 
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.  
 
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.  
 
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.
 
 
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?
 
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.”  
 
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.  
 
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.  
 
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.  
 
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.  
 
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.  
 
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?  
 
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.  
 
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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