Business

For Family Dollar, the drama is done

July 29, 2014

(The Charlotte Observer)

The sale of Family Dollar Stores to Dollar Tree for more than $8 billion ends four years of activist-investor-led drama for the Matthews-based discount retailer.

Drug disappointment forces Targacept to branch out

July 29, 2014

(Winston-Salem Journal)

Targacept's latest clinical-trial disappointment will force the Winston-Salem-based drug developer to attract partnerships or take ownership stakes in areas outside its traditional research.

A privilege not to pay the privilege tax

July 29, 2014

(Wilmington StarNews)

A new law bans North Carolina municipalities from charging businesses a privilege tax beginning in 2015.

HondaJet makes its debut

July 29, 2014

(The News & Record, Greensboro)

Honda Aircraft Co., which is based at Piedmont Triad International Airport, debuted its HondaJet at the Experimental Aircraft Association's AirVenture show in Wisconsin.

Belhaven mayor walks the walk for health care

July 29, 2014

(News & Observer, Raleigh)

The mayor of Belhaven in rural Hyde County recently walked to Washington, D.C., to raise awareness for the closing of the town's only hospital.

Dollar Tree to acquire Family Dollar for $8.5 billion

July 28, 2014

(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

July 28, 2014

(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

July 28, 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

July 28, 2014

(Asheville Citizen-Times)

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

ZeekRewards receiver goes after winners

July 28, 2014

(Winston-Salem Journal)

The receiver of ZeekRewards.com is requesting that four people who made money from the Lexington-based Ponzi scheme be forced to repay their profits.