Business

Asheville restaurateurs: Lower taxes would help with wage issues

May 7, 2015

(Asheville Citizen-Times)

Asheville restaurant owners say there's no quick fix to wage disputes in the industry, particularly in a city where a rising cost of living forces many workers to live outside the city limit.

Sweepstakes software companies to cease operations in NC

May 7, 2015

(The News & Observer, Raleigh)

Five companies that provide software for video sweepstakes games agreed to stop operating in North Carolina by July 1. In exchange, prosecutors won't seek criminal charges against the companies.

Rex Hospital could have lost federal funding over incident with violent patient

May 7, 2015

(The News & Observer, Raleigh)

Rex Hospital in Raleigh came close to losing federal funding over its treatment of a violent, mentally ill patient during a 2 1/2-week period in January and February. A federal probe showed the hospital failed to provide a safe environment for the patient, who was kept in restraints for extended periods of time and was twice subdued with a Taser gun.

Animal-rights group alleges abuse at Robeson plant

May 7, 2015

(The Fayetteville Observer)

A group called Compassion Over Killing released a video Monday alleging that workers at a Mountaire Farms plant in Robeson County illegally abused chickens. The group had someone obtain a job at the plant to act as an undercover investigator.

No large protests expected for Duke Energy's annual meeting

May 7, 2015

(The Charlotte Observer)

Duke Energy shareholders will gather in downtown Charlotte Thursday for the company's annual meeting.

UNC medical school considers Wilmington branch campus

May 7, 2015

(StarNews, Wilmington)

The UNC School of Medicine is looking at opening a campus at New Hanover Regional Medical Center in Wilmington. The school has similar campuses in Asheville and Charlotte.

Charlotte office tower sells for $108M

May 6, 2015

(The Charlotte Observer)

A 20-story office tower in downtown Charlotte has sold for nearly $108 million. The 565,000-square-foot building is 83% leased, with Bank of America as its largest tenant. The buyer is a corporation affiliated with Cornerstone Real Estate Advisers.

AOL's Case say Triangle needs access to capital

May 6, 2015

(WRAL TechWire, Raleigh)

AOL co-founder Steve Case said the Triangle has plenty of talent, but entrepreneurs need access to more capital to achieve success. Case stopped in Raleigh and Durham Tuesday as part of his five-city Rise of the Rest tour, which celebrates entrepreneurs. He awarded $100,000 to Archive Social, a 3-year-old Durham-based startup, in a local pitch competition.

Raleigh Chamber names new CEO

May 6, 2015

(The News & Observer, Raleigh)

Tim Guiliani was named CEO of the Greater Raleigh Chamber of Commerce. Guiliani, 33, led since 2012 the Gainesville Area Chamber in Florida, where he helped attract nearly $400 million in capital investment. He replaces longtime CEO Harvey Schmitt, who announced his retirement in October.

Davie approves incentives for manufacturer to add 50 jobs

May 6, 2015

(Winston-Salem Journal)

Davie County commissioners approved nearly $800,000 in incentives for Avgol to expand its Mocksville manufacturing plant. The company plans to add 50 jobs to its existing 220 and will add 100,000 square feet. The Israel-based company makes nonwoven materials for baby diapers and other products.