Business

Site of proposed Tiger Woods golf course listed at $24M

March 25, 2016

(Asheville Citizen-Times)

A 795-acre parcel of land about 25 minutes from downtown Asheville is for sale. Asking price: nearly $24 million. The land is part of the Cliffs at High Carolina, a development announced in 2007 that was to include about 1,000 upscale homes and the first U.S. golf course designed by Tiger Woods ("Life after Tiger," April 2014).

Big Tobacco's ties to the NFL concussion crisis?

March 25, 2016

(The New York Times)

Records show a long, peculiar relationship between the NFL and Big Tobacco in which they shared lobbyists, lawyers and consultants. While there's no direct evidence that the NFL adopted the same strategies tobacco companies used to downplay the dangers of cigarettes, some retired players have compared the way the league has handled the concussion crisis to the tobacco industry.

Hayes to retire from Research Triangle Partnership

March 25, 2016

(WRAL TechWire)

CEO Charles Hayes will retire from the Research Triangle Regional Partnership after 20 years at the helm of the economic-development group. Raleigh real-estate developer John Kane will take over as board chair when Hayes retires, on June 30.

Duke Energy CEO earns 30% more in 2015

March 25, 2016

(The Charlotte Observer)

Lynn Good's total compensation jumped 30% last year to $10.8 million, compared with $8.3 million in 2014. The Charlotte-based utility earned $2.8 billion in 2015 and reported revenue of $23.5 billion.

Yarn-maker closing China Grove plant

March 25, 2016

(Winston-Salem Journal)

Tuscarora Yarns will close its plant in China Grove by May 9, according to a filing with the N.C. Commerce Department. The plant's 123 workers can apply for jobs at the company's other two plants.

Johnston County reverses stance, now supports CSX

March 24, 2016

(WRAL.com)

After a closed-door meeting Wednesday, Johnston County commissioners said they now support CSX's plan to build a $272 million cargo terminal there, though Chairman Tony Braswell said there has been no recent communication with the Jacksonville, Fla.-based company.

Study: Charlotte lags in R&D and innovation

March 24, 2016

(The Charlotte Observer)

Charlotte has done a good job of integrating its economy in global markets, with 14% of its gross domestic product made up of exports in 2014. But lack of a great research university, patents and research and development keep it far behind other cities in a report by the Brookings Institution.

Charlotte, Triangle lead state in population growth

March 24, 2016

(The News & Observer, Raleigh)

New numbers released by the U.S. Census Bureau show that metro areas in the Triangle and Charlotte accounted for more than two-thirds of the state's population growth in the year that ended July 1. On the flip side, 48 mostly rural counties saw their populations shrink.

Kinston hospital to partner with UNC Health Care

March 24, 2016

(Winston-Salem Journal)

The board of directors of Lenoir Memorial Hospital voted to pusue a management-services agreement with UNC Health Care. The Kinston hospital ended a similar agreement with Novant Health in late October. If an agreement is reached, it would be the 10th hospital that UNC Health Care owns or manages.

Raleigh's Three Ships spins off SEO business

March 24, 2016

(The News & Observer, Raleigh)

Raleigh digital marketing agency Three Ships has been rebranded as CRISP, and the company spun off its search engine optimization business into a new company called Demand Signals. Each company has about 35 employees.