Business

Firework sales pop — but not in North Carolina

June 30, 2014

(Citizen-Times, Asheville)

The migration of Tar Heels to surrounding states to secure fireworks around the Fourth of July holiday underscores the annual tax revenue lost by North Carolina, which has more restrictive laws.

UnitedHealth to join insurance exchange in 2015

June 30, 2014

(The Charlotte Observer)

UnitedHealthcare, the nation's largest insurer, notified the N.C. Department of Insurance that it intends to sell subsidized coverage in North Carolina under the Affordable Care Act next year. It would become the third insurer to do so.

Reynolds redo will revitalize Winston-Salem

June 30, 2014

(Winston-Salem Journal)

The decades-long effort to revitalize downtown Winston-Salem will get a shot in the arm from the proposed $60 million renovation of the iconic Reynolds building.

HondaJet takes flight

June 30, 2014

(Winston-Salem Journal)

Honda Aircraft Co. says that its light business jet, HondaJet, achieved an important milestone Friday when it took flight for the first time.

Brunswick beaches try to hold on to small-town feel

June 30, 2014

(StarNews, Wilmington)

Five Brunswick County beach towns face challenges to remain family-friendly.

 

Auto insurer moves 700 in Winston-Salem

June 30, 2014

(Winston-Salem Journal)

National General Holdings, formerly GMAC, moved 700 employees from the GMAC Insurance building to office buildings in Madison Park.

VF Corp.'s shopping lab

June 30, 2014

(News & Record, Greensboro)

VF Corp. recently opened a retail lab in Greensboro to study how shoppers select items.

Charter schools benefit founder's companies

June 30, 2014

(StarNews, Wilmington)

In 2013-14, Charter Day School Inc.'s three charter schools rented most of their material goods from for-profit companies owned by the founder.

Report shows potential impact of military realignment on Fort Bragg

June 27, 2014

(The Fayetteville Observer)

A U.S. Army report shows that Fort Bragg could lose 16,000 soldiers and civilians under a worst-case scenario due to potential cuts necessitated by a shrinking defense budget. According to the projections, the region could lose 21,563 jobs and local governments would lose an estimated $11.3 million in sales-tax receipts. About 10% of the Army is based at Fort Bragg.

Construction to begin in January on EpiCentre hotels

June 27, 2014

(The Charlotte Observer)

Construction on a 20-story hotel tower at Charlotte's EpiCentre entertainment complex will begin in January and should be completed in about 15 months. The tower, which will house two Marriott branded hotels, was announced earlier this month.