Business
State's growth improves but still lags nation
April 24, 2013
(The News & Observer, Raleigh)
North Carolina's revenue and tax collections are steadily increasing this year, but the numbers -- particularly lower sales-tax collections than predicted -- show how the economic recovery is still tenuous. The state still lags the the nation in growth though.
Bill sparks uncertainty among state filmmakers
April 24, 2013
(StarNews, Wilmington)
A bill that would gut the state's film industry by eliminating incentives and replacing them with a different credit has already sparked fears among filmmakers in North Carolina, potentially costing the state business, industry leaders say.
Charlotte Bobcats fire coach after just one year
April 24, 2013
(The Charlotte Observer)
The Charlotte Bobcats fired coach Mike Dunlap after just one season at the helm of the struggling NBA team despite the fact that he tripled the team's wins from last season.
Split mineral rights confuse in Lee County
April 24, 2013
(The Fayetteville Observer)
Many homeowners in Lee County are dealing with split mineral rights -- where different people own the rights above and below the land -- and the effects it could have if hydraulic fracturing becomes a reality there.
Linwood Furniture liquidation moving forward
April 24, 2013
(Winston-Salem Journal)
Linwood Furniture's liquidation will go forward at the end of the month with an auction to sell its inventory and machinery.
Charlotte mayor removes airport advisory chairman
April 24, 2013
(The Charlotte Observer)
Charlotte Mayor Anthony Foxx removed controversial airport advisory committee chairman Shawn Dorsch from his post Tuesday, a day after city council members grilled him for his role in supporting that Charlotte's airport be taken from city control and an independent authority established.
Cree revenue helped by consumer-targeted light bulbs
April 24, 2013
(The Herald-Sun, Durham)
Durham-based Cree's third-quarter revenue jumped 23% as it was helped by the introduction of its consumer-targeted LED light bulb.
Reynolds American first-quarter income rises
April 24, 2013
(Winston-Salem Journal)
Winston-Salem-based Reynolds American posted a 9.3% increase in first-quarter profit as it gained market share and cut expenses.
Burlington developer plans Greensboro apartments
April 24, 2013
(News & Record, Greensboro)
Burlington developer Tom Holderby has proposed a 360-unit apartment complex for south Greensboro. He has already built about 900 apartments between the Triad and South Carolina.
Chiquita names new CFO
April 24, 2013
(The Charlotte Observer)
Charlotte-based banana giant Chiquita Brands International named Rick Frier chief financial officer. He has 30 years of experience helping manage finances for other companies.
