Business

Duke Energy Progress wants to charge households more, businesses less for renewables

June 25, 2014

(The News & Observer, Raleigh)

Raleigh-based Duke Energy Progress wants to increase household fees for renewable energy, which is generated mostly from solar farms, while lowering the costs for businesses and industrial customers. If the proposal is approved by the N.C. Utilities Commission, the new charges would go in effect in December. 

Carbone named president of Wake Forest Baptist

June 25, 2014

(Winston-Salem Journal)

Karen Barbara "Bobbi" Carbone was named president of Wake Forest Baptist Health, the Winston-Salem-based health system announced Tuesday. Carbone joined the system in March as executive vice president and chief operating officer. She replaces Thomas Sibert, who previously announced plans to retire on Aug. 31. 

Raleigh's First Citizens reveals new executive team

June 24, 2014

(The News & Observer, Raleigh)

First Citizens Bank announced a new executive team that will assume leadership once the bank completes its purchase of S.C.-based First Citizens Bank & Trust. As previously announced, Frank Holding Jr. will be chairman and CEO. Peter Bristow, current chief operating officer of the S.C. bank and Holding's brother-in-law, will be president.

Efforts continue to unionize Mountaire Farms plant in Lumber Bridge

June 25, 2014

(The Fayetteville Observer)

A local chapter of United Food and Commercial Workers union is continuing its efforts to unionize the Mountaire Farms poultry plant in Robeson County. About 700 of the plants 2,000 workers have signed cards in support of a union, which they say could lead to improved safety conditions and equipment at the plant. 

Lenovo seeking patent for device similar to Google Glass

June 25, 2014

(WRAL TechWire)

Lenovo filed a patent application last December for a device that appears similar to Google Glass. The patent application, published by the U.S. Patent and Trademark Office, includes diagrams of a hands-free device that turns vibrations into sounds and features visual applications.

SkyHouse developer plans second apartment tower in Charlotte

June 25, 2014

(The Charlotte Observer)

Developers of the 24-story SkyHouse apartment tower in uptown Charlotte are planning a second tower on the lot next to it. A spokesman from Atlanta-based Novare Group says the developer has the land under contract. The project is still in the early stages of planning.

Construction to begin on 402-unit Wilmington apartment complex

June 25, 2014

(Greater Wilmington Business Journal)

Charleston, S.C.-based Kassinger Development Group will begin construction of a 402-unit apartment complex in Wilmington on a property owned by Cameron Management. Gallery Park Apartments is the first phase of a 300-acre planned development that will include office and multi-family housing.

Not all 600 Advance Auto jobs are 'new'

June 24, 2014

(The News & Observer, Raleigh)

Some of the 600 "new" jobs in Raleigh announced by Roanoake, Va.-based Advance Auto Parts include existing employees of General Parts International, which was acquired by Advance in January. Other General Parts workers will lose their jobs or have the option to relocate to Roanoke as part of corporate restructuring.

Duke Energy Renewables announces Eastern NC solar project

June 24, 2014

(The Charlotte Observer)

Duke Energy Renewables will build a 52-megawatt solar project on three sites in eastern N.C. that will generate enough electricity to power the equivalent of 8,200 homes. Electricity will be sold to American University, George Washington University and GWU Hospital in Washington, D.C. The first 20-megawatt site will be built this year in Pasquotank County. 

Greensboro's Natty Greene's faces trademark battle

June 24, 2014

(News & Record, Greensboro)

Anheuser-Busch is challenging a trademark application filed by Greensboro-based Natty Greene's Brewing Co. The St. Louis-based company says it has been using the "Natty" name since 1998 in connection with its Natural Light line of beers.