Business

Some BofA customers double-billed using Apple Pay

October 23, 2014

(The Charlotte Observer)

Some Bank of America customers were double-billed for purchases made using the new Apple Pay mobile-payment system. A company spokeswoman say the bank is correcting the problem, which affected about 1,000 transactions, and customers who were double-charged will be refunded.

Imperial confirms new company formed in tobacco merger will be based in Greensboro

October 23, 2014

(News & Record, Greensboro)

The new company formed after Imperial Tobacco Group acquires several cigarette brands from Lorillard and Reynolds American as part of the companies' merger deal will be headquartered in Greensboro, the British company confirmed Tuesday.

SAS's Goodnight foresees continued growth in Cary

October 22, 2014

(The News & Observer, Raleigh)

SAS co-founder and CEO Jim Goodnight says he expects the company to add about 600 workers at its Triangle headquarters over the next three years. The business-analytics software company has added nearly 200 workers a year for the past five years. SAS unveiled a new 220,000-square-foot building on its Cary campus Tuesday morning.

Court of Appeals rules in favor of FirstHealth in fight over beds

October 22, 2014

(The Fayetteville Observer)

A three-judge panel of the N.C. Court of Appeals affirmed a lower-court ruling that will add 28 hospital beds at FirstHealth of the Carolinas' new Hoke County campus instead of at competitor Cape Fear Valley Health System's hospital in Fayetteville.

Bluegrass festival sets attendance record in Raleigh

October 22, 2014

(The News & Observer, Raleigh)

More than 180,000 people attended this month's World of Bluegrass festival in downtown Raleigh, making it the largest event downtown Raleigh has ever hosted. The local convention and visitors bureau estimates $10.8 million in direct visitor spending.

Duke Energy launches aid program for low-income customers

October 22, 2014

(The Charlotte Observer)

Duke Energy will provide $20 million for energy-efficiency upgrades for low-income customers. The Charlotte-based company agreed to establish the program as part of a rate-case settlement last year. As many as 4,000 homes could qualify for improvements including appliance replacements and heating- and cooling-system replacements worth up to $10,000.
Related: Duke won't overcharge customers for taxes it doesn't pay

Clodfelter: Charlotte needs to work on 'cool factor'

October 22, 2014

(The Charlotte Observer) 

Charlotte's local economy has diversified and has become less dependent on the banking industry in recent years, Mayor Dan Clodfelter said at a business-networking event Tuesday. Clodfelter also told the Business Leaders of Charlotte the city needs to work on its "cool factor" to attract more young people.  

UNCG chancellor announces retirement

October 22, 2014

(News & Record, Greensboro)

UNC Greensboro Chancellor Linda Brady will retire July 31, 2015. She plans to take a sabbatical and then return as a faculty member in 2016.

Johnson & Wales president takes job at Novant Health

October 22, 2014

(The Charlotte Observer)

Art Gallagher will become vice president of Novant Health Foundation Presbyterian Medical Center and Novant Health community engagement next month. Gallagher has been president of Johnson & Wales University in Charlotte since 2003.

Cree to launch cheaper LED lightbulb

October 22, 2014

(The News & Observer, Raleigh)

Durham-based Cree plans to unveil a new LED light bulb that will be cheaper and will look more like a traditional light bulb. Cree's current generation of LED bulbs are sold exclusively at Home Depot stores.