Business
Bill to strip Asheville of water system passes House
April 16, 2013
(Asheville Citizen-Times)
A bill that would take Asheville's water system from the city and establish a regional sewer district passed the state House on Monday and is expected to clear the Senate as well.
U.S. 441 reopens after Smokies landslide
April 16, 2013
(Associated Press)
A stretch of U.S. 441 in the Smoky Mountains that was closed for three months because of a landslide has reopened. The road is a key connector between tourists in Tennessee and North Carolina.
Pharmaceutical company buying former Broyhill headquarters
April 16, 2013
(The Charlotte Observer)
Exela Pharma Sciences will buy the former Broyhill Furniture headquarters in Lenoir, investing $8.5 million in the 140,000-square-foot building and 43-acre site and hiring 42 more workers. It will include space for labs, manufacturing and warehouses.
Babcock & Wilcox signs licensing agreement for modular reactors
April 16, 2013
(The Charlotte Observer)
Charlotte-based Babcock & Wilcox signed an agreement with the Department of Energy worth at least $150 million over five years that will help it develop and license its modular reactor technology.
Southwest starts flights from Charlotte airport
April 16, 2013
(The Charlotte Observer)
Discount carrier Southwest Airlines launched its service from Charlotte Douglas International Airport on Monday, raising hopes of lower airfares in the city. Southwest will operate six flights a day to locations such as Chicago and Baltimore.
Lowe's CEO gets 4% pay boost in 2012
April 16, 2013
(The Charlotte Observer)
Lowe's CEO Robert Niblock's pay rose 4% in 2012 to more than $12.1 million. The Mooresville home-improvement store leader saw his compensation rise in each category except stock award.
Court: Utility commission needs to reassess Duke rate hike
April 15, 2013
(The Charlotte Observer)
The N.C. Supreme Court ruled that the state utilities commission needs to take another look at its decision to allow Duke Energy to raise rates by 7% for its customers in North Carolina. The court said the commission did not properly assess the impact the increase would have on consumers.
Wilmington could land 2017 PGA tournament
April 15, 2013
(Winston-Salem Journal)
Wilmington's Eagle Point Golf Club might land the PGA's 2017 Wells Fargo Championship tournament because its current host, Quail Hollow Club in Charlotte, is hosting the U.S. Open that year.
Developer aims for reinvention in downtown Greenville
April 15, 2013
(The Daily Reflector, Greenville)
A Raleigh developer wants to transform several properties in downtown Greenville into mixed-use retail and office space.
Growth creates conflict in Harrisburg
April 15, 2013
(The Independent Tribune, Concord)
A proposed 322-home subdivision in Harrisburg, a fast-growing suburb northeast of Charlotte, illustrates the conflict between more rural parts of the town and increasing urban interests.
