Business
Winston-Salem credit union's leadership to change
April 22, 2013
(Winston-Salem Journal)
Ike Keener, the longtime CEO of Allegacy Federal Credit Union in Winston-Salem, will retire at the end of the month, and Cathy Pace, president of its credit union division, will take over.
Rumors swirl about Publix in Gastonia
April 22, 2013
(The Gaston Gazette)
Rumors are circulating in Gastonia that Florida-based grocer Publix may enter the market as it looks to expand its presence in the Charlotte region.
McCrory unveils new model for transportation funding
April 19, 2013
(Associated Press)
Gov. Pat McCrory unveiled a proposal that would divert 80% of state transportation money to projects that can prove their economic importance. The rest would be split evenly between North Carolina's 14 transportation districts.
Bill could decimate North Carolina's film industry
April 19, 2013
(StarNews, Wilmington)
A bill supported in part by two coastal lawmakers would rescind the state's tax incentives for the film industry and replace it with a credit that industry leaders say few film projects would be able to take advantage of. The result would likely mean a steep decline for the industry in Wilmington.
Charlotte, Carolina Panthers reach scaled-back stadium deal
April 19, 2013
(The Charlotte Observer)
Charlotte officials and the Carolina Panthers have reached an agreement that the city will provide $87.5 million for renovations to Bank of America Stadium and the NFL team won't relocate for at least six years. That's less than the $125 million the city originally planned to contribute.
Appalachian State chancellor to step down
April 19, 2013
(The Watauga Democrat)
Appalachian State University Chancellor Ken Peacock will step down from his post as soon as his successor is found. He has led the Boone school for nine years.
Time names Duke oncologist one of 'most influential'
April 19, 2013
(The News & Observer, Raleigh)
Time magazine named Duke University oncologist Kimberly Blackwellas one of the world's 100 most influential people. Blackwell has researched treatments for breast cancer.
Laurinburg rebuffs solar-farm project
April 19, 2013
(The Fayetteville Observer)
Laurinburg City Council members voted against a solar-farm development near U.S. 501 that was led by Chapel Hill-based Strata Solar. Robeson County commissioners denied a similar petition earlier this month.
Targacept wants changes to executive-compensation plan
April 19, 2013
(Winston-Salem Journal)
Winston-Salem-based drug developer Targacept wants to change its executive-compensation program to alter its pricing policy for stock options. The company has struggled because of poor clinical-trial results for its leading prospects.
BB&T's first-quarter profit drops
April 19, 2013
(The Charlotte Observer)
Winston-Salem-based BB&T's first-quarter earnings fell nearly 35% to $210 million as it took a charge related to a tax dispute with the IRS.
