Business

Survey says 13% of Winston-Salem companies plan to hire in second quarter

March 11, 2014

(The Winston-Salem Journal)

A new report from Manpower Inc. reveals that 13% of Winston-Salem employers plan to hire more workers during the second quarter of 2014. 

Duke Energy CEO says customers would pay for ash cleanup

March 10, 2014

(The News & Observer, Raleigh)

Duke Energy CEO Lynn Good said Friday that the utility would seek to increase customer rates to pay for the expense of cleaning up ash ponds. Early estimates show costs to move coal ash away from drinking-water sources at 14 sites in N.C. could be close to $1 billion. 

Federal bureau endorses seismic testing in the Atlantic

March 10, 2014

(StarNews, Wilmington)

The federal Bureau of Ocean Energy Management released a statement that endorses East Coast seismic testing. While the Department of the Interior has not issued a final decision on the subject, many view the endorsement as the first step toward allowing drilling for oil and gas along the coast.  

Duke Energy reports almost 100,000 still without power

March 10, 2014

(The News & Record, Greensboro)

Duke Energy reported Sunday evening that fewer than 100,000 customers statewide are without power, down from about 400,000 after last week's ice storm. Guilford County has nearly 41,000 outages, followed by Alamance County with nearly 27,000. The utility says power should be restored to most customers by Wednesday.

Charlotte may break up Eastland Mall site into sections

March 10, 2014

(The Charlotte Observer)

The city of Charlotte may commission a new study to determine the best option for the 80-acre site of the former Eastland Mall. Now that it appears the city will not move forward with a movie studio project, it may consider breaking up the site into smaller sections with multiple developers.

Heritage Home Group lays off workers at Broyhill plant in Lenior

March 10, 2014

(Lenoir News-Topic)

Though Heritage Home Group won't disclose details, a former employee at its Broyhill Furniture plant in Lenoir said about 20 employees, mostly upholsterers, were laid off due to slow business.

Fans line up to buy single-game tickets for Charlotte Knights

March 10, 2014

(The Charlotte Observer)

Single-game tickets for Charlotte Knights home games went on sale Saturday, and tickets for the season's first two home games at the new BB&T Ballpark on April 11 and April 12 sold out by the end of the day. Season-ticket packages including those same games were still available.

AIG selects uptown Charlotte site for technology center

March 10, 2014

(The Charlotte Observer)

American International Group will open its new Charlotte technology center at the BB&T Center in uptown this summer. The insurance company announced last December it would open the software-development center and create 230 jobs with an average annual salary of about $100,000.

Business students present marketing ideas for Salisbury's Cheerwine

March 10, 2014

(The Salisbury Post)

Salisbury-based Cheerwine solicited marketing ideas from its core demographic – college students – at a global marketing summit the soft-drink company sponsored at Wake Forest University's Center for Retail Innovation.

Elon University celebrates 125th anniversary

March 10, 2014

(The News & Record, Greensboro)

Elon University, the state's third largest private university with 6,300 students, is celebrating the 125th anniversary of its founding.