Business

CLT hopes to open new parking deck before Thanksgiving

November 7, 2014

(The Charlotte Observer)

The new $120 million, seven-story parking deck at Charlotte Douglas International Airport is expected to open before Thanksgiving, typically the busiest week of the year according to interim aviation director Brent Cagle. The new hourly parking deck will add 4,000 public parking spaces and 3,000 spaces for rental cars.

NC officials host private meeting on offshore drilling

November 7, 2014

(The Daily Reflector, Greenville)

Federal regulators met Thursday in Raleigh with officials from North Carolina, South Carolina and Virginia in a closed-door meeting to discuss plans for offshore drilling. Representatives from private groups funded by oil and gas companies were in attendance, while environmental advocates were denied admission and reporters were only allowed in for Gov. Pat McCrory's closing remarks.

Krispy Kreme plans 20 shops in Bangladesh

November 7, 2014

(Winston-Salem Journal)

Winston-Salem-based Krispy Kreme Doughnuts continues its global expansion with a franchise agreement to open 20 shops in Bangladesh over five years.

BofA takes $400 million legal charge

November 7, 2014

(The Charlotte Observer)

Bank of America announced it took a $400 million charge in the third quarter to cover legal costs related to a federal investigation of its foreign-exchange business.

Lenovo reports disappointing 2Q revenue as China market cools

November 7, 2014

(The News & Observer, Raleigh)

Net income for China-based Lenovo rose 19% to $262 million in the second quarter, beating analysts' projections, but overall revenue fell short of expectations. Slow sales growth in China led to a 2% decline in that market. The world's No. 1 PC maker, which has its North American headquarters in Morrisville, this week launched a marketing campaign for its Yoga laptop in an effort to increase holiday sales.

Solar projects help make NC No. 5 in clean-energy ranking

November 7, 2014

(Asheville Citizen-Times)

North Carolina ranked fifth –up from the No. 10 spot in 2013 – in the nation in clean-energy job announcements, according to a report from Environmental Entrepreneurs, a Washington, D.C.-based nonprofit organization. 

New Hanover Regional names new information officer

November 7, 2014

(StarNews, Wilmington)

New Hanover Regional Medical Center named Joe Norris vice president of information services. Norris, who was the Wilmington-based hospital system's chief technology officer for three years, was selected following a national search.

Excitement builds over Reynolds Building makeover

November 7, 2014

(Winston-Salem Journal)

The Downtown Winston-Salem Partnership held its annual meeting at the 22-story former R.J. Reynolds headquarters building, which is being converted to a mixed-use development that will include a boutique hotel, restaurant and apartments ("Tower of Power," August). The project is scheduled for completion in fall 2015.

Duke Energy: Coal-ash cleanup could cost $3.4 billion

November 6, 2014

(News & Record, Greensboro)

Duke Energy says it could cost $3.4 billion to comply with the the state's new coal-ash law, which requires all 32 ash ponds at 14 active and retired power plants be closed by 2029. The Charlotte-based utility had previously said it could cost up to $10 billion to close the ponds.

Mining commission to discuss proposed changes to fracking rules

November 6, 2014

(The News & Observer, Raleigh)

The N.C. Mining and Energy Commission will meet Thursday and Friday to consider revising some of its rules for hydraulic fracturing. After receiving more than 200,000 public comments on safety standards for the practice, the agency will consider some changes, including increasing the minimum distance required between drilling and drinking-water sources.