Business

NC exports increased 7% in 2014

February 10, 2015

(Winston-Salem Journal)

North Carolina exported a record $31 billion in goods in 2014, according to data released by the U.S. Commerce Department. That's a 7% increase from 2013. The state's most significant exports were chemicals, machinery, transportation equipment, computer and electrical products and textiles.

NCDOT says Charlotte can decide on I-485 carpool lane

February 10, 2015

(The Charlotte Observer)

The N.C. Department of Transportation told Charlotte officials the state can open an unused lane of I-485 as a carpool lane if a regional transportation planning group requests it. The unused lane on Charlotte's outer belt is being reserved to create a toll lane, which won't open until 2019 or 2020.

UNC Hospitals denies claims it overbilled Medicare

February 10, 2015

(The News & Observer, Raleigh)

UNC Hospitals will appeal an audit report that shows it overbilled Medicare by about $2.5 million. The federal insurance program is demanding repayment from the health system, but UNC says that 56 of 59 total claims in question were billed correctly.

CLT will become overcrowded without expansion

February 10, 2015

(The Charlotte Observer)

Officials say Charlotte Douglas International Airport is near capacity and passengers will experience delays and congestion if city leaders don't approve a 20-year expansion plan. The airport predicts the number of passengers will grow at a rate that will make it comparable with Atlanta and Chicago O'Hare. Plans call for dozens of additional gates and construction of a fourth parallel runway.

Atlanta's view of Charlotte

February 10, 2015

(The Charlotte Observer)

Charlotte's job growth over the past five years has been twice as fast as Atlanta's, according to a report in Monday's Atlanta Journal-Constitution. The report, which examines Atlanta's economy by taking a look at southern competitors Charlotte and Dallas, applauds Charlotte's investment in redeveloping its center city, which has more than tripled its uptown population.

Cree named among most innovative companies

February 10, 2015

(The News & Observer, Raleigh)

Fast Company magazine ranked Durham-based Cree No. 19 on its list of the 50 most innovative companies in the world. The LED lightbulb manufacturer was the No. 1 company in the energy category. 

ZeekRewards receiver issues second round of claim checks

February 10, 2015

(Winston-Salem Journal)

The receiver in the ZeekRewards.com case mailed out $12.7 million in reimbursement checks to 8,143 claimants on Jan. 31. Kenneth Bell mailed 90,297 checks totaling $134.3 million in September in the first round of distribution checks. Bell says another 75,000 claimants haven't yet completed the required steps to receive a check.

Transylvania Regional moves birthing services to Mission Hospital

February 10, 2015

(Hendersonville Times-News)

Transylvania Regional Hospital will move its birth-center services to Mission Hospital in Asheville beginning March 5. Dr. Jamie Ramsey, one of two OB-GYNs at the Brevard hospital, said the decision was made to provide a safer birthing process, particularly for high-risk pregnancies and babies that need more specialized neonatology care.

 

Groups call for assessment of Chatham Park's impact

February 10, 2015

(The Herald Sun, Durham)

Five groups want the U.S. Army Corps of Engineers to release an economic-impact statement for Jordan Dam and Lake and the Chatham watersheds before granting Chatham Park permits to begin development. 

Charlotte apartment boom could mean higher vacancy rates

February 9, 2015

(The Charlotte Observer)

Charlotte has more than 10,000 apartment units under construction, but some local real-estate executives say higher vacancy rates are on the horizon. That could mean rental rates will level off as competition increases.