Business
Senate unveils proposal to lower corporate income taxes
April 10, 2013
(The News & Observer, Raleigh)
A proposal in the N.C. Senate would lower the state's corporate tax rate from 6.9% to 6% gradually through 2016 and eventually impose the tax only on a company's sales in North Carolina -- and not its business’s property and payroll in the state.
Counties near Charlotte support independent airport authority
April 10, 2013
(The Charlotte Observer)
Commissioners in Union, Iredell, Gaston and Lincoln counties have passed resolutions supporting a state bill that would take Charlotte Douglas International Airport from city control and establish an independent authority. Each county would get a member on the 13-member regional authority board.
Triangle IPOs heat up
April 10, 2013
(The News & Observer, Raleigh)
Cary-based Ply Gem's filing last week of its intent to go public marks the fourth Triangle company interested in a public offering this year. Ply Gem makes vinyl siding and other items for home exteriors.
Ashley Furniture expansion ready to start
April 10, 2013
(Winston-Salem Journal)
A temporary permit issued by the Army Corps of Engineers means Ashley Furniture Industries can go ahead with plans for a Davie County distribution plant. The project was delayed for months because of discovery of wetlands on the property and has cost the company planned revenue.
Special tax district for downtown Asheville may be shelved
April 10, 2013
(Asheville Citizen-Times)
A $6 million budget shortfall in Asheville may mean business leaders nix an idea to create a special-tax district downtown that would raise taxes 7 cents per $100 of property value for purposes such as graffiti cleanup and security.
Study: Novant Health has $1.4B economic impact
April 10, 2013
(Winston-Salem Journal)
Winston-Salem-based Novant Health had a $1.4 billion economic impact on the Triad and a $3.2 billion impact on the state, according to a study by the health-care provider.
MetLife chooses south Charlotte corporate park for 1,300 jobs
April 10, 2013
(The Charlotte Observer)
Insurance giant MetLife will move into two buildings in Ballantyne Corporate Park in south Charlotte, bringing more than 1,300 jobs.The city will be a hub for MetLife's retail business.
Home prices fall in Rowan County
April 10, 2013
(The Salisbury Post)
Home sales in Rowan County picked up slightly during the first three months of the year, but the average selling price fell from $144,483 to $118,749 compared to the year before.
Amtrak's Piedmont ridership rises
April 10, 2013
(News & Record, Greensboro)
Amtrak's ridership rose 8.6% in the Piedmont during the first six months of the fiscal year that ended in March.
Charlotte home sales rise 25% in March
April 10, 2013
(The Charlotte Observer)
Sales of existing homes in Charlotte rose about 25% in March compared to the year before, while home prices rose more than 10%.
