Business
Davidson County tries again for megasite
May 21, 2013
(The Dispatch, Lexington)
Davidson County officials are trying again to develop a megasite near Interstate 85 that once was a finalist for a Toyota plant. One of the main challenges is that the 2,000 acres has several landowners.
MedWest Health may seek partner for merger
May 21, 2013
(Asheville Citizen-Times)
MedWest Health System, which consists of three rural hospitals in Western North Carolina, may begin entertaining merger offers from a larger system as it seeks to stabilize its finances.
Charlotte Bobcats expected to announce name change
May 21, 2013
(The Charlotte Observer)
The Charlotte Bobcats are expected to announce Tuesday that they will request the NBA allow it to change the franchise's name to the Hornets, the team's name before it moved to New Orleans.
Pledges for Greensboro performing arts center line up
May 21, 2013
(News & Record, Greensboro)
The Phillips Foundation promised $3.5 million toward a planned Greensboro performing arts center, less than a week after tobacco maker Lorillard announced it would pledge $1 million. The $60.5 million project needs $20 million in private donations.
Duke's rate hike will stay in place as review continues
May 21, 2013
(The Charlotte Observer)
The N.C. Utilities Commission will allow Duke Energy to keep its 2012 rate hike in place as it reviews if the increase was properly permitted. The state Supreme Court ordered the review.
Senate budget preserves High Point Market money
May 21, 2013
(News & Record, Greensboro)
The state Senate's proposed budget maintains about $1.7 million in funding for the twice yearly High Point Market furniture trade show. Gov. Pat McCrory initially proposed slashing its budget before backtracking.
Transfer of Asheville water system on hold
May 21, 2013
(Asheville Citizen-Times)
A judge extended a temporary restraining order halting the transfer of Asheville's water system to a regional authority until a permanent solution is decided.
Downtown Durham picks new leader
May 21, 2013
(The Herald-Sun, Durham)
Downtown Durham Inc. named Geoffrey Durham its new president and CEO. He replaces Bill Kalkhof, who retired last month after 20 years leading the booster group.
Large development planned for Cramerton
May 21, 2013
(The Gaston Gazette)
A mixed-use development in Cramerton that is expected to include houses, condos, apartments, office and commercial space is expected to break ground this summer after more than two years of planning. The community will center around green and sustainable living.
Swisher Hygiene faces Nasdaq delisting
May 21, 2013
(The Charlotte Observer)
Charlotte-based Swisher Hygiene is behind in filing its quarterly financial statements and is risking being delisted by the Nasdaq and Toronto Stock Exchange.
