Business

20 years later: BB&T-Southern National merger

July 28, 2014

(Winston-Salem Journal)

On Aug. 1, 1994, BB&T and Southern National announced a merger that would eventually make the combined bank one of the largest in the country.

The film industry spends $268 million in N.C. in 2014

July 28, 2014

(Wilmington StarNews)

The movie industry spent $268 million in the state during the first six months of the year, according to the N.C. Film Office. That exceeds 2013's total-year spending.

Construction and controversy at A-B Tech

July 28, 2014

(Asheville Citizen-Times)

The building boom on the campus of Asheville-Buncombe Technical Community College isn't without controversy, debate and power grabs.

ZeekRewards receiver goes after winners

July 28, 2014

(Winston-Salem Journal)

The receiver of ZeekRewards.com is requesting that four people who made money from the Lexington-based Ponzi scheme be forced to repay their profits.

New Charlotte mall reflects changing retail trends

July 28, 2014

(The Charlotte Observer)

Charlotte Premium Outlets, which will become the first mall to open in the Charlotte region in a decade when it debuts on Thursday, reflects retail consumers' preference for bargains.

Sales-tax holiday could make a comeback

July 28, 2014

(Winston-Salem Journal)

The N.C. Retail Merchants Association will examine the effects of not having a tax-free weekend this year. It was eliminated as part of the state legislature's tax overhaul.

Greensboro too south for Stone

July 28, 2014

(Greensboro News & Record)

Stone Brewing Co. told Greensboro officials the city was too far south for the California-based brewer's East Coast manufacturing and distribution facilities.

Lorillard investor sues to block Reynolds acquisiton

July 25, 2014

(News & Record, Greensboro)

A Lorillard investor seeking to represent all company shareholders has filed a lawsuit to stop Reynolds American's $27.4 billion acquisition of the Greensboro-based cigarette maker, according to a Bloomberg report.

Man pleads guilty in Charlotte Ponzi scheme case

July 25, 2014

(The Charlotte Observer)

Claude Darrell McDougal, 55, pleaded guilty to securities fraud and faces up to 20 years in prison and a $5 million fine. About 25 Charlotte investors lost more than $2.5 million in a Ponzi scheme McDougal ran between 2006 and 2010..

Health insurers to issue $8.5 million in refunds to NC residents

July 25, 2014

(The News & Observer, Raleigh)

More than 182,000 North Carolina residents are eligible for insurance refunds totaling $8.5 million under a provision of the Affordable Care Act. The average refund will be $77 per family.