Business
FNB United completes Bank of Granite merger
June 11, 2013
(Winston-Salem Journal)
FNB United has completed its merger with Bank of Granite into its CommunityOne Bank, a move that led to it also announcing that is is no longer under a federal consent order and is now considered "well capitalized."
BioDelivery Sciences seeks approval for another drug
June 11, 2013
(The News & Observer, Raleigh)
Raleigh-based drug developer BioDelivery Sciences International said it plans to apply this summer for federal approval of its drug that treats opioid dependence.
Charlotte congressman looks to roll back part of financial reform
June 11, 2013
(The Charlotte Observer)
Freshman U.S. Rep. Robert Pittenger, a Charlotte Republican, plans to file a bill this week that would repeal a provision of the Dodd-Frank financial reform law that requires banks to collect demographic data about applicants for small-business loans.
N.C. CEOs earned less in 2012
June 10, 2013
(The Charlotte Observer)
The median pay of CEOs at public companies based in North Carolina fell 8.6% to $3.6 million last year as businesses favored awarding the leaders more with long-term compensation such as stock options tied to performance.
Prospects dim for High Carolina golf development
June 10, 2013
(Asheville Citizen-Times)
The proposed 3,000-acre High Carolina golf development near Asheville -- once slated to have the first American course designed by Tiger Woods -- is unlikely to be built, according to investors who bought the land out of bankruptcy last year.
N.C. joins growing list in looking to tax hybrids
June 10, 2013
(The Charlotte Observer)
A legislative proposal to tax hybrid- and electric-vehicle owners puts North Carolina among a growing list of states looking to replace revenue lost from gas taxes as people buy more fuel-efficient vehicles.
Greensboro economy ranks poorly in survey
June 10, 2013
(News & Record, Greensboro)
A recent survey found the Greensboro-High Point Metropolitan Statistical Area lagging far behind other major regions in an analysis that measured workers' education, economic strength and the unemployment rate.
'Sleepy Hollow' television show to film in Wilmington
June 10, 2013
(StarNews, Wilmington)
20th Century Fox Television will bring filming of its new television drama Sleepy Hollow to Wilmington this summer. The pilot episode was shot in Salisbury.
Matthews man takes TCBY in new direction
June 10, 2013
(The Charlotte Observer)
Samuel Batt of Matthews opened yogurt shop TCBY's first serve-yourself store in 2010 and has since become its largest franchise owner in the country.
Brunswick County rewrites rules to be more business friendly
June 10, 2013
(StarNews, Wilmington)
Brunswick County officials are rewriting development codes and making it easier for small businesses to open up shop. For example, they've lifted restrictions for businesses developing along the county's highway corridors.
