Business
Lawsuit may loom in Charlotte airport fight
June 11, 2013
(The Charlotte Observer)
Charlotte City Council members unanimously voted to "vigorously oppose" an effort to transfer Charlotte's airport from city control to an independent authority, signaling that a lawsuit may be on the horizon ast the General Assembly moves forward with plans for the move.
Developments line up in northwest Greensboro
June 11, 2013
(News & Record, Greensboro)
Northwest Greensboro has seen a flurry of projects in recent months, with the most recent including a shopping center and industrial park.
Charlotte road projects pile up
June 11, 2013
(The Charlotte Observer)
Several highway projects worth hundreds of millions of dollars are expected to be completed in the Charlotte region during the next two years, widening many of its most-congested arteries.
Deloitte purchasing Charlotte-based McColl Partners
June 11, 2013
(The Charlotte Observer)
A subsidiary of professional-services firm Deloitte will acquire Charlotte-based McColl Partners, the advisory firm founded by former Bank of America CEO Hugh McColl, for an undisclosed amount. McColl will stay on as an adviser.
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.
