Business

Mountaire will fire workers seen in undercover video

May 8, 2015

(The Fayetteville Observer)

Mountaire Farms said it will fire workers who were seen abusing chickens at its Robeson County plant in a video released by animal-rights group Compassion Over Killing.

ECU graduates first dental class

May 8, 2015

(The Daily Reflector)

ECU will graduate the first class of students from its School of Dentistry this week. The school operates community-service learning centers across the state to provide training for its students and dental care for underserved areas.

Duke CEO faces shareholder questions

May 8, 2015

(The Charlotte Observer)

At Duke Energy's annual meeting in Charlotte on Thursday, CEO Lynn Good fielded questions about coal-ash storage plans and whether the utility would try to recoup a $10 million loan the company made to the Democratic National Convention in 2012.

Merger boosts net income for Raleigh's First Citizens

May 8, 2015

(The News & Observer, Raleigh)

First Citizens Bank nearly tripled its first-quarter net income to $63.8 million, due primarily to its recent merger with South Carolina-based First Citizens Bank and Trust and its acquisition of Atlanta-based Capitol Bank & Trust.

Tourism spending tops $21 billion

May 7, 2015

(Winston-Salem Journal)

Tourism spending in the state reached a record $21.3 billion in 2014, a 5% increase over the previous year, according to the N.C. Department of Commerce. The industry supported more than 200,000 jobs for the first time.

Bojangles' to offer more shares in IPO

May 7, 2015

(The Charlotte Observer)

Charlotte-based Bojangles' increased the number of shares it will sell in its IPO, expected to be Friday, from 6.25 million to 7.75 million. The fast-food restaurant chain also upped the price range to $18 to $19 per share from $15 to $17.

Asheville restaurateurs: Lower taxes would help with wage issues

May 7, 2015

(Asheville Citizen-Times)

Asheville restaurant owners say there's no quick fix to wage disputes in the industry, particularly in a city where a rising cost of living forces many workers to live outside the city limit.

Sweepstakes software companies to cease operations in NC

May 7, 2015

(The News & Observer, Raleigh)

Five companies that provide software for video sweepstakes games agreed to stop operating in North Carolina by July 1. In exchange, prosecutors won't seek criminal charges against the companies.

Rex Hospital could have lost federal funding over incident with violent patient

May 7, 2015

(The News & Observer, Raleigh)

Rex Hospital in Raleigh came close to losing federal funding over its treatment of a violent, mentally ill patient during a 2 1/2-week period in January and February. A federal probe showed the hospital failed to provide a safe environment for the patient, who was kept in restraints for extended periods of time and was twice subdued with a Taser gun.

Animal-rights group alleges abuse at Robeson plant

May 7, 2015

(The Fayetteville Observer)

A group called Compassion Over Killing released a video Monday alleging that workers at a Mountaire Farms plant in Robeson County illegally abused chickens. The group had someone obtain a job at the plant to act as an undercover investigator.