Business & Economy

Business & Economy
1:38 pm
Wed July 30, 2014

'SPENT', Hit Game About Money And Resources, Goes Mobile

Screen-shot from the Spent videogame.

In 2011, a new videogame premiered that not many expected would be a hit. The game is called Spent and it is about surviving homelessness.

Spent is a collaboration  between Urban Ministries of Durham and the interactive firm, McKinney.

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Business & Economy
11:14 am
Wed July 30, 2014

[VIDEO] Innovative Assistance For Raleigh’s 'Food Deserts'

Mr. Zelb Hunter (center) started Grocers on Wheels. His soon Demetrius runs it now, with Anita Woodley.
Carol Jackson

Willie Latimore has a really hard time getting fresh food. He lost much of his right leg to diabetes a few years ago, and he uses a wheelchair to get around. He lives at Carriage House Apartments in Raleigh, where the rent is based on income.

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Business & Economy
9:37 pm
Mon July 28, 2014

Battle Over A Dollar: Dollar Tree Buys NC-Based Family Dollar

This new Dollar Tree store in Durham, NC will soon be opening at the corner of Martin Luther King Jr. Parkway and Fayetteville Road.
Credit Leoneda Inge

North Carolina-based Family Dollar was opening hundreds of stores a year, until this year.  Now it’s being bought by Dollar Tree, one of its biggest rivals.

There are several Family Dollar discount stores in Durham, but they aren’t new.  In fact, Family Dollar announced earlier this year it would close 370 stores nationwide.

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The State of Things
11:50 am
Fri July 25, 2014

Child Poverty Rate Rising In North Carolina

Credit Nathan Winter / Flickr Creative Commons

    

When children are living in poverty, it can have long-term consequences for their health, education and their own economic status. 

But in many cases, their families don’t have access to social services, or know where to get help. 

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Business & Economy
7:46 pm
Mon July 21, 2014

How To Sell A Home? Let Someone Else Live There

Almost all of the furniture in this home belongs to Showhomes. Cora Blinsman only brought her own bed along.
Credit Eric Mennel / WUNC

About a year ago, Cora Blinsman’s mom passed away. Needless to say, it was a really hard on her. She started taking stock of her own life. Cora had been a full-time, stay-at-home mom for 20 years, and she was feeling burnt out. She needed space. So … she got a lot of it.

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Business & Economy
9:35 am
Mon July 21, 2014

Downtown Chapel Hill Will Be Changing, Help Make The Plan

Downtown Chapel Hill
Credit bendertj / Flickr/Creative Commons (Image cropped)

There are two informal gatherings this week in which the public is invited to share ideas about the future of downtown Chapel Hill, including the development of Rosemary and Franklin streets. The project is called Chapel Hill Downtown Imagined:

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The State of Things
11:30 am
Thu July 17, 2014

Kid Finance

Young girl contemplates money
Credit makethedifference.org

Children learn a great deal about money from their parents. But which aspects are parents wont to teach and which do they often conceal? Researcher Lynsey Romo sought to answer that in her new study, "Money Matters: Children's Perceptions of Parent-Child Financial Disclosure".

Meanwhile, an exhibit at Marbles Kids Museum aims to facilitate money talk in kids as young as five and the North Carolina Bankers Association works with middle and high school students.

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The State of Things
11:49 am
Wed July 16, 2014

Changing Industries in North Carolina

Industry consolidation and reorganization is happening in the tobacco, pharmaceutical and health care industries in North Carolina.

    

Reynolds American and Lorillard, two of the country’s biggest tobacco producers, announced a merger yesterday that is expected to reshape the tobacco industry. 

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Business & Economy
8:52 am
Wed July 16, 2014

Merger With Lorillard Would Beef Up Reynolds Tobacco Portfolio

Reynolds American Tobacco stands to acquire the Newport brand of cigarettes if its merger with Lorillard goes through.
Credit Officer / Wikipedia

Reynolds American plans to acquire Lorillard as part of a $27 billion merger. The deal would bring together the second- and third-largest tobacco companies in America.

Reynolds owns the popular Camel and Pall Mall cigarettes, but now they stand to acquire Lorillard's iconic Newport brand.

Reynolds President Susan Cameron said she's had her eye on it for some time.

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Business & Economy
12:15 pm
Tue July 15, 2014

PSNC Considers Historic Barns, Gravesites In New Pipeline Route

PSNC is considering routes to extend a natural gas pipeline in Wake and Franklin Counties.
Credit Harald Hoyer / Creative Commons

PSNC Energy is taking feedback from property owners about plans to lay a natural gas pipeline. The company wants to extend an existing transmission line from Northern Wake County into Eastern Franklin County and south to Zebulon.

PSNC Spokeswoman Angela Townsend said the company is working to keep up with anticipated population growth in the area. She did not comment on the projected increase of customers or pipeline capacity. Townsend said the extension would be up to 29 miles long.

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