Business & Economy

Business & Economy
1:17 pm
Mon December 30, 2013

'Tag-Team' Parents Better Than 9 To 5 Parents

NC State researchers take a closer look at the down side of having two "9 to 5" working parents.
Credit hellobeautiful.com

“Tag-Team” parenting with non-traditional work schedules can be best for raising teenagers, according to new research out of North Carolina State University.

Joshua Hendrix is a doctoral student in Sociology at NC State and lead author of the article "Parental Nonstandard Work, Family Processes and Delinquency During Adolescence," published online in the Journal of Family Issues.

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The State Of Things
5:00 am
Sat December 21, 2013

Five Things To Know About NC Tax Law Changes In New Year

Revisions to the state's tax code mean filers in 2014 could see changes to their exemptions, deductions and overall tax payments. Here are five key facts about the changes:

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Unemployment Rate
6:41 pm
Fri December 20, 2013

N.C. Unemployment Rate Drops, But Don't Get Too Excited

Credit U.S. Bureau of Labor Statistics

In the never ending story that is "so-so" economic news, North Carolina's unemployment rate took a sharp drop in November, but that doesn't necessarily mean there are more people employed.

Here are the numbers up front:

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Toy Donations
3:22 pm
Fri December 20, 2013

5 Days To Go; 6,000 Toys Short

Toy Story Cupcakes
Credit Ana_Fuji / Flickr

Every year, Durham Rescue Mission holds a Christmas Eve dinner for the needy. They serve turkey and ham. And for the kids, there's a toy giveaway.

But now, just five days out, the group is 6,000 toys short of what they need in order to give all the kids some new playthings for the holiday.

"We accept new and used toys throughout the year, but at Christmas time we do like to give a new toy to the kids," said DRM CEO, Ernie Mills. "What kind of new toy? I tell the parents, any kind of toy you would buy for your kids, our kids would love it also."

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Travel
8:02 am
Fri December 20, 2013

Highway Patrol Goes Out In Force For The Holidays

One third of North Carolina's population is expected to travel for the holidays this year. AAA Carolinas says tomorrow marks the start of the holiday travel period.
Credit epSos via Flickr, Creative Commons

Nearly 2.8 million North Carolinians are expected to travel for Christmas or New Year's vacations.

Gas prices and air fares are holding steady, but 48,500 more people plan to travel for the holidays this year than last, according to AAA Carolinas.

Spokeswoman Angela Daley says that could be due to the improving economy. She says the weeks that include Christmas and New Year's Day are the most popular travel time, and it's also the longest. Daley says that makes it easier for people to plan trips at their convenience.

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Film Tax Incentives
6:22 pm
Wed December 18, 2013

How To Scare Away Iron Man? Get Rid Of His Tax Breaks

Iron Man Figure Show in Time Square, Hong Kong
Credit Just_The_Way / Flickr

Iron Man 3. Homeland. Sleepy Hollow.

Those are just a few of the productions that took (or are taking) place in North Carolina. And when you ask an industry expert why producers choose a specific city or state to film in, the answer has very little to do with climate, or airport access, or number of available caterers.

"The only places they look to do business are places that have a [tax] incentive," said Johnny Griffin, director of the Wilmington Regional Film Commission. "That's the number one qualifying factor."

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Pension
8:14 am
Wed December 18, 2013

State Treasurer Reforms Pension Investment Policies

North Carolina State Treasurer Janet Cowell is implementing transparency reform policies for contractors who manage investments for the state pension fund.
Credit nctreasurer.com

The State Treasurer's office is putting transparency reforms in place for contractors who manage some investments for the state pension fund.

The pension fund is worth about 83-billion dollars.

Treasurer Janet Cowell says independent reviews of NC Retirement Systems showed that until 2009, some managers hired third-party brokers, or “placement agents” to arrange investments, often without disclosing to the state.

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OBX Ferry
1:36 pm
Tue December 17, 2013

Reports Of Injuries After Ferry Accident Near Bald Head Island

The Bald Head Island Ferry, Run Aground in the Cape Fear River
Credit U.S. Coast Guard

The U.S. Coast Guard is reporting 13 injuries after a ferry ran aground near Bald Head Island, Tuesday morning.

The 64-foot ferry was carrying 56 people went it ran aground Battery Island, an island at the mouth of the Cape Fear River, between Southport and Bald Head Island.

The Coast guard transported the passengers, by boat, back to Southport.

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Business & Economy
5:00 am
Mon December 16, 2013

Increase In November Home Sales Points To Improving Local Economy

Credit Images of Money via Flickr

Purchases of homes in the Triangle region continued to rise in November, showing the local economy is still improving.

Sales rose by 10 percent and the number of homes for sale dropped by 11  percent, compared to the same month a year earlier, according to Triangle Multiple Listing Services data.

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Business & Economy
12:14 am
Wed December 11, 2013

Walmart Creating Hundreds Of Jobs In Alamance County

Credit Gurnal Scott

The nation’s largest employer plans to add 450 workers at a new perishable grocery distribution center in Mebane. The facility will serve about 120 Walmart retail stores across the region and expand the company’s workforce in the state, which current stands at about 52-thousand people. State officials touted economic expansion at a Tuesday announcement.

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