Business & Economy

The State of Things
11:00 am
Thu June 27, 2013

Refugees Tend Their Own Farm In Orange County

Some of the farmers at Transplanting Traditions.
Credit Transplanting Traditions Community Farm

Frank Stasio talks about the Karen refugee farm and market.

On 4 acres just outside Chapel Hill, nearly 150 Karen refugees till the soil as they did back home in Myanmar, also known as Burma.

Transplanting Traditions Community Farm is educating locals about Burmese vegetables and cuisine, and teaching the refugees about American produce, with the eventual goal of setting them up as full-time farmers.

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Business & Economy
4:37 pm
Mon June 24, 2013

Red Hat Celebrates Opening Of New Raleigh Offices

Gov. Pat McCrory (2nd from left) and Red Hat CEO Jim Whitehurst (2nd from right) open Red Hat's Raleigh headquarters.
Credit Gurnal Scott

Governor Pat McCrory joined officials with software maker Red Hat to cut the ribbon on the company's new downtown Raleigh headquarters today.  Company leaders announced a plan two years ago to move from offices on NC State's Centennial Campus to a capital city high rise. 

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The State of Things
10:41 am
Wed June 19, 2013

Businessman Finds Spiritual Roots Of Capitalism

Cover of "Business Secrets of the Trappist Monks" by August Turak.
Credit Columbia Business School Publishing

Bussinessman and author Augie Turak talks about his new book, 'Business Secrets of the Trappist Monks: One CEO’s Quest for Meaning and Authenticity'

Augie Turak is a successful businessman with two software companies under his belt. For the past 17 years, he’s studied the business strategies of a group of Trappist Monks living in South Carolina.

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Business & Economy
5:35 pm
Mon June 17, 2013

GE Aviation Wants To Expand In North Carolina

Navy employee works on a GE jet engine.
Credit US Navy

GE Aviation - a division of General Electric Company - is planning to expand its presence in North Carolina.  Today’s announcement was made at the International Paris Air Show in France.  A delegation from North Carolina was on hand to receive the news.

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The State of Things
12:27 pm
Tue June 11, 2013

What Will Happen To North Carolina's Tax Code?

Photo of the State Senate Chamber
Credit Dave DeWitt

Host Frank Stasio talks to a panel of experts about possible changes to the tax code

Benjamin Franklin famously said, "In this world nothing can be said to be certain, except death and taxes."  But in the North Carolina legislature, three competing plans seek to reform the tax code, and the future of these plans is all but certain.  Two bills are waiting in the Senate Finance Committee. One bill passed the House yesterday and will move to the Senate.

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Business & Economy
6:52 am
Thu June 6, 2013

Disputing Development In East Greensboro

A majority of City Council members in Greensboro have approved the controversial sale of a city-owned shopping center to a private developer. 

The deteriorating shopping center in the northeastern part of the city has a Family Dollar and a series of boarded up store fronts. The city has owned the property for five years but there has been no development. The city finally decided to sell the site, but many are upset.

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The State of Things
12:41 pm
Tue June 4, 2013

Groups Tackles Intractable North Carolina Poverty Problem

A scene from American Winter film.
Credit http://www.americanwinterfilm.com/families

A panel of experts discuss poverty in NC

Gene Nichol, Director of the Center on Poverty, Work & Opportunity at the University of North Carolina at Chapel Hill, said on The State of Things today that the financial collapse really hurt the poor but that the problem is multifaceted.

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The State of Things
12:19 pm
Tue June 4, 2013

What Is The Future Of A Chinese-Owned Smithfield Foods?

Smithfield Foods says it will stop using so-called ''gestation crates'' by 2017.
Credit humanesociety.org

The future of Chinese-owned Smithfield

Smithfield Foods is set to be sold to Chinese firm in a $7.1 billion deal. The Shuanghui Group is the largest meat processor in China, and they have agreed to purchase Smithfield Foods to satisfy a large demand for American-made pork in China. If the deal goes through, it would be the largest ever Chinese acquisition of an American company.

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Business & Economy
5:19 pm
Mon June 3, 2013

Blue Cross Blue Shield Of NC Moving Out Of Iconic Chapel Hill Building

BCBSNC's Chapel Hill headquarters, a rhomboid-shaped glass building built in 1973.
Credit BCBSNC

Blue Cross Blue Shield of North Carolina employees will soon move out of their landmark Chapel Hill headquarters and consolidate operations in Durham. The health insurer purchased two buildings on its Durham campus where they could move employees starting in September. 

Spokesman Lew Borman says the move is expected to save the company up to $2.5 million in operating costs annually.  As for the signature building they now call home, Borman says its fate is yet to be determined.

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Business & Economy
5:00 am
Mon June 3, 2013

Bridging To New Jobs At PTI Airport

A plane lands at Piedmont Triad International Airport.
Credit redlegs21 via Flickr, Creative Commons

NC Department of Transportation officials are taking bids for a new road and bridge project in Guilford County that leaders hope will bring expansion and jobs to the airport.

Beginning Monday, officials with the State Department of Transportation will accept bids for a highway project in Guilford County. This project is two parts road and one part bridge at and around PTI Airport. The plan is to build a bridge connecting two parcels of land, one which has hundreds of undeveloped acres, the other of which has runways. Officials believe a bridge could not only connect the two but also attract an aerospace company for expansion in the region.

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