Business & Economy

Business & Economy
6:02 pm
Mon August 12, 2013

North Carolina's Export Business Continues To Boom

US International Trade Administration says NC exports up 6%.
Credit NC Commerce Department

Leoneda Inge reports on NC's booming exports.

North Carolina’s export business around the world continues to boom.  Numbers from the U.S. International Trade Administration show merchandise exports jumped by 6% compared to this time last year – up to $14.8 billion.

Jean Davis is the Director of International Trade for the state Commerce Department.  She says excluding a dip in 2008 during the recession, exports have been on the rise for the past decade.

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Business & Economy
1:25 pm
Thu August 8, 2013

Startup Hub Goes Regional In Expansion To Raleigh

An architect's rendering of American Underground's offices planned for Raleigh.
Credit Alliance Architecture

A new hub for startup businesses in Raleigh is set to open this fall. 

Durham-based American Underground says it's opening space enough for 25 startups on Fayetteville St. in downtown Raleigh.  The company sells affordable commercial space to Durham entrepreneurs in exchange for connecting them with investors and providing other support.

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Business & Economy
7:11 am
Thu August 8, 2013

Hatteras Island Study Shows Economic And Cultural Value

NC Outer Banks is known for its Lighthouses.
Credit Outer Banks Visitors Bureau

Backers of maintaining NC 12 along the Outer Banks have a new study to bolster their case.  NC 12 has seen its share of damage as storms shift the sand.  And the price tag to fix the problem could cost millions, if not billions.

Lee Nettles is the Executive Director of the Outer Banks Visitors Bureau.  He says the public and the legislature need to know the economic value of Hatteras Island.

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Business & Economy
9:19 am
Wed August 7, 2013

Aqua NC Files For Another Rate Increase

Aqua NC will file for its 3rd rate increase in 5 years.
Credit Wikimedia Commons

Officials with Aqua North Carolina are seeking another rate increase -- the third in five years..  The private water provider wants a 19 percent jump in the cost of their water service to customers. 

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Business & Economy
2:00 pm
Tue August 6, 2013

Study Reveals Poor Conditions For Female Migrant Domestic Workers

Female migrant domestic workers often face less than ideal conditions at their new homes.
Credit Evil Erin

It's not uncommon for women from developing countries to migrate to richer nations looking for jobs and better living conditions. They often find jobs as domestic workers, but all too often, these women experience abuse, illness, mental health problems and limited access to medical care once they arrive at their new homes.

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The State of Things
11:50 am
Mon August 5, 2013

North Carolina Journalist Gives A Behind-The-Scenes Look At Local Media

I Never Promised Not To Tell by Grady Jefferys
Credit Amazon.com

  Originally broadcast March 13, 2013

Frank Stasio talks with journalist and author Grady Jefferys.

The Pew Research Center released its annual State of the Media report for 2012, and television news viewership is down. Political coverage has declined, and on local TV news, 40 percent of the content is made up of traffic, sports and weather. Meanwhile, newspaper newsrooms in 2012 employed 40,000 people, the smallest number of full-time journalists since 1978.

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Business & Economy
8:54 am
Fri August 2, 2013

Aviation Training Center Opens In Currituck County

Currituck County Regional Aviation and Technical Training Center under construction in 2012.
Credit College of The Albemarle

State dignitaries are in northeastern North Carolina this morning for the official opening of the new Regional Aviation and Technical Training Center in Currituck County.

Currituck County has been waiting a long time for this Aviation and Technical Training Center and it took a lot of money to make it happen - $7.1 million.

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Business & Economy
9:34 am
Thu August 1, 2013

House Of Raeford Cuts 1,000 Turkey Jobs

North Carolina is one of the top turkey production states in the country.
Credit Curt Gibbs

Nearly 1,000 workers at House of Raeford Farms slaughter plant in Hoke County will be officially out of jobs today.

It’s the end of an era for the town of Raeford. Some of the 950 workers at the turkey slaughter house will retire, some will be transferred to other House of Raeford poultry plants and cook facilities, and many will be jobless.

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Business & Economy
4:35 pm
Mon July 29, 2013

United Steelworkers Union Reaches Deal With Goodyear, Calls Off Strike

The strike would have begun at midnight on Saturday.
Credit Gmanviz via Flickr, Creative Commons

The United Steelworkers Union has reached an agreement with Goodyear Tire and Rubber Company that will avoid a strike at several facilities across the country, including the Goodyear plant in Fayetteville.

The negotiations were over a four-year labor agreement for 8,500 hourly employees at six plants. Terry Brewington is Vice president of the Fayetteville office of United Steelworkers. He said his union was fighting for cost of living raises, more vacation time for new hires and increased wages for people hired after 2006.

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Business & Economy
4:15 pm
Fri July 26, 2013

Leaders Discuss How To Build NC's Biopharmaceutical Industry

RTP headquarters.
Credit Ildar Sagdejev

Leoneda Inge reports on Bio-Pharma discussion at GlaxoSmithKline.

GlaxoSmithKline hosted a gathering today in RTP for policy, non-profit and business leaders in the biopharmaceutical industry.

Jack Bailey, a Senior Vice President at GSK, says there are well over 100,000 North Carolinians working in the Life Sciences, 5,000 of them at his company.

“So it’s a very big important industry, it’s created a lot of jobs," Bailey says. "And really what we want to do today is start a discussion on how, at this great change in health care, we can make sure both federal, state and local policy decisions get made that continue to accelerate that innovation that comes out of companies like GSK.”

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