Business & Economy

Business & Economy
4:01 pm
Fri May 23, 2014

Reynolds American Moves Ahead With VUSE E-Cigarettes

This package of VUSE Digital Vapor Cigarettes has a price tag of $9.99 plus tax, at the bottom.
Credit Leoneda Inge

Reynolds American is forging ahead with its electronic cigarette brand.  The announcement was made Friday in Tobaccoville.

Reynolds American CEO Susan Cameron says it’s time for everybody to have the chance to try out their VUSE digital vapor cigarette. 

“It it’s selling like hot cakes, you need more hot cakes,” said Cameron.

And Cameron had no problem whipping out her personal VUSE.

“Yes, this is a VUSE, I tried it, and I actually use it, it’s spectacular.”

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Business & Economy
7:49 am
Thu May 22, 2014

NC's Jobless Rate Drops; So Do Benefits

North Carolina's jobless rate goes down, benefits are also going down.
Credit NC Commerce

At first glance, there are several signs North Carolina’s job market is improving.  In fact, last week, the state Commerce Department reported the jobless rate in April was down to 6.2-percent.  That’s the lowest it’s been since 2008.

But some economists and advocates say unemployed workers are still facing a tough job market and less help from the state.

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Business & Economy
7:41 am
Wed May 21, 2014

Vivian Howard Accepts Peabody Award For 'A Chef's Life'

Chef Vivian Howard accepted a Peabody Award for the PBS series 'A Chef's Life'.
Credit Cherry Bombe Magazine / via Twitter

North Carolina chef accepted a prestigious award last night for a TV series that chronicles her life and her cooking.   Vivian Howard is co-owner of  "Chef and the Farmer," a fine dining restaurant in Kinston, N.C.  She and the television crew that makes the series "A Chef's Life" accepted one of broadcasting's highest honors, a Peabody Award, in New York. 

Howard says the journey to being accepted by the Kinston community was a long one.

"It really took a while for them to warm up," says Howard. 

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The State of Things
11:00 am
Mon May 19, 2014

The Lives Of NC Firefighters: What We Don't Know

Firefighters at work
Credit creative commons

Meet North Carolina Firefighters

Many young children dream of becoming firefighters someday. But not everybody sustains that desire into adulthood. What is it that makes some people want to run into the buildings when everyone else is fleeing? 

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Business & Economy
7:37 am
Mon May 19, 2014

NC Cooperative Extension Celebrates Its 100th Birthday

The NC Cooperative Extension, which runs 4-H and other agriculture and family development programs, celebrates its centennial this week.
Credit Green N' Growing collection / North Carolina State University Libraries

Employees from the North Carolina Cooperative Extension will travel from across the state to Raleigh today and tomorrow to celebrate the organization's 100th anniversary.

The Cooperative Extension is based out of North Carolina State University and NC A&T State University. Their personnel work in every county to connect farmers with new research and technology. But the organization, which runs 4-H, is also invested in helping families in general.

Sheri Schwab is an associate director of the Cooperative Extension at NC State.

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Business & Economy
8:22 am
Wed May 14, 2014

NC Works: Working To Connect People With Jobs

Credit NC Division of Workforce Solutions

The state Commerce Department has spent the past year making cuts and re-aligning its Division of Workforce Solutions.  Today, administrators say the results are positive.

One initiative getting a lot of attention is NC Works, an online portal developed to better connect the jobless with jobs.

Will Collins is the Executive Director of NC Works.  He's been on the job for six months and likes what he sees.

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Business & Economy
5:00 am
Wed May 14, 2014

NC Pension Fund: "If It Isn't Broken, Don't Fix It!"

State Treasurer Janet Cowell
Credit nctreasurer.com

State Treasurer Janet Cowell is meeting with legislators this short session to push her proposed pension investment reforms.  But the reforms don’t include who runs the pension fund. 

This is what Treasurer Janet Cowell says she’s been hearing in the state senate.

“Because some people say if it’s not broken, don’t fix it.”

Cowell says in the short session, she’s pushing for an independent audit and greater transparency, but talk of moving the $86 billion pension fund from a sole fiduciary investment system to a board-of-trustee model should wait until next year.

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Business & Economy
5:09 am
Tue May 13, 2014

Got Garbage? Raleigh Might Consider "Pay As You Throw"

A worker leaves his break chair to direct traffic atop the South Wake Landfill in Apex.
Credit Rebecca Martinez / WUNC

The Raleigh City Council wants to reduce the amount of garbage it sends to a landfill in Southern Wake County.

Raleigh pays about $33 for each ton of garbage it buries, but the city can make $30 on each ton it recycles. This morning, Raleigh's Solid waste director is presenting a list of options to increase recycling. One company in town, WasteZero, says it has the best option.

Packing The Trash Into The Landfill: How Trash Is Handled Now

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Business & Economy
1:18 pm
Thu May 8, 2014

N.C.'s Tourism Industry Is Up

Credit libby via flickr, Creative Commons

New figures are out on the impact of North Carolina's tourism industry.  According to a national survey by the U.S. Travel Association, there were 52.5 million visitors to North Carolina last year. They spent about 4 percent more in 2013 than they did the year before - setting an all-time spending record.

"It's the only sector that gained back all the jobs it lost during the recession," said Wit Tuttell, head of the state's Division of Tourism, Film, and Sports Development. 

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The State of Things
12:36 pm
Tue May 6, 2014

Local Health Industry Changes

Assorted pharmaceuticals
Credit creative commons

Business Journal reporter Jason deBruyn talks about North Carolina parmaceutical companies

    

A recent deal between the biopharmaceutical companies GlaxoSmithKline and Novartis may mean more jobs and more attention for the Research Triangle. Plus, the $1.1 billion sale of Furiex pharmaceuticals increases possibilities for investment in the area. Meanwhile, Mooresville's Vestiq Holdings, a much smaller pharmaceutical company, is filing for bankruptcy. 

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