Business & Economy

Business & Economy
4:45 pm
Wed August 29, 2012

Controversy Over Proposed Chicken Plant In Nash County

Some Nash County residents are fighting to stop a chicken processing plant from coming to their area.

Gurnal Scott: Sanderson Farms already has a presence in Kinston.  Now it wants to bring a large poultry plant to Nash County. The Carolinas Gateway Partnership -- an economic development group -- is helping Sanderson. Partnership C-E-O John Gessaman says the company wants to go beyond its employment promise

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Business & Economy
9:00 am
Mon August 27, 2012

1 Year Later, Irene Recovery Not Quite Complete

One year ago Hurricane Irene made landfall near Cape Lookout. The Category 1 storm was slow moving and lingered along the North Carolina coast, killing seven people and causing $1.2 billion in damage. Julia Jerema works for North Carolina Emergency Management. She says recovery efforts are not quite complete.

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Business & Economy
6:00 am
Mon August 27, 2012

Silver Makes Plans For Raleigh

Mitchell Silver
City of Raleigh

Whenever a magazine comes out with another list of the best cities, Raleigh is invariably on it. The State Capitol has been deemed one of the best cities for recent college graduates, for having a happy marriage, and for offering women a healthy lifestyle.

As the second-fastest growing city in the country, the decisions city leaders have to make to plan for the future come fast and furious. In the middle of it all is Raleigh’s charismatic planning director, Mitchell Silver.

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Business & Economy
6:35 am
Fri August 24, 2012

Report Shows Women Have Advanced

A new report shows the education and economic status of women in North Carolina has improved dramatically in recent decades.

Leoneda Inge: Preliminary findings in the 2012 “Status of Women in North Carolina” report show women have more Associate Degrees, Bachelor’s Degrees and graduate degrees than men. Beth Briggs is executive director of the North Carolina Council for Women.

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Business & Economy
9:05 am
Wed August 22, 2012

Cary's Dex One In Merger - Layoffs Likely

A North Carolina Yellow Pages publisher is continuing its transition into digital marketing through a merger with a Texas rival. Cary-based Dex One and Dallas-based SuperMedia have both emerged from bankruptcy in recent years, as the market has moved from print phone books to the Internet.

SuperMedia chief Peter McDonald says the marketing needs of small businesses today go far beyond an ad in the Yellow Pages.

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Business & Economy
9:00 am
Mon August 20, 2012

NC Exports Grow Towards South America

North Carolina’s list of top international trading partners is showing growth from Central and South America.

Leoneda Inge:  The country with the largest percentage of growth is Brazil.  Since last year, North Carolina exports there increased by 37-percent from the year before.  Brazil ranks number 10 on the state’s list of top business partners.  Jean Davis heads international trade for the state Commerce Department.   She just returned from a meeting in San Juan and says Central and South America is a real target.

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Business & Economy
5:48 pm
Fri August 17, 2012

North Carolina's Jobless Rate Inches Upward

North Carolina's unemployment rate increased slightly to 9-point-6 percent in July. It's the first increase after holding steady for three months at 9-point-4 percent. But Larry Parker with the Division of Employment Security says overall, the numbers indicate things are moving in the right direction.

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Business & Economy
9:00 am
Fri August 17, 2012

BB&T Expands Banking to South Florida

Winston-Salem-based BB&T is moving forward with plans to expand its banking operations in southeast Florida.

Leoneda Inge:  BB&T is one of the oldest and largest banks under the state’s banking supervision.   Ray Grace is North Carolina’s Acting Commissioner of Banks.  He says acquiring Bank Atlantic restores the luster to BB&T’s image as a growing institution after PNC’s acquisition of RBC.

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Business & Economy
7:28 am
Fri August 17, 2012

Record Corn Crop Predicted for NC

NC Dept of Agriculture & Consumer Services

State agriculture officials are predicting a record corn crop this year. That's good news for corn growers who will command higher prices thanks to a drought in the midwest. Ron Heiniger is a corn specialist at North Carolina State University. He says the crop in Washington county has benefited from plenty of rain.

Ron Heiniger: Well its big, I'm six foot one and it would take two of me and a little bit more, probably about 14 foot tall is a lot of this corn.

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Business & Economy
9:00 am
Thu August 16, 2012

"Dreamer Loan" for Young Illegal Immigrants

The Latino Community Credit Union is offering a special “Dreamer Loan” for undocumented youth applying for the government initiative called “Deferred Action for Childhood Arrivals.”

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