Business & Economy

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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Business & Economy
6:10 pm
Wed August 15, 2012

Gov. Perdue Takes Inaugural Non-stop San Francisco Flight From RDU

A brand new business-friendly route to the west has taken flight from North Carolina.

Announcement: Welcome to United Airlines' inaugural flight 194 with service to San Francisco.

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Business & Economy
7:36 am
Tue August 14, 2012

Duke Energy CEO Jim Rogers Testifies Before Florida Regulators

Duke Energy CEO Jim Rogers was in Florida's capital of Tallahassee yesterday to testify before power regulators there. the members of the Florida Public Service Commission questioned Rogers on the leadership change at the utility and about a failing nuclear facility in that state. Rogers said despite the issues the company faces, the Sunshine State is important to the company's future.

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Business & Economy
6:08 pm
Wed August 8, 2012

Amtrak To Expand Service In Eastern NC

Starting this fall, Amtrak will expand its throughway motor coach service to Eastern North Carolina. Passengers will be able to connect via bus to the Amtrak Palmetto station in Wilson. One route will serve Greenville, New Bern, Havelock and Morehead City; the other will connect Goldsboro, Kinston, Jacksonville, and Wilmington. Amtrak's Christina Leeds says the Palmetto train service operates twice daily serving 20 stations between New York and Savannah, Georgia.

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Business & Economy
5:00 am
Wed August 8, 2012

Program Aims To Put Defibrillators In Churches

Several state organizations are banding together give churches the tools to save lives.

Gurnal Scott: State Representative Becky Carney of Charlotte will never forget April 2nd, 2009, the day a portable defibrillator revived her after a near-fatal heart attack at the General Assembly

Rep. Becky Carney: One story can propel a great movement within a community.

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Business & Economy
9:00 am
Fri August 3, 2012

Duke Energy Announces Rate Cuts

Duke Energy announced its first in a series of rate cuts.

Leoneda Inge:  Duke Energy and Progress Energy promised if the companies were allowed to merge they would implement millions of dollars in utility rate cuts one month after the merger was approved.  The first round of cuts comes to about 89-million dollars.

Inge:  Yeah, I was just about to say, it’s about a dollar a month, hugh?

Tom Williams: It’s about a dollar month, but you know we have just begun this process

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Business & Economy
9:00 am
Tue July 31, 2012

Two Duke Energy Board Members Resign

Duke Energy is looking for new board members since the resignation of two former Progress Energy directors. 

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