Business & Economy

Business & Economy
6:55 am
Tue May 15, 2012

North Carolina Exports Hit Record Level

North Carolina is manufacturing, selling and shipping a record number of goods according to latest numbers.  

Leoneda Inge:  Governor Bev Perdue’s office says North Carolina shipped 27-billion dollars in merchandise last year, a record.   It’s eight-percent higher than the year before.  And it’s 60 percent higher than a decade ago.  Derek Chen is the Director of Foreign Operations for the state Commerce Department.  He says the growth is phenomenal.

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Business & Economy
7:30 am
Tue May 8, 2012

Bank Of America To Face Shareholders, Protestors

Hundreds of protesters have pledged to descend on Bank of America's annual meeting in Charlotte tomorrow. 2011 was a rocky year for Bank of America. The bank fell from its perch as the nation's largest and weathered a series of public relations storms.

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Business & Economy
7:00 am
Tue May 8, 2012

Small Food Businesses Get Help

NC Agriculture Department,

The state Agriculture Department is hosting its first Food Business Conference today in Alamance County. 

Business & Economy
8:30 am
Mon May 7, 2012

Thousands to Lose Extended Jobless Benefits

Thousands of North Carolina residents have been notified that their extended unemployment benefits will expire by the end of the week.

Leoneda Inge:  Notices were sent out to 17-thousand unemployed workers, informing them of the bad news.  The extended jobless benefits from the state kicked-in four years ago, during the recession.  But because of the steady drop in North Carolina’s unemployment rate, the extended benefits, or E-B trigger has stopped.  Larry Parker is a spokesman for the Commerce Department’s Division of Employment Security.

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Business & Economy
6:30 am
Wed May 2, 2012

Durham-Orange Light Rail Meetings

Durham and Orange county residents will get a closer look today and tomorrow at a proposed light rail transit plan.

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Business & Economy
7:30 am
Fri April 6, 2012

Graham County Jobless Rate Tops 20-percent

More than 80 counties across North Carolina experienced a drop in their unemployment rates.  But communities in the eastern and western corners of the state did not fare as well.

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Business & Economy
5:00 pm
Thu April 5, 2012

Challenges for Minority Small Business Owners

Some minority owners of small businesses met with U.S. Senator Kay Hagan to chat about challenges they face and opportunities available to help them prosper. The North Carolina Democrat brought a member of the Small Business Administration to hear how owners are falling short in the marketplace. Leah Brown is president of medical research firm A10 Solutions in Cary. She says they try to compete for big-money contracts, but it is a challenge to find qualified workers

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Business & Economy
7:50 am
Tue April 3, 2012

Elizabeth City Air Park Misses Jobs Mark

Hopes and plans for a thriving Elizabeth City Air Park have not panned out over the past year.  Businesses have not been able to create the jobs they promised in this economy.

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Business & Economy
10:10 am
Mon April 2, 2012

Irene Victims Get More Time in FEMA Trailers

More than a hundred coastal families displaced by Hurricane Irene faced a deadline yesterday to move out of mobile homes provided by the Federal Emergency Management Agency. But North Carolina Emergency Management says all of them have been given a 30-day extension. Dawn Baldwin Gibson of the Pamlico County Disaster Recovery Coalition says many residents are still trying to get money for repairs from their insurance or mortgage companies.

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Business & Economy
5:00 pm
Fri March 30, 2012

NC Low in Per Capita Income Growth

There is another sign economic recovery is moving slower in North Carolina than in a lot of other states.   The rate of per capita income growth is among the smallest in the country.

Leoneda Inge:  The US Bureau of Economic Analysis says per capita income growth in North Carolina was 3.3-percent between 2010 and 2011.   The only states with a smaller income growth rate are Maine and Alaska.  Alexandra Sirota is Director of the North Carolina Budget and Tax Center.  She says the state fared better three to four years ago.

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