Business & Economy

Business & Economy
6:35 am
Tue March 27, 2012

Duke-Progress File "Market Power" Plan

Duke and Progress Energy have filed an updated merger plan with federal regulators.  The companies filed a “market power” mitigation plan they hope will move the process along.

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Business & Economy
5:15 pm
Mon March 26, 2012

Greensboro Call Center Closing Investigated

The U.S. Department of Labor is investigating the closure of an American Express call center in Greensboro.

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Business & Economy
6:35 am
Thu March 22, 2012

Support for Export-Import Bank

A North Carolina business is calling on the U-S Senate to stop its partisan bickering and re-authorize the Export-Import Bank of the United States.

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Business & Economy
9:45 pm
Wed March 21, 2012

NC A&T to Look at African American Psyche

A two-day conference getting underway at North Carolina A&T State University will weigh how certain events affect the African-American psyche.

Jeff Tiberii: The Dialogue On Progressive Enlightenment Conference, or DOPE, will focus on higher education. The conference began three years ago as an outlet for social concerns within the African-American community. Brian Sims is an Assistant professor of Psychology at North Carolina A&T. He described the conference on the State of Things.

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Business & Economy
7:00 pm
Mon March 19, 2012

DOT Planning for Future of Biking, Walking

State officials are asking for public input as they prepare a statewide bicycle and pedestrian plan.

Jeff Tiberii: There are more than 3-thousand miles of existing bike routes in North Carolina. Officials at the Department of Transportation want to add better signage, as well as a useful website with maps of the trails. Julia Casadonte says the state last updated the plan 15 years ago. She notes the state's population has grown significantly during that time.

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Business & Economy
2:11 pm
Thu March 15, 2012

PNC Puts Name On Arena

PNC Arena
Dave DeWitt

The last remnant of RBC Bank in the Triangle was removed earlier today. Governor Bev Perdue and others officially renamed the RBC Center the PNC Arena at a ceremony in Raleigh.

Dave DeWitt: Today, PNC officials and Governor Perdue were all smiles as the very last RBC sign came down, and a PNC Arena logo took its place. But tomorrow, the company is expected to start laying off employees in Raleigh and Rocky Mount – perhaps more than 600.

Governor Perdue says the job losses are a temporary setback.

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Business & Economy
6:30 pm
Wed March 14, 2012

Guilford County Files Robo-Signing Lawsuit

Guilford County is suing some of the nation’s largest banks over forged mortgage documents.

Jeff Tiberii: Local officials want to put a stop to robo-signing. That’s the practice of third-party employees falsifying financial documents. It has been a national problem in the housing crisis. Register of Deeds Jeff Thigpen found more than 45-hundred mortgages in Guilford County that appear to have been forged.

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Business & Economy
9:00 am
Wed March 14, 2012

NC Job Growth in Business Services

North Carolina’s unemployment rate has remained over 10-percent for the past year.   Despite the high rate, one sector continues to experience growth.

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Business & Economy
8:00 am
Fri March 9, 2012

Linwood Furniture Files For Chapter 11

Another North Carolina furniture maker is facing financial trouble. Jessica Jones reports Linwood furniture of Davidson County has filed for Chapter 11 bankruptcy.

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Business & Economy
8:00 am
Thu March 8, 2012

CFO Survey Shows Optimistic Job Market

A global business outlook survey conducted by Duke University shows companies are beginning to hire again.

Leoneda Inge:  The quarterly Duke University, CFO Magazine Survey paints a much rosier jobs picture than in the past several quarters.  John Graham is a Finance professor at Duke and director of the survey.   He says Chief Financial Officers are optimistic in 2012.

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