Business & Economy

Business & Economy
5:30 am
Fri October 14, 2011

Occupy Raleigh Protest on Saturday

Protesters who say they're concerned about corporate greed and social inequality plan to gather at Raleigh's old state capitol grounds tomorrow.

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Business & Economy
5:55 am
Tue October 11, 2011

Transponders Available for Triangle Expressway

Triangle Expressway Map
Credit ncturnpike.org

Drivers can start buying electronic transponders for the Triangle Expressway Tuesday, October 11th. The transponders are a means of paying tolls easily. They come in time for the opening of the first section of the Triangle Expressway in mid-December. That's an extension of the Durham Freeway into Research Triangle Park. There will be two transponders to choose from. One is for North Carolina travel. That one will cost $5. The other includes states up and down the coast and is $20. David Joyner is Executive Director of the North Carolina Turnpike Authority.

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Business & Economy
7:15 pm
Fri October 7, 2011

$1.70 Gas to be a Reality for a Specialized Few

Piedmont-based PSNC Energy will begin selling compressed natural gas at two locations in Raleigh with plans for a third in Gastonia. State regulators approved the $1.70-per-gallon price tag. That's about half the cost of gasoline. But you'd have to have a vehicle that uses CNG or to have converted your vehicle to be able to use it. PSNC spokeswoman Angie Townsend says they've had a handful of CNG customers since the early 90's but interest is growing.

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Business & Economy
5:55 am
Fri October 7, 2011

Insurance Disputes Create Frustration On Coast

Wayne Goodwin
Credit NC DOI

The North Carolina Department of Insurance has set up a series of temporary insurance assistance centers in areas hardest hit by Hurricane Irene. The centers are designed to help customers who believe they are not being treated fairly by insurance companies.

Insurance Commissioner Wayne Goodwin decided to open the centers after his office fielded a steady stream of complaints from customers in coastal counties.

Goodwin says many complaints have centered on non-existent or non-communicative insurance adjusters.

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Business & Economy
5:40 am
Fri October 7, 2011

Triad County Gets Land for Development

This week one North Carolina company gave Davie County a substantial gift.

Winston-Salem based R.J. Reynolds Tobacco gave the rural county 360 acres of undeveloped land southwest of the city. The gift is expected to help bring manufacturing jobs. Terry Bralley is President of the Davie County Economic Development Commission. He says at least one furniture company is considering a plant in the area.

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Business & Economy
10:00 am
Wed October 5, 2011

Banking Act Would Give Consumers "Freedom"

Eric Hodge:  North Carolina Congressman Brad Miller has introduced a bill he says will give consumers the power to switch banks if they’re disgruntled over fees. Leoneda Inge reports.

Recent announcements about rising fees from big banks like Bank of America have some consumers mad.  Democrat Brad Miller of Raleigh says that’s why he introduced the “Freedom and Mobility in Banking Act.”

Brad Miller:  "Banks should send money by electronically from one bank to another when you decide you want to transfer your accounts because you weren’t happy with your first bank."

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Business & Economy
5:10 pm
Tue October 4, 2011

Supporters Urge Bond Passage

Several dozen supporters staged a small rally this morning to support the passage of two separate city-wide bonds on the ballot for next week. If passed, the bonds would go to improving transportation and low-income housing. They would total about $56 million and cost the average homeowner about $17 a year. Outgoing mayor Charles Meeker is hoping the historically strong support for bonds in Raleigh continues.

Business & Economy
10:00 am
Tue October 4, 2011

NC-Based PPD Sold

North Carolina’s clinical trials industry is seeing a major shift.  The latest example is the purchase of Wilmington-based P-P-D.

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Business & Economy
5:10 pm
Wed September 28, 2011

NC DOT Looking at Tolling I-95

Interstate 95 map
Credit i95highway.com

State transportation officials are looking at ways of raising revenue to modernize Interstate 95. One thing they're looking at is tolling the highway. That's being considered up and down the coast. Greer Beaty with the Department of Transportation says a large-scale study of I-95 started early last year. She says there are a number of things to consider.

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Business & Economy
10:00 am
Wed September 28, 2011

SBA Visits Raleigh Denim

The Small Business Administration visited Raleigh to kick-off a new national program to help businesses grow internationally.

Karen Mills is the Administrator for the S-B-A.  She visited "Raleigh Denim" to announce the new State Trade and Export Promotion program.

Karen Mills:  "American manufacturers can still produce world class products, even in textiles."

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