Business & Economy

Business & Economy
9:10 am
Wed September 28, 2011

Hatteras Business Still Slow After Irene

Small businesses on Hatteras Island are struggling to turn a profit a month after Hurricane Irene swept across the Outer Banks. That's despite a decision from the Department of Transportation earlier this month to restart ferry service for both visitors and residents. Keith Andre owns a construction business in Frisco. He says building centers that usually provide his equipment are nearly empty.

Read more
Business & Economy
12:25 pm
Tue September 27, 2011

Flooded Counties Fronting Bill for Mosquito Spray

FEMA's announcement that it won't run out of funds this week is good news for counties in eastern North Carolina. Local governments have been fronting the bill for disaster relief without a guarantee of reimbursement after Hurricane Irene. In Hyde County, health director Wesley Smith says officials ordered an insecticide spray from low-flying planes for 20,000 acres. He says flooding caused a boom in the mosquito population.

Read more
Business & Economy
7:35 am
Tue September 27, 2011

Raleigh Gets Another Look at High Speed Rail

The State Department of Transportation has been working on a high speed rail proposal for downtown Raleigh for several years.  Today the public is invited to see an updated plan at the Raleigh convention Center. 

Read more
Business & Economy
12:05 pm
Fri September 23, 2011

Economic Impact of North Carolina Wine Industry Tops $1 Billion

The economic impact of North Carolina's wine industry is now more than billion dollar-a-year.

Read more
Business & Economy
9:55 am
Wed September 21, 2011

Duke-Progress Merger Critics Call for Stricter Conditions

State regulators continue a hearing today about whether Duke Energy and Progress Energy should merge.

Read more
Business & Economy
5:00 am
Tue September 20, 2011

Duke/Progress Merger Faces Public Hearing

The North Carolina Utilities Commission will hear testimony Tuesday on the proposed merger of Duke Energy and Progress Energy. The Commission will hear from company officials in favor and from environmental groups opposed to the merger. Tom Williams is a spokesman for Duke Energy.

Read more
Business & Economy
10:00 am
Mon September 19, 2011

American Mortgage Conference in Raleigh

Some of the nation’s leading housing finance experts will be in Raleigh today and tomorrow for the American Mortgage Conference.  Thad Woodard is president and C-E-O of the North Carolina Bankers Association.  He says they wanted to present a major platform to answer some major questions about the future of home financing.

Read more
Business & Economy
4:05 am
Fri September 16, 2011

Enhancing Rural Competitiveness

Governor Bev Perdue will lead a forum today on overcoming the challenges facing of the state's rural communities. Her first stop is in Martin County in eastern North Carolina.

85 of the state's 100 counties are considered rural. These small communities are struggling with higher-than-average unemployment, infrastructure problems, and young people moving away to larger cities.

Perdue will lead conversations on these and other challenges in an effort to improve rural competitiveness. The panels will be made up of state and local leaders, as well as rural development experts.

Business & Economy
3:10 pm
Fri September 9, 2011

Environmental Groups Challenge Duke, Progress Merger

Several environmental groups have filed a challenge to the proposed merger of Duke Energy and Progress Energy. The merger between the two North Carolina-based companies would create the country's largest utility. Southern Environmental Law Center attorney Gudrun Thompson says that makes Duke and Progress responsible for leading the way in developing clean energy resources.

Read more
Business & Economy
3:10 pm
Thu September 8, 2011

Triangle Expressway Bringing Changes to Freeways in RTP

Work crews are making changes to freeways in R-T-P as they build the new Triangle Expressway. The short segment of the Durham Freeway south of I-40 closed for good this week. That section of Highway 147 provided a quick connection to T-W Alexander Drive in south Durham. It will eventually be part of the Triangle Expressway, a toll road running along the west side of Raleigh from Morrisville to Holly Springs. D-O-T spokeswoman Holly Allen says drivers going south on the Durham Freeway should take a detour via I-40.

Read more

Pages