Business & Economy

Business & Economy
7:35 am
Fri April 11, 2014

Report: NC Manufacturing Jobs, New And Modern

President Obama visited Vacon in RTP earlier this year. Vacon is a global leader in developing AC drives.
Credit White House

Manufacturing jobs across the state are holding steady in some regions.  A report released Thursday takes a look at modern manufacturing and how it can help North Carolina thrive.

The Institute for Emerging Issues (IEI) says the formula for creating a new manufacturing platform in the state is re-branding, networking and training youth, as young as possible.

Anita Brown-Graham is director of the Institute.  She says you can also let people know how much money they can make.

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The State of Things
11:53 am
Wed April 9, 2014

Heartbleed Bug: What It Means For Internet Security

Internet hacker
Credit flickr.com

NPR news applications developer Jeremy Bowers tells us about Heartbleed and its effects on users

    

You may not know what OpenSSL does, but odds are you rely on it when you enter your credit card number to make a purchase online. The software provides internet security for companies large and small across the web. A recently discovered bug in the software called Heartbleed could mean massive security breaches by hackers and exposure of private information. 

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Business & Economy
9:23 pm
Tue April 8, 2014

Credit Union Merger: Generations And Self-Help

Generations Community Credit Union is located on Main Street in downtown Durham.
Credit Generations Community Credit Union

The credit union landscape has changed a little across North Carolina.  Durham-based Generations Community Credit Union has merged with Self-Help Credit Union.

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Business & Economy
7:34 am
Mon April 7, 2014

High Point Market Open For Furniture Business

High Point Market kicked off with Stanley Furniture announcing it would halt production of its 'Young America' line.
Credit Stanley Furniture

Fashion designers and innovators in the home furnishings world are in High Point this week for the bi-annual market.

More than 2,000 exhibitors fill the furniture and home furnishing showrooms of High Point. 

Kelly Edwards has produced High Point Market videos for the web.  Buyers tell her, “There’s always brass and vintage brass is really hot right now.  Anything antique to brass." 

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Business & Economy
5:00 am
Mon April 7, 2014

Duke And Piedmont Want Another Gas Pipeline

Duke Energy and Piedmont Natural Gas are asking for proposals to build and operate another major natural gas pipeline into North Carolina.
Credit Harald Hoyer / Creative Commons

Two major energy companies want to build a second natural gas pipeline into North Carolina.

Duke Energy and Piedmont Natural Gas are soliciting proposals for a pipeline that could carry 900 million cubic feet of gas per day.

Duke is shifting a significant portion of its energy portfolio from coal into natural gas. Piedmont transports gas for both companies via the Transco line from the Texas gulf.

Piedmont spokesman David Trusty said production was interrupted after Hurricane Katrina. He says the companies want to be able to diversify their natural gas sources.

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Business & Economy
8:52 am
Fri April 4, 2014

GPS Spying? Odometer Fees? NCDOT Considers A Mileage Tax

NCDOT is looking for alternative revenue sources to cover road repairs and upgrades needed to accommodate a rapidly-growing population.
Credit Dave DeWitt

North Carolina's Department of Transportation is considering taxing drivers by the mile to help pay for road construction and upgrades. As cars become more efficient, the gas tax is becoming a less effective revenue source.

The department's Funding and Appropriations Strategies committee – or FAST – has been meeting with leaders and researchers across the state to hear concerns about population growth and potential solutions for insufficient infrastructure.

NC State researchers suggested a revenue model using annual odometer checks or GPS technology to tax motorists.

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Business & Economy
8:44 am
Wed April 2, 2014

Nash Health Joins UNC’s Hospital System

Nash Health Care System in Rocky Mount is the latest hospital to join the UNC Health Care system.
Credit Nash Health Care System

Nash Health Care in Rocky Mount is the newest hospital to join the UNC Health System. Their affiliation agreement allows UNC to manage operations at Nash.

Nash Health CEO Larry Chewning will now be on UNC Health's payroll, but Nash will continue to be governed by its independent board of directors.

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Business & Economy
9:05 am
Tue April 1, 2014

Federal Cuts Could Close 115 Year Old Beaufort Marine Lab

A National Center for Coastal Ocean Science researcher looks into a beaker containing lionfish eggs. Scientists agree NOAA's Beaufort lab has been the site for valuable fisheries research for more than a century. If Congress passes President Barack Obama's budget proposal, the lab will close.
Credit NOAA

If Congress passes the president's proposed 2015 budget, North Carolina's coast could lose a century-old marine lab.

The National Oceanic and Atmospheric Administration's lab in Beaufort is on the chopping block.

Ciaran Clayton is a spokeswoman for NOAA.

“The current cost per year to operate and maintain the facility (is) about $1.6 million per year,” Clayton said. “It's an aging facility and would require additional funding to make those improvements, something that is just not currently in our current budget or in our future budgets.”

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Business & Economy
8:31 am
Mon March 31, 2014

Manufacturers Brainstorm To Reduce, Reuse, Recycle Packaging Materials

More manufacturers are working to make their packaging recyclable or compostable.
Credit gfpeck / Flickr

A growing contingent of manufacturers is working to make products with packaging that won't end up in a landfill.

They'll have a workshop devoted to education and idea-swapping at this week's Zeroing in on Waste Reduction event in Asheville. Carolina Recycling Association hosts the annual conference and trade show, which will gather 700 exhibitors, businesses, speakers and participants.

Diane Davis is the executive director of the CRA. She said making products that limit waste can be cost-effective while being environmentally friendly.

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Business & Economy
5:10 pm
Thu March 27, 2014

VIDEO: Two Marines: Brothers In War And Coffee

Matt Victoriano. Before opening a watering hole in Durham, Matt was a Marine sniper in Iraq.
Matt Victoriano

This is the story of two men. Both Marines. Both served in the Middle East. Both struggled when they returned. One Durham coffee shop brought them together and helped them re-connect to civilian life.

Ryan Wetter did two tours in Afghanistan. He conducted reconnaissance, often under cover of darkness. He is the 19th Marine  in his family to serve since the Korean war. He always knew he'd be a Marine. "Its like telling kids not to be a superhero. You see a superhero running around, that's what you want to be."

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