Business & Economy

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.

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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.

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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.

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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.

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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.

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Business & Economy
6:30 pm
Wed September 7, 2011

Bowles Friends Facebook

Former U-N-C President Erskine Bowles will speak on campus tomorrow about the deficit and taxes. He may also chat about his cool new appointment.

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Business & Economy
10:00 am
Wed September 7, 2011

Chief Marketing Officers Spend on Social Media

Marketing executives say they’re hiring and they’re increasing social media budgets.

Chief Marketing Officers questioned for the bi-annual C-M-O Survey, say they plan on spending about 10-percent of their budgets on social media.  That’s an increase of three-percent.  Christine Moorman is a professor at Duke’s Fuqua School of Business and director of The C-M-O Survey.  She says the increase shows companies are trying to figure out how to integrate social media with the rest of their strategy.

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Business & Economy
6:00 am
Tue September 6, 2011

Greensboro Pushes "One Job" Initiative

The city of Greensboro is taking a lesson from Atlanta on how to help spur job growth in its community. 

Deborah Hooper is president of the Greensboro Chamber of Commerce.  And she says the feed-back has been positive since announcing the new initiative – "One Job For Greensboro.”  The idea is for all 16-thousand employers in the city to add at least one full-time worker to their rolls in the next year.

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Business & Economy
5:38 pm
Fri September 2, 2011

Temporary Bridge Planned for NC 12

State officials plan to install a temporary bridge on Hatteras Island's North Carolina Highway 12. Hurricane Irene caused a number of breaches along the road, and the structure will be erected across the largest such impasse. Greer Beatty is a spokeswoman for the North Carolina Department of Transportation.

Greer Beatty: "We're bringing in a temporary bridge, we've already ordered it. It's being shipped right now in trucks, it'll take about 35 truckloads to get all of it here, and we'll get it assembled and put it into place."

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