Business & Economy

Business & Economy
5:35 am
Tue June 7, 2011

Input Sought for West Triangle Transportation

Transportation issues will be the focus of a series of public meetings this week in Durham, Chapel Hill and Hillsborough. State and local officials are trying to deal with clogged roads and highways with plenty of growth still to come. Andrew Henry is a transportation planner for the Durham, Chapel Hill, Carrboro Metropolitan Planning Organization. He says there are at least two answers to the problem.

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Business & Economy
8:36 am
Mon June 6, 2011

Water Report Criticizes Private Companies

A non-profit organization has released a report that claims private utilities are not providing affordable or healthy water to some small communities in North Carolina. The report from Clean Water for North Carolina says private companies charge their customers using a system called single tariff. It allows them to raise rates if they make more investments in water systems. Katie Hicks is the lead author of the report.

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Business & Economy
5:50 pm
Tue May 24, 2011

Rebuilding Starts on Sanford Lowe's Hit by Tornado

A Lowe's home improvement store in Sanford all but leveled by the April 16th tornados will be rebuilt. Construction will begin May 25th at the same site where Lowe's employees rushed customers to safety as the tornados approached. Bob Bridwell is the Director of Planning and Development for Sanford and Lee County.

Bob Bridwell: "Lowes is the symbol of our storm damage here in Lee County. It's also the symbol of our recovery. So seeing this come back to life for the rest of the town I think is extremely important."

Business & Economy
5:45 pm
Tue May 24, 2011

Old is New Again for Cooperative Extension Service

The state extension's division of Family & Consumer Sciences is celebrating 100 years of service. What was first called 'Home Demonstration' and later 'Home Economics' has undergone many changes since 1911. Carolyn Dunn is the state's associate program leader for Family and Consumer Sciences. She says in many ways, the program has come full circle.

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Business & Economy
4:59 pm
Thu May 19, 2011

New Capitol Area Transit Bus Facility

Officials gathered in Raleigh today to christen a new Capitol Area Transit operations and maintenance facility. The facility is needed to accommodate a rise in demand on the city's bus fleet.

Andrew High is from congressman David Price's office. He says the money for the maintenance facility came from federal funds. High says it will help with more people using public transportation.

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Business & Economy
3:21 pm
Thu May 19, 2011

To Tax Or Not To Tax?

Gov. Bev Perdue
Credit bevperdue.com

  Governor Bev Perdue is finishing up a whirlwind tour of the state this week, touting the importance of public education. She is on the road as the state legislature considers cutting the education budget by nearly $1 billion.

At the center of the debate is a temporary one-cent sales tax. Enacted in 2009, it is set to end in June. Republicans want to let it lapse, the Governor and education advocates want it continued.

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Business & Economy
5:00 am
Wed May 18, 2011

Repair Planned for Hope Mills Dam

Town commissioners in Hope Mills have a plan for repairing the broken Hope Mills Dam. The dam failed last June leaving the Hope Mills Lake dry. The town's attorney presented the plan during a commissioner's meeting this week. It calls for repairing the existing dam rather than building a new one. The companies that built the dam will repair it at their expense. Mayor Eddie Dees says he's happy to have the plan.

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Business & Economy
5:30 am
Mon May 16, 2011

DOT Identifies Safety Needs for Bikers, Pedestrians

The state Department of Transportation has released a survey that identifies a need for improving bicycle and pedestrian safety. Nearly three quarters of respondents said they don't feel safe biking through their communities on a daily basis. That number was about 50 percent for pedestrians. The survey identified a lack of bicycle lanes and sidewalks as the top safety issue. But DOT spokeswoman Julia Merchant says there also needs to be a mutual respect among drivers, bicyclists and pedestrians.

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Business & Economy
6:01 pm
Fri May 13, 2011

Tanger Celebrates 30th Anniversary at NYSE

Tanger Factory Outlet Centers is spending the month of May celebrating its 30th Anniversary and its success as a top builder of outlet malls. Shareholders met today in New York for their annual meeting. 

 What better way to celebrate than by ringing the closing bell at the New York Stock Exchange. Steven Tanger rang the bell yesterday.  He’s President and C-E-O of Greensboro-based Tanger Factory Outlet Centers.  

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Business & Economy
6:00 am
Fri May 13, 2011

Tanger Outlets Turns 30

Outlet malls have been a big hit with bargain shoppers this millennium. Those following the industry say the up-and-down economy has resulted in leaner shoppers who demand a deal. The Tanger Family of Greensboro gets a lot of credit for developing the concept of brining up-scale retail merchandise to the suburbs, highways and by-ways. And yesterday – Tanger Outlets celebrated its 30th Anniversary at its retail outlets across the country.  

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