Business & Economy

Business & Economy
5:00 pm
Thu March 17, 2011

Garner Citizen Halts Circulation

A local newspaper called The Garner Citizen is no longer circulating. Owners say their revenue wasn't keeping up with production costs. Officials with the Audit Bureau of Circulations say newspaper circulation nationwide dropped nearly 9 percent last year. The last print edition of the Garner Citizen was delivered yesterday morning. Founder and executive editor Barry Moore says the paper was losing subscribers as fast as it gained them:

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Business & Economy
5:30 am
Tue March 15, 2011

Public Forum On Innovation & Entrepreneurship

Some of the top innovative thinkers in the country will gather this morning at U-N-C Chapel Hill. The Obama Administration chose this spot to kick-off a series of public forums on Innovation and Entrepreneurship. 

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Business & Economy
5:00 pm
Thu March 10, 2011

NC Jobless Rate Up Slightly In January

North Carolina’s jobless rate inched up a bit during the month of January. The latest numbers were released today.

Business & Economy
4:21 pm
Wed March 9, 2011

Survey: CFOs More Optimistic About The Economy

Chief financial officers in the US have a more optimistic outlook about the economy. That’s according to a new survey from Duke University and CFO Magazine. It finds optimism among CFOs to be at its highest level since early 2007.

John Graham is a finance professor at Duke and the director of the survey:

"Things are looking up. There are still a couple of worries. One is employment. Employment is expected to increase, but slowly. So we don’t expect to see too much of a decrease of the unemployment rate next year. A new worry is inflation."

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Business & Economy
4:45 am
Wed March 9, 2011

Chatham County Scales Back Green Building Requirements

The Chatham County Board of Commissioners has votedto ease energy efficiency regulations for new and renovated county buildings. The decision repeals a policy that required any county construction projects of 20,000 square feet or more to include certification from Leadership in Energy and Environmental Design. Commissioners say the new policy will save money by allowing for more ways to design the county's new judicial facility.  Chatham County manager Charlie Horne believes the county can maintain a high standard of energy efficient buildings without having LEED certification.

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Business & Economy
5:08 pm
Mon March 7, 2011

Ferry Improvements Coming for Cape Lookout

Cape Lookout Lighthouse
Credit National Park Service

Ferry Service on the southern end of the Cape Lookout National Seashore will be getting an upgrade. Officials are planning new passenger service to the Shackleford Banks and Cape Lookout Lighthouse from either Beaufort or Morehead City. Wouter Kaytel from the National Park Service says the NPS plans to join forces with either of the two communities to streamline services and offer contracts to potential vendors. A public meeting will be held tomorrow night to gather feedback from residents.

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Business & Economy
7:00 am
Mon March 7, 2011

Agriculture Leaders Head to China

North Carolina’s Commissioner of Agriculture is in China this week. This is the second trip to that country since 2009. 

Ag Commissioner Steve Troxler doesn’t necessarily like the long air plane trip to China.   But he says it’s worth it.  Troxler says after the 2009 trade mission – China increased its purchase of North Carolina tobacco by close to 40-percent.  Sales of soybeans and cotton also increased.

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Business & Economy
4:40 am
Mon March 7, 2011

SECU Offers Help in Light of Possible Layoffs

The State Employees' Credit Union is preparing to help people who may be laid off as part of North Carolina's attempt to balance the state budget. The Credit Union is updating its mortgage assistance program to help more people stay in their homes. Mark Coburn is the senior vice president of loan servicing for the Credit Union. He says partial payments, rate modifications and extending the term of mortgages can all help.

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Business & Economy
4:00 pm
Fri March 4, 2011

Toll Rate for Triangle Expressway Set

n
Credit ncturnpike.org

State transportation officials say drivers will pay 15 to 24 cents per mile to drive on the Triangle Expressway when it's complete. The North Carolina Turnpike Authority announced this week drivers will be charged electronically to use the road. The state will start selling transponders this fall that connect to a prepaid account. Sensors on the road will deduct 15 cents per mile along the way. Drivers don't have to buy a transponder, but cameras will photograph their license plates and send a bill through the mail for 24 cents per mile. 

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Business & Economy
7:00 am
Thu March 3, 2011

Census Shows NC Still Growing

The 2010 Census numbers are out for North Carolina.  It’s no surprise – we’re still growing. There are now 9-point-5 million people living in the state – an increase of 18-point-5-percent. Metropolitan areas including Charlotte, Raleigh, Winston-Salem and Wilmington witnessed tremendous growth this past decade.  Experts say the latest numbers show North Carolina is becoming increasingly more urban and metropolitan. 

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