Business

Politics & Government
8:40 am
Mon July 28, 2014

Durham County Library Has An $87,000 Book Sorter

This book sorter at the Southwest Regional branch of the Durham County Library cost $87,000
Durham County Public Library

A friend of mine sent me this note recently: "Apparently the Southwest branch of the Durham public library has an insane automatic book sorter worth 180K."

I checked into it and I can report that it did not cost $180,000, nor is it insane. It's actually pretty cool.

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All Tech Considered
11:53 am
Tue July 15, 2014

Comcast 'Embarrassed' By The Service Call Making Internet Rounds

Comcast is the largest cable company and home Internet service provider in the United States.
Matt Rourke AP

Originally published on Wed July 16, 2014 2:38 pm

When a customer service call is described as "Kafkaesque" and "hellish," you pretty much know how it's going to go down before even taking a listen. But in case you haven't heard the condescending, tedious call that's lit up the Internet, here it is:

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The State of Things
11:20 am
Thu July 10, 2014

Dirty Business

Michael Christian
Credit kenan-flagler.unc.edu

Business professor and researcher Michael Christian

Former stockbroker Bernie Madoff and former New York Times journalist Jayson Blair share infamy for their unethical business decisions.

A new report considers the psychology behind these transgressions and shows that misdeeds tend to escalate into larger scandals over time.

Life's difficult choices rarely present themselves in one dramatic question or one big decision. Instead, our most important choices in life, including ethical ones, present themselves in small baby steps.

-Jayson Blair  

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Business & Economy
7:58 am
Tue July 1, 2014

Raleigh Considers Making Businesses Remove 'Ad Cars' From Roadside

Some businesses wrap a car in their advertising and park them by the road to double as a sign.
Credit Nicolelajones / Wikipedia

The Raleigh Planning Commission wants to close a loophole in the city's sign ordinance. This morning, they'll present a proposal to the City Council that would force businesses to move vehicles emblazoned with company information away from the street.

The measure would require the vehicle to be parked behind the building or near the entrance to the business.

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Politics & Government
8:31 am
Fri June 27, 2014

Iron Man 3, Hunger Games, Homeland, And The Tax Incentives To Film Them In NC

The TV show Homeland, and the movies Iron Man 3 and the Hunger Games were filmed in North Carolina.
Credit Showtime, Marvel Studios, Lionsgate

North Carolina could see fewer hits like Iron Man 3 or Homeland filmed in the state. That’s because tax incentives that encourage the film industry to make movies here are set to expire in January. Some lawmakers are trying to pass a measure that would give grants to the film industry to keep production companies here. But while budget negotiations are underway, time is running out to pass legislation.

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Business & Economy
2:18 pm
Tue June 24, 2014

[VIDEO] Alamance County Dairy Farmer Has Innovative Idea That Might Save Farm

Ran-Lew Dairy bottles milk on the farm. They are the 6th in the state to do so.
Mike Oniffrey

Randy Lewis almost lost the family dairy farm in 2009. The price of milk had bottomed out, and costs for feed, fertilizer and fuel had gone sky-high.

"It was either find some other way to make money or sell the cows and quit," he says.

But Randy had an idea that might just save the farm. He's bottling milk right on-site. Of the 150 dairy farmers in the state, only five bottle their own milk. And Randy's figured out how to do it without shelling out a lot of money.

Watch the story here:

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Business & Economy
8:21 am
Fri June 6, 2014

Raleigh Controls The Writing On The Wall

The second-floor Rockford restaurant in Raleigh could have to paint over its sign because it doesn't comply with the city's sign ordinance.
Credit Shop Local Raleigh

The Raleigh City Council has created a task force to review the city's sign ordinance. The measure determines what signs certain businesses can have, what they look like, and where they put them.

Raleigh recently overhauled its planning code, but didn't change the sign ordinance much. Local businesses and associations have complained that the rules are too restrictive. This week, Raleigh appointed 11 business people and residents to study the issue.

Planning and zoning administrator Travis Crane says he's looking forwards to what the task force finds.

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Business & Economy
8:42 am
Tue May 6, 2014

The South And Canada 'Do Business' Face To Face

NC on display at SEUS CP conference at Raleigh Convention Center.
Credit Leoneda Inge

The business-to-business matchmaking continues today at the Raleigh Convention Center where the leaders from southern states and regions of Canada will try to make deals.

It’s the first time the Southeastern U-S Canadian Provinces Alliance or, "SEUS CP," has met in North Carolina.  

The kick-off to the conference had fingers snapping and heads rocking as musicians jazzed up the meeting room, welcoming dignitaries to the conference.

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Planet Money
3:38 am
Mon May 5, 2014

Seeking A Fortune Through Search Funds

Alex Livingston and Eddie Santillan have convinced investors to fund their salary and expenses while they look for a solid company with good earning potential.
Courtesy of Isabel Angell

Originally published on Mon May 5, 2014 10:54 am

Alex Livingston graduated from Harvard Business School last year. He was offered a pretty sweet job at a startup, but he turned that down in favor of something a lot more ambitious.

He's 27 years old, and he wants to be a CEO, not in 15 years but now. He and his business school classmate, Eddie Santillan, knew they wanted to run a company together. They just didn't know which company. So they went to investors and asked them to be their partners — to give them some money so they could find a company to buy. If the company did well, the investors would, too.

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The Two-Way
4:32 pm
Sat May 3, 2014

GM Fuel Gauge Recall Affects Thousands Of SUVs

A new GM recall over defective fuel gauges affects the 2014 Buick Enclave (seen here), along with the Chevrolet Traverse and GMC Acadia.
AP

Weeks after issuing recalls for safety problems in some of its most popular cars, GM says it needs to fix defective fuel gauges that can give SUV drivers little or no warning their vehicle might run out of fuel. GM's latest recall potentially affects 51,640 SUVs that were built in 2013.

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