Business & Economy

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Business & Economy
4:39 pm
Thu September 1, 2011

Report Finds Rural Roads and Bridges Crumbling

Rural roads and bridges across the country are often unsafe and in need of repair. That's according to a new report by TRIP, a national non-profit research group out of Washington. The report finds traffic deaths are around three times likelier on rural roads than all other roads. 907 people died on rural roads in North Carolina in 2009. That's the third highest total in the country.

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Business & Economy
6:30 am
Wed August 31, 2011

Irene Hits Agriculture Hard

Agriculture officials say most of North Carolina’s biggest and most profitable farming operations are in the state’s coastal region that was hit hard by Hurricane Irene.  

Tobacco was one of the hardest hit crops during Hurricane Irene – a 750-million dollar industry.  Brian Long is with the state Agriculture Department.

Brian Long:  "If you think about how much tobacco was still out there, yet to be harvested, and then, Irene’s wind and rain just did a really big number on that crop."

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Business & Economy
8:18 pm
Wed August 24, 2011

Out of Work State Employees

The roster of laid-off State Employees continues to grow.   A new center has opened to specifically help them get back on their feet.

Margaret Jordan is spokeswoman for the Office of State Personnel.  She says this is the first time the state has needed to open its own Career Transition Center.

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Business & Economy
5:45 am
Tue August 23, 2011

NC Agriculture Top Industry

North Carolina agriculture continues to grow – despite the down economy.

N-C State Agriculture Economist Mike Walden told Agri-business leaders today in R-T-P – the state’s Ag Industry generates nearly 70-billion dollars for North Carolina’s economy.

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Business & Economy
1:22 pm
Fri August 19, 2011

Marketing in the New Retail Industry

Marketing professionals are helping launch a program at Wake Forest University designed to explore new ways to appeal to consumers. The school says it's partnering with marketing companies to teach students how the retail industry is changing. The project's executive director Roger Beahm says online purchases are increasing, which changes the way manufacturers have to present their products.

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Business & Economy
5:30 pm
Thu August 18, 2011

Cree Acquires LED-Making Competitor

Credit cree.com
Cree's LED streetlights on Franklin St. in Chapel Hill

Durham-based LED light maker Cree is acquiring one of its competitors. The company announced it's buying Wisconsin-based Ruud Lighting for around $525 million. Commercial industries have been moving towards L-E-D lighting because it uses less energy and is less costly to maintain. Cree spokeswoman Michelle Murray says Ruud's experience selling outdoor lighting will complement Cree's lineup of indoor lighting fixtures.

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