Business & Economy

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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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Business & Economy
2:10 pm
Thu August 18, 2011

DOT Evaluating NC Ports

The state Department of Transportation says it's considering ways to improve activity at North Carolina's ports. The agency is conducting a study it says is designed to explore options for expansion. The Ports Authority proposed building an international port near Southport in 2006. Opponents citing environmental concerns fear the state will use the study to justify building the mega-port. DOT spokeswoman Greer Beaty says the agency will consider every proposal.

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