Business

Cover of 'Business Secrets of the Trappist Monks' by August Turak.
Columbia Business School Publishing

Augie Turak is a successful businessman with two software companies under his belt. For the past 17 years, he’s studied the business strategies of a group of Trappist Monks living in South Carolina.

BBC Radio 4, via Flickr

Margaret Thatcher is as divisive in death as she was in life.  Even as many around the world mourn her loss this week, others celebrate it.  London police are bracing for protests and possible violence at her funeral.

Julia Scatliff O'Grady attended several time management seminars before she started to teach them.  Neither the experience of being a student or a teacher satisfied her interest in how we use time. So she studied several people with unique relationships to time and wrote the new book, "Good Busy: Productivity, Procrastination and the Endless Pursuit of Balance"

North Carolina is the fourth best state in the country for business, according to a new survey from CNBC.

Asma Khalid: According to the CNBC study, North Carolina performed particularly well in the transportation and workforce categories.  Lew Ebert is the president of the North Carolina Chamber of Commerce.

With Congress back in session U.S. Senator Kay Hagan is touting a bill she says will help small businesses. Jeff Tiberii reports.

Jeff Tiberii: The Small Business Jobs and Tax Relief Act of 2012 is expected to come up for a vote this week. Hagan says the legislation has bipartisan support and will accomplish two things.

Kay Hagan: The first is an income tax credit on new payroll. And this is either through hiring new people or increasing current wages and there will be a 10-percent income tax credit to the small businesses.

Businessman Kevin Trapani will tell you that his company, Redwoods Group, does well by doing good.  Redwoods Group recently won an award that validates his claim. B-Lab, an organization that certifies socially responsible companies known as B-corps, named it one of the “Best Companies for the World.”

Walmart Express
Leoneda Inge

There are five new Walmart stores in North Carolina that might make you do a double-take.  They’re mini Walmarts popping up in rural communities, miles away from the nearest Walmart Supercenter.  They’re called Walmart Express and some say they are designed to compete with your corner “dollar” stores that are shining in this down economy.

Leoneda Inge:  We all pretty much know what a Walmart “Supercenter” looks like, aisles for days.  Well, Walmart Express stores run 10 to 15-thousand square feet.   That’s one- tenth the size of a supercenter.

Strip Clubs Pony Up For The DNC

Jun 28, 2012

It's not just city officials and business leaders rolling out the red carpet for the Democratic National Convention in Charlotte. So is the adult entertainment industry. The same thing is happening in Tampa, the site of the Republican National Convention. As WFAE's Tanner Latham reports, strip club owners, managers, and dancers are all hoping to cash in on the excitement.

Durham-based Quintiles has had a strong presence in China for 15 years. Now it is building a headquarters there to serve nearby Asian countries.

Leoneda Inge:  Quintiles is building a 14-million dollar regional headquarters in Shanghai. The bio-pharmaceutical services company that manages clinical trials already has a presence in Beijing and Hong Kong.  Phil Bridges is a spokesman for Quintiles.  He says it was time to significantly expand lab testing capabilities in China.
 

Clothing manufacturer Ralph Lauren has announced it will expand in North Carolina.

Jeff Tiberii: The company plans to add 500 jobs by the end of 2017 while also investing about $100 million. Ralph Lauren is the city’s fourth largest employer and will have nearly 2,000 local workers after these additions. Governor Bev Perdue says the growth is a positive sign for the economy.

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