Reynolds American and Lorillard, two of the country’s biggest tobacco producers, announced a merger yesterday that is expected to reshape the tobacco industry. 

Assorted pharmaceuticals
creative commons


A recent deal between the biopharmaceutical companies GlaxoSmithKline and Novartis may mean more jobs and more attention for the Research Triangle. Plus, the $1.1 billion sale of Furiex pharmaceuticals increases possibilities for investment in the area. Meanwhile, Mooresville's Vestiq Holdings, a much smaller pharmaceutical company, is filing for bankruptcy. 

An employee performs quality control on clothing made at the Mortex textile mill in Wendell, North Carolina
USDAgov, via Flickr


For decades, the textile industry was an essential part of North Carolina’ economy. But the industry took a huge hit in the early 2000s due to outsourcing and high rates of automation.