Tagged: Kay Hagan

Tens of thousands of furniture retailers, buyers and journalists from more than 100 countries are in High Point this week for the bi-annual High Point Market.  Those in the furniture industry say business is up this year across the country.   That is good news for a state like North Carolina that has been tied to the industry for generations.  Changing Economy Reporter Leoneda Inge visited a showroom in High Point that’s getting a lot of attention this year.

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.

Senator Kay Hagan toured UNC Children's Hospital yesterday as part of a push for her bill that would streamline approval of treatments for serious and rare diseases.

Hagan says the Food and Drug Administration needs to find faster ways to get treatments to patients suffering from rare diseases.

Some minority owners of small businesses met with U.S. Senator Kay Hagan to chat about challenges they face and opportunities available to help them prosper. The North Carolina Democrat brought a member of the Small Business Administration to hear how owners are falling short in the marketplace. Leah Brown is president of medical research firm A10 Solutions in Cary. She says they try to compete for big-money contracts, but it is a challenge to find qualified workers