June 2013
NC Trend
N.C. Employment
North Carolina's 9.2% unemployment rate in March continued to eclipse the nation.
Special Reports and Publications
N.C. Mid-Market Fast 40
A listing of some of the fastest-growing middle-market companies in the state. 2013 Nominations now being accepted.
Small Business of the Year
2013 marks the 18th year Business North Carolina magazine will choose a Small Business of the Year to honor the contributions small businesses make to our state’s economy.
NC's Best Golf Courses
For the sixth consecutive year, the North Carolina Golf Panel is proud to partner with Business North Carolina in publishing rankings of the best golf courses in what we believe is the best state for golf.
The Legal Elite
Since 2002, Business North Carolina magazine has honored Tar Heel lawyers by publishing Business North Carolina's Legal Elite, a listing of the state's top lawyers in business-related categories.
North Carolina Economic Development Guide
The established source for of information for businesses considering expansion or relocation to North Carolina.
Daily Digest
Charlotte airport's hub status not guaranteed in airline merger
(The Charlotte Observer)
Although US Airways executives have assured Charlotte's airport that it will remain a hub once it merges with American Airlines, Senate testimony revealed that there is no formal agreement. One scenario posited by the Government Accountability Office is that the Southeast hub could shift to Miami.
Navassa chemical plant closing will eliminate 600 jobs
(StarNews, Wilmington)
Charlotte-based DAK Americas will close its chemical plant in Navassa, a small Brunswick County town, eliminating 600 jobs when it's shuttered in September. Of those, 350 are full-time workers and 250 are contract workers.
Report: BofA not following mortgage settlement rules
(The Charlotte Observer)
A report from the monitor of last year's $25 billion mortgage settlement revealed that Charlotte-based Bank of America is not following all of the mortgage-servicing rules it agreed to as part of the settlement. It failed two tests: one that requires correct information be sent to homeowners before foreclosure proceeds and another mandating them to tell homeowners working on a loan modification if they've sent in the correct documents within five days.
Cone Health to lay off 150
(News & Record, Greensboro)
Greensboro-based Cone Health will eliminate 300 jobs -- 150 of them filled -- as part of an attempt to cut $30 million from its annual budget. Chief Operating Officer Terry Akin blamed the new federal health-care law, sequestration and the state's decision not to expand Medicaid, saying health care is "under siege" in the country.
Racial Justice Act appeal official
(The Fayetteville Observer)
Gov. Pat McCrory signed a bill that repeals the state's landmark Racial Justice Act, a law that allowed death-row inmates to appeal their sentences for a life term if they could prove using statistics and other evidence that race played a part in their sentence.
Lawmakers step closer to raising maximum speed limit
(The News & Observer, Raleigh)
A bill that would let North Carolina raise its speed limit on highways to as high as 75 mph passed a House committee despite some worries that drivers will use the new rule to go upward of 85 mph on those stretches of road. The current maximum is 70 mph.
Perdue to start education-consulting firm
(The News & Observer, Raleigh)
Former Gov. Beverly Perdue will open an education-consulting business in Chapel Hill after completing her teaching fellowship at Harvard University's Kennedy School of Government. She is also working on a biography.
Former Gov. Holshouser dies
(The News & Observer, Raleigh)
Former Gov. Jim Holshouser, a Republican elected in 1972, died Monday after a long illness. The 78-year-old was known for helping the GOP reclaim political relevance and for establishing the UNC system Board of Governors.
Events
NCTA Leadership Conference
Hosted by NCTA Board of Directors, the Leadership Conference convenes leaders from across North Carolina to explore the state of the tech sector, as well as how technology drives sales and integrates leadership teams.
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