5 questions for Flaviu Simihaian

Flaviu Simihaian is the CEO and Co-founder of Troy Medicare, a health insurance startup for seniors that puts pharmacy at the center of health care. Flaviu was born in Romania and moved to Concord when he was 14 to play tennis, which he continued playing at Davidson College and professionally briefly. He then co-founded Amplicare, […]

Sponsored: Greenville-Pitt County Chamber of Commerce grows future workforce with new initiative

This content is brought to you in partnership with the city of Greenville.  Molding young minds is often called the key to developing the future workforce. The Greenville-Pitt County Chamber of Commerce launched their first annual Grow Local campaign to accomplish that purpose. The week-long initiative, which took place March 18-22 in conjunction with North […]

Rowan County labor market lured Chewy, EDC chief says

Online pet food retailer Chewy plans a 1,200-employee fulfillment center in Salisbury, marking the biggest jobs announcement in Rowan County history. Attracting the 700,000-square-foot, $55 million project is a big win for the county located halfway between Charlotte and the Triad. And it marks a victory for Rodney Crider, who joined the Rowan Economic Development […]

5 questions for Josh Ward

Josh Ward is a director of public affairs for the National Association of Manufacturers, a Washington, D.C.-based trade association that represents thousands of manufacturers across the country. Josh represents NAM in the Carolinas and Virginia and works with NAM membership in those states to advocate for solutions to federal public-policy issues important to the manufacturing […]

Atrium Health, Wake Forest Baptist in merger talks to create $13 billion institution

Atrium Health, North Carolina’s largest health care system, has signed an agreement to discuss combining with Winston-Salem-based Wake Forest Baptist Health, the companies said today. The plan is to start “exclusive negotiations with the goal of entering into a final agreement later this year,” according to a press release. Financial and operational details were not […]

Opinion: Fritz Hollings’ remarkable life

Ernest “Fritz” Hollings, who served in the U.S. Senate for 38 years and just died at 97, was an incredible leader and politician. He represented the best of South Carolina, which would have been even more on the wrong side of history on racial issues without his efforts, as this excellent story notes. He was […]

Ex-Wells Fargo managing director starts N.C. office for Bannockburn Global Forex

Former Wells Fargo Securities foreign-exchange executive Nick Omirly recently opened a Charlotte office for Bannockburn Global Forex, LLC, a foreign exchange solution provider based in Cincinnati. He has more than 30 years experience in global currency markets, including stints at Bank of America and Barclays Bank. Bannockburn has partners in 10 U.S. offices across the […]

Late in cycle, private equity pros stay bullish

By Mike MacMillan About 250 private-equity professionals gathered last week for the 12th annual Alternative Investments Conference, hosted by the Institute for Private Capital at UNC Chapel Hill’s Kenan-Flagler Business School and the student-led private-equity club. This year’s theme: “Positioning portfolios for the late-stage cycle environment.” Among the topics discussed at the packed event were […]

5 questions for Rodney Blevins

P. Rodney Blevins is president and chief executive officer of the Southeast Energy Group. He oversees Dominion Energy’s regulated businesses serving nearly 1.7 million electric and gas utility accounts in North Carolina and South Carolina and approximately 400,000 competitive and regulated gas supply accounts primarily in Georgia. Blevins joined Dominion in June 1987 as an […]

Report: ECU finances show waning cash flow

East Carolina University is experiencing sharply declining cash flow as it seeks to hire a new chancellor, according to an internal report that is under discussion by officials of the campus and UNC System. The unaudited report shows that ECU is projected to report a $28 million decline in cash flow in the fiscal year […]

Raleigh ad exec launches mystery novel

  Jeremy Holden is president and chief strategy officer of Raleigh-based branding agency Clean, but he’s also an accomplished author, speaker and adjunct professor at UNC Chapel Hill. Holden recently published Halo of Power, his third mystery novel. It’s the latest in a series centered around character Mal Thomas, who Holden describes as “an advertising […]

Sponsored: Investment in employees attracts best talent

This content is brought to you in partnership with Branch Builds, which provides professional construction management services on a diverse array of projects to a broad range of private and public-sector owners. As the economy continues to grow, the competition for new employees remains fierce throughout North Carolina and around the country. The construction industry […]

5 questions for Catherine Truitt

This content is brought to you in partnership with WGU North Carolina, an accredited online university offering affordable and personalized online bachelor’s and master’s degree programs. WGU North Carolina Chancellor Catherine Truitt joined the online university after serving as associate vice president of University and P-12 Partnerships at UNC General Administration, providing support for public […]

5 questions for Amor Towles

Born and raised in the Boston area, Amor Towles graduated from Yale and received his master’s in English from Stanford University. His first novel, Rules of Civility, was a New York Times bestseller and was named by The Wall Street Journal as one of the best books of 2011. His second novel, A Gentleman in […]

Barron’s picks for best N.C. wealth managers

Barron’s magazine annually ranks some of the nation’s best financial advisers based on assets under management revenue generated and a subjective view on the quality of practice. Magazine editors study regulatory reports, company documents and a detailed survey completed by participants. These are the 30 N.C. brokers that made this year’s ranking and how much […]

5 questions for Chuck Flink

Chuck Flink, president of Greenways Inc., is an author, landscape architect and environmental planner. He was recently awarded the Watauga Medal by N.C. State University, the highest non-academic award bestowed by the university, in recognition of his service and leadership. Chuck is nationally and internationally known for his work planning and designing greenways and open-space […]

Lumberton hospital is seeking a partner, Robesonian newspaper reports

Southeastern Health, the main health care provider for Robeson County and its surrounding area, is looking for a partner to maintain its financial stability and better meet the region’s needs, according to The Robesonian newspaper. Southeastern is one of North Carolina’s few remaining independent hospitals. It employs 2,600 people in the southeastern N.C. county known […]

Sponsored: Public, private sector construction projects require skill, trust

Rendering for the Branch Builds’ project on Sun Valley High School, which includes additions and renovations. This content is brought to you in partnership with Branch Builds, which provides professional construction-management services on a diverse array of projects to a broad range of private and public-sector owners. Modern construction projects are no easy feat. Despite […]

Sponsored: Ten tips for studying online

This content is brought to you in partnership with WGU North Carolina, an accredited online university offering affordable and personalized online bachelor’s and master’s degree programs. As of February 2019, Western Governors University has more than 113,000 students enrolled nationwide, including more than 3,100 in North Carolina. About 73% of them report that they work […]

Sponsored: Branch Builds plans expansion in Charlotte, new N.C. projects

Image: Branch Builds’ Cabarrus County High School project in Charlotte will boast a variety of dynamic learning spaces and a cutting-edge auditorium, gym, and CTE labs with a focus on aerospace, logistics/transportation, drafting, and construction trades. This content is brought to you in partnership with Branch Builds, which provides professional construction-management services on a diverse array […]

You oughta know: Deloitte’s John Giannuzzi

Duke University graduate John Giannuzzi has spent his 35-year career in Charlotte working for two public accounting giants. On April 1, he succeeds Theresa Drew  as managing partner of Deloitte’s Carolinas practice. Drew has had the post since 2010 and is retiring June 1 after 40 years at Deloitte. It’s one of the world’s largest […]

Sponsored: WGU North Carolina, USO of N.C. to offer eight military scholarships

This content is brought to you in partnership with WGU North Carolina, an accredited online university offering affordable and personalized online bachelor’s and master’s degree programs. WGU North Carolina and the United Service Organization of North Carolina are teaming up on a new scholarship program that will benefit the state’s military community. The Military Service […]

Cheers all around: Goldsboro’s Jeffreys family inks record beer-industry deal

The biggest sale of an Anheuser-Busch distributor in U.S. history just occurred in North Carolina. Goldsboro-based R.A. Jeffreys Distributing Co. LLC, which started distributing A-B beers in 1923, was acquired by three different N.C.-based distributors. The company sold Budweiser and other products to retailers throughout most of eastern North Carolina, including Raleigh, Greenville and Wilmington. […]

Sponsored: Incorporating accommodations for pregnant employees benefits everyone

This content is brought to you in partnership with Family Forward NC, an innovative initiative to improve children’s health and well-being and keep North Carolina’s businesses competitive. Register for the Family Forward NC Summit to learn how your business can attract and retain top talent while developing the workforce of tomorrow.     Pregnancy can be […]

Sponsored: Four reasons NC employers should consider offering paid leave

This content is brought to you in partnership with Family Forward NC, an innovative initiative to improve children’s health and well-being and keep North Carolina’s businesses competitive. Register for the Family Forward NC Summit to learn how your business can attract and retain top talent while developing the workforce of tomorrow.     While the United […]

Will NC Commerce wrest some control from state economic-development group?

Based on frequent expansion announcements and magazine ratings, economic development seems to clicking in North Carolina. Still, an undercurrent of dissatisfaction with the process of attracting new investment is sparking some intrigue. In 2014, the state formed a public-private Economic Development Partnership of North Carolina to take charge of business recruitment and tourism marketing. Gov. […]

5 questions for Mac Lackey

Mac Lackey is a Charlotte-based entrepreneur who has built and sold five companies that have been featured on CNN and in The Wall Street Journal, Fast Company, Business North Carolina, USA Today and The New York Times. Notable ventures include: KYCK, acquired by NBC Sports; Mountain Khakis, acquired by Remington; and iSoccer Network, acquired by […]

Sponsored: Five ways it pays for employers to provide on-site child care

This content is brought to you in partnership with Family Forward NC, an innovative initiative to improve children’s health and well-being and keep North Carolina’s businesses competitive.  Register for the Family Forward NC Summit to learn how your business can attract and retain top talent while developing the workforce of tomorrow. Who, when, where and […]

Sponsored: Five reasons why businesses are adopting flexible work hours

This content is brought to you in partnership with Family Forward NC, an innovative initiative to improve children’s health and well-being and keep North Carolina’s businesses competitive.  Register for the Family Forward NC Summit to learn how your business can attract and retain top talent while developing the workforce of tomorrow.   Family-friendly workplaces are […]

Stan Kelly: Carolina Core is the future of N.C. growth

Posted Feb. 6, 2019 The next engine of transformational economic growth for North Carolina lies in the Carolina Core — an emerging megasite corridor between Winston-Salem and Fayetteville, in the heart of the state, which bridges the urban corridor with Charlotte and the Research Triangle. The development of four megasites comprising more than 7,500 acres, […]

Andy Dinkin’s gasket groove

Devoted Tar Heel football fans will remember Andy Dinkin as a three-year letterman whose main job was to clear a path for UNC Chapel Hill’s star running back Natrone Means. Since hanging up his cleats, Dinkin has mainly focused on Charlotte-area commercial real-estate leasing and development. But with real estate sagging during the 2007-09 recession […]

5 questions for Kim Hufham

Kim Hufham is President and CEO of the New Hanover County Tourism Development Authority, which does business as the Wilmington and Beaches Convention & Visitors Bureau. The authority is the official destination marketing organization that stimulates economic development through the promotion of travel and tourism. What do you like best about your job? I am […]

Plug pulled on proposed Statesville bank

Raising money for community banks in North Carolina was never a snap, but it became fairly routine as key managers of big institutions broke off to start their own lenders. The banking depression of 2007-09 changed things. The proposed Spirit Community Bank, a Statesville startup which had hoped to raise $20 million to $30 million […]

41 Novant doctors taking flight for new venture

Forty-one physicians at Novant Health are leaving the $4.6 billion health care system to start their own independent practice, following a similar, highly publicized move last year at Atrium Health. Novant, which gets most of its revenue in the Charlotte and Triad metro areas, is “revising our business relationship,” with the 41 physicians, system spokeswoman […]

‘X-factor’ weakness hurt NC in Apple job hunt, site-selection expert says

Tom Stringer heads the New York-based site-selection and business incentives practice at BDO, one of the nation’s biggest accounting firms and operator of offices in Charlotte and Raleigh. He’s helped clients gain more than $2.2 billion in incentives over his career. We talked with him about Apple’s decision to put several thousand jobs in Austin, […]

Too much obesity, fewer smokers and 6 other things to know about N.C. health

North Carolina ranked No. 33 in United Health Foundation’s annual report that examines health trends in the U.S. (Hawaii was the healthiest state; Louisiana ranked as the least-healthiest.) After combing through the study, here are the 8 things to know about health in the state. 1. The areas that have challenged N.C. over the last year […]

CEO Summit: Executive Board Profile: Joe Woods, CEO, ECMD Inc.

Disruptive behavior North Wilkesboro-based ECMD is an entrepreneurial success story. Started in 1982 by Allen Dyer, it has become among the nation’s largest suppliers of moldings and stair parts. In his 2 years as CEO, Joe Woods has enhanced a strong culture and solid business strategy, having previously held senior posts at Lowe’s Cos. Revenue has […]

5 questions for Ann Begnaud

Ann Begnaud is the new personal lines practice leader at HUB Carolinas, the regional arm of HUB International, the world’s sixth-largest insurance, benefits and risk services brokerage firm. Ann will be responsible for creating and implementing strategies to retain and drive new business throughout the firm’s Carolinas offices. Most recently, Begnaud served as part of […]

9 fast facts about Atrium Health

Today marked the quarterly meeting of the governing board of Atrium Health, the biggest health-care provider in North Carolina. Here are 9 fast facts about Charlotte’s Atrium based on today’s meeting: 1. CEO Gene Woods says he’s “most concerned” about the impact of State Treasurer Dale Folwell’s efforts to cut spending on the N.C. State […]

5 questions for Ian Phillips

Ian Phillips is a co-founder of Chapel Hill-based startup Localfit, a fitness network designed for business travelers. Ian graduated from UNC Greensboro with a degree in business administration and earned a law degree from Elon University. Before joining the founding team at Localfit, Ian was director of development and acquisition at Greensboro-based real-estate development firm […]

ECU chancellor denies that he’s resigned, heads to Orlando meeting

East Carolina University Chancellor Cecil Staton will leave his post on Jan. 1, the Raleigh-based Carolina Journal online website reported today, citing anonymous sources. In response, ECU spokesman Tom Eppes said via e-mail, “Chancellor Staton is currently en route to Florida, where he will be representing ECU at the [American Athletic Conference] Board of Directors […]

5 questions for Brian Bednar

Brian Bednar is founder and president of Charlotte-based Birdseye Renewable Energy. The Queen City native graduated from UNC Chapel Hill with degree in business administration and earned an MBA at the University of Virginia. Brian has worked in in agribusiness, real-estate brokerage, development and property management. In 2009, Brian stepped back from the day-to-day operations […]

Treasure hunt key to reviving Fresh Market’s fortunes

Amazon.com’s expansion in groceries may be a frightful prospect for rivals, but Larry Appel says he’s confident Greensboro-based The Fresh Market can find its niche by offering lots of ready-to-cook meals and high-quality foods. It’s been two-and-a-half years since giant private-equity firm Apollo Global Management paid $1.36 billion for Fresh Market’s 176 stores. It’s likely […]

An econ prof’s view of Hurricane Florence

We asked Adam Jones, an economics professor at UNC Wilmington’s Cameron School of Business, to discuss the impact of Hurricane Florence on the regional economy, the university and his own life. Jones, who has a Ph.D. from the University of Georgia, was an economic-development official in Covington, Ga., before entering academia. He has worked at […]

Website’s survey pans N.C. community colleges based on sketchy metrics

North Carolina is known for having an outstanding community college system, so a national personal finance website’s report card was surprising. WalletHub ranked the state’s colleges very low in a recent survey that was based on three factors: cost and financing, education outcomes, and career outcomes. Of 715 U.S. community colleges evaluated, Pamlico Community College […]

Leadership of major economic development group has a Tar Heel flavor

Raul Peralta, a senior vice president for business development with Chantilly, Va.-based Engineering Consulting Services Limited, or ECS, will be the 2019 president of the Southern Economic Development Council. The association’s members are mainly business recruiters working in a region stretching from Washington, D.C., to Texas. In January, he will succeed the 2018 president, Sam […]