5 questions for Jim Roberts

Jim Roberts is like the “Johnny Appleseed” of entrepreneurship in North Carolina, having started or worked for five startup-development organizations across the state.

Toyota’s choice hurts, so what’s next for North Carolina?

Toyota-Mazda picked Alabama over North Carolina for a $1.6 billion plant. Consultant John Boyd analyzes the decision.

Best and worst N.C. stocks in 2017

It was a great year to own stocks, particularly LendingTree which led the performance of Carolinas-based stocks in 2017. Seven stocks gained at least 40%, while another 21 jumped 20% or more. Conversely, 17 stocks declined at least 20%.

Best stock ideas for 2018 by six NC pros

Six veteran investment pros selected their three favorite North Carolina stocks, and one to avoid, for 2018 in our annual forecasting contest. The prices are as of Dec. 1, 2017, when the pros submitted their picks. Eligible stocks include companies based in the state or with large employment or investment here. Thank you to the […]

Five N.C. stocks that have gained 15% over the last month

Five N.C. stocks have jumped more than 15% over the last month, benefiting from a merger, tax reform and rebounding investor confidence.

Five key things to know about directors and officers insurance – John Garver’s view

Directors and officers insurance coverage, which protects the insured from legal liability stemming from wrongful acts, is often treated as an “out of sight, out of mind” matter. But the existence of good D&O coverage can have direct financial implications for the leaders at businesses of all sizes. John Garver III, who has practiced law […]

5 questions for Peter Cevallos

Peter Cevallos is the manager at Charlotte-Monroe Executive Airport, a general-aviation airport and the primary reliever for Charlotte-Douglas International.

Alt-investment pros deserting N.C. Retirement System

This article was published last month by Private Equity Real Estate, a website that tracks the private equity industry. This is a link to the story: http://bit.ly/2jkgarQ By Evelyn Lee North Carolina Retirement System is approaching a one-year absence from new alternatives investing, and meanwhile has been losing investment professionals since state treasurer Dale Folwell […]

5 questions for Liz Tracy

Liz Tracy is the director of HQ Raleigh, a hub for innovators and often the first stop for entrepreneurs who are new to the area. Learn more about her here.

It’s Goldilocks time for economy, Horizon’s Greg Valliere says

Washington, D.C. analyst Greg Valliere doesn't see a recession looming. But a potential conflict with North Korea is concerning.

5 questions for J. Blount Williams

J. Blount Williams is the chairman and CEO of Alfred Williams & Co., representing the fifth generation of family ownership at the office-furniture company.

Opinion: The Public Staff’s not-so-public style

In a different time, Christopher Ayers might be a highly visible, Ralph Nader-esque type crusader to limit increases in utility bills and push for consumer-friendly innovation. Today would be prime time for the executive director of the North Carolina Public Staff, at a hearing scheduled in Raleigh to examine Duke Energy’s pitch for its biggest […]

KS Bancorp says it isn’t interested in sale to First Citizens

KS Bancorp, a Johnston County-based community bank which is feeling takeover pressure from the Raleigh-based Holding family, says it wants to remain independent.

5 questions for Randall Johnson

Randall Johnson is the executive director of the N.C. Biotechnology Center’s southeastern office in Wilmington. Learn more about him here.

Triad on fast track to land Toyota-Mazda plant, consultant says

Look for Toyota-Mazda to put their $1.6 billion assembly plant in North Carolina, not Alabama, a site selection consultant says.

INC Research loses a third of its value, while hurricane demand boosts Primo Water

Here are the major movers in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended Nov. 1o.

5 questions for Andrew Tate

Andrew Tate, who previously led economic-development efforts for Henderson County, joined the North Carolina Railroad Co. in October as vice president of real estate.

Bob Rucho’s take on the UNC, Carolinas HealthCare hospital deal

Former N.C. State Sen. Bob Rucho discusses the pending transaction between Carolinas HealthCare System and UNC Health Care. The two systems have combined revenue of nearly $14 billion.

State treasurer taking $12.5B of money management in-house

The N.C. State Treasurer’s office plans to manage $12.5 billion of passive investments in U.S. stocks on its own, without relying on outside financial services companies.

3D Systems, Triangle Capital and ChannelAdvisor shares slump 20%

It was a terrible week for several Carolinas-based stocks. Eight posted declines of 8% or more, including three with 20% collapses. The big winner was Alliance One International, which jumped 27%.

5 questions for R. Steven McGlothlin

You oughta know Steven McGlothlin is business development director for Gerber Collision & Glass in the Southeast U.S. Market. Operating as Boyd in Canada and Gerber Collision & Glass in the U.S., the Elmhurst, Ill.-based company has 475 collision repair centers in 21 states and Canada. Opening his first auto body facility in 1979, Steve […]

First Citizens raises pressure on small-town N.C. bank

The Holding family is still pressing KS Bancorp Chief Executive Officer Harold Keen to sell his bank based in Smithfield in Johnston County. We wrote this summer on the Raleigh-based banking family’s desire to buy KS for $35 a share, or about $46 million. KS said it wasn’t interested in the bid, which was 50% […]

Family income needs to track corporate gains, Mulvaney says

So which leading liberal politician said this on a visit to the Charlotte area last Friday?

LendingTree, Old Dominion shares gain more than 10% in a week

The stunning ascent of LendingTree continues as its quarterly earnings smashed expectations. Old Dominion Freight Line gained more than 10%. Tougher news came from Speedway Motorsports, which reported less profit and revenue than expected as demand for Nascar and other auto racing events remained sluggish. Here are the major movers in the Capital Investment Cos./Nottingham […]

You oughta know: Arbor Investments’ Scott Cawood

Winston-Salem-based Arbor Investment Advisors exceeded the $500 million mark for assets under management recently. The firm started in 1998 and now has about 220 clients.

5 questions for Jenni Harris

You oughta know Jenni Harris is the Southeastern regional industry manager for the Economic Development Partnership of North Carolina. She is a senior level strategist and policy adviser for business and community development. Her collaborative initiatives have resulted in sustainable partnerships that improve education, entrepreneurship and industry relations. Jenni received her bachelor’s in professional and […]

5 questions with Jacqueline Gaulin

Jacqueline Gaulin is the founder and CEO of Gastro Girl Inc., the creator of GI OnDemand, a virtual care and support platform for patients suffering with gastrointestinal health conditions such as irritable bowel syndrome and inflammatory bowel disease. Patients can access a network of digestive health experts including gastroenterologists, registered dietitians, psychologists and nurse health […]

New Winston-Salem Chamber leader brings youth, collaborative, soccer skills

Winston-Salem Chamber of Commerce hired a new president, Mark Owens, to succeed Gayle Anderson, who is departing at the end of the year after 21 years on the job.

Bandwidth CEO Morken sees “golden age of communications”

This is a letter that Bandwidth Inc. CEO David Morken wrote for the company’s IPO prospectus, which was filed on Oct. 13. Dear Investors, Thank you for considering investing in Bandwidth. My name is David Morken and I’m the Cofounder, Chairman and CEO of our 338-person software company based near Research Triangle Park in Raleigh, […]

5 Questions for Patrick Long

Patrick Long is a managing director at River Oak Risk LLC. He provides training to top-tier accountants, attorneys and wealth advisers on the proper formation of captive insurance. Patrick has presented to the North Carolina, South Carolina and Georgia bars, N.C. CPA Symposium, numerous CEO and CFO events, and to hundreds of firms in the […]

Charlotte financial execs raise $400,000 in annual fundraiser

Charlotte's financial-services community raised a record $400,000 last night for seven local charities. "Banking on the Community" was started in 2012.

You oughta know: Frank Vagnone

Frank Vagnone, president of Old Salem Inc. since March, is shaking things up at the Winston-Salem historical site that shows life in a Moravian community dating to the 18th century.

LendingTree gains 6%, passes $3B market cap

Perhaps the most amazing story involving Carolinas-based stocks in the last year is the stunning ascent of LendingTree, which tacked on another big gain last week and is now valued at more than $3 billion.

5 Questions for Tripp Guin

Tripp Guin is owner and broker in charge at TRIPP Commercial LLC, with a focus on corporate services and tenant representation.

Porter Byrum’s $230 million legacy benefits Wake Forest, Queens and Wingate

The amazing generosity of Porter Byrum, who gave more than $200 million to three N.C. universities.

N.C. Mid-Market Fast 40 Winners Announced

Fast-growing middle-market companies make Top 40 list Forty North Carolina companies were honored on Monday, October 2, at Pinehurst Resort for being named to the 2017 N.C. Mid-Market Fast 40 list. Created by accounting firm Cherry Bekaert LLP and Business North Carolina magazine, the list ranks mid size companies based on revenue and employment growth. […]

Cree gains 13% after new CEO named

The Standard & Poor’s 500 index and Dow Jones Industrial Average have risen for eight straight quarters, including small gains of less than 0.5% in the quarter ending Sept. 30. It’s the longest streak for the S&P 500 since 2013, while the gains are the longest for the Dow since 1997. The S&P 500 has […]

5 Questions for Chris Kouri

Chris Kouri is an economic-development and corporate attorney in Charlotte with Nexsen Pruet. He has advised a number of companies in public and private financing and economic incentive packages.

North Carolina’s newest public company: A primer

Some facts about NN Inc., based on company statements and government filings: The company was founded in Tennessee in 1980. It is moving its headquarters and 200 jobs to Charlotte in 2018.

Trump visiting Greensboro for Oct. 7 fundraiser at DeJoy home

President Donald J. Trump is expected to return to North Carolina for his first visit since his 2016 election victory, appearing on Oct. 7 at a Republican National Committee fundraiser. Louis DeJoy is hosting the event at his Greensboro home, according to an invitation received by key party donors. Donations of at least $25,000 are […]

5 Questions for Cindy Clarke

Cindy Clarke has been executive director of the UNC Asheville Family Business Forum since 2006. Read more about her here.

Long Leaf Pine honoree Ray Farris criticizes UNC System board’s tone

Ray Farris, a new member of North Carolina's Order of the Long Leaf Pine, is a former UNC System board member who is critical of the current board's actions.

Folwell eyes $300 million in annual state health plan cost cuts

Blue Cross and Blue Shield of North Carolina won another contract to administer medical claims for North Carolina’s 700,000-member State Health Plan, which spends $3.2 billion annually

Week in Carolinas stocks: ScanSource gains 10%, Martin Marietta sheds 6%

Ingles Markets’ shares, which have been pounded over the last year over worries of stiffer competition, gained 7.5% last week. It wasn’t enough to rank among the top three performers among Carolinas-based stocks, but a good showing for the Black Mountain-based supermarket retailer in any case. Here are the major movers in the Capital Investment […]

5 questions for Steven Pearson

Steven Pearson, Corporate Citizenship & Corporate Affairs manager at IBM, wants to make the world a better place.

Robust times for Carolinas, UNC HealthCare systems

The combination of Carolinas HealthCare and UNC Health Caredoesn’t involve any money changing hands. As the organizations push to close a deal by the end of the year, it’s clear that financial troubles aren’t forcing this transaction.

Post-hurricane building prospects boosts Jeld-Wen, Lowe’s

G1 Therapeutics is on fire with investors obviously excited about the company's anti-cancer drugs, soaring more than 30% last week.

UNC System’s leaders rush to stir it up

The University of North Carolina System's Board of Governors feels its oats. Are they missing the big picture?

5 Questions for Caroline Sullivan

After 25 years working in local, state and federal government, including a decade in Washington, D.C., Caroline Sullivan in May became executive director of NCBCE.

UNC, Carolinas HealthCare plot a marriage

Partnership. Blending. Engagement. Just don't call what UNC Health Care and Carolinas HealthCare are doing a "merger." But of course it is.

ChannelAdvisor, G1 Therapeutics gained 17% last week

Bottom fishing may be the story at ChannelAdvisor and Sonic Automotive, which shot up last week after trading at their lowest points in the last year. Here are the major movers in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended Sept. 1. The index includes companies with shares trading for […]

5 questions for Carmen Prevette

Duke Energy's Carmen Prevette is the director of small and medium business solutions for the Carolinas at Duke Energy Corp.

UPS driver-turned HVAC franchisee builds a $14 million business

With summers seemingly getting hotter by the year, fixing AC systems surely ranks among the Carolinas’ best long-term business opportunities. Mike Fowler figured that out a long time ago and has built one of the largest HVAC companies in the Charlotte region. He expects consolidation will winnow the market from a couple hundred competitors to […]

Durham’s Quintiles and G1 Therapeutics top market movers

Quintiles and G1 Therapeutics, both based in Durham, were the best performers last week among Carolinas-based stocks with shares of at least $10.

5 questions for Lisa Ruckdeschel

Lisa Ruckdeschel is associate state director for the Small Business & Technology Development Center, a business advisory service of the UNC System.

Ex-Ford CEO Mulally takes skeptical view of Uber, Tesla

A 72-year-old who exudes the energy of a teenager, Alan Mulally fired up a Greensboro crowd last week with a talk suggesting he’s enjoying his post-Ford Motor Co. career. As keynote speaker at the Wyndham Tournament’s annual kickoff breakfast last week, Mulally explained how he led a turnaround at Ford between 2008-14. Short version: The […]

A dozen Carolinas stocks declined 15% or more in last month

The overall U.S. stock market has set records for low volatility this year, but that doesn’t mean there’s not a huge churn among individual shares. More than 20 Carolinas-based stocks trading at $10 or more have declined by more than 10% in the last month, including a dozen that lost 15% or more. Meanwhile, only […]

5 questions for Tom Dempsey

Thomas Dempsey has founded and led several North Carolina-based companies in the outdoor industry, including Brevard-based SylvanSport.

Babcock & Wilcox stock powers down 71%

It was an especially rotten week for two Charlotte-based companies: Babcock & Wilcox Enterprises, which lost 71% of its market value, and Capitala, which dropped 29%. Snyder's-Lance did better, gaining 7%.

5 questions for Winn Maddrey

Winn Maddrey is vice president of marketing at Charlotte-based Technekes LLC. He's also the organizer of TEDx Charlotte, coming up this fall. Learn more about him here.

Mailbag: Suiting up in the South

Last week, publisher Ben Kinney asked readers what they thought should be appropriate “summer” business attire. Here are a few of our favorite responses.

Judges, Rep. Burr clash over election districts

North Carolina's judges and lawyers are lobbying against a bill to redraw judicial election maps acros the state.

A veteran site-selection consultant says North Carolina’s outlook, post HB2, looks rosy

North Carolina’s plan to provide hundreds of millions of dollars of job-related incentives to companies making multibillion-dollar plant expansions, is a game-changer, site-selection expert John Boyd says.

Seven Carolinas stocks plunge 10% in the last week

It was a crazy week for several Carolinas stocks, with seven sliding more than 10%, including Sonic Automotive, Triangle Capital and CommScope. But a grand slam for Denny’s, the best performer in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended Aug. 4. The index includes companies with shares trading for […]

5 questions for Curtis Ladig

Curt Ladig, president and CEO of Delta Dental of North Carolina since 2011, has a broad background in the health care benefits industry.

Developer Pappas favors broader focus than business tax cuts

Charlotte developer Peter Pappas advocates a broader approach to economic development — including more incentives for film companies.

Eastern N.C. bank CEO Ted Whitehurst dishes on his biggest deal

Providence Bank of Rocky Mount plans to buy CB Financial, owner of Wilson-based Cornerstone Bank, for $11.2 million. Providence CEO Ted Whitehurst discusses the deal.

Two views on why Duke didn’t blow $9 billion on a nuke plant

Why didn’t Duke Energy charge ahead with nuclear plant construction, investing $500 million in project preparation, while its peers in South Carolina put up $9 billion for a now-suspended project? We asked Duke spokesman Rick Rhodes, who said Duke didn’t see an immediate need for the project given its other options. “Our need for baseload […]

5 questions for Pitt County’s Wanda Yuhas

Wanda Yuhas, executive director, Pitt County Development Commission, was named the North Carolina Economic Development Association’s Economic Developer of the Year in June.

Johnston County fireworks pits Holdings vs. KS Bancorp’s Harold Keen

The Holding family, which controls $34 billion First Citizens Bancshares, wants to acquire $360 million KS Bancorp after the small bank sought to reorganize.

Charlotte, Triangle tech job growth lauded in CBRE report

Tech employment is soaring in the Charlotte and Triangle markets, a new report by the CBRE real estate company shows. Charlotte added tech jobs at the nation's fastest pace over the last five years.

Insteel shares decline 22% as wiremaker waits for infrastructure spend

It was a tough week in Mount Airy, where Insteel shares declined 22% after its quarterly profit declined 49% from a year earlier.

Does the N.C. Chamber quash business leader support for Gov. Cooper?

Gov. Roy Cooper asked business leaders to oppose a state budget he deemed "fiscally irresponsble." Few heeded his call.

5 questions for Michael Mazzola

Michael Mazzola is the new director of the Energy Production and Infrastructure Center (EPIC) at UNC Charlotte

Good Karma

Personal-finance company Credit Karma opens East Coast hub in Charlotte.

Mailbag: Feedback to our new Daily Digest

It's a week and counting since we launched our new Daily Digest. We asked for reader comments — you responded.

Charlotte marketing data company raises $11.8 million

A Charlotte company, which promises to help advertisers better understand customer behavior, raised $11.8 million from 22 investors.

SPX, Albemarle shares leap to record levels

The Standard & Poor’s 500 Index gained another 1.3% last year, reaching a record level. Many Carolinas-based stocks participated in the rally. These were the best performers included in the Capital Investment Cos./Nottingham Index of public companies for the week ended July 14 among companies with shares trading for at least $10. SPX (SPXC ) 7. 6%  […]

Millions of dollars at stake in Mission Health-Blue Cross battle

Mission Health Systems, Asheville's dominant hospital company, says it won’t accept Blue Cross Blue Shield of North Carolina insurance after Oct. 4. If unresolved, hundreds of thousands of Asheville-area Blue Cross customers would have travel to receive network health care.

5 Questions for Anita Watkins

5 questions for Anita Watkins, an executive at Rex Health Ventures, an investor in early stage health care companies that is affiliated with the UNC Health Care System

Gaston’s Pharr rebrands to stay current

Pharr Yarns has rebranded as Pharr, a holding company of five businesses that make up one of North Carolina's largest private companies.

Ingles’ discount sale

Ingles Markets, the largest North Carolina-based supermarket chain, has lost a third of its value in the last three months amid concerns of tighter margins and increased competition.

Amazon effect unnerves Ingles investors

Alliance One International, which has a market cap of about $139 million, was the best performer in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended July 7 among companies with shares trading for at least $10. Best performers: Alliance One International (AOI) — 7.3% — $15.45  –  Shares of the […]

North Carolina gets ready to spend to attract Big Manufacturing

North Carolina lawmakers have authorized the state to provide lucrative incentives to companies promising $4 billion in investment.

Is red-hot Red Ventures’ big advantage Ric Elias?

Red Ventures CEO Ric Elias may be the company's secret weapon as it makes its biggest acquisition.

Justin Burr places claim as the state’s foremost judicial reformer

N.C. State Rep. Justin Burr filed a bill to change the election districts of the state's judges and change the course of justice in North Carolina. Burr says he didn't seek any input from judicial system representatives.

David Carroll signs off at Wells, among last First Union senior execs to depart

David Carroll, the highest-ranking Wells Fargo exec in Charlotte, is leaving the bank at the end of June. He is among the last former executives of First Union Corp., which developed into a big bank in the ‘80s and ‘90s.

Red Hat jumps 13%, tops $100 for first time since 1999

Raleigh-based software company Red Hat jumped 13% after strong first quarter earnings. Stock is up 35% in the last year.

Is N.C. ready to write big check for $10B Foxconn plant?

Foxconn may be first to take advantage of a plan for North Carolina to offer big incentives to companies planning expansions of more than $4 billion. The change is included in the budget passed by state lawmakers.

First South CEO: Merger ‘phenomenal’ deal for stockholders

First South CEO Bruce Elder responds to a post about the Washington community bank's announced merger with Carolina Financial.

Strong housing market boosts shares at Jeld-Wen

The strong housing market is boosting business at Charlotte-based Jeld-Wen, which tops the list of best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham Index of public companies for the week ended June 16. (Shares trading under $10 are excluded.) The strongest performers: Jeld-Wen (JELD) 34.10  7.6%  Shares of the Charlotte-based window maker trade at […]

Sale in little Washington knocks out another N.C. bank

With First South Bank of Washington, N.C. selling this week, North Carolina loses another homegrown community bank based in a small city.

BNC Bancorp spikes 12% as anti-regulation vote propels banks

Aided by a likely rollback in regulations, bank stocks were the best performers included in the Capital Investment Cos./Nottingham Index of public companies for the week ended June 9 among companies with shares trading for at least $10. House Republicans passed a bill to strip portions of the Dodd-Frank Act, helping spur the best weekly […]