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Monday, February 6, 2023

June 2018

Predatory lenders add pressure for easier credit

North Carolina booted payday lenders, setting a national standard. Now, pressure builds for a return to days of easier credit.

Weaverville-made patches show up at Masters, outer space and most everywhere else

From the bottom of the ocean to outer space, A-B Emblem patches have traveled just about everywhere.

2018 BANKING & FINANCE

Veteran S.C. banker Bristow now leads First Citizens’ Carolinas markets

Peter Bristow is the head of First Citizens’ Carolinas banking business. He cut his teeth working on turnarounds and market expansions in South Carolina and Georgia.

Pennsylvania-based FNB faces challenges in N.C. expansion

FNB’s bet on North Carolina is taking time to pay off as the Pittsburgh-based bank raises its profile.

The dwindling supply of locally owned N.C. banks

Local ownership dwindles as institutions in nearby states acquire North Carolina banks, some built over decades, some constructed in a hurry.

ALSO IN THIS ISSUE

Dockless bikes save environment — or junk up scenery?

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In some cities and college campuses, the bike-sharing craze is the fastest thing on two wheels.

Heather Denny quickens pace at venerable Raleigh contractor

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Embracing challenges helped propel Heather Denny’s 22-year career in a male-dominated industry.

EPIC frenzy sparked by red-hot Fortnite

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An international gaming phenomenon, Fortnite Battle Royale by Cary-based Epic Games has become one of the most successful free-to-play Video games of all time.

Duke-inspired, Robbie Allen-led Infinia taps machine learning trend

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After stepping away from his first success, Robbie Allen is back as CEO of a better-funded, highly touted Durham startup, Infinia.

Ranking rankles UNC Chapel Hill’s law school

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a weak magazine ranking rankles UNC Chapel Hill’s legal community.

Concord mixes suburban growth with revived downtown

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Concord’s economy was built on cotton and cigarettes. Today, the Cabarrus County seat aims to be more than a bedroom community for Charlotte.

Asheville’s ISG sees big upside in infrastructure repair

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ISG’s thesis hinges in part on the notion that climate change is leading to more frequent, violent weather, which creates overflowing storm sewers and further degrades aging municipal lines.

Raleigh’s Union Station on track for more than rail crowd

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Raleigh leaders are hoping that Union Station in the city’s up-and-coming Warehouse District will attract more than just rail passengers.

Smithfield Foods’ hog waste disposal slammed in court

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A federal jury in Raleigh in April roasted a subsidiary of pork giant Smithfield Foods over waste disposal methods at a hog farm in Bladen County.

Roy Carroll battles Greensboro over a parking deck

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Roy Carroll is in a battle with Greensboro over the construction of a $30 million parking deck.

Japanese forestry giant grabs handle at Charlotte’s Crescent Communities

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Crescent Communities’ sale to a 300-year-old Japanese firm could open up new avenues for growth.

Commentary: State’s rural-urban divide is a chasm

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Commentary: The state’s rural-urban divide is a yawning chasm, according to a study by the N.C. Poverty Research Fund.

Commentary: Firing doesn’t deter 81-year-old furniture salesman

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Commentary: Andy Leeds is a street-smart furniture salesman who knows the highs and lows of business life.

Advances in technology give cardiac patients better outcomes

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North Carolina hospitals provide advanced cardiac treatments and patient care for better outcomes.

Life sciences are gaining ground on big health concerns

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In the life-sciences arena, researchers are constantly working on high-tech solutions to complex problems that can run the gamut from addiction medicine to gene therapy that treats heretofore incurable diseases.

Triad region sets efforts to reel in high-tech industry

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Economic developers in the Triad are revitalizing downtowns with major projects and working to attract high-paying jobs in industries such as aviation and aeronautics.

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