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Business

Locals split on recreational marijuana legalization

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video The state of Colorado has turned hash into cash and the success of recreational marijuana use is sparking a conversation locally on whether the Tar Heel state should dive into the budding industry. Full story...
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Local governments could face $100 business tax cap

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Legislators at the General Assembly are interested in streamlining how local governments can tax North Carolina businesses in a move that could take away millions of dollars from the state's largest cities. A committee that focuses on tax issues unveiled Wednesday a new version of a bill that would repeal the business privilege license tax municipalities can charge and replace it with a new tax that would be capped at $100 per business location. Full story...
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Greensboro food pantries expecting bare shelves

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Food pantries in the Greensboro area expect their supplies to run out after more than 100,000 went without power in Guilford County because of a winter storm. The News & Record of Greensboro reports Greensboro Urban Ministry and the Blessed Table Food Pantry are encouraging area residents to donate to their shelters. Full story...
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Exec: Screen Gems committed to Wilmington despite Miami expansion

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videoScreen Gems is expanding down south. EUE/Screen Gems Studios already has facilities in New York, Atlanta and, of course, Wilmington. And in about 15 months, it will have yet another studio in Miami. Full story...
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Boatbuilder opening up shop near Navassa

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video Months after losing hundreds of jobs when DAK Americas closed its doors, a new business is coming to Navassa, albeit with far fewer jobs. Full story...
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NC leaders deciding again on state's film break future

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North Carolina's film incentives may finally become a permanent fixture in the state's economic development pitch to television and movie producers. Or it could get written out of the script. Full story...
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EXPLORE WITH GEORGE: Coastal Consumer Showcase

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videoGeorge explores the 4th annual Coastal Consumer Showcase. Full story...
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Future of area Radio Shack stores unclear as company plans cuts

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video As sales continue to decline, Radio Shack has decided to close more than 1,000 stores. The news comes just weeks after the company spent millions of dollars on a Super Bowl ad. Full story...
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NC waste management director retiring in June

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North Carolina's chief landfill and hazardous waste regulator is retiring this spring. Division of Waste Management Director Dexter Matthews told agency workers Monday of his decision to leave June 1 after 13 years at his current job and 30 years in environmental and public health protection. Matthews says his plan had always been to retire at 30 years. Full story...
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