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Business

DAK Americas might close Navassa plant

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videoDAK Americas is considering shutting down its plant in Navassa, the company said Wednesday. The Brunswick County plant employs 350 full-time employees as well as another 250 contract workers. Full story...
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Leland businesses worried about possible sign restrictions

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video Business owners in Leland are worried potential restrictions on signs in town could cost them money. Thursday town council will discuss limiting signs to a maximum height of six to eight feet depending on the business's zoning area. Full story...
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Southport looks at rules for movie production

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videoThe City of Southport is enjoying its movie success. Southport Aldermen want make sure they have rules in place to manage the movies. Full story...
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American, US Air merger could bring more options, higher fares to ILM

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video It is official. American Airlines and US Airways plan to merge and create the world's biggest airline. So what does this mean for air travelers at Wilmington International Airport? Full story...
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3 govs seek reconsideration of offshore oil, gas

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The Republican governors of Virginia, North Carolina and South Carolina are appealing to the Obama administration's choice for interior secretary to open up waters off their states' coasts to gas and oil exploration. Full story...
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Harris Teeter reportedly considers sale

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video Harris Teeter is working with J.P. Morgan Chase and Company to explore its options, according to the Wall Street Journal. The question for customers is what that means for their shopping options. Full story...
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AMR, US Airways Said to Agree on Terms for Merger

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videoThe board of bankrupt American Airlines parent AMR Corp. is meeting now to vote on a merger with US Airways Group Inc. after the two sides reached a tentative agreement that would create the world’s largest carrier, people familiar with the matter said. Full story...
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Postal Service announces unilateral plan to end Saturday mail delivery

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video The US Postal Service isn't waiting any longer for permission from Congress to quit delivering mail on Saturdays. It says it's going ahead with plans to start five-day-a-week delivery in August. Full story...
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Food Lion parent company laying off 350 employees

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The parent company of Salisbury-based Food Lion grocery stores plans to lay off 350 corporate workers. Full story...
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Interim chief named for NC Ports

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videoJeff Miles has been appointed Acting Executive Director of the North Carolina State Ports Authority effective immediately. Miles, who joined the Ports in 2005 as Chief Operating Officer and was promoted to Deputy Executive Director in 2012, replaces Tom Bradshaw, who stepped down earlier this week after a year on the job. Full story...
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Wilmington lagging in job creation

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video A recent North Carolina Department of Commerce study shows that Wilmington has the third worst job creation rate in the state of North Carolina, but one area business is helping to buck that trend. Full story...
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NC unemployment issue galvanizes business group

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A business coalition says fixing North Carolina's indebted unemployment insurance system will bring more certainty to companies and encourage job growth. Full story...
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Future of Brittt Motorsports still up in the air

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video Britt Motorsports filed for Chapter 11 bankruptcy back in October 2011 with plans to stay open, but a sign on its door says the shop is closed with hopes to reopen Feb. 1, and owner Scott Britt was recently arrested in Cumberland County for writing a bad check. Full story...
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Malaysian ambassador meets with business leaders in Wilmington

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video The Malaysian ambassador to the United States visited Wilmington today to speak with business leaders about the growing investments in his country. Full story...
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ONLY ON 3: 2012 best year for homes sales at St. James

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video A Brunswick County golf community is experiencing a boom in home sales. In fact, the leaders at St. James Plantation say 2012 was their best year yet. Full story...
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