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Business

FIRST ON 3: Brunswick County eliminated from Caterpillar search last week; thousands of jobs to Georgia

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video Caterpillar will not call southeastern North Carolina its new home. Brunswick County Economic Development Commission Executive Director Jim Bradshaw says Brunswick County was eliminated from the selection for a proposed manufacturing plant back on February 7, but officials chose to keep that decision quiet until now. Full story...
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Wilmington-shot 'Journey 2' takes 3-D movies to new dimensions

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videoIt's a milestone day in Hollywood East. "Journey 2: The Mysterious Island" opened today. It's the first big production shot on the so-called Dream Stage at Screen Gems. The movie features special effects and underwater scenes never before shot in 3-D. Many of them were shot in Wilmington. Full story...
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Brunswick Co. leader says 'large project' in the works, met with company last week

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video Word of whether Brunswick County will be the new home for Caterpillar is still under wraps, but one county leader has confirmed a big project is currently in the works. Full story...
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Gov. Perdue sheds some light on plan to draw big employer to Cape Fear

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video Gov. Bev Perdue says she met with a big employer last week about setting up shop in our region, but details are still very hush-hush. Full story...
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Kodak shutters camera business

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Kodak is getting out of the camera business. As one of the original makers of the film camera, Kodak is making the move to save more than $100 million. Full story...
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Business up at state ports

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More money is sailing in and out of our state. The NC Ports Authority reports business is up over the past year. Full story...
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ONLY ON 3: Entrepreneurs look for chance to hatch business in Burgaw Incubator Kitchen

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video The Burgaw Incubator Kitchen has helped one business get off the ground and even expand. It's a success story for both the kitchen and the small business. The problem is, the business has been using the kitchen for nearly two years.. It's leaving some entrepreneurs wondering when it's their turn. Full story...
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American Airlines to cut thousands of jobs

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The parent company of American Airlines wants to eliminate about 13,000 jobs or 15 percent of its workforce. Full story...
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Caterpillar expanding Clayton plant, adding nearly 200 jobs

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Gov. Beverly Perdue says Caterpillar Inc. will expand its manufacturing plant in Clayton, adding almost 200 jobs over five years and investing $33 million. Full story...
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High-speed Internet finally available in Columbus County

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video More than a year ago ATMC received $16 million in federal funds to bring high-speed internet to southern Columbus County. Now the program is 80 percent complete. Full story...
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"And the Winner is..." BEST SPORTS BAR

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video With football playoffs and basketball season in full swing, we want to know where do you like to go to watch the game? In this week's "And the Winner is..." contest, we want to know where you watch your favorite team play when you're not enjoying the game at home. Who has the biggest screens, the best gametime food and the coldest drinks? Let us know the BEST SPORTS BAR in the Cape Fear. Here's how the votes are rolling in (4 pm Thurs.):
Chaser's Sports Bar & Grill, Oak Island - 50%
Kick Back Jack's, Wilmington - 28%
Buffalo Wild Wings, Wilmington - 12%
Full story...

ONLY ON 3: Addition of high-end business sign of economy recovery in Wilmington

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video The Wilmington of the future will look a little different than it does today. Two high-end businesses are coming, and it appears another well-known national chain wants to set up shop here. All this despite the state of the economy. Full story...
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ONLY ON 3: Wilmington business closed in honor of Robert E. Lee's birthday

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Many businesses and schools were closed in honor of Martin Luther King Jr. Day Monday. Today at least one Wilmington business was closed in remembrance of another American leader. Full story...
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Duke-Progress agree to new July merger deadline

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Progress Energy and Duke Energy have set July as their new deadline for completing their merger creating the country's largest electric utility. Full story...
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Christmas tree sales affected by the economy

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videoFinances are putting a damper on Christmas tree sales. At least, that's what some Christmas tree lots are reporting this season. Full story...
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