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Business

Bank of America laying off 250 mortgage workers in Charlotte

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Bank of America is laying off 250 employees in its mortgage and technology units in Charlotte. Full story...
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Report on natural gas pipeline outlines economic benefits

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A study commissioned by the companies planning to build a pipeline to deliver natural gas to the Southeast says the project would lower customer energy bills and increase employment. Full story...
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New grocery store proposed for S. College Road

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videoA developer is proposing a new grocery store off South College Road in Wilmington. Full story...
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ILM getting new flights to top airports

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videoAir travelers will soon have more options at Wilmington International Airport. The airport announced today three more flights to a couple of top destinations. Full story...
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UPDATE: H2Go explains future water plant project

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video H2Go is in the process of expanding the company by building a water plant in the northern portion of Brunswick county, but the location of the development has created some controversy. Full story...
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Two more area RadioShack locations slated to close

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Two more area RadioShack locations are slated to close after the company filed for Chapter 11 bankruptcy protection last week. Full story...
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Government taking comments on Carolinas wind energy proposal

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The federal government holds hearings this week to get public comment on plans to lease hundreds of thousands of acres off the coast of the Carolinas for wind energy development. Full story...
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Golden LEAF holds $50M to support auto manufacturing plant

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The board of directors of the Golden LEAF Foundation says it's reserved $50 million to provide support for the location of an automobile manufacturing facility in North Carolina. Full story...
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Early-session spending bill approved by NC Senate

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The state Senate supports making spending changes to help a panel reviewing public school academic standards do its work and so a rule-making body can defend itself in a lawsuit against the State Board of Education. The chamber voted Wednesday in favor of a bill that locates $275,000 to operate the committee recommending changes by the end of the year to Common Core. The vote was 38-11. Full story...
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McCrory wants lawmakers to borrow, raise teacher base pay

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videoNorth Carolina Gov. Pat McCrory wants legislators to let the state borrow roughly $2.5 billion for transportation and government infrastructure and to fulfill their promise to raise base teacher pay to $35,000 this fall. McCrory's office released goals Wednesday night as he delivered his second State of the State address to a joint session of the General Assembly. Full story...
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