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Business

Businesses have different views of Monkey Junction, annexation's impact

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video Monkey Junction has long been a hub of business in our area. It's part of why the City of Wilmington wants to annex it. Several new businesses are setting up shop there, but others that have called the crossroads home for years say it's a dead end. Full story...
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Carolina Farmin' grand opening draws crowds

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Customers crowded into the new Carolina Farmin' on Market Street. The traffic was so heavy at one point in the middle of the day, police had to help handle it. Full story...
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Ethanol creating mower problems

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video Cutting the grass is always a chore, but some of you may have found using your lawn mower is even more of a challenge lately. It turns out your grass cutter could have a gas problem. The extra ethanol that has been added to fuel over the past few years has caused some major issues for folks with vehicles and machinery, like lawnmowers. Full story...
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Report: PPD for sale; Eshelman comments

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video According to a statement, following recent stock market developments, PPD's board of directors has asked management to review PPD's strategic plan and capital structure with a focus on unlocking value for shareholders. Full story...
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Bank of America in $8.5B mortgage settlement

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Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. Full story...
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Smithfield posts first profitable year since 2008

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Smithfield Foods has recorded its first profitable year since 2008, when recession gripped the country, and posted record fourth-quarter profits as the world's largest hog producer was able to command higher prices. Full story...
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ONLY ON 3: Downtown storefronts filling up

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videoThe downtown Wilmington scene has been something of a concern for residents and businesses alike last few years. But if you walk down Front Street, you may notice a difference in some buildings that have been vacant for years. Full story...
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ONLY ON 3: Downtown Wilmington sees surge in new business

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New Businesses are finding their home in Downtown Wilmington. Full story...
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Social media conference teaches lessons Weiner didn't learn

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video Social media experts are meeting at the Wilmington Convention Center this week trying to teach businesses the benefits of the new technology. But as the controversy surrounding Rep. Anthony Weiner shows, there are also many risks. Full story...
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Beach businesses hope Memorial Day sparks hot summer

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video With Memorial Day weekend being one of the biggest beach weekends of the year, Carolina Beach businesses prepare for the crowds and hope for the best. Full story...
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UNCW grads turn frozen yogurt into hot business

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videoThree UNCW grads are proof a cool idea can mean hot business, even in a tough economy. Their serve-it-yourself yogurt shop has three locations in the Wilmington area with a fourth on the way. Full story...
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Currituck county commissioners reject hotel and shops building plan

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Currituck County commissioners have rejected a request to allow a hotel and shops to be built in a four-wheel-drive area where about 100 wild horses roam. Full story...
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Airline group sees 1.5 percent rise in summer travel

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An airline industry trade group says that even with higher fares, more people will fly this summer than last year, especially overseas. Full story...
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Wells Fargo name replacing Wachovia

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San Francisco-based Wells Fargo is putting its name on the Charlotte-based Wachovia banks it has taken over on the East Coast. Full story...
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Microsoft agrees to buy Skype for $8.5 billion

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Microsoft has agreed to buy the popular Internet telephone service Skype for $8.5 billion in the biggest deal in the software maker's 36-year history. Full story...
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