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Business

NetApp to expand in NC, create 460 jobs in 4 years

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Data management provider NetApp Inc. says it's creating another 460 jobs in North Carolina for a new high-performance computer center and paying the new employees six-figure average salaries. Full story...
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GE Aviation lands $17.5 billion in contracts at UK air show

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GE Aviation brought in $17.5 billion in orders for engines and services at the recent Farnborough Air Show in England, and the company’s plant in Castle Hayne is involved in almost all the business. Full story...
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Fine dining restaurants take a hit downtown

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video With so many people out of work or just trying to save money, eating an expensive meal is not something everyone can afford right now. So we wanted to know how other fine dining restaurants in downtown Wilmington are handling the tough economy. Full story...
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First Chairman of NHRMC Board of Trustees passes away

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A Wilmington businessman who played a pivotal role in the founding of New Hanover Regional Medical Center has died. Full story...
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Duke to NC regulators: CEO's term not guaranteed

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The man unexpectedly appointed as Duke Energy's CEO says the executive who was supposed to hold the top job was dumped minutes after creating the United States' largest electric company. Full story...
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Ex-Progress Energy directors upset with CEO change

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Former board members of Progress Energy are upset the chief executive of their company, Bill Johnson, was ousted as head of Duke Energy just hours after the companies merged. Full story...
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Wilmington-based Castle Branch adding more jobs

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Wilmington-based Castle Branch Inc., says it plans to add more than 50 new jobs over the next year. Castle Branch is the 10th largest privately held employment screening company in the country. Full story...
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Mid-week holiday crowds big boost for beach businesses

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video It's no secret that on Independence Day many locals and vacationers make their way to the beach. What may be surprising is how much businesses there rely on the influx of people. Full story...
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Progress CEO out, gets up to $10.3M after merger

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The Progress Energy chief executive whose sudden departure was announced hours after the merger creating America's largest electric utility is getting a big payout. Full story...
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Cold War: Frozen yogurt creates hot market in Wilmington

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video Do you like to stop for sweet treats on these hot summer days? If so, it seems like you're not alone. There are about a dozen frozen yogurt shops in the Wilmington area, and the growth shows no signs of stopping. Full story...
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