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Business

Optimal Technologies moving headquarters to NC, bringing 325 jobs

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Optimal Technologies US Inc. is moving it headquarters from Canada to Raleigh, bringing 325 jobs and investing $2.4 million during the next three years. Full story...
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Clorox gets OK to buy Burt's Bees

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Clorox has received antitrust clearance to buy North Carolina-based personal-care product company Burt's Bees for $925 million. Full story...
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Young entrepreneurs launch first enterprise at Flotilla Festival

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videoWhen Austin and Miller Diggs discovered marshmallow guns at this year's Spot Festival, they saw an opportunity to make a buck. Full story...
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State judge denies Wal-Mart request

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A state judge has denied Wal-Mart's request to prevent public access to court documents in the company's multimillion-dollar tax fight with the state. Full story...
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Google announces mobile phone software

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Mobile phone customers pay soon be able to get new Google software on their phones. Full story...
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Writers strike could affect Wilmington

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A strike by the Writers Guild of America could affect our economy here in Wilmington. Full story...
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Writers' strike would affect TV shows

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Contract talks between Hollywood writers and producers broke off last night before the midnight deadline for their current labor package to expire. Full story...
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Study: women make businesses more profitable

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If you want to make your business more profitable improve gender balance in the board room. Full story...
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Toms Drug Co. to close

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A local business that's been a landmark in downtown Wilmington is closing its doors. Toms drug store has been serving Wilmington for 75 years. It'll be closed for good at the end of the month. Susan Harrington has been the owner for the past 17 years, but her late husband had owned it since the seventies. She says it's time to move on. Full story...
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Progress Energy: could cost $1 billion to clean up power plants

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More than $1 billion. That's how much Progress Energy says it could pay to clean up coal-burning power plants in North Carolina and South Carolina, and more than half of the cost could fall on consumers. Full story...
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Defective Chinese toys stem from bad working conditions

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Problems with toys made in China are once again getting attention from lawmakers in Washington. At a hearing Thursday they learned the defective toys are the end product from an assembly line of misery. Full story...
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Bank Of America cuts 3,000 jobs after poor third quarter

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Bank of America is the latest bank to cut jobs because of poor results brought on by problems in global credit markets. Full story...
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New law will require bar, restaurant owners to recycle

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Beginning in January a new state law will require bar and restaurant owners to recycle glass and aluminum alcohol containers. Full story...
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TroubleShooters: Car wash gone wrong

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videoMarshall Mansolillo went to Buff Masters car wash at the corner of Wrightsville Avenue and College Road in Wilmington. But while his car was being washed it was rear-ended by the unattended car on the conveyor belt behind it. Full story...
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2007 Black Expo highlights African-American businesses

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African-American businesses in the community will be highlighted Saturday in Wilmington. The 11th annual Black Expo will be held at Cape Fear Community College. Full story...
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