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Business

Plan to turn Blockade Runner into condos falls through

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videoA landmark hotel at Wrightsville Beach was supposed to be turned into condo's, but now plans have changed. The owner of the Blockade Runner says he's not surprised the sale fell through. In February the property was sold to two local men who wanted to transform the hotel rooms into condominiums. Full story...
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Porter's Neck to get new Lowe's Home Improvement

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New Hanover County commissioners approved a rezoning request on Tuesday to green-light the project. Residents in the area originally opposed it, claiming it would bring an unsafe increase in traffic. Full story...
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RBC Centura to acquire Alabama National in $1.6 billion deal

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RBC Centura Banks says today that it has agreed to acquire Alabama National BanCorporation in a deal valued at about $1.6 billion. Full story...
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History of the iPod

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videoThe iPod is the most popular device for listening to music and it's changed over it's six-year lifespan. Full story...
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Reports indicate good, bad news for housing market, economy

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As investors and market watchers keep an eye on the unfolding mortgage mess, two economic reports released Tuesday appear to indicate the troubles in the housing market could be impacting the economy overall. Full story...
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Pender Memorial Hospital to raise rates

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Pender Memorial Hospital could be raising its rates by four percent in the coming year. The hospital's chief financial officer says the increase would raise more than $100,000 to help offset inflation. Full story...
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Labor Day weekend a success for local businesses

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Many local business owners said this is one of the busiest Labor Day weekends in years. Full story...
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End of summer means less help for some local businesses

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This weekend marks the end of the summer beach season, and by most indications it has been a good one for local businesses.

Full story...
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Krispy Kreme franchisee files for bankruptcy

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More bad news for struggling doughnut maker Krispy Kreme. A company that once was the largest franchisee of Krispy Kreme has filed for Chapter 11 protection. Full story...
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Two companies competing to build convention center hotel

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Two companies are vying for the right to build a full-service hotel at Wilmington's new convention center. Full story...
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Adult novelty business takes down signs

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A local business that's been causing controversy is still up and running, but with an important change. Last week some parents complained about guilty pleasures opening so close to the daycare their children attend on 23rd Street. Full story...
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Adult novelty store violates zoning ordinances

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videoA local adult novelty store may be forced to shut down just days after opening. Friday zoning inspectors found Guilty Pleasures off 23rd Street in Wilmington in violation of City ordinances. A City spokesperson says Guilty Pleasures originally submitted a zoning plan to be a warehouse-only establishment. Full story...
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Parents want adult warehouse shut down

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videoA Wilmington adult warehouse is open for business. Just four days after it's opened its doors, some folks want it shut down. Full story...
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Stocks rise after discount rate cut

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Stock prices are still gaining on Wall Street. The Dow Jones industrials are gaining, after six straight days of losses. Full story...
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Another downward session on Wall Street

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It's another downward session on Wall Street. Stocks are continuing their plunge for a sixth straight session, with the Dow industrials registering the third consecutive triple-digit loss. Full story...
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