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Business

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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