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Business

Profits melted by Mother Nature

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videoThis summer has been a bit of a mixed bag for business at area beaches. What Michael Velez says, he says with a smile. He said running Carolina Beach Creamery has been a dream come true, of sorts. But, a bit of a letdown too. Full story...
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White House honor comes as vet's business totters

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A former Marine Corps sniper in Iraq who started a coffee shop that employs fellow veterans is to be honored at a White House event Wednesday even as he solicits online donations to stay open. Intrepid Life Coffee & Spirits owner Matt Victoriano admitted Tuesday it's ironic to be honored as an example of the successful veteran-turned-entrepreneur when he may have to shut down in less than two weeks. Full story...
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Wilmington Walgreens robbed Saturday

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video An armed robbery of a Wilmington Walgreens off of Oleander and South College occurred Saturday afternoon. Full story...
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Development chief: Project Diamond still in the works

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videoA project that could bring business and jobs to the Brunswick-Columbus county line may not be dead after all. Full story...
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NC justices uphold order that led to rate rise

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videoThe state Supreme Court has upheld a decision by North Carolina electric power regulators that allowed a Duke Energy subsidiary to raise rates on residential customers of the former Progress Energy by 7.5 percent over two years. Full story...
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Annual regulatory changes OK'd by NC legislature

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The annual Republican list of changes to North Carolina regulations for business and the environment is headed to Gov. Pat McCrory for his approval. Full story...
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Lumina Commons sold for millions

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videoThe Lumina Commons shopping center in Wilmington has a new owner. A real estate investment company bought it for $13.9 million. Full story...
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NC Film Office says production has spent $268 million and created 19,000 jobs in last six months

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As of July 15, more than 40 productions had filed “intent to film” forms indicating that they have filmed or will film in the Tar Heel State. The resulting activity accounts for more than 3,300 production days spread across 35 of the state’s counties. The job opportunities include more than 3,000 crew positions for the North Carolina’s highly skilled film professionals, 500 well-paying talent opportunities and 15,000 background talent positions. Full story...
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Lottery winner from Horse Shoe is lucky twice

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Where else but the town of Horse Shoe would a person get lucky twice in the N.C. Education Lottery? Self-employed painter Ivan Gilbert is a two-time winner. He won $1 million this week in the $120 Million Cash scratch off game. In May 2012, Gilbert won $100,000 in the Super Lucky 7s game. Full story...
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