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Economy

MetLife to move 2,600 jobs to NC from NE, Calif.

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Insurance giant MetLife Inc. is moving 2,600 jobs from offices in four Northeast states and California to North Carolina, which is offering tax and other incentives that could be worth almost $100 million. Full story...
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Wilmington water bills may be going up $5 per month

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video Under the proposal, the average residential customer using 10,000 gallons bi-monthly would see a rate increase that will address more than $25 million dollars in future sewer and water infrastructure projects, as well as increased operating costs and service on CFPUA’s debt. An average residential customer will see their bill rise $4.90 a month or $9.80 every billing period. CFPUA’s billing cycle is every other month. Full story...
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Castle Branch to bring headquarters, 420 jobs to Wilmington

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video After looking into opportunities in California and Canada, Castle Branch, which does background and drug screenings for employers, says Wilmington is the place it will continue to call home. Full story...
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Sequester could have big impact on Coast Guard, Diligence

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video We're just days away from major federal spending cuts going into effect if the White House and Congress cannot reach a compromise. The sequester is a series of automatic cuts that will affect most government agencies, as well as thousands of people in our area, including the crew of the Coast Guard Cutter Diligence. Full story...
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DAK Americas might close Navassa plant

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videoDAK Americas is considering shutting down its plant in Navassa, the company said Wednesday. The Brunswick County plant employs 350 full-time employees as well as another 250 contract workers. Full story...
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City Council, County Commission agree to work together

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video They’re two of the most influential governing bodies in our area and after some bad blood in the past it appears that the New Hanover County Commissioners and the Wilmington City Council are finally seeing things eye to eye. Full story...
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Leland businesses worried about possible sign restrictions

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video Business owners in Leland are worried potential restrictions on signs in town could cost them money. Thursday town council will discuss limiting signs to a maximum height of six to eight feet depending on the business's zoning area. Full story...
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McCrory talks up priorities in NC State of State

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videoRepublican Gov. Pat McCrory says his new administration will focus on the economy, education and the efficiency of state government services. Full story...
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Obama pushes for higher minimum wage on plant tour

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videoPresident Barack Obama is pushing for a higher minimum wage because he says Americans who work full time should not be in poverty. Full story...
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Southport businesses cash in on 'Safe Haven'

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Southport is attracting fans from all over thanks to the movie "Safe Haven." The movie was filmed in and around Southport last summer, and even hand-picked a few local stores for several scenes. Many of these stores have been cashing in on the movie which does not even hit the big screen until Valentine's Day. Full story...
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