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Economy

Gov. Perdue sheds some light on plan to draw big employer to Cape Fear

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video Gov. Bev Perdue says she met with a big employer last week about setting up shop in our region, but details are still very hush-hush. Full story...
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Caterpillar met recently with local elected officials, school leaders as site pick nears

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video School officials in New Hanover County say Caterpillar talked to them and Brunswick County educators recently to discuss their schools. Why here? In an e-mail to Peoria County, IL, Caterpillar reportedly said it wants to move the factory closer to its facility in Cary and wants better port access. Full story...
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'Best value' colleges: Some have high price tags

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The latest list of America's "best value" colleges includes several with the highest sticker prices in the nation, according to a new ranking released Monday. Full story...
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Developers plan Chinatown outside Raleigh

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A North Carolina developer is planning to turn a nearly deserted outlet mall across Interstate 40 from Raleigh-Durham International Airport into a center of Chinese commerce Full story...
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National unemployment rate falls to 8.3 pct. after hiring surge

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The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth. Full story...
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ONLY ON 3: Entrepreneurs look for chance to hatch business in Burgaw Incubator Kitchen

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video The Burgaw Incubator Kitchen has helped one business get off the ground and even expand. It's a success story for both the kitchen and the small business. The problem is, the business has been using the kitchen for nearly two years.. It's leaving some entrepreneurs wondering when it's their turn. Full story...
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Unemployment surges in Brunswick, Columbus, Bladen

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Unemployment was up in 93 of North Carolina's 100 counties during December, including four of five counties in our area, according to numbers released this morning by North Carolina Department of Commerce - Labor and Economic Analysis Division. Full story...
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McComas: Project Road Runner speeding along

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We're starting to get more details about a plan to bring a new industry to southeastern North Carolina. State Rep. Danny McComas (R-19th District) says the so-called Project Road Runner is good for the community, the region and the state. Full story...
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Stakes high for NC as airlines scout more mergers

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Signs of more airline industry consolidation are raising questions about the US Airways hub that's key to luring businesses to the Charlotte area. Full story...
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Details hush-hush on new effort to bring jobs to Brunswick County

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After a failed bid to bring "Project Soccer" to southeastern North Carolina, Gov. Bev Perdue may be trying to get another company to bring jobs to the area. Full story...
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Sierra Nevada chooses NC for East Coast expansion

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West Coast craft beer-maker Sierra Nevada Brewing Co. is opening a production site in North Carolina to expand its East Coast reach. Full story...
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BofA debit fee plan led to 20% jump in closed accounts

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The days of the easy fee grab may be coming to an end. Bank of America's failed plan to impose a $5 monthly debit card fee led to a 20 percent increase in closed accounts in the last three months of 2011 and a public relations headache, which other companies may be keen to avoid. Full story...
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ONLY ON 3: Addition of high-end business sign of economy recovery in Wilmington

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video The Wilmington of the future will look a little different than it does today. Two high-end businesses are coming, and it appears another well-known national chain wants to set up shop here. All this despite the state of the economy. Full story...
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NC Freightliner factory to add 1,100 jobs

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Daimler Trucks North America has announced it will hire 1,100 workers to build long-distance trucks at its NC Freightliner plant as it bulks up after the recession. Full story...
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Unemployment falls to three-year low as economy adds 200K jobs

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A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. Full story...
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