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Economy

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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Progress Energy CEO to speak at NC economic forum

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The chief executive officer of Progress Energy is among those speaking at the Economic Forecast Forum in Research Triangle Park. Full story...
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Proposed bill would ban cheery SC greeting mandate

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Two South Carolina legislators say state employees shouldn't have to answer the phone with Gov. Nikki Haley's mandated cheery greeting unless it's truly a great day in South Carolina. Full story...
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Wilmington shoppers say they would be sad to see Sears go

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video It's quitting time for more than 100 Sears and Kmart stores across the country. Sears Holding announced Tuesday that the company would have to close the stores, fueling speculation about whether Sears, which has a 125-year history, can turn itself around and survive. Folks in Wilmington say they go out of their way to shop at Sears because of its long history. Full story...
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NC jobless rate dips to 10 percent in 6-month low

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North Carolina's unemployment rate has dipped to 10 percent, the lowest since June, as the private sector added roughly 4,600 jobs. Full story...
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Christmas tree sales affected by the economy

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videoFinances are putting a damper on Christmas tree sales. At least, that's what some Christmas tree lots are reporting this season. Full story...
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