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Economy

Wrightsville Grille closes

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Wrightsville Grille opened in 2005. Owner Colin Smith says the bank called in the loan they had given the restaurant, but he could not pay back all the money. Full story...
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Tax-free weekend good news for shoppers, stores

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videoWhat's more perfect than shopping on a rainy Friday afternoon? How about the fact that today kicks off the tax-free shopping weekend in the Tar Heel State? Shoppers hit stores early to cash in on this special deal. Full story...
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Young entrepreneurs profit off produce

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video Some recent college grads are literally reaping the fruits of their labor. Chris Hutchens, Sven Wallin and Andrew Cameron put their college degrees on the back-burners and are now rookie entrepreneurs. Full story...
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Rental rates up for 4th of July holiday

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According to a survey of 21 rental properties and hotels, 47 percent say bookings were about the same as last year''s holiday. Forty percent say numbers were up. Full story...
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Businesses cash in on World Cup fever

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video The beautiful game is creating a beautiful business opportunity for area restaurants and bars. Businesses like the Harp on 3rd Street in Wilmington are opening up earlier than usual showing the World Cup games live. The move is bringing in a strong and steady stream of customers. Full story...
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Unemployment down in NC for 3rd straight month

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The signs for jobless North Carolina residents are improving as the May unemployment rate fell for the third straight month, this time to 10.3 percent. Full story...
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As summer arrives, seafood prices climb

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Higher prices are the story on seafood menus across the area, just in time for the summer tourism season. Seafood markets and restaurants alike agree it's a combination of a shorter supply partly due to the Gulf oil spill as well as higher demand with the onset of summer. Full story...
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Unemployment drops in 99 of NC's 100 counties

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videoThe unemployment rate in the Wilmington metro area dropped to 9.7 percent from 10.6 percent in March. Full story...
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Soccer tournament gives businesses a leg up

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video Local businesses got a kick out of this weekend's 17th annual Seaside Soccer Classic. More than 4,000 soccer players and their family and friends made a trip to Wilmington this weekend. Full story...
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Homebuyers racing clock for tax credit

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video The race against the clock is almost over for homebuyers trying to find the perfect house, at the perfect price. Today is the last day for the first time homebuyer tax credit, which saves buyers as much as eight thousand dollars. Full story...
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ONLY ON 3: Job market tough as college graduation nears

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videoUnemployment rates are still high, and that's putting a damper on some UNCW seniors' spirits as they prepare to graduate. Full story...
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Federal tax incentive ends April 30

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video A federal tax incentive to motivate people buy new homes ends in a few days. Full story...
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Former bank CEO starts over

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videoIt's become a familiar story for many as the nation struggles with a devastating economy: losing your job and having to start over from square one. Rick Willetts was the head of Cooperative Bank. Last June the bank collapsed; the tough economy devouring what he had taken so much pride in. Full story...
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Local firms upset with tourism marketing outsourcing

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videoThey're speaking out against the recommendation because it urged Wrightsville Beach to use a marketing firm from South Carolina to promote tourism in our area. Full story...
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Azalea Festival brings business boom

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video There were concerns prior to the festival that the front street improvement project might hurt profits, but shops and restaurants say business was good. Full story...
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