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Economy

NC says wine industry grew 58 percent in 4 years

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A study finds North Carolina's once-fledgling wine industry, grape growers and related businesses are directly responsible for employing about 3,800 and those workers generate another 3,700 jobs. Full story...
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NC sees jobless rate climbs again, to 10.4 percent

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North Carolina's unemployment rate jumped in August with fewer workers drawing a paycheck and nearly 12,000 more jobless. Full story...
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Duke, Progress want limits on NC's merger hearings

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Duke Energy and Progress Energy are asking North Carolina regulators to skip consideration of the economy in deciding whether to approve the companies' merger into the country's largest electric utility. Full story...
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Bank of America will cut 30,000 jobs

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Bank of America says it will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The troubled bank says it expects many of the cuts will come through attrition and eliminating unfilled positions. Full story...
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Charlotte shows DNC where to find goods, services

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Charlotte businesses eager to sell products and services when the Democratic National Convention arrives next year are getting a boost with a one-stop shopping guide. Full story...
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College freshmen hopeful about future despite tough economy

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video Some say the economy is recovering. Others think we're still in a recession. Either way you look at it, the truth is: it's still difficult to find jobs. Full story...
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NC government losses push jobless rate to 10 percent

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North Carolina's unemployment rate topped 10 percent in July as layoffs by school districts and other government employers outweighed private sector gains. Full story...
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Toyota of Wilmington to expand despite Japan tsunami and economic recession

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video Toyota of Wilmington broke ground today, expanding their dealership to 65,000 square feet. But with the economy still in the dumps and the tsunami in Japan impacting Toyota, is this really the best time to expand? Full story...
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Tourism spending increases in New Hanover county and statewide

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Tourism spending is up in New Hanover county. The county ranks 9th in the state for economic impact through tourism. Full story...
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