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Economy

Walgreens buying Raleigh-based Kerr drugstores

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Walgreens announced Tuesday that it has entered into an agreement to buy Raleigh-based Kerr drugstores. Financial terms of the deal were not released. Full story...
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Lee Controls to create 77 jobs in Brunswick Co.

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videoLee Controls, LLC is a world-class manufacturer of round rail products. The company produces precision linear motion components, including linear precision balls, ceramic, and Teflon® bearings, pillow blocks, and accessories such as carriage locks, carriage plates, and ball screws. Full story...
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Wilmington & New Hanover Co. may pay half million in incentives to Live Oak Bank

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Wilmington and New Hanover County officials are considering ponying up $575,000 worth of incentives for Live Oak Bank. Full story...
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Raleigh increases number of propane-powered cars

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The Raleigh Police Department is increasing the number of police vehicles powered by propane gas. Full story...
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Wake Forest Baptist eliminates merit raises

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Wake Forest Baptist Medical Center has cancelled a 1.5% merit raise for employees. Full story...
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Brunswick Co. beach businesses report successful summer

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video It's the unofficial end of summer, and business owners in Brunswick County say it's been one of the best they have seen in years. Full story...
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Discussions continue on how to protect, regulate mouth of Cape Fear River

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videoThe Cape Fear River is both an environmental resource and an economic engine in our area. A meeting today continued the discussion about how best to protect and regulate the mouth of the river and the area around it. Full story...
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MPAA says not extending film incentives already hurting NC

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video Major film and television series producers are warning the state could lose thousands of jobs and millions of dollars it does not extend tax incentives set to expire next year. Full story...
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New Hanover sees big growth in tourism spending

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videoNew Hanover County was among the counties that saw the greatest growth in tourism spending last year, according to the governor's office. State leaders say all of North Carolina's 100 counties saw increases in visitor spending in 2012. Full story...
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Economy has adults seeking education

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videoCape Fear Community College graduates chose to continue their education for many different reasons. Full story...
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St. James Plantation selling home every 28 hours

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What’s fueling the growth? “The biggest factor is the Baby Boomers from the northeast are returning to the market in force,” said Tom Condon, director of sales at St. James Plantation. Full story...
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NC unemployment rate for June remains unchanged

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North Carolina's unemployment rate remained unchanged in June, staying at 8.8 percent. But state Department of Commerce figures show that employers in North Carolina dropped nearly 11,000 jobs from May to June. Full story...
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President of embattled NC Rural Center retires

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The longtime president of the embattled North Carolina Rural Economic Development Center has announced he will retire, effective immediately. Full story...
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City, county, UNCW want to rebrand area's offerings

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video The City of Wilmington, New Hanover County and UNCW want to join forces along with businesses leaders for a large community partnership that will focus on rebranding the area's economic goals. Full story...
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NC becomes 1st state to drop federal jobless funds

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North Carolina is cutting unemployment benefits for new claims beginning Sunday, a move that also makes it the first state disqualified from a federal unemployment compensation program for the long-term jobless. Full story...
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