Latest North Carolina News
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NASCAR correspondent Shannon Spake on motherhood
Michelle Lloyd Mom of twin boys, Shannon Spake started working for ESPN to cover NASCAR. Shannon will be in the pit covering the Coke 600 this weekend! Read more about Shannon and how she got started with ESPN! Q. How did you get started with ESPN? A. I was hired in 2007 when ESPN regained the NASCAR contract. I was originally hired to cover NASCAR exclusively, but have been able to ...
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Guilford County Winston-Salem see robust home sales in April
Homes sales have climbed 40 percent in Winston-Salem and 39 percent in Guilford County.. Guilford County and the Winston-Salem area notched strong levels of home sales in April, according to reports from Realtors groups in both areas. Winston-Salem saw 582 existing single-family homes sold in April, up 40 percent from the 416 sold a year prior and up 7 percent from a month ago, according to the ...
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The loyalty behind Biogens Tysabri drug
U.S. Food and Drug Administration-recommended two years. The drug, manufactured in Research Triangle Park by Biogen Idec (Nasdaq: BIIB), comes with a hefty risk- that of activating a lethal virus that more than half of MS patients harbor. After two years, the risk increases. But to patients such ...
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Can Medicare Advantage program play a part in health care savings
As health care leaders continue to look for ways to cut costs, the Medicare Advantage model might be a decent place to pull from. A recent study showed that utilization rates in some major categories, including emergency departments and ambulatory surgery or procedures, generally were 20 to 30 percent lower for patients enrolled in Medicare Advantage HMOs than for those with Medicare ...
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Is N.C.s real unemployment rate more like 16
U.S. Department of Labor . The national U6 rate for the same period, meanwhile, averaged 14.5 percent. Unlike the traditional jobless rate that's announced each month - which counts people without jobs and those actively looking for a job - U6 includes other categories as well. They are total unemployed, plus total employed part-time for economic reasons, plus all marginally attached ...
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Businesses win Crowns of Enterprise awards
Four local businesses were honored Thursday night at the second-annual Crowns of Enterprise Awards ceremony, hosted by the City of Charlotte and Mecklenburg County. The businesses that won the award were recognized for demonstrating "exemplary leadership and sound business ...
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No problems expected in Morganton sewage spills
MORGANTON -- Officials in Burke County say they don’t expect any lasting impact from the spill of about 782,000 gallons of sewer water this week following heavy thunderstorms. Joshua Harris, a spokesman for the City of Morganton, said two spills were reported after storms dumped more than 4 inches of rain in a four-hour period near Morganton. Water Resources Director Brad Boris said most ...
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Ex-reporters challenge city Panthers deliberations
A group of former Charlotte TV and radio reporters who filed suit in 1971 to end the city councils practice of back-room meetings returned to a whole new courthouse to revisit the same old issue more than four decades later: secret meetings. This time around its all about Charlottes City Council posting an armed guard outside a closed-door meeting with Carolina Panthers owner Jerry ...
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New provost named as leadership changes at UNC-Chapel Hill
CHAPEL HILL As a new leadership team takes shape at UNC-Chapel Hill, an insider has been named as the second-in-command to incoming Chancellor Carol Folt. Jim Dean, current dean of the universitys Kenan-Flagler Business School, will be the next executive vice chancellor and provost. He succeeds Bruce Carney, who is returning to the faculty after four years as provost. As the chief academic ...
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Top of the List General Contractors
Balfour Beatty Construction's Charlotte office billed $418 million in 2012. This weeks Charlotte Business Journal lists the areas top general contractors, ranked by 2012 local billings. Balfour Beatty Construction tops the list again this year with $418 million in local billings. Balfour Beatty lists the SPX Corp. headquarters and Peak 10s Charlotte 4 data center in University Research Park ...
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2 tractor-trailers crash near Shelby 1 injured
Authorities are still investigating, and troopers said Highway 74 west of Shelby would likely be closed most of the day Friday while crews cleaned up the crash ...
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Winston-Salem property-tax rate increase proposed + Former Dobson mayor dies + Ziggys By the Sea to open in Wilmington
-- Winston-Salem City Manager Lee Garrity has proposed a $379 million budget that includes a property-tax rate increase to make up for a drop in property values due to revaluation, the Winston-Salem Journal reports. The proposal would raise the citys tax rate about 8 percent, from 49.1 cents per $100 of assessed value to 53 cents. However, the majority of homeowners in the city would see their ...
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Jennifer Lopez teams with Verizon on retail startup
Jennifer Lopez is getting into the mobile phone business with Viva Movil, aimed at Hispanic consumers. Jennifer Lopez may not be an expert on mobile technology just yet, but the star claims deep knowledge of the Latino consumer and says she will be using that insight to form a partnership with Verizon Wireless (NYSE:VZ) on a chain of targeted mobile-phone stores called Viva Movil. Lopez, whose ...
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Analyst Neiman Saks merger not likely to happen soon Video
May 23 (Bloomberg) -- Bloomberg's Betty Liu reports on today's "Top Headlines." She speaks on Bloomberg Television's "In The Loop." Neiman Marcus' private-equity owners have held on to the retailer for eight years. Don't expect a merger between Neiman Marcus Group and Saks Fifth Avenue anytime soon, even though news reports this week have indicated such a deal ...
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Lincoln escapee caught near beach
LINCOLNTON -- An inmate who escaped from a state prison unit Thursday in Lincoln County is back in custody after being caught several hours later by police near Myrtle Beach. Ronald Billings, 38, was reported missing about 2:45 p.m. Thursday from his job site in Lincolnton. Billings, who is serving a seven-year sentence for breaking and entering, forgery and other property crimes, had been in a ...
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Man arrested at Speed Street after hitting officer
WCNC Charlotte-Mecklenburg police arrested one man and charged him with assaulting an officer Thursday evening at Food Lion Speed Street. Officers told NBC Charlotte one of them was apparently hit during the scuffle. Speed Street has been deemed an extraordinary event, which means police have more power to keep the peace. Speed Street will continue at noon Friday and runs through Sunday. ...
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Gray seal spending time on NC beaches
CAROLINA BEACH, N.C. Beachgoers in North Carolina this holiday weekend may get a rare opportunity to spot a gray seal. The seal was first spotted May 16 on the north end of Wrightsville Beach. Since then, it has moved on to Carolina Beach and Kure Beach. University of North Carolina at Wilmington marine biologist Ann Pabst says this is the furthest south the species has been spotted in North ...
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NC Senate OKs $20.5 billion budget
The N.C. Senate has passed a $20.5 billion budget. The N.C. Senate passed 33 to 17 on Thursday a $20.5 billion spending plan that includes a $770 million tax cut over the next two fiscal years, the Triangle Business Journal reports. Unexplained, however, are exactly how the cuts will be made. Senate leaders had earlier unveiled a tax-reform package that reduced personal and corporate rates over ...
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City of Raleigh names employee of the year
The City of Raleigh named its Employees of the Year on Thursday. The City of Raleigh on Thursday named John Sams, who works with the Raleigh Television Network, as the city's 2012 Employee of the Year. For his commendable work, he received a plaque and a $500 award. Additionally, nine other city workers were named departmental Employees of the Year, ...
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IRS offices closed today due to budget cuts
Internal Revenue Service offices across the Carolinas and elsewhere in the nation are closed Friday, due to budget cuts caused by sequestration. IRS employees are being furloughed for five days this summer, and the unpaid days off are being spread across a three-month period -- with closures on four Fridays and a Monday. That means anyone planning to do business at the IRS office in east ...
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Friday morning traffic update
Traffic conditions are excellent -- with one exception -- at 7 a.m. Friday across the Charlotte region. The exception is in Cleveland County, where the westbound lanes of U.S. 74 are closed west of Shelby because of a tractor-trailer collision. Motorists are being detoured in that area, and it appears as if the road will remain closed for at least another hour. Otherwise, there are no reports ...
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Matthews police employee charged with embezzlement
A Matthews Police Department employee was arrested Thursday and charged with embezzling property that had been confiscated during criminal cases. Police said Melissa Guillet, 35, was charged with three counts of embezzlement of funds by a public officer. Authorities accused the six-year police employee of taking about $2,000 and a handgun. Police Chief Rob Hunter said the property belonged to ...
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NC attorney charged with taking $100K from trust
The State Bar says an investigation showed Veazey mishandled client funds that had been deposited into his trust account. The bar put Veazey on disability inactive status in January after a Henderson County judge found him to be "mentally ill and a danger to himself and ...
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Dunkin Donuts looking for franchisees in Triangle N.C.
This note from Zack's investment research says it all -- Dunkin' Brands Group Inc. (Nasdaq: DNKN) has 44 stores across the state but wants more. Maybe to compete with our ...
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Coffee spill alert NCSU researchers say cockroaches are getting smarter
The fact that North Carolina State University is a publicly funded organization (although we are not sure who funded this study), any research that may have business or consumer impact is of interest to us. So, we are briefing you on cockroach behavior this morning after we saw this report from the NCSU researchers in the respected journal Science. NCSU researchers say some cockroaches are able ...
Digest Charlotte
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Middle and high school students becoming more isolated?
While the number of middle and high school students admitting to being bullied in surveys has gone up, the number of students actually reporting abuse is decreasing, suggesting that students may be withdrawing into themselves.
Students at Charlotte-Mecklenburg Schools get polled every two years by health officials in order to keep a watch on activities that might put them at risk, such as drug abuse, alcohol use, anti-social behavior and smoking. Read more
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