Category: Economyby Patricia Cohen, New York Times, January 19, 2015. The richest 1 percent are likely to control more than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening global inequality comes just as the world’s business elite prepare to meet this week […]
by Richard Craver, Winston-Salem Journal, January 18, 2015. Tax filing season begins in earnest Tuesday in North Carolina, with significant federal and state changes that could confuse and exasperate some taxpayers. For example, North Carolinians will be required for the first time to provide basic information regarding their health insurance, or whether they had any […]
by Kathryn Brown, WRAL, January 14, 2015. Banana producer Chiquita Brands International’s notice Wednesday that its headquarters will leave Charlotte by the end of next year – a loss of about 300 jobs – is the latest in a series of similar announcements from several large companies and corporations in recent weeks. Is it a coincidence, or […]
by Kathryn Brown, WRAL, January 5, 2015. Hundreds of business leaders from across North Carolina convened in Research Triangle Park on Monday to hear from experts in the fields of business, government, education and nonprofits about their predictions for the economy in 2015. The annual Economic Forecast Forum was hosted by the North Carolina Bankers […]
by Ely Portillo, Charlotte Observer, December 31, 2014. Shares of the 50 largest publicly traded companies headquartered in North Carolina rose faster than the stock market as a whole in 2014, driven in part by a resurgence in mergers and acquisitions that boosted prices of some of the state’s most prominent companies. Of the state’s […]
by Jon Murawski, News and Observer, December 19, 2014. North Carolina’s jobless rate fell to 5.8 percent in November, the lowest since May 2008, as the state’s economy gains force in the second half of the year. The state’s jobless rate fell from 6.3 percent in October and has dropped from 7.4 percent one year […]
by David Bracken, News and Observer, December 3, 2014. The Triangle felt the brunt of the global restructuring now taking place in the pharmaceutical industry on Wednesday as GlaxoSmithKline announced plans to cut 900 jobs here. GSK, which has seen its sales deteriorate faster than expected over the past year, is shrinking both its research […]
by John Murawski, News and Observer, November 23, 2014. North Carolina’s jobless rate dropped to 6.3 percent in October, putting it at nearly its lowest level since the recession ravaged the state six years ago. October’s jobless rate is down from 6.7 percent in September and down from 7.5 percent a year ago. That put […]
by Mark Binker, WRAL, November 21, 2014. Gov. Pat McCrory spiked the economic football Friday, pointing to a dropping unemployment rate and a milestone number in North Carolina’s job report. “North Carolina has now recovered all of the jobs lost during the recession,” McCrory said in a statement. “We will remain focused on long-term job creation because […]
by Rick Smith, WRAL TechWire, October 21, 2014. Jim Goodnight runs the world’s largest privately held software company with more than $3 billion in revenues and operations from China to Latin America. Yet the billionaire founder of SAS continues to invest in jobs and in facilities at the company’s Cary headquarters. On Tuesday, he unveiled […]
