Recent News

Cooper announces statewide curfew, additional restrictions effective Friday, Dec. 11

December 8, 2020

RALEIGH — Today, Governor Roy Cooper announced additional new restrictions in response to COVID-19. According to a press release from Cooper’s office, the order: Requires people to stay at home between 10 p.m. and 5 a.m. and takes effect Friday, December 11 and will be in place until at least January 8, 2021.Requires restaurants, bars,…

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Atlantic Packaging Announces Fishbone Recyclable Can Carrier System

December 8, 2020

WILMINGTON, N.C., — Atlantic Packaging recently announced the launch of a recyclable can carrier system, Fishbone, to replace plastic ring handles. The Fishbone beverage carrier is a curbside recyclable, biodegradable, and performance tested product that will eliminate single use plastic from beverage packaging. Single use plastics are a known threat to our environment, generating millions of tons…

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N.C. Business Roundup: Dec. 8, 2020

December 8, 2020

by Frank Williams The following highlights noteworthy business news from across North Carolina. Raleigh-based Shanahan Law Group merges with Nelson Mullins: Shanahan Law Group PLLC, a prominent business law firm in Raleigh, has joined Nelson Mullins Riley & Scarborough as of Dec. 1. Former federal prosecutor and four-term Raleigh City Councilman Kieran J. Shanahan founded Shanahan…

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Health care and business communities join forces on COVID-19

December 7, 2020

RALEIGH — The North Carolina Medical Society (NCMS), the North Carolina Retail Merchants Association (NCRMA), the North Carolina Farm Bureau Insurance Group and the NC Chamber have come together to strongly encourage the public to follow public health guidelines in order to help protect our communities against COVID-19 and keep businesses open. View a video…

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Wilmington-based PPD Recognized as a Best Place to Work in Greater China

December 7, 2020
PPD

WILMINGTON, N.C. – PPD, Inc. (Nasdaq:PPD) has been named one of the Best Workplaces in Greater China™ by Great Place to Work®, a global authority on high-trust, high-performance workplace cultures that provides executive advisory and culture consulting services to businesses, nonprofits and government agencies. The honor builds on the announcement by PPD to adopt a…

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North Carolina’s Southeast Welcomes Barnhill, SynTerra as Investors

December 4, 2020

ELIZABETHTOWN, N.C. — Two leading business names are making significant commitments to regional economic development as North Carolina’s Southeast welcomes Barnhill Contracting and SynTerra Corporation to its roster of private investors. The addition of the two companies brings technical expertise, seasoned leadership and financial resources to the organization’s mission of attracting new jobs and businesses…

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Brunswick County Association of REALTORS® raises nearly $60,000 to provide bicycles, tricycles and scooters for Brunswick County Children in need

December 4, 2020

SHALLOTTE, N.C. – The Brunswick County Association of REALTORS®’ 2020 Holiday Giving fundraiser, previously known as Bucks 4 Bikes, reeled in $59,252, nearly $15,000 more than 2019. The fundraiser, which is held in partnership with Brunswick Family Assistance, collects donations from BCAR members and other Brunswick County residents and businesses to provide bicycles, tricycles and…

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Carolina Journal politics week in review, Nov. 30-Dec. 4

December 4, 2020

by Julie Havlak, Carolina Journal News Service Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed. School COVID testing: North Carolina is launching a program to help public schools test symptomatic students and staff. The state will provide free tests…

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Over Half of Small Businesses Looking to Hire, Having Difficulty Finding Workers

December 4, 2020

WASHINGTON, D.C. — Small businesses reported a historically high level of job openings in November, according to NFIB’s monthly jobs report. Overall, 53% reported hiring or trying to hire in November, down 2 points from the previous month. A seasonally adjusted net 21% of owners are planning to create new jobs in the next 3 months, up…

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NC Homeowners Alliance Opposes Insurance Rate Increase

December 3, 2020

RALEIGH, N.C. — Through the NC Rate Bureau, North Carolina’s insurance companies have collectively proposed a 25 percent increase on property insurance premiums. On December 10 from 10:00 am to 3:00 pm, Insurance Commissioner Mike Causey will hold a virtual public hearing on this issue.   “The NC Homeowners Alliance opposes the insurance companies’ outrageous efforts to raise rates by 25 percent…

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Duke Energy Progress says customers will see bills go down in December

December 3, 2020

RALEIGH, N.C. — Duke Energy Progress customers in North Carolina will see more than $4 in savings on their monthly energy bills beginning in December due to the combined impact of annual rate adjustments. Overall, energy costs will decrease 3.9% for residential customers, 3.6% for commercial customers and 2.3% for industrial customers. The total monthly impact for a typical…

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Holly Childs named new CEO of Wilmington Downtown, Inc.

December 3, 2020

WILMINGTON, N.C. — Wilmington Downtown, Inc. (WDI) recently announced that Holly Childs has been appointed as the organization’s new President and Chief Executive Officer. Her first official day with WDI will be January 4, 2021. Childs has 15 years of public sector economic development leadership roles in cities such as Pittsburgh, Cincinnati, and metro Phoenix,…

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Business Advice & Expertise

Tough Love for the Entrepreneurs Can Hack the Complacent Startup Ecosystem

March 12, 2021

The startup ecosystem is a living and growing organism that most cities are trying to add to their modern economic development strategy for job creation. The startup ecosystem is typically a very positive kumbaya environment. There are lots of smiles around town while people with rose colored glasses are selling more commercial and residential real…

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How Changes in Purchasing Decisions Could Affect Your Business

March 11, 2021

Yesterday I was a last-minute speaker for a business group, filling in for a planned speaker who was under the weather. I had to put on my thinking cap and come up with an interesting topic with little time to spare. Given that we are now at the one-year anniversary of COVID-19’s initial impacts on…

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Owned Media: Don’t Put All of Your Eggs in a Basket Controlled by Someone Else

March 5, 2021

When I first entered the public relations profession shortly after college, we typically heard about two types of media: earned media and paid media. Thanks to technology-driven changes, social media and owned media have become increasingly prevalent communication tools in recent years. Paid media refers to tools such as traditional advertising and direct mail. While…

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Opinion & Commentary

OPINION: Government Shouldn’t Set Prices

June 16, 2021

by John Hood RALEIGH — I once found a $20 bill on a sidewalk in Washington, D.C. I picked it up, thus ruining the punchline of an old joke. Two economists are walking along when one points to a $20 bill. The other shakes his head. “That’s not really there, because if it were someone…

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OPINION: Cutting Corporate Tax Helps Consumers

June 10, 2021

by John Hood RALEIGH — With negotiators for the North Carolina House and Senate confirming that they’ve agreed on the broad outlines of a state budget for next year, the prospect of ending the state’s 2.5% corporate income tax is one step closer to becoming reality. A phase-out is already in the Senate’s budget plan,…

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OPINION: Will Hybrids Drive the Economy?

June 3, 2021

by John Hood RALEIGH — Plenty of politicians, planners, and business folks think they know what North Carolina’s post-pandemic economy will look like. But few seem entirely sure. They are noticeably hedging their predictions, which I consider to be a wise precaution. They ought to be hedging their bets, as well. There are unanswered questions…

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