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The North Carolina Edit

Business

Capital, banking and the new economy of the Carolinas.

Wake Commissioners Back WakeMed's Combination With Atrium Health
Business

Wake Commissioners Back WakeMed's Combination With Atrium Health

After a five-hour hearing, the county board voted 5-2 to let the deal move forward, citing a revised offer with price-increase limits and a higher charity-care floor. State and federal review is not over.

A Navy Aircraft Repair Complex Opens in Kinston
Business

A Navy Aircraft Repair Complex Opens in Kinston

Officials cut the ribbon on a Fleet Readiness Center East hangar at the North Carolina Global TransPark that will overhaul C-130s and HH-60W helicopters and bring more than 400 jobs to eastern North Carolina.

Caterpillar Commits $1 Billion to a New Sanford Plant
Business

Caterpillar Commits $1 Billion to a New Sanford Plant

The heavy-equipment maker says a new Lee County factory will expand output of compact track loaders and telehandlers. It has not said how many jobs the project will create.

Two Financial Names Open in Charlotte, Adding Nearly 900 Jobs
Business

Two Financial Names Open in Charlotte, Adding Nearly 900 Jobs

Daimler Truck Financial Services has opened its North American headquarters in Ballantyne, and Capital Group has launched an East Coast operations hub, in a pair of ribbon-cuttings attended by Governor Josh Stein.

How Charlotte Quietly Became the Banking Capital of the South
Business

How Charlotte Quietly Became the Banking Capital of the South

Second only to New York in banking assets, the Queen City has turned uptown towers into a financial engine that now rivals Wall Street for talent.

Modern Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Business

Modern Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.