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It’s official: Gov. Pat McCrory on Tuesday signed legislation approved last week to split the economic-development functions of the North Carolina Department of Commerce into a private, nonprofit corporation.
The bill sets in motion a plan that McCrory and Commerce Secretary Sharon Decker introduced more than a year ago that would contract with a private organization, the Economic Development Partnership of North Carolina, to privatize many of the Commerce Department’s functions related to recruitment…
Food Lion parent Delhaize Group (NYSE:DEG) has named Kevin Holt as chief executive for its North American operations, effective July 7.
He will oversee Delhaize America, the U.S. division of the Belgian international food retailer.
Holt was formerly president of retail operations at SuperValu Inc. (NYSE:SVU). He also will become a member of Delhaize Group’s executive committee.
The post has been vacant for roughly nine months after then-CEO Roland Smith resigned following a management shakeup.
First-time buyers are struggling – but in North Carolina, a cheaper cost of living and a slew of job opportunities means home ownership rates for millennials will likely rise faster than in other states.
Broadly speaking, some states are doing a better job than others at attracting young workers – and North Carolina happens to be one of them, says Diana Carew, an economist at the Progressive Policy Institute.
“That’s because they’ve got great apprenticeship programs, the Research Triangle,…
It all started with a pint of Lonerider Brewing Co.’s Shotgun Betty.
That’s what Jason Austin, co-founder of Raleigh-based PintLabs tells me.
PintLabs, acquired today by Indiana beer tech SteadyServ, started on that Lonerider porch, really, when Austin got his first taste of “actually really good beer.”
“I liked beer, but I wasn’t into the craft beer scene too much,” he says. But that changed with his Lonerider experience. “From that point on, I was really interested in it.”