More Money Or Less Money For NC Schools This Year?
6:05 pm
Fri August 24, 2012

More Money Or Less Money For NC Schools This Year?

State lawmakers approved a budget last week and Republicans praised it by pointing out that it sent more money to schools this year without raising taxes. But some Democrats said, "No, it actually cut schools budget." So who's right?

There are a lot of numbers here so I'm going to get the help of an accountant. He's not just any accountant. He's Phillip Price, the CFO for North Carolina public schools. He follows the state budget process closely.

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DavidsonNews.net: MSC Industrial Plans 'Co-HQ' At
6:05 pm
Fri August 24, 2012

DavidsonNews.net: MSC Industrial Plans 'Co-HQ' At Exit 30, Up To 400 Jobs

Property is off I-77 Exit 30, behind Homewood Suites.

The property is off I-77 Exit 30, behind Homewood Suites.

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Romance Absent From Lobby Laws
6:05 pm
Fri August 24, 2012

Romance Absent From Lobby Laws

Last month, a couple of high profile resignations in House Speaker Tillis's office drew attention to the lobbyist and legislator relationships in Raleigh.

In the fallout, reform to the current ethics laws is being discussed, but no one has any answers yet on how to legislate romance.

This report examines the issue of lobby ethics in reports that grew out of a national project called the State Integrity Investigation.

Zeb Alley was a state senator in the early 1970s and has been a lobbyist in Raleigh for over 30 years. Photo: Tanner Latham

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NC Town Holding Dirty Dancing Festival
6:05 pm
Fri August 24, 2012

NC Town Holding Dirty Dancing Festival

Fans of the movie "Dirty Dancing" are gathering in the small mountain town of Lake Lure this weekend for the "Dirty Dancing Festival." Much of the movie was shot there. This year is the 25th anniversary of the film's release.

Everyone knows the line: "Nobody puts baby in a corner.'

Dirty Dancing helped catapult Patrick Swayze into stardom. And it was his death from cancer in 2009 that became the impetus for the Dirty Dancing Festival in Lake Lure in Rutherford County. Lots of people called the town and asked if they were going to do anything special.

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Chiquita CEO Shares Lessons On The Way Out
6:05 pm
Fri August 24, 2012

Chiquita CEO Shares Lessons On The Way Out

Fernando Aguirre. Photo: Tanner Latham

Fernando Aguirre. Photo: Tanner Latham

Layoffs and cost-cutting are underway at one of the most recent marquee companies to relocate to Charlotte. Chiquita Brands International announced a restructuring plan last week that will cut 300 jobs in the coming months, including 15 here in Charlotte. . . and that CEO Fernando Aguirre is on his way out.

It was a disappointing surprise for the Charlotte business community, but not for Aguirre.

He was pleased to see banana pudding on the menu for business leaders at a Rotary club lunch yesterday

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The Science Behind Lake Norman's Fish Kills
6:05 pm
Fri August 24, 2012

The Science Behind Lake Norman's Fish Kills

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Charlotte Observer: US Airways Jets Had Near Miss
6:05 pm
Fri August 24, 2012

Charlotte Observer: US Airways Jets Had Near Miss

WASHINGTON -- The Federal Aviation Administration and US Airways say they are investigating a near-miss involving three passenger jets Tuesday afternoon near Reagan National Airport.
According to a Washington Post report, air traffic controllers realized the mistake only 12 seconds before inbound and outbound jets would have collided.
The Daily Mail reports two outbound jets came within 500 and 600 feet of an inbound jet.

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Regulators Issue Findings On Catawba Nuclear Plant
6:05 pm
Fri August 24, 2012

Regulators Issue Findings On Catawba Nuclear Plant Power Outage

Federal regulators have concluded their investigation of a power outage that led one of Duke Energy's nuclear reactors on Lake Wylie to shut down abruptly in April.

A preliminary report from the Nuclear Regulatory Commission says Duke didn't follow
proper guidelines in testing upgraded equipment on one of its power generators at the plant. NRC spokesman Roger Hannah says the commission will wait on deciding on whether to issue a violation to Duke.

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Duke Board Members Refute 'Cold Feet' Allegations
6:05 pm
Fri August 24, 2012

Duke Board Members Refute 'Cold Feet' Allegations

Friday was Duke Energy's turn back in the hot seat as state utility regulators continue their investigation into the sudden ouster of former Progress CEO Bill Johnson.

Duke Energy board members testified they never doubted a merger with Progress would be good for customers and - contrary to Johnson's allegations - they never wanted out of the deal. But they also say they never liked Johnson much from the start.

Lead Duke Energy director Ann Gray referenced Johnson's comments at the first of only a few times he met with the Duke Energy board.

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Edison Nation, CHS Partner To Find The 'Next Big
6:05 pm
Fri August 24, 2012

Edison Nation, CHS Partner To Find The 'Next Big Idea' In Health Care

A Charlotte-based company known for helping everyday inventors take their big ideas mainstream has partnered with the region's largest hospital system in hopes of saving lives, rather than just making life easier.

One of Edison Nation's big success stories - with more than 1 million sold - is a plastic bowl that swivels and gyrates, rather than spilling its contents. The company collects ideas from people online, turns them into household hits and splits the royalties with the inventor.

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