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Hero MotoCorp buys 49.2 pc in US-based EBR for $25 mn

India’s largest two-wheeler manufacturer Hero MotoCorp on Monday said it is acquiring 49.2 per cent equity in US-based motorcycle company Erik Buell Racing (EBR) for about Rs. 148 crore. This is the...

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With Mexican auto manufacturing boom, new worries

RAMOS ARIZPE, Mexico — In the division of labor that has long governed North American auto manufacturing, the Big Three and other companies typically built their top moneymakers in the United States,...

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Bad economics for N.C.

At the University of Chicago, where economist Milton Friedman taught (and where I studied), there was an expression so often used it became the slogan of T-shirts sold on campus. It went: “That’s all...

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China offers US middle class a jobs lifeline

1 July 2013 Last updated at 12:20 BST Chinese computer maker Lenovo recently celebrated the opening of its first US manufacturing plant in Whitsett, North Carolina The new plant continues a trend that...

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Made in the USA: Can China save America's middle class?

The middle class were once the engine of America but since the recession, many are struggling. Judy and Richard Gassman live in the well-to-do neighbourhood Adams Farm, in Greensboro, North Carolina....

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Snyder’s-Lance agrees to 'Cloudy' movie promotion plan

Ken Elkins Senior Staff Writer- Charlotte Business Journal Email | Twitter | Google+ Two products of Snyder’s-Lance Inc. (NASDAQ:LNCE) are being used in a promotion of the movie Cloudy with a Chance...

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Latin America seeks to address new social demands beyond poverty reduction...

(Source: UN - United Nations) 11 July 2013 New York - More than 20 social development ministers from Latin America gathered at the United Nations headquarters today to discuss how to move beyond...

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Machining companies seek certification to win more aviation business

Katie Arcieri Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn To bolster business in the aviation sector, a trio of Triad machining companies have recently achieved or expect to...

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Mexican auto boom brings concerns about job security for U.S. workers

Connect With Us The Bottom Line An indicator of future economic growth moved higher for Columbus in April. The index of leading economic indicators rose to 104.8 in April from 104.6 ... Local Stories...

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Ford USA boss breaks silence on Australian factory shutdowns

A SENIOR Ford executive in North America has spoken openly for the first time about the reasons behind the closure of the company's Australian manufacturing operations. Ford North America president...

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Harris Teeter name staying the same

Catherine Carlock Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn The announcement that Kroger Co. has made a $2.4 billion bid for Harris Teeter Supermarkets Inc. doesn’t mean that...

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N.C. falls out of top 10 on CNBC's best states for business

Matt Trommer | THINKSTOCK North Carolina has fallen from the top 10 on CNBC's annual ranking of America's Top States for Business. Associate Editor/Online- Charlotte Business Journal | For the first...

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The York Companies is named one of SIA's 2013 Fastest-Growing Staffing Firms

Regional staffing agency ranks 37th among 92 of the fastest growing firms in the United States Download image The York Companies is named one of SIA's 2013 Fastest-Growing Staffing Firms....

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Bill to help drivers with criminal records get trucking jobs stalls

Katie Arcieri Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn As the N.C. General Assembly session winds down, a bill supported by some Triad logistics executives has lost...

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GE Aviation seals commitment to advanced manufacturing in North Carolina (GE...

(Source: GE - General Electric Company) July 09, 2013 --$195 million investment in GE sites will create 242 jobs by 2017 --Unique GE composites factory in Asheville --West Jefferson facility to expand...

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UnitedHealthcare to take $50B step toward accountable care

Gubcio Insurer UnitedHealthcare announced this week it would more than double the accountable care contracts that it has with providers by 2017 to at least $50 billion. Reporter- The Business Journal...

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IT jobs in NC continue to climb

.shock Information technology job postings in North Carolina have increased in recent months, but still trail the figures from a year ago, leading experts to say that the last year's pace was an...

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Exclusive: Lenovo head Parker speaks out on No. 1 status

Lauren K. Ohnesorge Staff Writer- Triangle Business Journal Email | Twitter Now that number one PC status has been attained, what’s next for Chinese computer maker Lenovo? PC plus acclaim, of course....

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Downtown Winston-Salem biz improvement district proposed

Catherine Carlock Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn Downtown Winston-Salem officials are again mulling the possibility of creating a business improvement district in...

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Lexington gets $27M from HUD for housing renvoations + Third baby gorilla...

Amy Dominello Braun Multimedia/Special Sections Editor- The Business Journal Email | Twitter | Google+ | LinkedIn -- The Lexington Housing Authority has received $27 million from the U.S. Department...

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Lenovo head on the PC maker's No. 1 status

Lauren K. Ohnesorge Staff Writer- Triangle Business Journal Email | Twitter Both IDC and Gartner are in agreement that Lenovo has finally edged out Hewlett-Packard Co. (NYSE: HPQ) to top the global PC...

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Kroger to acquire Harris Teeter

Staff The Business Journal The Kroger Co. has agreed to acquire Harris Teeter Supermarkets Inc., purchasing all of the Matthews-based grocery chain’s stock for $49.38 per share in cash. Under the...

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An American Tech Company Is Advertising Its American-Built Smartphone On The...

Yahoo Apple Facebook Twitter Google Microsoft NSA Mobile Comment An American Tech Company Is Advertising Its American-Built Smartphone On The Most American Holiday Matt Burns View Staff Page Follow me...

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Duke Energy: Political contributions mistakenly charged to customers in rate...

John Downey Senior Staff Writer- Charlotte Business Journal Email | Twitter | Google+ Duke Energy Carolinas has acknowledged that it mistakenly counted $450,000 in political and interest-group...

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Mayodan is "preferred" site for Ruger plant, but deal not quite done

Katie Arcieri Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn Did someone jump the gun on the Ruger announcement by any chance? Sturm Ruger & Co. announced Monday that it had...

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Lenovo edges HP to become world’s top PC supplier, new data shows

Lauren K. Ohnesorge Staff Writer- Triangle Business Journal Email | Twitter Lenovo is officially No. 1. That’s according to the latest industry figures reported Wednesday by both IDC and Gartner,...

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Address by the OAS Secretary General to the “Thematic Debate on...

(Source: OAS - Organization of American States) Press Release Address by the OAS Secretary General to the "Thematic Debate on Inequality" at the UN   July 8, 2013 Let me begin by sincerely thanking...

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Ruger to locate gun plant in Rockingham

Amy Dominello Braun Multimedia/Special Sections Editor- The Business Journal Email | Twitter | Google+ | LinkedIn Connecticut-based Sturm Ruger & Co. has selected a 220,000-square-foot facility in...

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Life Is Hard For The Temps Who Power America's Corporate Giants

Less Than Total Recall Timeline: America’s Long Civil Rights March America’s Long Civil Rights March, Complete With Stops and Starts Why So Many Flood Maps Are Still Out of Date FAQ: What You Need to...

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Aerospace conference to bring crowd of up to 400 to Winston-Salem

Katie Arcieri Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn Organizers of the 2013 North Carolina Aerospace Supplier Conference are expecting a crowd of up to 400 attendees at...

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Middle class massacre

By Wayne Allyn RootPublished July 15, 2013FoxNews.com May 30, 2012: Dozens of people line up to seek a job at the Wells Fargo call center in Salem, Ore.AP Jobs are disappearing by the hour....

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Made in the U.S.: Is America Making a Manufacturing Comeback?

As a trained industrial designer, part of my former job was to anticipate consumer needs -- sometimes before consumers themselves even knew what they wanted. So in a way, I guess you could say I can...

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Skyworks Receives Outstanding Supplier and Perfect Quality Awards from...

(Source: Skyworks Solutions Inc) Recognized for Innovation, Reliability and Scalability WOBURN, Mass.--(BUSINESS WIRE)--Jul. 15, 2013-- Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high...

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Triad Financial Executives of the Year 2013 honorees announced

Multimedia/Special Sections Editor- The Business Journal | | | Most companies would be lost without their top financial executive and The Business Journal is recognizing some of the best in Triad for...

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McCrory, legislative leaders announce tax cut deal

RALEIGH, N.C. -- Gov. Pat McCrory and Republican legislative leaders on Monday announced a North Carolina tax overhaul deal, one that will cut individual and corporate income taxes and slightly expand...

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Work force development proposal not expected to move forward

Katie Arcieri Reporter- The Business Journal Email | Twitter | Google+ | LinkedIn A proposal that would significantly alter the way work force development boards in the Triad and across North Carolina...

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Changing middle class is changing the way we vacation - and reshaping...

Richard and Patricia Dolland spent countless warm summer days and cold winter nights in their rustic cottage in northern Michigan. Every few weeks, they’d drive three hours north from their Macomb...

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Disappearing middle class is reshaping northern Michigan (Bridge Magazine)

Richard and Patricia Dolland spent countless warm summer days and cold winter nights in their rustic cottage in northern Michigan. Every few weeks, they’d drive three hours north from their Macomb...

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Mebane mattress manufacturer enters Brazilian market

Mattress manufacturer recently joined dozens of other North Carolina companies vying for a slice of the Brazilian retail market, a move that holds promise despite the current political and economic...

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Moto X phone boasts hands-free voice commands

July 18, 2013 -- Updated 1627 GMT (0027 HKT) | Filed under: Mobile A leaked video from Rogers, the Canadian telecommunications company, shows what the Moto X phone may look like. (CNN) -- Here comes...

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Moto X phone bets on sensors, hands-free commands

July 18, 2013 -- Updated 2124 GMT (0524 HKT) | Filed under: Mobile A leaked video from Rogers, the Canadian telecommunications company, shows what the Moto X phone may look like. (CNN) -- Here comes...

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Autos troubles, race at root of Detroit collapse

Comment () Tweet By SHARON COHEN, Associated Press Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring...

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Unions help keep world in balance

AS DEPUTY prime minister and Gillard government treasurer, Wayne Swan had the audacity to raise fairness in our society as a matter for political discussion. For his trouble Swan found conservative...

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