North Carolina Gov. Beverly Perdue’s office says an educational publisher that owns the LexisNexis information service plans to add 350 jobs over the next five years. Perdue’s office said Tuesday that data-provider Reed Elsevier (ELL’–suh-veer) is expanding operations in Cary and will get a state tax break worth up to $9 million if the company [...]

Construction began Wednesday on two new development projects on the Wilmington Riverfront.  One of the projects is a new Hotel Indigo, which WECT first reported about Tuesday. The other project is a marina that will include 204 boat slips, averaging 50 feet in size and ranging from 30 feet to 80 feet. Both projects are [...]

Historically, North Carolina manufacturing has been a backbone of our economy. It’s helped build the middle class. It will continue to be an important part of the economy moving forward. That’s why Secretary John Bryson has made supporting advanced manufacturing one of his top priorities. It’s also why President Obama—in his State of the Union [...]

As economic headwinds subside, the commercial real estate lending business for U.S. banks has hit an inflection point. For the first time in five years, a majority of banks are finally talking about their ability to grow their loan portfolios. While the sentiment among banks is neither unanimous, nor the projected lending growth strong, bank [...]