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Is the N&O’s parent company about to be dropped from the New York Stock Exchange?

The Sacramento Beereports that The McClatchy Company—the Sacramento-based parent company of The News & Observer and several other dailies across the country—has been warned by the New York Stock Exchange that its stock price has fallen below the $1-a-share minimum threshold, jeopardizing the company’s continued listing on the exchange. From the story: McClatchy’s stock price […]

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Why is Raleigh’s City Council rezoning downtown before its downtown plan is finished?

Raleigh’s Downtown Experience Plan is a beautiful, expansive document, a 10-year vision of swathes of green space and five interconnected districts accessible by foot, bike and bus, sprinkled throughout with shops and galleries, hotels and museums, parklets and public art, restaurants and bars. It contains strategies for promoting retail, preserving historic buildings, transforming under-utilized city-owned […]

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Mercy For Animals Comes ITB

Lunchtime shoppers picking up groceries for the weekend at the Cameron Village Harris Teeter were in for not exactly a treat Friday afternoon, and they certainly would have thought twice before purchasing any Tyson Foods chicken products. Mercy For Animals activists, accompanied by 7-foot-tall “Abby the Abused Chicken” born of a Hollywood special effects studio, […]

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Raleigh City Council approves sale of Stone’s Warehouse

The sprawling, rundown 85-year-old Stone’s warehouse at 500 East Davie Street won’t be used for affordable housing, but the developers purchasing the building say they will transform the space into the next best thing: a grocery store, market and community gathering place for southeast Raleigh residents. Following a public hearing Tuesday evening, Raleigh’s City Council […]

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Aldona Wos is out as NC DHHS Secretary

Gov. Pat McCrory, who is slightly more popular than that guy who shot Cecil the lion, is slowly being deserted by high-ranking members of his cabinet. The latest to go is the Secretary of the Department of Health and Human Services, Dr. Aldona Wos. She will be resigning according to an announcement the Governor made […]

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