McClatchy, which owns about 80 newspapers, including The News & Observer and the Charlotte Observer, announced another round of layoffs today: 10 percent of the workforce or 1,150 full-time equivalent positions. The press release , in a mind-boggling use of corporate-speak, termed it “additional cost restructuring.” Here’s an excerpt: “Gary Pruitt, McClatchy’s Chairman and CEO […]
Lisa Sorg
Bio: Lisa Sorg is the editor of INDY Week.Email: [email protected]: http://twitter.com/lisasorg
Posted inNews
Bueller? Bueller?
Actor, game show host, former Nixon speechwriter and economist (in order of importance) Ben Stein will speak Tuesday at the annual meeting of the Greater Raleigh Chamber of Commerce. The topic: “Business, Economics and America.” The meeting will be held at the spanking-new Raleigh Convention Center. Stein, a conservative, was on CBS Sunday Morning last […]
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NC biz gets big bucks to turn food into fuel
Apparently word hasn’t hit Hoke County that turning corn into fuel is fraught with economic, environmental and social justice problems. The Triangle Business Journal is reporting today that Clean Burn Fuels near Raeford is planning to launch the state’s first ethanol plant, thanks to a healthy helping of county incentives, federal loans and private investors, […]
Posted inCulture
Bulls’ season ends in 20-2 rout
Durham Bulls scorekeeper Chris Ivy is on the disabled list with a strained shoulder after repeatedly and briskly inserting and un-inserting Plexiglas numbers into the scoreboard: 20 runs, 18 hitsand that was just for the Scranton/ Wilkes-Barre Yankees. OK, Ivy isn’t really hurt, but he could barely keep up with the barrage of batted balls, […]
Posted inNews
Watch your legislator yawn and eat candy
Not C-SPAN, but NC-SPAN: N.C. House Speaker Joe Hackney has appointed eight lawmakers to the House Select Committee on Televising House Sessions. (How many times can you say House in one sentence?) Triangle reps include Wake County’s Grier Martin and Linda Coleman. Although audio of the House and Senate sessions and finance and appropriations committees […]
Posted inNews
What downtown Raleigh needs most: sports & entertainment
Shimmer Walls and tours of the old State Capitol just aren’t going to hack it: The Triangle Business Journal’s latest readers’ poll shows that what people want for downtown Raleigh is a sports and entertainment venue. The RBC Center, where the Carolina Hurricanes play, is halfway to Durham County. Of 942 people who responded to […]
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NC Central, Duke, UNC among top colleges for blacks
Black Enterprise magazine, which just rated Durham as one of the best places to retire in the U.S., has also listed six N.C. higher-ed institutions in its Top 50 Colleges for African-Americans. N.C. Central University, in Durham, placed 26th, ahead of Duke (31) and UNC-Chapel Hill (32). Other N.C. colleges include Wake Forest (12) N.C. […]
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Bulls’ Johnson goes to Rays, lifts them over Sox
The New York Times has a poignant story about the Tampa Bay Rays’ Dan Johnson, who until Monday was a Durham Bull. He helped propel the Rays over their rivals, the Boston Red Sox, at Fenway Park, on Tuesday, as the Times reported, in a 5-4 win, which might have been the most important victory […]
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$300,00 in overcharges: That’s a lotta paper clips
Office Depot inflated the prices of supplies it sold to the stateto the tune of $300,000 in overchargesaccording to a State Auditor’s report. The overages occurred between July and December 2007. Here’s an excerpt from the document, which also takes the state Division of Purchase and Contract to task for failing to notice the steep […]
