Business & Economy

The High Point Market kicks off Saturday.  It’s the largest home furnishings trade show in the world.  Dignitaries and celebrities will make the rounds.  U.S. Senator Kay Hagan and Governor Pat McCrory will "do market" this spring.  McCrory will meet with more than 40 furniture industry leaders who recently sent him a letter in support of funding for the High Point Market Authority.  A budget proposal released earlier this month showed significant cuts to the market authority.

Tom Conley, president and CEO of the High Point Market Authority, says he’s glad the governor reversed course.

A new study from Duke University says it can. Research finds that male CEOs with deeper voices make more money, manage larger firms, and have a longer tenure than those with higher pitched voices. The study follows another published last year by Duke scientists revealing that deep-voiced people are perceived to have better leadership qualities.

A new study shows large corporate boards in North Carolina are less diverse than the boards of Fortune 100 companies. 

The automatic budget cuts or sequester handed down from Washington are starting to affect North Carolina organizations that serve seniors.  Meals on Wheels of Wake County says they got the news last week.  Sequestration means they will lose funding that equates to 12,000 meals a year.  Alan Winstead, Executive Director of Meals on Wheels of Wake County, says he’s confident they will find alternative funding to continue serving hot lunches to 1,300 seniors a day, but the budget cuts have other implications.