Business & Economy

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Business & Economy
6:00 am
Tue June 14, 2011

Obama: CREE Leading Manufacturing Comeback

Credit Brent Kitchen
President Obama speaks at Cree Inc. in Durham

President Barack Obama is searching for a real fix to the country’s jobs problem.  The White House is quick to say some two million private sector jobs have been created in the past 15 months.  But that’s hardly enough to put a dent in the country’s high unemployment rate.  So the president decided to visit a part of the country where he’s been before – a place that has steadily created jobs in the down economy. That place is Cree Incorporated in Durham.

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Business & Economy
5:30 am
Mon June 13, 2011

Obama Brings Jobs Council to Durham, Raleigh

President Barack Obama has been making the rounds across the country looking for ways to help spur economic growth and job creation.  Today he is scheduled to stop in Durham.

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Business & Economy
10:00 am
Thu June 9, 2011

CFO Optimism Not As Strong

Chief Financial Officers are beginning to get nervous again about the economy.  That’s the latest from a quarterly report by Duke University and C-F-O Magazine. 

  Six months ago – C-F-Os were talking about increasing full-time employment by 2-percent over the next year.  Now it’s more like point-seven percent. Kate O’Sullivan is the deputy editor of C-F-O Magazine.  Despite falling optimism, O’Sullivan says things are looking up for people who already have jobs.

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Business & Economy
10:00 am
Tue June 7, 2011

Benefits Restored for Long-term Unemployed

North Carolina’s Employment Security Commission is in the process of re-evaluating extended benefits for thousands of residents.  Some jobless residents are getting back payments thanks to an executive order signed by the governor. 

About 47-thousand jobless residents are getting a second look by the E-S-C. That’s after Governor Bev.  Perdue’s executive order, restoring an extended jobless benefits program for the long-term unemployed. Larry Parker is a spokesman for the E-S-C.   He says as soon as they confirm the status of claimants – money is being disbursed right away.

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Business & Economy
6:00 am
Tue June 7, 2011

Equal Pay Elusive For Women On Campus

Last month, U.S. News and World Report ranked the Durham-Chapel Hill area as the best place in the country for gender equality in the workplace. As one reason, the magazine cited the area’s percentage of highly-educated women. It might seem obvious that the area’s progressive universities are part of the reason… but the truth is, universities are lagging in equal pay for women. 

Nan Keohane was a young, ambitious political science professor at Swarthmore when she got her first taste of gender inequality. 

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