News

  • PwC US Chair Tim Ryan Discusses Remote Work Post-Covid, ESG Investing

    CNBC (YouTube Video) March 29, 2021 Where do CEOs stand on bringing employees back to the workplace? A recent survey by PwC found that balancing safety considerations and workplace innovations calls for a hybrid approach. “The reality is when CEOs survey their employees they’re asking......

  • Biden Administration Plans Major Reboot for US Offshore Wind Power

    NBC News March 29, 2020 Offshore wind — in which gigantic wind turbines located in waters off the coast churn out electricity to power homes and businesses onshore — can expand non-carbon emitting electrical generation. It also stands to drive job creation. But as land-based......

  • Carolina Partners with Chapel Hill to Help Revitalize Downtown and Create Innovation Hub

    UNC Communications March 24, 2020 Since 1958, UNC Chapel Hill has helped facilitate the launch of 786 start-ups that raised a total of $17.6 billion in funding. Of those, 193 are still active and employing more than 3,000 Orange County workers as of 2020. Earlier......

  • Pandemic Puts Booming CEO Pay Under the Microscope

    CNN Business March 19, 2021 Among the drastic changes that COVID-19 has brought to businesses in the last year is one that swings from left field: CEO pay. While many companies adjusted compensation in 2020 in response to the pandemic, CEO pay was largely altered......

  • Pandemic Side Effect: America’s Backed Up Ports

    Axios March 12, 2021 First the good news: the economy is getting better. But consumer demand – driven by vaccines, online commerce and stimulus checks – has created an historic backlog at the nation’s ports. There is a shortage of shipping containers, many of which......

  • She Said, She Said: An Interview with the Women of EDPNC

    Business North Carolina (blog post) March 10, 2021 For Liz Isley, a grad school fellowship first exposed her to economic development and the challenges faced by municipalities and local organizations. “I fell in love with the work,” says Isley, who is now  International Trade Manager......

  • Is This The End Of The Big City?

    CNBC (YouTube Video) March 2, 2021 Those whose jobs allow the option of remote work are growing accustomed to not making the daily commute to the office. In fact, surveys find that one in five workers do not want to return to the workplace at......

  • Expansion Continues As Supply-Side Stresses Intensify

    Regions Economic Update March 1, 2021 February is often a quiet month for US industry as harsh winter weather challenges supply-chains. Not this year. The Institute for Supply Management (ISM) Manufacturing Index rose to 60.8 last month, exceeding expectations and showing consistent momentum for the......

  • New Business Growth Soaring at Record Rate in NC Despite Pandemic

    WRAL TechWire March 2, 2021 More than 170,000 companies will be launched in North Carolina by the end of this year, according to projections from the NC Office of the Secretary of State. The number dramatically exceeds the 127,000 new businesses created in the state......

  • Losing Jobs to Automation Requires Big Retraining Push, Mike Walden Says

    Business North Carolina (Blog) 2/5/21 More than trade pacts or changing consumer habits, automation has accounted for the convulsion in North Carolina’s manufacturing sector in recent decades, according to Mike Walden, Extension Economist at NC State University. COVID-19 may accelerate that trend — with even......