Business (page 6)

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    Tariffs’ impact on American businesses

    Surprise, surprise! Bigger businesses would have an easier time than their smaller competitors taking the economic hit from new tariffs. Jack Hough offers details at Barron’s. Campbell Soup got some free publicity when Commerce Secretary Wilbur Ross held aloft a can of chicken noodle during a March 2…
    Mitch Kokai, March 12, 2018
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    Fayetteville’s taxpayer funded ballpark is happening

    Almost a year and a half ago, I wrote about Cumberland County’s plans to divert money from the school system to build a ballpark in Fayetteville for the Single-A Advanced affiliate of the Houston Astros.  At the time I argued that building a $33 million stadium with city and…
    Julie Tisdale, March 8, 2018
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    Starbucks CEO: government is not capable

    Starbucks CEO Howard Schultz explains why the company provides in partnership with Arizona State University free college tuition to every one of its American employees working 20 hours or more a week. The country is $22, $23 trillion in debt, it doesn’t have the financial capability to do the…
    Joseph Coletti, March 8, 2018
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    The pennies matter

    There’s a great piece in the News & Observer today about the way that tariffs on steel and aluminum will affect the breweries and the price of beer.  It’s interesting to me that the Commerce Secretary, who is very, very wealthy, talk about how negligible the impact will be,…
    Julie Tisdale, March 7, 2018
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    Is CEO activism inevitable?

    Our recent Shaftesbury speaker, Duke professor Aaron Chatterji, says more companies will choose or be compelled to take sides in political debates. Holman Jenkins finds the prospect horrific and adds, “If you see that prognostication coming true, then it will really be time to worry.”…
    Joseph Coletti, March 7, 2018
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    Charlotte’s new mayor has a list of priorities. Are they the right ones?

    Late last year, Charlotte elected a new mayor, Vi Lyles.  This week, she talked about her top priorities related to business and economic development.  Her list concerns, but doesn’t surprise, me. As reported by the Triad Business Journal, her priorities include: Keeping the Panthers Connecting with businesses Keeping the…
    Julie Tisdale, March 6, 2018
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    National Review editors pan steel tariffs

    Editors at National Review explain why they oppose President Trump’s planned tariffs on imported steel and aluminum. Trade protectionism — crony capitalism for well-connected and politically sensitive firms and industries — is bad policy, but it is one of the few issues about which Donald Trump has been…
    Mitch Kokai, March 6, 2018
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    Hope for food trucks in Carolina Beach

    Back in December, I wrote about Regulatory problems for food trucks in Carolina Beach.  So imagine my delight when I saw this morning that, later this week, the town’s Planning and Zoning Commission will be considering amendments to local ordinances “to create allowances for food trucks.” I have…
    Julie Tisdale, March 5, 2018