Economy (page 91)

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    Venezuela’s lingering problems

    Dimitra DeFolis explains in a Barron’s column why Russian and Chinese efforts to prop up the Venezuelan economy are likely to have no more than a short-term impact. It was Russia to the rescue as Venezuela slipped into default on Nov. 13 for not paying two U.S.-dollar debt…
    Mitch Kokai, November 20, 2017
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on the goals of National Apprenticeship Week. Julie Tisdale’s Daily Journal offers another firsthand example of problems linked to North Carolina’s certificate-of-need restrictions on medical facilities and equipment.
    Mitch Kokai, November 17, 2017
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    US Postal Service Loses $2.7 Billion

    Federalnewsradio.com has the disturbing financial data about the US Postal Service: Despite the continued growth of its package delivery business, USPS ended fiscal 2017 with a $2.7 billion loss, down from a $5.6 billion loss in fiscal 2016. Postmaster Megan Brennan weighed in on the future: Amid the harsh reality of…
    Donna Martinez, November 16, 2017
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    In Asheville, the market is working

    This is why I love the market. Uber and Lyft introduced something new.  All of a sudden, consumers had an alternative to taxis, and given the success that these ride sharing services have had, it appears that consumers love the model.  Of course, the losers were taxi companies, and many…
    Julie Tisdale, November 16, 2017
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    More Wisdom From Dr. Mike Munger of Duke

    It’s always a treat to talk with Dr. Mike Munger. You’ll always learn something new. This time you’ll learn something about our namesake, John Locke. Take a minute to check with Dr. Munger and our Mitch Kokai.
    Donna Martinez, November 16, 2017
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    The future of trade

    Caitlin Cain and Paul Aucoin explain in a Washington Examiner column why “America must not turn its back on trade.” While trade advocates are convening in New Orleans to champion the state’s culture of trade, our leaders in Washington are debating the future of trade policies that directly…
    Mitch Kokai, November 16, 2017
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    The Story of Texas Pete Hot Sauce

    In 1929, at the onset of the Great Depression, Sam and Ila Jane Garner were struggling to make ends meet for their family of nine. Their oldest child, Paul, was in school at Duke University. But Thad, their next oldest, had chosen to do something much different with his college…
    Anna Manning, November 15, 2017
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    Billion dollar incentive packages

    Is it me, or do these incentive packages just keep getting bigger?  The Triad Business Journal is reporting today on a report that North Carolina and Alabama are the two finalists for a new Toyota-Mazda plant.  And then they talk about the possible sites, all of which have already…
    Julie Tisdale, November 15, 2017