Tag: Carolina

What Oracle, Microsoft, IBM and Cisco pay employees in North Carolina

  • North Carolina is a fast growing technology hub which has attracted some of the industry’s biggest players.
  • Tech giants, including IBM, Oracle and Microsoft, have been hiring employees from overseas for their operations in North Carolina, which is known for a sizable and dynamic talent pool, anchored in the top-tier universities led by Duke University and University of North Carolina Chapel Hill. 
  • For example, Oracle hired a consulting technical director with a salary of $125,000 to $212,000; Microsoft hired a hardware engineer with a salary of $120,000; Cisco hired a technical marketing engineer with a salary of $116,000 to $169,000.
  • Here’s a survey of what IBM, Cisco, Oracle, and Microsoft pay new hires in North Carolina, based on disclosure data for permanent and temporary workers filed with the US Office of Foreign Labor Certification in 2020.
  • Visit Business Insider’s homepage for more stories.

Tech has been a major driver of

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Carolina Small Business Development Fund Filling Much-Needed Capital Gap For Black Businesses Trounced by COVID

An accomplished economic development executive, Kevin Dick uses a life rescue analogy to sum up what his community-lending nonprofit is doing to aid small businesses in North Carolina.

“Businesses are drowning but we’re helping them to survive,” says Dick, CEO and president at the Raleigh-based Carolina Small Business Development Fund (CSBDF).

Small- and medium-sized American businesses have been some of the hardest-hit companies clobbered this year by the COVID-19 pandemic. Black-owned businesses have certainly felt the sting, possibly much more than others. Some 41% of those firms had closures due to COVID-19 as of May 2020, data from the National Bureau of Economic Research reveals.

In the Tar Heel State,  businesses requiring capital help are fueling banner activity for CSBDF. Dick says the amount of demand the fund has realized for small business assistance is unprecedented, adding it surpasses what the fund saw during the financial crisis.

“Based on our

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Entrepreneurs Color Too coloring book business a pleasant distraction during COVID-19 in Wake Forest, North Carolina

WAKE FOREST, N.C. (WTVD) — Pull up a chair at the dining room table in Latoya Nicole’s Wake Forest home.

Spread out are various journals, coloring books, and colored pencils, all of her own creation.

Latoya explains how Entrepreneurs Color Too came to be.

“I was at work. And I was frustrated and overwhelmed,” She said. So she pulled out a coloring book and coloring pencils. “And I started to feel calmer.”

After that, her business birthed.

“When I started researching, I noticed there were no other coloring books on the market that looked like me,” she said, “so I knew I had to create it.”

Her best seller – 24 Shades of Business – highlights women on the job throughout various professions.

Entrepreneurs Color Too even offers a mommy and me book – Me and My, which was created out of the pandemic as an idea for something parents

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How One North Carolina Business Has Built Better Supply Chains In Times Of Change

Business leaders who have gone through times of intense change and turmoil before already know that having a strong, guiding North Star is necessary to survive and, ultimately, thrive. Through pivots, customer and employee communications and considerations, and tough calls on the bottom line, companies with a clear mission and purpose as that guiding force have proven to be more resilient through downturns and crises.

Certified B Corporations are companies that have a verified positive impact on people and the planet. Many B Corps, which are held accountable by the nonprofit B Lab, have been exemplars of how to address crises with stakeholder considerations beyond their shareholders. For North Carolina-based B Corp TS Designs, the pandemic has provided what CEO and president Eric Henry calls “a second time at bat at building domestic, transparent, equitable supply chains.”

“I think COVID is

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New Initiative at North Carolina State University’s Poole College of Management Advances Business Analytics


Morgan Stanley Bets on These 3 Stocks; Sees Over 40% Upside

Did the stock market’s epic rally just need a little breather? The last few weeks have seen stocks experience their first meaningful correction since the bull market kicked off in March. Now, the question swirling around the Street is, will the rally pick back up again, or is more downside on the way?According to Morgan Stanley’s chief U.S. equity strategist Mike Wilson, uncertainty regarding the presidential election and stalemate on the next stimulus package could lead to declines in September and October. “On the correction, there’s still downside as markets digest the risk of congressional gridlock on the next fiscal deal. While we think something will ultimately get done, it will likely take another few weeks to get it over the goal line,” he noted.However, Wilson argues the recent volatility in no way signals the end of the

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Black North Carolina small business owners find financial stability amid COVID

CBS News is chronicling what has changed for the lives of Americans in 2020 amid the coronavirus pandemic.

a girl sitting on a table: screen-shot-2020-09-10-at-12-29-49-pm.png

© Provided by Shalisha Morgan

It had been four months since Geek in Heels owner Shalisha Morgan’s electronic repair kiosk in the Hanes mall in Winston-Salem had been open when she returned in August. Though the mall reopened in June after COVID-19 closed it earlier in the year, Morgan, 39, didn’t feel it was safe to go back at the time.

a person standing in front of a window: Geek in Heels owner Shalisha Morgan reopened her electronic repair kiosk in the Hanes mall in Winston-Salem in August after having to shut down earlier this year due to the coronavirus pandemic. / Credit: Provided by Shalisha Morgan

© Provided by CBS News
Geek in Heels owner Shalisha Morgan reopened her electronic repair kiosk in the Hanes mall in Winston-Salem in August after having to shut down earlier this year due to the coronavirus pandemic. / Credit: Provided by Shalisha Morgan

Many stores in the mall—including a competitor — permanently shut their doors during the pandemic, Morgan said. Though mall traffic has been slower because patrons are

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A Week At A University In North Carolina That Costs $8,900 A Year

Welcome to Money Diaries — College Edition where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.

Today: a business and advertising major who makes $12/hour and spends some of her money this week on lavender.

Major: Business & Advertising
Age: 20
University Size: 19,000
University Location: North Carolina
Salary: $12/hour from my remote internship (10 hours/week)
Yearly Tuition Cost: $8,900 paid for by my university
Student Loans Total: $0 (Full-ride merit scholarship)
Net Worth: $11,937.27 (Checking: $2,647.34, Savings: $5,400, School Reimbursement: $3,889.93, no debt)
Debt: $0
Paycheck Amount (2x/month): $230
Pronouns: She/her

Monthly Expenses
Rent: While my scholarship covers my housing costs, rent is $622.37 and utilities are ~$70/month. I live with seven other people in a house that we rent off campus.
Loans: $0 (full merit scholarship)… Read More