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Archive for April, 2014

Panel says NC should spread pension decisions

Thursday, April 24th, 2014

Associated Press

RALEIGH, NC (AP) — A commission is recommending that North Carolina lawmakers change how the state’s $86 billion pension system for teachers and state workers handles investments.

North Carolina is one of just four states where the state treasurer is solely responsible for how pension funds are invested. A panel created by Treasurer Janet Cowell recommended Thursday that investments should be determined by an appointed board of trustees.

Some panel members said the change would be a bad idea because once a group is making decisions no individual is accountable for bad choices.

The union representing tens of thousands of North Carolina state workers has long pushed for an investment board to manage pension funds.

Cowell will review her panel’s recommendations and propose changes to legislators who start their annual session next month.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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Radio will be around for a long time, says host of National Public Radio’s ‘All Things Considered’

Thursday, April 24th, 2014

Radio host Robert Siegel spoke at a fundraising banquet honoring the 30th anniversary of public radio station WHQR

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Wilmington man charged in fatal December shooting

Thursday, April 24th, 2014

Reginald Laughlin, 30, is charged with first-degree murder in the death of Drayshawn Rykim Dowd

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Rally for film industry slated for May 4

Thursday, April 24th, 2014

WILMINGTON, NC (WWAY) — As the General Assembly heads back to session next month, supporters of North Carolina’s film industry hope to make a statement with a rally supporting the state’s tax incentives for TV and movie projects.

The North Carolina Production Alliance and Wilmington Regional Film Commission will host the 2nd Annual NC Film Rally on Sunday, May 4 at 5 p.m. at the bottom of Market St. on the Wilmington Riverwalk. Organizers say the event is to help raise awareness for the vitality of film jobs.

“The rally is just the beginning of what we hope is a very successful legislative session,” the Production Alliance said in a statement. “So many local families depend upon film for steady work, and this is a great opportunity to show the community that we value their support and recognize the hundreds of folks who want to get more involved.”

Wilmington Mayor Bill Saffo and other state and local leaders, as well as special guests from the entertainment industry are expected to speak.

The state’s tax incentives for film are set to expire soon if legislators do not extend them.

Earlier this spring a study commissioned by film commissions across the state showed the loss of the film incentives in North Carolina would have a negative impact on the state’s economy. But the validity of that study was soon called into question by a non-partisan legislative staff report requested by Rep. Rick Catlin, a New Hanover County Republican. The report questioned the methodology used in the film commission study and says North Carolina loses money on the incentive program.

Last year, thousands of people rallied in Wilmington on short notice to show their support for the film industry in the Port City and across the state.


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Rutledge out as the Ashley boy’s basketball coach

Thursday, April 24th, 2014

After just one year on the bench David Rutledge is out as the Ashley boy's basketball coach.

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