1: It's good to participate rather than just being upset. 2: The issues being addressed do affect you and how you will live. 3: A strong message is being delivered to the country and we are not hurting anyone. 4: At some point, the waiting for the "right" time to act must end. 5: A […]
We do not have to support big banks. The credit union is one of my favorite alternatives to larger banks. According to Wikipedia, “A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other […]
I'm sure many of your readers, like myself, bank at Asheville Savings Bank, our wonderful Mutual bank, owned by the depositors, and very community-minded. For 15 years I've received excellent service there. (Maybe because I'm an owner?) The current board of directors, however, would like to change that, by making the bank a corporation listed […]
The recent article on the firing at Buchi Kombucha should serve as a reminder that “local” business doesn’t inherently mean fair business ["Bottled in Bond," Dec. 22 Xpress]. Often the economic re-localization movement presents “local” as a panacea for a wide variety of economic and social woes while ignoring the systemic pressures brought to bear […]
The recent announcement that Internet giant Facebook will be creating a data center in Rutherford County was the big news at AdvantageWest’s Nov. 15 Economic Summit. Just before the panel discussion began in the Diana Wortham Theatre, Thomas Jenkins, board chair for the public/private regional development agency, referenced the good news, joking, “I want you […]
The 24-hour Merrimon Avenue coffee shop will shut its doors for good following a finale by Hellblinki Sextet.
The downtown Asheville eatery and the adjoining lounge have closed for now after their lease was not renewed. Co-owner Zoltan Vetro says he plans to reopen Old Europe at another location in a few months.
State and local unemployment rates continue to climb, according to new figures from the Employment Security Commission of North Carolina.
North Carolina as a whole, and Buncombe County in particular, are seeing much lower foreclosure rates than the U.S. as a whole.
Appalachian State University center reports negative growth, higher unemployment in 24 of 25 counties
The Asheville Citizen-Times on Monday introduced a slimmed-down version of the daily newspaper, a move forced by the bad economy, according to Publisher Randy Hammer.
President-elect Barack Obama will ask lawmakers to pass a massive economic stimulus package when he takes office, and Asheville’s elected officials want to be ready if any money comes their way.
The mayors of North Carolina’s 26 largest cities released a list of “shovel-ready” projects Friday, saying the construction of roads, public buildings and other infrastructure projects would create 100,000 jobs. Asheville’s list of ready-to-go infrastructure ranged from a $4 million Hendersonville Road sidewalk project to $80,000 for bike racks and lockers. Upgrades to city parks […]
“I remember eating corn bread and milk every night for dinner.” Such was the snippet of secondhand conversation surreally overheard recently. The speaker, a resplendently dressed elderly woman, was having lunch with her daughter outside a Grove Arcade eatery. It was one of those perfect autumn days, warm with a cool breeze, the city skyline […]
Fallout from the spreading national economic debacle is affecting not only financial institutions, investors and taxpayers, but also the city of Asheville, Chief Financial Officer Ben Durant told City Council. The red zone: Chief Financial Officer Ben Durant warns the Asheville City Council that the effects of a global economic meltdown are beginning to be […]
Summary of the Oct. 7 Asheville City Council meeting