Business

Low-wage employers often pass along costs to taxpayers

A home health care worker in Durham; a McDonald’s cashier in Chicago; a bank teller in New York; an adjunct professor in Mayfield, Ill. They are all evidence of an improving economy because they are working and not among the steadily declining ranks of the unemployed. Yet these same people also are on public assistance.

Business

NC bill would abolish consent-to-rate process

A proposed bill would prohibit homeowners insurance companies from skirting the state’s regulatory process by getting policyholders to sign a “consent to rate” form that agrees to higher rates. Insurance Commissioner Wayne Goodwin opposes the bill, saying it is too broad.

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Clayton company finalist in SBA business competition

The U.S. Small Business Administration selected CJ Scarlet, founder of Clayton company Tiger Eye Sensor, as one of 15 finalists in the InnovateHER Business Challenge, a nationwide competition for entrepreneurs who develop products and services that enhance the lives of women and their families.

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Business

Rauner trying to broker mega-deal in Illinois Legislature

Seizing on Illinois' budget crisis as a political opportunity, Republican businessman-turned-governor Bruce Rauner is trying to broker a master deal to advance his pro-business priorities through the Legislature in exchange for new revenue to save programs near and dear to the Democrats.