ILM Estimates Storm Damage Is At Least $1M

Christina Haley O'Neal - About 12 hours ago

Nov 15, 2018

ILM Estimates Storm Damage Is At Least $1M

The Wilmington International Airport suffered between $1 and $3 million worth of damage to its building, according to preliminary numbers released by airport officials Thursday. FEMA is at the airport this week taking a look at damage caused by Hu ...

Nov 15, 2018

A First Look At Wilmington Brewing Co.'s Event Venue

Plans for a Wilmington Brewing Co. event venue at 800 S. Kerr Ave. are progressing, with technical aspects of the project set to be considered by the city of Wilmington this month. The event space will be 5,000 square feet on a 3-acre lot adjacent ...

Nov 14, 2018

Wilmington Marine Center Adds Boat Slips, Plans More Expansion

Wilmington Marine Center increased its number of wet slips from 90 to 120 and plans on adding 30 more boat slips as part of its expansion efforts. The 30 boat slips were constructed in the southeast basin of the marina located at 3410 River Road, ...

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Eddie Nowell
South Atlantic Capital Management Group

Is Passive Investing Wise?

Posted Nov 14, 2018
We are witnessing a massive trend towards passive investing. Ads for tech focused Exchange Traded Funds fill the financial press.
But is this wise?
Yes and no. On average, the returns for actively managed funds will approximate the market’s return, so after their higher expenses, they will underperform a low-cost index fund designed to track the retu...read entire article
Achievers & Accolades

Rich Rowland Awarded CRS Designation

Nov 14, 2018

Flavor Of NC Event To Boost Homeless Services, In More Demand Since Storm

Before Hurricane Florence hit in September, 85 guests were evacuated from Good Shepherd Center in Wilmington to the emergency storm shelter at Trask Middle School.  During the next seven days, Good Shepherd remained closed and those same guests ...

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Nov 14, 2018

Bill’s Brewing Company Set To Expand

Bill’s Brewing Company, the newest branch of the Musser family of businesses in Wilmington, which operates Bill’s Front Porch, Capt’n Bills Backyard Grill, Musser’s Catering and Bill’s Brew Food Truck, will expand brewin ...

Nov 14, 2018

Rosalie’s Trattoria Offers Traditional Italian Cuisine, Pizza And Subs

Al Cervini and his family are bringing traditional Italian cuisine in a casual dining atmosphere to 5031 Market St. in Wilmington, the former home of Crispino’s Pizza.   Cervini said he was contacted John Crispino, who owns the building ...

Nov 14, 2018

GE Hitachi Awarded Subcontract For Advanced Nuclear Test Facility Design

Wilmington-based GE Hitachi Nuclear Energy has been awarded a subcontract to support the design of a proposed advanced nuclear reactor test facility, currently unavailable in the United States. GE Hitachi and its PRISM technology have been selecte ...

Nov 13, 2018

In Military Cutoff Road Center, Spectrum Fine Jewelry Closes

After more than two decades, Star Sosa is getting out of the retail business. The owner of Spectrum Fine Jewelry, Sosa has closed her store at The Forum on Military Cutoff Road and is preparing for a going-out-of-business sale that starts Thursday ...

Nov 13, 2018

Local Firm To Make Dog Wash Machines For Australian Company

Leland-based Manufacturing Methods has entered into a partnership with an Australian company that has recently located its U.S. headquarters in Wilmington. Tru Blue K9000 has chosen Manufacturing Methods to produce and assemble all its U.S.-based, ...

Nov 13, 2018

Restaurant: Impossible Chef Coming To Wilmington For GLOW Fundraiser

The Girls Leadership Academy of Wilmington (GLOW) will welcome celebrity chef Robert Irvine in February to share his signature culinary style in support of the academy, according to a news release.  As in past years, three events are schedule ...

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In The Current Issue

Health Care Heroes: First Responder

Honors a first responder whose performance is considered exemplary by patients, peers and other health care providers....

Bridge Closing Affects Dosher Medical Plaza

Diagnostic and laboratory services at Dosher Medical Plaza, 4222 Long Beach Road, Southport, relocated in October to other Dosher locations....

Uncertain Future For Apartments

Multiple apartment complexes in the Wilmington area evacuated their tenants in October after finding damage in their buildings from Hurrican...

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