I have a C++ program that will read in data from a binary file and originally I stored data in std::vector<char*> data. I have changed my code so that I am now using strings instead of char*, so that std::vector<std::string> data. Some changes I had to make was to change from strcmp to compare for example. 
However I have seen my execution time dramatically increase. For a sample file, when I used char* it took 0.38s and after the conversion to string it took 1.72s on my Linux machine. I observed a similar problem on my Windows machine with execution time increasing from 0.59s to 1.05s.
I believe this function is causing the slow down. It is part of the converter class, note private variables designated with_ at the end of variable name. I clearly am having memory problems here and stuck in between C and C++ code. I want this to be C++ code, so I updated the code at the bottom.
I access ids_ and names_ many times in another function too, so access speed is very important. Through the use of creating a map instead of two separate vectors, I have been able to achieve faster speeds with more stable C++ code. Thanks to everyone!
Example NewList.Txt
2515    ABC 23.5    32  -99 1875.7  1  
1676    XYZ 12.5    31  -97 530.82  2  
279  FOO 45.5    31  -96  530.8  3  
OLD Code:
void converter::updateNewList(){
    FILE* NewList;
    char lineBuffer[100];
    char* id = 0;
    char* name = 0;
    int l = 0;
    int n;
    NewList = fopen("NewList.txt","r");
    if (NewList == NULL){
        std::cerr << "Error in reading NewList.txt\n";
        exit(EXIT_FAILURE);
    } 
    while(!feof(NewList)){
        fgets (lineBuffer , 100 , NewList); // Read line    
        l = 0;
        while (!isspace(lineBuffer[l])){
            l = l + 1;
        }
        id = new char[l];
        switch (l){
            case 1: 
                n = sprintf (id, "%c", lineBuffer[0]);
                break;
            case 2:
                n = sprintf (id, "%c%c", lineBuffer[0], lineBuffer[1]);
                break;
            case 3:
                n = sprintf (id, "%c%c%c", lineBuffer[0], lineBuffer[1], lineBuffer[2]);        
                break;
            case 4:
                n = sprintf (id, "%c%c%c%c", lineBuffer[0], lineBuffer[1], lineBuffer[2],lineBuffer[3]);
                break;
            default:
                n = -1;
                break;
        }
        if (n < 0){
            std::cerr << "Error in processing ids from NewList.txt\n";
            exit(EXIT_FAILURE);
        }
        l = l + 1;
        int s = l;
        while (!isspace(lineBuffer[l])){
            l = l + 1;
        }
        name = new char[l-s];
        switch (l-s){
            case 2:
                n = sprintf (name, "%c%c", lineBuffer[s+0], lineBuffer[s+1]);
                break;
            case 3:
                n = sprintf (name, "%c%c%c", lineBuffer[s+0], lineBuffer[s+1], lineBuffer[s+2]);
                break;
            case 4:
                n = sprintf (name, "%c%c%c%c", lineBuffer[s+0], lineBuffer[s+1], lineBuffer[s+2],lineBuffer[s+3]);
                break;
            default:
                n = -1;
                break;
        }
        if (n < 0){
            std::cerr << "Error in processing short name from NewList.txt\n";
            exit(EXIT_FAILURE);
        }
        ids_.push_back ( std::string(id) );
        names_.push_back(std::string(name));
    }
    bool isFound = false;
    for (unsigned int i = 0; i < siteNames_.size(); i ++) {
        isFound = false;
        for (unsigned int j = 0; j < names_.size(); j ++) {
            if (siteNames_[i].compare(names_[j]) == 0){
                isFound = true;
            }
        }
    }
    fclose(NewList);
    delete [] id;
    delete [] name;
}
C++ CODE
void converter::updateNewList(){
    std::ifstream NewList ("NewList.txt");
    while(NewList.good()){
        unsigned int id (0);
        std::string name;
        // get the ID and name
        NewList >> id >> name;
        // ignore the rest of the line
        NewList.ignore( std::numeric_limits<std::streamsize>::max(), '\n');
        info_.insert(std::pair<std::string, unsigned int>(name,id));
    }
    NewList.close();
}
UPDATE: Follow up question: Bottleneck from comparing strings and thanks for the very useful help! I will not be making these mistakes in the future!