All in Business

Treasurer Folwell applauds Unilever, PLC for spinning off Ben & Jerry’s Ice Cream

RALEIGH - Unilever PLC has decided to separate its ice cream business, which it started in 1922, citing future growth benefits for both entities. State Treasurer Dale R. Folwell praised this move, stating that North Carolina's Investment Management Division would assess whether this separation aligns with the state's "Divestment From Companies Boycotting Israel" statutes. This decision follows DST's inclusion of Ben & Jerry's Homemade, Inc., and its affiliates, including Unilever PLC, in the list of companies subject to divestment due to their boycott of Israel.

Marc Rotterman, former host of Front Row, files complaint to compel David Crabtree, PBSNC to stop “stonewalling” and comply with open records request

Former host of Front Row with Marc Rotterman on PBSNC, Marc Rotterman, and Old School Productions (OSP) have filed a verified complaint in Wake County Superior Court to compel PBS North Carolina (PBSNC) to comply with their open records request, which was submitted over two-and-a-half months ago. The request was related to the recent cancellation of the highly popular political panel discussion show, which the complaint alleges was due to the show moving too far to the right. Attorney Kieran J. Shanahan of Shanahan Law Group, PLLC, representing OSP and Rotterman, claims that PBSNC has chosen to stonewall a legitimate public records request, prompting the legal action.

Incentives package worth $1.2 billion draws electric car plant to NC

A Vietnamese automaker has announced plans to build a $4 billion electric-vehicle assembly and battery-manufacturing plant at Triangle Innovation Point in Moncure, about 30 miles west of the Triangle. To attract the newly formed company, the state and Chatham County promise to spend nearly $1.2 billion in incentives over the next 32 years. Meantime, VinFast is working to secure $1 billion in investment money to build the plant.

Case against former Forsyth County investment adviser concludes with guilty plea, lengthy sentence

A multi-year investigation led by law enforcement agents with the North Carolina Secretary of State’s Securities Division with the assistance of the US Postal Inspection Service ended Tuesday with Forsyth County Superior Court Judge David Hall sentencing Russell Joseph Mutter to a minimum of 16 years, 3 months and a maximum of 22 years, 5 months in prison for a scam in which 12 victims – most of them elderly – lost over $3.3 million.

Governor Cooper announces Boom will manufacture Supersonic Aircraft

Boom Supersonic, the high-profile aviation company building modern supersonic airliners for commercial service, will build its manufacturing and final assembly facility in Greensboro, creating more than 1,750 jobs by 2030, Governor Roy Cooper announced today. The project will bring an investment of more than $500 million through 2030 at a site located at the Piedmont Triad International Airport in Guilford County.

OPINION: Our relationship with big tech must change

At this moment in world history, we are the richest, healthiest, smartest, and most connected humans that have ever lived. Our drinking water is cleaner than it has ever been. Our GDP is the highest, babies are healthier, lifespans are longer, and our food is abundant. (Ex: 150 years ago, a cow produced 1000 pounds of milk in a year. Today, a cow produces 16,000 pounds annually).