This week Apple Inc. announced North Carolina will be the new home to a billion-dollar campus working in machine learning, artificial intelligence, and software engineering. The move will create 3,000 jobs that pay an average of $187,000 annually.
All in Business
Governor Cooper signs executive order to extend delivery and to-go mixed beverages
Today, Governor Roy Cooper announced that he signed an Executive Order to help North Carolina’s businesses recover from the economic impact of the COVID-19 pandemic. Executive Order No. 210 extends the North Carolina Alcoholic Beverage Control Commission (ABC Commission)’s authorization to permit the delivery or carry-out of mixed beverages as an alternative to on-site consumption through June 1, 2021.
Insurance Commissioner Mike Causey warns of door-to-door insurance scams
For the third time in the past eight months, North Carolina Insurance Commissioner Mike Causey is warning residents to be on alert for insurance scams.
Governor Cooper highlights State’s resilience throughout the pandemic, calls on Legislative leaders to work together to ensure shared recovery
Tonight, Governor Roy Cooper delivered his third State of the State address. The speech highlighted North Carolinians’ resilience throughout the pandemic and reinforced the need for legislators to work together to help the state rebuild from the pandemic even stronger by expanding Medicaid, raising teacher pay, investing in workforce training and solidifying the state’s infrastructure.
Governor Cooper announces Apple will create 3,000 jobs in Wake County
Apple has selected North Carolina’s Research Triangle region as the location for its newest research and development campus and will create 3,000 jobs in Wake County, Governor Roy Cooper announced today. Apple plans to invest more than $1 billion in the state by 2032.
Agricultural Sciences Center named for longtime Ag Commissioner Steve Troxler
Agriculture Commissioner Steve Troxler was recently honored by the N.C. General Assembly and Governor Roy Cooper by the passage and signing of HB 137 that named the new Agricultural Sciences Center in Raleigh the Steve Troxler Agricultural Sciences Center.
Lawmakers introduce retail and online sports betting bill
A recently introduced Senate bill would authorize and regulate sports betting in North Carolina beyond the tribal casinos with the revenue primarily going to schools and economic development.
Apple committing to $1 billion and 3,000 new jobs in North Carolina
BREAKING NEWS: As part of its investments and expansion, Apple plans to invest over $1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. The investment will create at least 3,000 new jobs in machine learning, artificial intelligence, software engineering, and other cutting-edge fields.
NC House expands small business tax relief bill to help unemployed workers impacted by COVID-19
Today, the NC House voted 112-1 to pass House Bill 334 – Temporarily Align PPP Treatment to Federal Treatment, which will provide tax relief for small businesses and individuals impacted by the COVID-19 pandemic.
Utilities Commission approves partial rate hike, coal ash settlement
The N.C. Utilities Commission on Friday, April 16, issued an order approving a partial rate increase for Duke Energy Progress and a settlement addressing coal ash cleanup costs.
Governor Cooper announces genetic testing company will build new lab and create 374 jobs in Wake County
Invitae Corporation, a leading medical genetics company, plans to build a major testing and laboratory facility in Wake County, creating 374 jobs and investing $114.6 million in Morrisville over the next decade, Governor Roy Cooper announced today.
Taxpayer Bill of Rights amendment filed in N.C. Senate
A bill filed in the North Carolina Senate on the traditional April 15 tax deadline day would make tax and spending limits a part of the North Carolina Constitution, if voters approve it in 2022.
House lawmakers push state tax exemption for expenses paid with PPP loans
Lawmakers in the North Carolina House have fast-tracked a bill that would allow businesses that received Payroll Protection Program loans from the federal government to have any expenses the funds were used for deducted from state tax.
Plastic manufacturer to establish first North American operation in Gaston County
Polykemi AB, a Swedish manufacturer of plastic compounds, will create 22 new jobs in Gaston County, Governor Roy Cooper announced today. The company will invest $11.8 million to locate its first U.S. production facility in the Gastonia Technology Park.
House committee set to debate bill fully reopening bars, restaurants
A House Judiciary committee is scheduled Tuesday, April 13, to take up a bill that would fully reopen bars and restaurants, as long as they follow specific safety guidelines.
Op-Ed Submission: Support, share, and strengthen local news media
After working in the business in some way, shape or form, I decided to start a publishing company. People asked me and a longtime colleague, Kassaundra Lockhart, why we couldn’t just start our own paper. The answer was simple - “resources.”
Governor Cooper announces 325 jobs as biopharmaceutical manufacturer selects Lee County
Abzena Holdings (US) LLC, a life sciences contract development and manufacturing organization (CDMO), will locate a significant biopharmaceutical manufacturing site in Lee County, creating 325 jobs and investing $213 million in Sanford, Governor Roy Cooper announced today.
State senators move to make nonprofit donor names private
A new bill supported by influential N.C. senators would protect the confidentiality of donors to nonprofit organizations and charities.
Filtration supplier to invest $26 million in Hickory
Gusmer Enterprises, Inc., a manufacturer of filtration and fermentation products, will create 73 new jobs in Catawba County, Governor Roy Cooper announced. The company will invest $26.5 million to build a production facility in Hickory.
Corporate tax should be priority
North Carolina state government is headed into the 2021-22 fiscal year with nearly $5 billion in unanticipated revenue and unencumbered savings. Even after making critical deposits into the state’s rainy-day fund, reserve for repairing and renovating state buildings, and other accounts, there’ll be enough money left on the table to start a fight.