Thanks to three new contracts awarded by the N.C. Department of Transportation, totaling nearly $11 million, about 70 miles of area roadway will be resurfaced.
All in Business
Replacement of two bridges, paving coming to Lenoir County
A Lenoir County road will be getting a facelift beginning this year with two new bridges and fresh pavement for several miles.
House and Senate narrow budget differences, but gap remains
With one month to go before the end of the fiscal year, at the General Assembly lawmakers are hammering out how to budget more than $25 billion in the next state spending plan. Republican leaders in the House and Senate have already agreed to spend significantly less than budget priorities submitted by Gov. Roy Cooper in March.
Republicans propose $2.1 billion in cuts on state income taxes
Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.
Unemployment News Isn’t So Rosy
The latest estimates from the Bureau of Labor Statistics show about 251,000 North Carolinians unemployed as of April, down about 58,000 since the beginning of 2021.
Governor Cooper announces Credit Karma to establish East Coast headquarters in Mecklenburg County expansion
Credit Karma, a personal finance technology company, will add 600 new jobs in Mecklenburg County, Governor Roy Cooper announced today. The company will invest more than $13 million to expand its Charlotte presence with a new high-tech engineering hub.
N.C. unemployed must now prove they are seeking work to continue benefits
An executive order issued by Gov. Roy Cooper on Friday, May 21, requires recipients of unemployment benefits to prove they are searching for work to continue receiving benefits. The move makes North Carolina part of a growing number of states to reimplement the work-search requirement.
Governor Cooper announces $51.4 Million in education grants, New financial aid program
The Governor will invest $44 million of the funds to help students access college and earn degrees starting this fall; $5 million to support mental health initiatives across state postsecondary institutions; and $2.4 million into equity-focused initiatives for K-12 and postsecondary students and families.
Governor Cooper issues Executive Order to help North Carolinians return to work
Governor Roy Cooper today issued an Executive Order directing the Department of Commerce to encourage and help people who are receiving unemployment benefits transition back into employment.
Duke Energy Carolinas receives approval for new rates in North Carolina; implements low-income initiatives
Duke Energy Carolinas will implement new rates for North Carolina customers on June 1, as approved by the North Carolina Utilities Commission (NCUC).
Leading Cell Therapy Biotech Company chooses Research Triangle for its North American research and development and manufacturing facility
CARsgen Therapeutics Corporation, an innovative biotechnology company pursuing medicines to treat cancer will create approximately 200 jobs and invest $157 million in Durham, Governor Roy Cooper announced today.
Governor targets money to revitalize NASCAR tracks in N.C.
Lawmakers and the governor are moving bills and disclosing recommendations for using money from the American Rescue Plan, some $5.7 billion.
Club owners, promoters, and performers ready to go live
Gov. Roy Cooper, citing falling COVID infections and increased vaccinations, this month reopened the state, albeit not totally free and completely. Enough so, though, that fall festivals can start booking, and music clubs, opened with limited capacity since March, can again start making money.
Aluminum can manufacturer to significantly expand capacity through investment in Winston-Salem
Ardagh Group (NYSE:ARD), a global supplier of sustainable, infinitely recyclable, metal and glass packaging, will add 94 new jobs in Forsyth County, Governor Roy Cooper announced today. The company will invest at least $195 million to expand its current beverage can metal manufacturing facility in Winston-Salem. Further, the new jobs will be at a prevailing wage of at least 130% of the local average.
Major boat manufacturer White River Marine Group acquires legendary Hatteras Brand, will launch new operations with a target to employ 500 jobs in Craven County
White River Marine Group, LLC, a leading manufacturer of recreational boats, will open a manufacturing facility in Craven County, with a target of 500 jobs, Governor Roy Cooper announced today. The company will make a significant investment in New Bern, creating its first coastal manufacturing site and adding Hatteras to its portfolio of well-known brands.
Energy leaders, experts say N.C. too reliant on Colonial, Transco pipelines
North Carolina remains vulnerable to fuel shortages because it’s too reliant on a pair of pipelines for gas and energy, industry leaders and experts told lawmakers.
Food distribution company to add 40 new jobs in Duplin County
eGourmet Solutions Inc., an online temperature-controlled logistics and supply chain company, will add 40 new jobs in Duplin County, Governor Roy Cooper announced today. The company will invest $500,000 to expand and upgrade the current distribution center in Wallace.
Governor Cooper releases American Rescue Plan investment recommendations
Today, Governor Roy Cooper shared his recommendations for how North Carolina can most effectively invest in its recovery through the American Rescue Plan (ARP). The $5.7 billion in federal funds offer a once-in-a-generation opportunity to invest in North Carolina and ensure a shared recovery from the global pandemic.
Attorney General Josh Stein sues Frontier Communications
Attorney General Josh Stein today sued internet service provider Frontier Communications, alleging that the company did not provide many people with internet service at the speeds it promised them and charged many of them for more expensive and higher-speed services than Frontier actually provided. Attorney General Stein is joined in this action by the Federal Trade Commission and four other states.
Hurricanes to boost playoff attendance after latest Cooper order
The Carolina Hurricanes are making more first-round playoff tickets available, now that Gov. Roy Cooper has relaxed more of his COVID-19 restrictions throughout the state.