All in Business
NFIB State Director Gregg Thompson released the following statement today on the latest version of Senate Bill 116, legislation that addresses the state's worsening lack of job applications by ending the federal pandemic-related unemployment benefits ahead of schedule as 26 states already have done.
Plenty of politicians, planners, and business folks think they know what North Carolina’s post-pandemic economy will look like. But few seem entirely sure. They are noticeably hedging their predictions, which I consider to be a wise precaution. They ought to be hedging their bets, as well.
Unemployed people who get a job would receive a one-time bonus of $1,500 under legislation spearheaded by Republicans in the N.C. General Assembly.
Aeronautical Systems Incorporated (ASI), a world class provider of engineering, manufacturing and MRO services for military platforms, will create 30 new jobs in Craven County, Governor Roy Cooper announced today. The company will invest $5.6 million to expand its manufacturing footprint in New Bern.
Surry County commissioners are pushing back against major corporations for what they describe as a “bigoted, left-wing divisive political agenda.”
The state auditor said in an examination released Wednesday, May 26, that the N.C. Department of Transportation’s sloppy record keeping led to inaccurate reports on advance construction.
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.
A Lenoir County road will be getting a facelift beginning this year with two new bridges and fresh pavement for several miles.
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.
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.
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.
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.
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 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 will implement new rates for North Carolina customers on June 1, as approved by the North Carolina Utilities Commission (NCUC).
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.
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.
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.
