The North Carolina Department of Commerce has awarded grants totaling almost $288,000 to support three innovative youth workforce development projects, Governor Roy Cooper announced today.
With the end of the state’s fiscal year just three weeks away, the N.C. House and Senate have reached a deal for the next budget. After weeks of closed negotiations, N.C. Senate and House leaders have agreed to a top-line spending number of $25.7 billion in the first year and $26.7 in the second year. That’s a spending increase of 3.45% in the first year of the biennium and 3.65% in year two.
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.
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.
When it comes to our business climate and economic prospects, North Carolinians are used to receiving accolades. Let’s add another to the list. The Cato Institute just released a study of regulatory barriers facing entrepreneurs. North Carolina fared well in the analysis, ranking 12th-best in the nation.
Fidelity Investments will be creating a new Regional Center for its Personal Investing business, adding 500 new jobs at its existing campus in Research Triangle Park over the next few quarters, Governor Roy Cooper announced today.
Gov. Roy Cooper is leading a nationwide effort in cooperation with Michigan Gov. Gretchen Whitmer to encourage business leaders to publicly oppose states that pass election-reform laws.
Multiple sources have confirmed to Carolina Journal that 13th District Congressman Ted Budd will enter the U.S. Senate race in the coming weeks. Budd will be campaigning for the U.S. Senate seat being vacated by retiring Sen. Richard Burr by early summer.
North Carolina Main Street Champions will be recognized for their commitment to downtown revitalization and strong communities during a virtual recognition ceremony today.
Taxing the income, sales, or property of a business is a means of paying for government services associated with that business activity. It pays for police, courts, and other means of protecting property and adjudicating disputes. It pays to train current workers and educate future ones. It helps pay for local streets and other infrastructure.
A Superior Court judge asked repeatedly Thursday, Feb. 18, for evidence that would justify state government orders that keep private bars closed across North Carolina.
North Carolina, which saw a tightening of the presidential race in the 2020 election, was among the states that saw an influx of money from Mark Zuckerberg in the months leading up to the voting. Capital Research Center noted that Zuckerberg and his wife, Priscilla Chan, donated $350 million to the Center for Technology and Civic Life, which in turn gave the money to local election officials. CRC argues that the formerly small group “became an activist juggernaut with the means to effectively manage the election in numerous cities and battleground states across the nation.”CRC said $4.3 million of these “Zuck bucks” went to 34 North Carolina cities and counties, in addition to a $1 million grant to the state board of elections. CRC said Biden gained about 80,000 votes in the counties that received the grants.
