After a decade of financial struggle, the small town of East Laurinburg in Scotland County could soon cease to exist. It could be the start of a trend: State Treasurer Dale Folwell now warns that a growing number of North Carolina towns are at risk of insolvency.
The N.C. auditor said the vast majority of the $3.6 billion in COVID-19 relief funds the state received from the federal government was distributed with limited monitoring and controls.
President Joe Biden wants you to believe that there is no relationship between the extra $300 a week many are receiving in enhanced unemployment-insurance benefits and the shortage of workers now manifest in stores, restaurants, hotels, and other businesses here in North Carolina and across the country.
JELD-WEN Holding, Inc., [NYSE: JELD] the global manufacturer of windows and doors, will create 235 jobs in Iredell County, Governor Roy Cooper announced today. The company will invest $7.9 million in Statesville to establish a new production facility for VPI Quality Windows.
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.
Addressing the N.C. Chamber of Commerce Government Affairs Summit, State Senate leader Phil Berger, R-Rockingham, said the more than $4.5 billion surplus tax revenue North Carolina has in its coffers is both a “blessing and a curse.”
Healthier Together, a public-private partnership between North Carolina Department of Health and Human Services and NC Counts Coalition, is releasing a Request for Proposals for community-based organizations to apply for grants ranging from $5,000 - $20,000 (or up to $50,000 for collaborative proposals). Grants will support groups that will help North Carolina achieve its goal of delivering equitable access to vaccines.
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.
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.
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.