NCInnovation (NCI), a private nonprofit organization which aims to use taxpayer money to select particular research projects emanating from North Carolina’s public universities for help in commercialization, announced Tuesday the organization surpassed $25 million in private fundraising commitments. In a press release, NCI executives noted pledges from SAS, Pinnacle Financial Partners, and the Huntington Foundation....
In what might be called a case of whiplash, Vietnamese electric vehicle maker VinFast has once again changed plans for its $4 billion electric vehicle factory in Moncure, Chatham County.
Currituck County and its Tourism Development Authority want North Carolina’s highest court to consider a dispute involving local occupancy taxes. The state Court of Appeals ruled against the county in March.
Mitch Kokai, John Locke Foundation senior political analyst, discusses the N.C. Court of Appeals’ decision against Gov. Roy Cooper’s decision to keep private bars closed during the COVID-19 pandemic. Kokai offered these comments during the April 19, 2024, edition of PBS North Carolina’s “State Lines.”
If policymakers are serious about supporting communities in North Carolina, they need to make it easier to break the cycle of crime and poverty. As a veteran and criminal defense attorney in Forsyth County, I’ve seen firsthand that access to credit and banking can drive real change by transforming communities and creating opportunities. However, federal regulators have made decisions that will do quite...
Construction is on hold at VinFast’s proposed $4 billion electric vehicle factory in Moncure, Chatham County, after the electric vehicle maker revised its plans for a scaled-down version of the facility.
The North Carolina Supreme Court will decide in the months ahead whether a business qualified for a tax exemption from 2012 to 2014 for machinery it purchased to make asphalt. The business and the state Department of Revenue are locked in a dispute over the issue. The parties spent nearly an hour Tuesday morning haggling over the exemption during oral arguments before the high court.
Bar owners who sued Gov. Roy Cooper for shutting them down during the COVID-19 pandemic have won a partial victory at the state Court of Appeals. A unanimous appellate panel agreed the governor had violated bar owners’ rights to the fruits of their labor and equal protection of the laws. At the same time, the Appeals Court rejected the bar owners’ argument that the shutdown amounted to an unconstitutional taking of their property.
If you’re like many North Carolinians, you’ve had to make more hard choices recently, like between paying your bills and buying your medicine. You might have even skipped meals to fill up your gas tank. We got here because big-government politicians put the yoke of regulations on your shoulders and spent money we don’t have...
Bird Flu has been detected in a North Carolina dairy herd.
FUJIFILM Diosynth Biotechnologies, a division of Japanese parent company Fujifilm Corp, plans to expand its job force at its Holly Springs location with an additional 680 jobs and a $1.2 billion investment as part of a $15 million Job Development Investment Grant (JDIG) awarded by the North Carolina Department of Commerce’s Economic Investment Committee (NCEIC).
