Business

4th Circuit cuts fired Wells Fargo exec’s award from $22M to $18M

The 4th US Circuit Court of Appeals has scaled back the amount of money a former Wells Fargo Securities executive can collect for his firing in 2022.

NC is on new UK Prime Minister Andy Burnham’s radar

Ties between NC and the UK run deep, with tens of thousands of North Carolinians going to work for British companies each day, an estimated 40,000 Brits living in NC, and many NC residents proudly tracing their heritage to the UK.

Justin Sosne

New report finds NC business tax climate remains among nation’s strongest

North Carolina’s business tax climate remains highly competitive, but a new report says the franchise tax still weighs on investment and growth.

Andrew Pomeranz

Tax reform must be sustainable

Tax reform succeeds to the extent it is sustainable and retains public confidence. NC has the right approach.

John Hood

NC can protect ratepayers without driving away data centers

NC can protect ratepayers, respect communities and remain competitive for the next generation of data center investment.

Colton Overcash

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Judge will not force Cooper to testify in COVID bar shutdown case

A Superior Court judge will not force former Gov. Roy Cooper to offer sworn testimony in a lawsuit brought by North Carolina bar owners. The bar owners challenge Cooper’s executive orders that forced bars to remain closed during the COVID pandemic.

Bar owners label Cooper testimony ‘crucial’ in COVID shutdown case

Bar owners suing over North Carolina government’s shutdown of their businesses during the COVID pandemic want to hear from former Gov. Roy Cooper. They explained in a court filing Friday why Cooper’s sworn testimony is "crucial" to their case.

Prysmian plans $1B expansion in Catawba County, promises 385 jobs

Prysmian expansion in Catawba County to be partially funded by One North Carolina Fund grant.

Katherine Zehnder

Cooper deposition motion labeled ‘extreme’ in COVID bar shutdown case

Forcing former Gov. Roy Cooper to provide sworn testimony would be an “extreme remedy” in a lawsuit brought by bar owners shut down because of Cooper’s COVID-related shutdown orders. State government lawyers offered that argument in a court filing Thursday.

Stein signs 4 bills, blasts ‘petty’ limits on his power

On Tuesday, Gov. Josh Stein signed four bills into law, despite the fact that one of those further reduces his appointment powers and other changes under his office.

Theresa Opeka