Senate passes bill targeting organized retail crime

The North Carolina Senate unanimously voted June 6 for a bill that increases the penalties and charges for organized retail theft. House Bill 1005 passed by a vote of 102-0 and would mean a maximum 41 month prison term for those who conspire to steal $50,000 of merchandise or more within a 90 day period. If they steal more than $100,000 worth of goods in a 90 day period, they could face up to 182 months in prison; more than 15 years. 

Brayden Marsh

Working together to save corporate America from itself

President Calvin Coolidge said, “The chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.” We were in 1925 and are a near-century later. Corporate CEOs, though, have increasingly been distracted from producing, buying, selling, investing and prospering. Too many are involving themselves in...

Scott Shepard

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Incentives package worth $1.2 billion draws electric car plant to NC

A Vietnamese automaker has announced plans to build a $4 billion electric-vehicle assembly and battery-manufacturing plant at Triangle Innovation Point in Moncure, about 30 miles west of the Triangle. To attract the newly formed company, the state and Chatham County promise to spend nearly $1.2 billion in incentives over the next 32 years. Meantime, VinFast...

Theresa Opeka

U.S., U.K. to lift harmful tariffs on steel, spirits

The United States and United Kingdom are ending a host of costly tariffs, effective June 1, on a number of products, including whiskey. The deal allows historically based sustainable volumes of U.K. steel and aluminum products to enter the U.S. market without the application of Section 232 tariffs, the White House says in a news...

John Trump