Gov. Josh Stein and other state officials held a press conference Tuesday afternoon, deemed an “NC Strong Update,” to give an overview of initiatives that the governor’s office and other state agencies are implementing in areas including AI, the biotech industry, public education, and disaster preparedness.
At Tuesday’s Council of State meeting, North Carolina Commissioner of Insurance Mike Causey, a Republican, once again stressed the need for flood insurance after the devastation left behind by Hurricane Helene in western North Carolina.
Agriculture and agribusiness remain the number one industry in North Carolina, reaching a milestone of $103.2 billion in economic impact, according to a June 2023 NC State report. Some stakeholders are launching an initiative to keep the industry thriving and flourishing well into the future.
One of the sticking points in the state budget negotiations is the $1.4 billion proposed in the Senate version for NCInnovation, a private, non-profit created by some NC business leaders in 2018, aimed at providing grants for applied research at select UNC-system universities. The project has raised $23 million over the last five years, with...
It is state budget season down on Jones Street in Raleigh, and numerous large dollar amounts are floating back and forth between chambers at the North Carolina General Assembly. One number has caught the business community’s attention — a $1.4 billion allocation in the state Senate’s budget to go to a non-profit organization called NCInnovation. A press release from...
N.C. State Auditor Beth Wood’s office recently issued an audit that shows millions of dollars of Hurricane Florence disaster recovery funds were distributed with limited monitoring and/or without ensuring all recipients had a method to measure the results. In October 2018, the N.C. General Assembly enacted the Hurricane Florence Emergency Response Act after the hurricane...
The Golden LEAF Foundation failed to monitor how $83 million in federal money from the COVID-19 Rapid Recovery Loan Program were used, a new audit finds. The objective of the performance audit, released Wednesday, March 23, by the office N.C. State Auditor Beth Wood, was to determine whether Golden LEAF designed and implemented procedures to ensure...
The opioid epidemic is killing more than 100,000 Americans each year. Fentanyl alone — not counting other opioids such as heroin, oxycodone, and morphine — now tops the list as the No. 1 cause of death for adults 45 and younger. That’s more than suicides, car wrecks, or COVID-19. The second-largest attorney-general settlement in history...
The N.C. General Assembly passed two bills to deal with fallout from COVID-19. The General Assembly’s 2020 COVID-19 Recovery Act was separated into two sections. House Bill 1043 covered money, and Senate Bill 704 addressed a variety of policy changes. The bills were a compromise between the House and Senate after a couple of days...
Appropriation leaders in the House and Senate are busy working behind closed doors to find consensus on a COVID-19 relief package. The House approved a $1.7-billion omnibus bill Thursday, April 30, a day after the Senate passed its 1.3-billion version. The two chambers will now hash out their differences to pass a single appropriations bill...
The House is wasting little time addressing the challenges COVID-19 has posed to North Carolina. It’s pushing a roughly $1.7 billion omnibus bill to provide relief to North Carolina from the COVID-19 outbreak. The House Rules Committee approved six COVID-19 related bills during a Wednesday, April 29, virtual meeting. The bills will be wrapped into...
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