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Budd and Rouzer urge Trump to protect NC tobacco farmers
Sens. Ted Budd and Rep. David Rouzer urged President Trump to prioritize NC flue-cured tobacco as China halts purchases, threatening millions in farm exports.
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Questions remain over VinFast plant delay as historic church is demolished
Excitement over the promise of North Carolina’s first vehicle manufacturing plant led to great fanfare at the groundbreaking for Vietnamese electric vehicle maker VinFast’s $4 billion EV manufacturing plant in Triangle Innovation Point, in Moncure, Chatham County, over two years ago.
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Trump tariffs to take effect
After months of deadlines being pushed back, tariffs are set to go into effect for multiple countries, and NC businesses are bracing for the impact.
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Trade deadline extended, increased tariffs on Japan and South Korea
Trump originally imposed the 90-day pause on tariffs to give time to negotiate trade deals with various countries, but so far, only deals with the United Kingdom and Vietnam have been brokered.
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Out-of-state clients concerned by rising NC textile prices
The trade war and rising tariffs in the textile industry are impacting business all the way to West Coast.
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Trump Signs EO withdrawing from Paris Agreement
Experts suggest the US far outpaces other countries in reducing emissions, even without Paris Agreement.
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Birthright Citizenship: The executive order explained
According to the order issued by The White House it seeks to exclude from birthright citizenship individuals born in the United States under two specific conditions. North Carolina Attorney General Jeff Jackson joined 17 other attorneys general in filing suit against it.
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Protecting the Pack: NC State cracks down on counterfeits amid Final Four Frenzy
"It's been a great story, it's been a great run, a lot of success," said Gregg Zarnstorff, director of Trademarks and Brand Protection at NC State University. "You know what happens with success is everybody wants to try to profit from it. Sometimes legally and sometimes not."
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Turkey prices are down, but food prices still soaring
While consumers may see a slight dip in food costs for this Thanksgiving, prices are still up compared to pre-pandemic 2019. The American Farm Bureau says this year’s classic feast for 10 family and friends should cost, on average, $61.17. However, in 2022 the nation saw a dramatic 9.9% increase in food prices.
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EV battery material facility coming to southeastern North Carolina
Epsilon Advanced Materials (EAM), India’s leading battery materials company has announced a $650 million investment in Brunswick County, North Carolina. The 1.5 million square foot facility which will break ground in 2024, boosts hiring approximately 500 workers across the Greater Wilmington Area. The facility will produce graphite anode which is used in the production of...
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VinFast’s losses continue to mount, officials still optimistic
Coming on the heels of a second-quarter report that saw losses of $526.7 million, VinFast reported Thursday that it lost an additional $623 million for the third quarter of 2023. That brings total losses since 2021 for the Vietnamese electric vehicle maker to $5.1 billion.
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A second healthcare exec pleads guilty to Medicare fraud
A second Raleigh healthcare company executive has pled guilty to defrauding the Medicare system for millions of dollars.
