Page 2 - David Rhoades News Today

The company with a significant economic and environmental footprint in North Carolina is facing "substantial doubt" about its ability to stay in business.

On Tuesday, North Carolina canceled a $1.9 million economic incentive grant it awarded to the California company PennyMac in 2021.

Three coastal counties have been ranked as more economically distressed than they were last year, while one – Currituck — is ranked as the least distressed in the state for

(The Center Square) – Awards through North Carolina’s Job Development and Investment Grant program declined sharply in 2023, on pace for roughly half the number approved in recent years.

Before it breaks ground on a major RTP campus, Apple is spending millions to renovate two nearby sites.

Tyson Farms Inc. has laid off at least 250 employees at its Wilkesboro poultry processing plant, the latest in a series of production plant closures and cutbacks.

Plus, Gov. Cooper makes a key business trip, the state plans to add a megasite, and a former Red Hat CEO has a new role.

Plus, Gov. Cooper makes a key business trip, the state plans to add a megasite, and a former Red Hat CEO has a new role.

The state is on pace to approve the lowest number of its key business incentives in 18 years.

The state is on pace to approve the lowest number of its key business incentives in 18 years.