RALEIGH — Leaders in the North Carolina Senate on Wednesday floated a new round of corporate and personal tax cuts, unveiling a plan that reduces state revenues by a further $2 billion over five years. The plan would raise money in ...Read More »
Author Archives: Emery Dalesio, AP business writerFeed Subscription
RALEIGH — A federal judge ruled this week that boats could not navigate North Carolina’s second-largest river system at the time of American independence, a decision that helps Alcoa Inc. as it tries to prove it owns the riverbed on which ...Read More »
RALEIGH — Colonial-era land grants and settlement patterns on North Carolina’s frontier are among the evidence a federal judge will consider at a trial opening Tuesday that will determine ownership of the riverbed under Alcoa’s dams. U.S. District Judge Terrance Boyle ...Read More »
RALEIGH — North Carolina officials are looking back at a second failed effort to attract a major carmaker’s American headquarters as the state looks ahead to luring Volvo’s first-ever U.S. assembly plant. North Carolina lost out in January when luxury automaker Mercedes-Benz ...Read More »
RALEIGH, N.C. (AP) — America’s largest electric company said Tuesday that it is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after a long-anticipated buyout of its smaller ...Read More »
RALEIGH — Southern politicians are heating up their recruiting in hopes of landing a big auto manufacturing plant and the potential of thousands of high-paying jobs. North Carolina officials have been hunting for an auto plant since Mercedes-Benz jilted the state ...
Tagged with: Gov. Pat McCroryRead More »
RALEIGH — As the Army thins its ranks, competition to fill rental homes around and even on Fort Bragg is heating up. The private company managing homes on Fort Bragg announced this week it is recruiting Defense Department civilians and ...Read More »
RALEIGH – North Carolina insurance companies that wanted to raise the cost of homeowners coverage by an average of roughly 25 percent were told Dec. 19 that the state’s regulator is instead approving a zero overall change. Insurance Commissioner Wayne Goodwin said ...
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RALEIGH — The head of North Carolina’s key business-recruiting agency is stepping down to be replaced by the environment agency head, Gov. Pat McCrory said Tuesday. Commerce Secretary Sharon Decker is leaving at the end of this month and being succeeded by John ...Read More »
ASHEBORO — North Carolina Republican lawmakers on Saturday picked state Rep. Tim Moore of Cleveland County to become the next leader of the state House of Representatives. House Republicans selected the 44-year-old Kings Mountain attorney and metal recycling company owner as their nominee ...
Tagged with: Tim MooreRead More »