RALEIGH — A federal judge is deciding whether he heard enough Wednesday to rule in a lawsuit pitting North Carolina officials and Alcoa Inc. over the right to control the water and electricity coming from the state’s second-largest river system. The case’s outcome ...Read More »
Author Archives: Emery Dalesio, AP business writerFeed Subscription
RALEIGH — North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowner’s coverage costs to rise by as much as 35 percent even as more insurers demand even higher rates in agreements with customers. Craig Smith has seen the annual insurance ...Read More »
RALEIGH — The income gap that’s been growing for years increasingly is undermining public treasuries in North Carolina and other states, a new report by the investment rating agency Standard & Poor’s says. North Carolina is among the 10 states most reliant on income tax ...
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RALEIGH — Duke Energy plans to invest $500 million in solar power to meet North Carolina’srequirement that more of its electricity come from renewable energy, the country’s largest electricity company said Monday. The Charlotte-based company said it will build three generating facilities ...Read More »
RALEIGH — North Carolina’s Supreme Court on Monday took a new look at whether state regulators are doing enough to balance consumer protection against the pursuit of higher rates by the country’s largest electric company. The new-look court heard arguments in two lawsuits ...
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RALEIGH — North Carolina business recruiters offered Toyota more than $100 million in incentives for the world’s largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size. Only about ...Read More »
RALEIGH — A disagreement between Republican lawmakers about their goals and the role of government is adding to the extended wrangling over the final few measures before the North Carolina General Assembly decides when to shut down for the year. Legislators grappled ...
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