Decades’ worth of energy could be sealed up in shale in the piedmont of North Carolina. But Robert Hardison, president of Status Oilwells Inc. in Charlotte, doesn’t really care. Although some are calling for North Carolina to allow a controversial process known as hydraulic fracturing, or “fracking,” to harvest natural gas below the shale, Hardison [...]
The heat could soon be on some Charlotte-area developers to speed up construction on projects before the end of this year. If they don’t, it could cost them their precious building permits, which would mean wasted time and money. It could also result in partially built projects sitting around the Charlotte area until developers get [...]
Gov. Beverly Perdue has vetoed a bill that would have moved the state closer to allowing a controversial process to extract onshore reserves of natural gas. Senate Bill 709, which Perdue vetoed this afternoon, would have allowed the state Department of Environment and Natural Resources to explore the commercial potential of shale gas and regulations. The [...]
Compass Group USA plans to add 200 jobs at its Charlotte headquarters over the next four years in an $8.5 million investment, the company announced today. CGUSA, which provides catering to corporations and is part of publicly traded London-based Compass Group PLC, already employs more than 1,000 in its Charlotte headquarters. The company plans to move some jobs [...]
RALEIGH — North Carolina’s General Assembly completed its override of Democratic Gov. Beverly Perdue’s historic budget veto today, and a state spending plan that cuts sales taxes — and, the governor argues, could lead to thousands of lost education jobs — became law. The Republican-led Senate agreed to overturn the veto on a party-line vote [...]
Gov. Beverly Perdue said today that she has signed an executive order to allow federal unemployment insurance benefits to be restored to some 47,000 North Carolinians. The benefits went away when Perdue in April vetoed legislation that would have kept the checks flowing. But Perdue, a Democrat, did not like the double-digit budget cut that [...]
Mitsubishi Nuclear Energy Systems plans to open its main engineering center in Charlotte, in a $4.1 million project that will create 135 jobs over the next five years, officials announced today. Gov. Beverly Perdue and Mitsubishi executives made the announcement at the University of North Carolina at Charlotte. Mitsubishi will use the facility “to perform projects to [...]
Companies are struggling to find qualified workers to fuel any kind of economic recovery and replace retiring baby boomers, business leaders told Gov. Bev Perdue Monday at an economic roundtable in Charlotte. “We’re adding 1,000 jobs at our site,” Mark Pringle, director of operations for Siemens Energy, said as he pleaded with Perdue to focus on basic [...]
RALEIGH — A North Carolina state workers union wants lawmakers to hold back likely layoffs by finding additional tax revenues and cost savings to close a projected $2 billion-plus budget shortfall for next year. The State Employees Association of North Carolina scheduled a rally today across the street from the Legislative Building. It’s the last [...]
RALEIGH — North Carolina’s out-of-work residents who just lost their unemployment benefits are telling their stories at the state capitol to protest a political faceoff that halted extended help for 37,000 jobless. Gov. Beverly Perdue vetoed legislation over the weekend that would have kept checks flowing, but only if she accepted a double-digit budget cut [...]