Economy /tags/economy Economy en-US Copyright Wed, 04 Dec 2024 20:20:36 GMT Duke CFO Survey shows companies want tax cuts and less regulation from Trump /news/2024-12-04/duke-cfo-survey-companies-tax-cuts-trump Using a 0-100 scale, the quarterly survey measures “CFO optimism” about the economy. That number jumped from 62.8 before the election to 68.8 following the November vote. Construction companies and manufacturers reported the largest increase. Wed, 04 Dec 2024 20:20:36 GMT /news/2024-12-04/duke-cfo-survey-companies-tax-cuts-trump Bradley George NC-based Wolfspeed puts plans for German semiconductor plant on hold /news/2024-10-23/wolfspeed-germany-semiconductor-saarland-chip-plant The Durham-based company announced the project in 2023. It partnered with German auto parts maker ZF to construct the plant in the western state of Saarland, close to Germany’s border with Luxemburg and France. Wed, 23 Oct 2024 15:29:03 GMT /news/2024-10-23/wolfspeed-germany-semiconductor-saarland-chip-plant Bradley George Shuttered Western North Carolina furniture factory reopens under new management /news/2024-08-19/furniture-factory-mitchell-gold-bob-williams-surya-taylorsville-north-carolina Surya will resume production of the iconic Mitchell Gold + Bob Williams brand, a year after the company filed for bankruptcy and closed its Taylorsville plant. Mon, 19 Aug 2024 16:36:48 GMT /news/2024-08-19/furniture-factory-mitchell-gold-bob-williams-surya-taylorsville-north-carolina Bradley George Harris offers proposals to cut food and housing costs, trying to blunt Trump's economic attacks /politics/2024-08-16/kamala-harris-food-housing-costs-economy-north-carolina During a speech Friday in the battleground state of North Carolina, Kamala Harris said that "building up the middle class will be a defining goal of my presidency." She endorsed a proposal for a federal ban on price gouging by food producers and grocers, and proposed $25,000 in down payment assistance for certain first-time homebuyers. Fri, 16 Aug 2024 20:46:34 GMT /politics/2024-08-16/kamala-harris-food-housing-costs-economy-north-carolina Associated Press California battery manufacturer to build a massive $1.4 billion plant in Edgecombe County /news/2024-08-16/natron-battery-plant-edgecombe-county-kingsboro Natron Energy, a sodium-ion manufacturer based in California, announced Thursday that it will build a $1.4 billion plant in Kingsboro, North Carolina. Fri, 16 Aug 2024 17:04:49 GMT /news/2024-08-16/natron-battery-plant-edgecombe-county-kingsboro Sharryse Piggott In Raleigh, Kamala Harris aims to blunt Donald Trump's economic attacks by proposing new tax breaks /politics/2024-08-16/raleigh-kamala-harris-donald-trumps-economic-tax-breaks The plans she's outlining during a visit Friday to North Carolina would cut taxes for middle- and lower-income families, give incentives for builders of starter homes and provide federal support for down payments by first-time homebuyers. Fri, 16 Aug 2024 13:48:13 GMT /politics/2024-08-16/raleigh-kamala-harris-donald-trumps-economic-tax-breaks Associated Press Mebane flea market closes after 41 years, forcing community of immigrant vendors to relocate /race-class-communities/2024-07-05/mebane-flea-market-closes-immigrant-vendors-community The Buckhorn Flea Market in Orange County was a thriving economic center that sustained Latino residents and many more. It closed on June 30 to make way for a development approved by the City of Mebane. Fri, 05 Jul 2024 18:36:24 GMT /race-class-communities/2024-07-05/mebane-flea-market-closes-immigrant-vendors-community Aaron Sánchez-Guerra Charlotte manufacturer offers paycheck and independence to those who are blind /2024-06-11/charlotte-manufacturer-offers-paycheck-and-independence-to-those-who-are-blind A nonprofit textile manufacturer in Charlotte, called Lions Services, has multimillion-dollar contracts to produce gear such as backpacks and hydration carriers for the U.S. military. The meticulous sewing is done by a workforce that is mostly blind or visually impaired. Tue, 11 Jun 2024 06:37:12 GMT /2024-06-11/charlotte-manufacturer-offers-paycheck-and-independence-to-those-who-are-blind Elvis Menayese North Carolina welcomes a historic visitor in Japan's Prime Minister Kishida /2024-04-12/japan-prime-minister-fumio-kishida-north-carolina Japanese Prime Minister Fumio Kishida is cementing economic links and cultural amity with North Carolina by visiting the Tar Heel state after a few days in Washington focused on global security issues. Fri, 12 Apr 2024 19:22:07 GMT /2024-04-12/japan-prime-minister-fumio-kishida-north-carolina Associated Press North Carolina lands syringe-manufacturing plant that will employ 400 /news/2024-03-18/north-carolina-syringe-manufacturing-plant-schott-pharma A company that makes containers and injections for vaccines and other drugs will build a new manufacturing plant in eastern North Carolina, creating 400 jobs. The U.S.-based subsidiary of German firm SCHOTT Pharma announced on Monday its plan for the $371 million production facility in Wilson, which should start operating in 2027. Mon, 18 Mar 2024 18:47:42 GMT /news/2024-03-18/north-carolina-syringe-manufacturing-plant-schott-pharma Associated Press