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Raleigh, North Carolina · RaleighBioAgilytix Labs, LLC, a life science testing company that was founded in Durham in 2008 and is headquartered there, was due to receive up to $18,885,000, spread over 12 years if they held up their end of the agreement. Reports say it is now having trouble hiring new employees due to a downturn in biotech funding over the last two years.See the Story
Another JDIG grant bites the dust as Durham company pulls out of agreement
100% Right coverage: 1 sources
Raleigh, North Carolina · RaleighState Insurance Commissioner Mike Causey is asking for the state Supreme Court's permission to participate in a case involving former top North Carolina political donor Greg Lindberg. Lindberg is scheduled to return to federal court on May 6 in a bribery and fraud case. Federal prosecutors accuse Lindberg of bribing Causey with more than $2 million after Causey won the 2016 election. Causey's lawyers wrote that Lindberg "brazenly defrauded" insurance companies he owned.See the Story
Causey targets Lindberg in latest NC court filing
100% Right coverage: 1 sources
Taxes · RaleighNorth Carolina enjoys the fourth highest rate of inbound migration and is ranked third in the nation for low taxes, according to the Tax Foundation. High-income earners of $200,000 or more are particularly sensitive to tax increases, causing international and domestic migration. The absence of a major tax is a common factor among many of the top 10 states.See the Story
Inbound migration to NC fourth highest in nation
100% Right coverage: 1 sources
Raleigh, North Carolina · RaleighNorth Carolina lawmakers authorized pilot programs in 17 high schools across the state with the intention of encouraging more students to pursue high-tech careers. The pilot programs are housed under the SparkNC label. The areas of tech covered by SparkNC include artificial intelligence, computer systems engineering, data analytics, game development and design.See the Story
Pilot program enables NC high school students to explore tech fields
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Raleigh, North Carolina · RaleighThe Joint Legislative Committee on Energy Policy convened Tuesday morning to evaluate the progress of the Carbon Plan. The plan was passed by the General Assembly in 2021 to work toward a carbon-neutral future for North Carolina utilities. Duke Energy filed its carbon plan in August 2023 but recalculated its load forecast in January 2024 due to increased economic development.See the Story
NC Lawmakers probe ‘Carbon Plan’ implementation
100% Right coverage: 1 sources
Raleigh, North Carolina · RaleighNC Innovation was written into the biennial state budget last fall to the tune of $500 million in taxpayer funds. Questions were raised by board member Art Pope. Pope is the owner and chairman of Variety Wholesalers Inc., which owns and operates a chain of discount retail stores spanning 17 states.See the Story
Due Diligence: NCInnovation board member calls for state auditor investigation
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Raleigh, North Carolina · RaleighThe North Carolina State Board of Elections (NCSBE) certified the March 5 primary during a board meeting Tuesday. More than 1.8 million ballots were cast, or 24% of the over 7.4 million registered voters. That's down from the 2020 primary when over 2.1 million votes were cast. This was also the second time North Carolina was a Super Tuesday state. The number of registered voters affiliated with the Democratic Party has gone down while the number of Republican and Unaffiliated registered voters has gone up.See the Story
NCSBE certifies 2024 Primary and gets ready for May 14 runoff
100% Right coverage: 1 sources