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January 27, 2023

Business

Business

Puerto Rico to privatize power generation amid outages

January 20, 2023 The North State Journal Comments Off on Puerto Rico to privatize power generation amid outages

FILE – Puerto Rico Electric Power Authority workers repair distribution lines damaged by Hurricane Maria in the Cantera community of San Juan, Puerto Rico, Oct. 19, 2017. Puerto Rico announced Sunday, Jan. 15, 2023, that […]

Business

Pentagon splits $9 billion cloud contract among 4 companies

December 9, 2022 The North State Journal Comments Off on Pentagon splits $9 billion cloud contract among 4 companies

FILE – This March 27, 2008, file photo, shows the Pentagon in Washington, D.C. (AP Photo/Charles Dharapak, File) WASHINGTON, D.C. — Google, Oracle, Microsoft and Amazon will share in the Pentagon’s $9 billion contract to […]

Business

New Finish, Inc. to expand operations in Norwood

December 8, 2022 The North State Journal 0

NORWOOD – New Finish, Inc. a powder and e-coating, sandblasting, and painting service provider, will be expanding its facility in Norwood by creating approximately (20) new jobs within the next five (5) years and investing […]

Business

Musk to remaining Twitter staff: Go “hardcore” or leave

November 16, 2022 The North State Journal Comments Off on Musk to remaining Twitter staff: Go “hardcore” or leave

The headquarters for the social media company Twitter is seen in San Francisco, on Friday, Nov. 11, 2022. (Stephen Lam/San Francisco Chronicle via AP) NEW YORK — Elon Musk says Twitter is a software and […]

Business

Fed’s Kashkari: Jobs report shows why more rate hikes needed

November 13, 2022 The North State Journal Comments Off on Fed’s Kashkari: Jobs report shows why more rate hikes needed

FILE – Minneapolis Federal Reserve president Neel Kashkari speaks the Yahoo Finance All Markets Summit on Thursday, Oct. 10, 2019, in New York. The solid U.S. jobs report for October underscores why the Federal Reserve […]

Business

Chinese officers charged in plot to obstruct US Huawei probe

October 25, 2022 The North State Journal Comments Off on Chinese officers charged in plot to obstruct US Huawei probe

FILE – In this Dec. 11, 2018, file photo, a woman browses her smartphone as she walks by a Huawei store at a shopping mall in Beijing. China has called on the United States to […]

Business

Business Court: HCA Healthcare antitrust lawsuit can proceed

October 7, 2022 The North State Journal Comments Off on Business Court: HCA Healthcare antitrust lawsuit can proceed

Mission Hospital via Mission PR RALEIGH — A North Carolina Business Court order has denied a motion to fully dismiss an antitrust lawsuit against HCA Healthcare involving the 2019 acquisition of Mission Health.  Judge Mark Davis […]

Business

Russia smuggling Ukrainian grain to help pay for Putin’s war

October 3, 2022 The North State Journal Comments Off on Russia smuggling Ukrainian grain to help pay for Putin’s war

The cargo ship Laodicea sails through the Bosphorus Strait in Istanbul, Turkey, on July 7, 2022. An Associated Press investigation shows the ship, owned by the Syrian government, is part of an extensive Russian-run smuggling […]

Business

In court brief, Musk says the SEC is unlawfully muzzling him

September 30, 2022 The North State Journal Comments Off on In court brief, Musk says the SEC is unlawfully muzzling him

FILE – Elon Musk speaks at the SATELLITE Conference and Exhibition March 9, 2020, in Washington, D.C. (AP Photo/Susan Walsh, File) U.S. Securities regulators are unlawfully muzzling Tesla CEO Elon Musk, violating his free speech […]

Business

FTC reviewing Amazon’s $1.7 billion deal to buy iRobot

September 20, 2022 The North State Journal Comments Off on FTC reviewing Amazon’s $1.7 billion deal to buy iRobot

FILE – In this Thursday, Aug. 25, 2016, photo, an iRobot Roomba vacuum, left, and Braava Jet floor cleaner are displayed at the company’s headquarters in Bedford, Mass. The Federal Trade Commission is investigating Amazon’s […]

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RSS From the North State Journal

  • Panthers hire Frank Reich as head coach
    The Carolina Panthers have hired the sixth full-time coach in team history. After a one-month coaching search, the team brought in the man who was the first quarterback in franchise history — Frank Reich. The [...] The post Panthers hire Frank Reich as head coach first appeared on The North State Journal.
  • US union membership rate hits all-time low despite campaigns 
    The U.S. union membership rate reached an all-time low last year despite high-profile unionization campaigns at Starbucks, Amazon, Apple and other companies.  Union members fell to 10.1% of the overall U.S. workforce, according to the [...] The post US union membership rate hits all-time low despite campaigns  first appeared on The North State Journal.
  • Debt ceiling: 2011 showdown leaves lessons for Biden, GOP
    WASHINGTON, D.C. — The debate around raising the debt ceiling sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president in the White House, refused to raise the debt limit without cuts [...] The post Debt ceiling: 2011 showdown leaves lessons for Biden, GOP first appeared on The North State Journal.
  • Virginia, Amazon announce $35 billion data center plan 
    ALEXANDRIA, Va. — Amazon Web Services plans to invest $35 billion in new data centers in Virginia under a deal with the state, Gov. Glenn Youngkin announced last week.  Millions of dollars in incentives to [...] The post Virginia, Amazon announce $35 billion data center plan  first appeared on The North State Journal.
  • Local Government Commission approves financial requests for Asheville, Chapel Hill, Cornelius
    RALEIGH — At its Jan. 10 meeting, the N.C. Local Government Commission (LGC) approved financial requests made by Asheville, Chapel Hill, and the town of Cornelius.  The LGC is the statutory body that examines town [...] The post Local Government Commission approves financial requests for Asheville, Chapel Hill, Cornelius first appeared on The North State […]
  • Treasurer: NC Highway Trust Fund loan repaid early by NCDOT 
    RALEIGH — As of Dec. 28, 2022, N.C. State Highway Trust Fund loans of over $1 billion were repaid two years early by the N.C. Department of Transportation (NCDOT), according to State Treasurer Dale Folwell.  [...] The post Treasurer: NC Highway Trust Fund loan repaid early by NCDOT  first appeared on The North State Journal.
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