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August 20, 2025

business

Business

Duke Energy to spend $87B to boost infrastructure, sells Florida stake

August 15, 2025 The North State Journal Comments Off on Duke Energy to spend $87B to boost infrastructure, sells Florida stake

Brookfield Asset Management will pay $6 billion for a stake in Duke Energy’s Florida utility, which serves about 2 million customers.(Chuck Burton / AP Photo) Duke Energy said last week it will increase its infrastructure […]

Business

Siemens to expand Charlotte facility for U.S. transformer production

August 8, 2025 The North State Journal Comments Off on Siemens to expand Charlotte facility for U.S. transformer production

Siemens Energy announced a major expansion to its Charlotte facility and plans to begin producing large power transformers there by early 2027. (Uwe Lein / AP Photo) CHARLOTTE — Siemens Energy plans to begin U.S. […]

Business

NC extends streak as CNBC’s top state for business in 2025

July 18, 2025 The North State Journal Comments Off on NC extends streak as CNBC’s top state for business in 2025

The downtown Raleigh skyline, shown in 2024, continues to expand as more businesses move into the area.(Abhiram Juvvadi via Wikipedia) “With a solid economy, a world-class workforce and a wealth of corporate hospitality, North Carolina […]

Business

Jabil to invest $500M in new Rowan County facility, create nearly 1,200 jobs

July 11, 2025 The North State Journal Comments Off on Jabil to invest $500M in new Rowan County facility, create nearly 1,200 jobs

Jabil’s current United States footprint spans 30 sites, with proven experience and investments in automation, robotics, and process optimization to support customer demand for production at scale across industries. (Jabil via AP) SALISBURY — Electronics […]

Business

More refunds sent to Fortnite players ‘tricked’ into unwanted purchases

July 4, 2025 The North State Journal Comments Off on More refunds sent to Fortnite players ‘tricked’ into unwanted purchases

Cary-based video game maker Epic Games will pay out more money to consumers the FTC ruled were deceived into making unwanted purchases. (Wayne Parry / AP Photo) PHILADELPHIA — The U.S. Federal Trade Commission is […]

Business

Fried chicken sector booms, Bojangles eyes possible sale

June 20, 2025 The North State Journal Comments Off on Fried chicken sector booms, Bojangles eyes possible sale

Charlotte-based Fast-food chain Bojangles is considering a possible sale of the company for over $1 billion. (Courtesy Bojangles) CHARLOTTE — Bojangles, the fast-food chain known for its fried chicken, biscuits and sweet tea, is reportedly […]

Business

Amazon to invest $10B in Richmond County for data center, AI campus

June 13, 2025 The North State Journal Comments Off on Amazon to invest $10B in Richmond County for data center, AI campus

Amazon has invested $12 billion in North Carolina since 2010 and supports 24,000 full- and part-time jobs. (Reed Saxon / AP Photo) HAMLET — Amazon plans to invest $10 billion toward building a campus in […]

Business

Businesses around Fort Bragg pay small fortune for name change

June 6, 2025 The North State Journal Comments Off on Businesses around Fort Bragg pay small fortune for name change

Ralph Rodriguez poses for a portrait at his pawn and gun shop in Fayetteville, N.C., Friday, May 9, 2025. (Allen G. Breed / AP Photo) FAYETTEVILLE — When it came to picking a name for […]

Business

JBS shareholders approve US stock listing despite pushback

June 1, 2025 The North State Journal Comments Off on JBS shareholders approve US stock listing despite pushback

Employees walk on the plant grounds of meatpacker JBS in Lapa, Brazil. (Eraldo Peres / AP Photo) Brazilian meat giant JBS came a step closer last Friday to its long-held goal of trading its shares […]

Business

Publix recalls GreenWise baby food pouches from stores

May 30, 2025 The North State Journal Comments Off on Publix recalls GreenWise baby food pouches from stores

A Publix grocery store is seen in Neptune Beach, Fla.(Mark Long / AP Photo) The supermarket chain Publix has recalled fruit and vegetable baby food sold in eight states because product testing found elevated levels […]

Posts pagination

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