/business-economy Business & Economy en-US Copyright Mon, 17 Feb 2025 14:19:54 GMT /business-economy/2025-02-17/trump-tariff-threats-north-carolina-businesses-local-governments President Trump's threats to slap duties on imports are creating uncertainty for governments and businesses in North Carolina. Mon, 17 Feb 2025 14:19:54 GMT /business-economy/2025-02-17/trump-tariff-threats-north-carolina-businesses-local-governments Bradley George /business-economy/2025-02-05/toyotas-north-carolina-factory-ev-batteries The company will hire more than 5,000 workers to make batteries for hybrid and electric cars as part of Toyota's approach to encouraging EV ownership in the United States. Wed, 05 Feb 2025 14:39:49 GMT /business-economy/2025-02-05/toyotas-north-carolina-factory-ev-batteries Bradley George /business-economy/2024-12-23/nc-first-unionized-amazon-facility-workers-union-vote-garner If successful, the union vote would form the first unionized Amazon facility in North Carolina and just the second in the United States. Mon, 23 Dec 2024 22:17:03 GMT /business-economy/2024-12-23/nc-first-unionized-amazon-facility-workers-union-vote-garner Aaron Sánchez-Guerra /business-economy/2024-12-23/farmers-reeling-hurricane-helene-ravaged-crops-south Farmers are still reeling more than two months after Hurricane Helene blew away cotton, destroyed ripened squash and cucumbers and uprooted pecan trees and timber. Agribusinesses in other Southern states saw costly damage as well. The University of Georgia estimates the September storm inflicted $5.5 billion in direct losses and indirect costs in Georgia alone Mon, 23 Dec 2024 16:07:10 GMT /business-economy/2024-12-23/farmers-reeling-hurricane-helene-ravaged-crops-south Associated Press /business-economy/2024-08-30/tourism-spending-rebounds-employment-beach-mountain Tourism revenue topped $35 billion dollars in 2023, a record high and 22% higher than in 2019. Income from that spending, or what shops and hotels made in profit, also hit a record high. But employment was still 6% below levels of 2019. Fri, 30 Aug 2024 19:32:56 GMT /business-economy/2024-08-30/tourism-spending-rebounds-employment-beach-mountain Jason deBruyn /business-economy/2024-07-23/summer-heat-governments-energy-assistance-funds-wake-cumberland North Carolina has significantly less funding to help low-income residents with utility bills this summer. Local governments are getting a fraction of what they've received in previous years. Tue, 23 Jul 2024 16:53:13 GMT /business-economy/2024-07-23/summer-heat-governments-energy-assistance-funds-wake-cumberland Will Michaels /business-economy/2024-07-16/harnett-county-opening-jetport-terminal The $6 million Harnett Regional Jetport Terminal opens with the goal of bringing more business to the county. Tue, 16 Jul 2024 15:58:33 GMT /business-economy/2024-07-16/harnett-county-opening-jetport-terminal Sharryse Piggott /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 /business-economy/2024-06-24/apple-rtp-campus-pause-north-carolina-cooper In a statement provided to ¼ª²ÊÍøÍøÕ¾, Gov. Roy Cooper said Apple is still committed to investing in North Carolina. The tech company reportedly wants to delay its timeline for completion of the campus by four years. Tue, 25 Jun 2024 02:31:48 GMT /business-economy/2024-06-24/apple-rtp-campus-pause-north-carolina-cooper Mitchell Northam /business-economy/2024-05-28/wolfspeed-vinfast-chatham-county-growth-biden-benefit-siler-city Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms. But life is changing. The new Wolfspeed factory that overlooks I-64 will soon produce advanced wafers for computer chips. Automaker Vinfast is scheduled to open a factory next year. Both projects stem in large part from incentives that President Joe Biden signed into law. Tue, 28 May 2024 12:48:13 GMT /business-economy/2024-05-28/wolfspeed-vinfast-chatham-county-growth-biden-benefit-siler-city Associated Press