Business
Amgen will invest additional $1 billion in NC, adding 370 jobs
Dec. 5. Amgen Inc., the biotech giant, will expand its biologics manufacturing operation in Holly Springs, creating 370 jobs. The company intends to invest $1 billion in Wake County. This brings the company’s total planned investment in Holly Springs to more than $1.5 billion, building on its previously announced $550 million commitment. Quotable —“North Carolina […]
You decide: Will prices decline?
Dec. 3. By Mike Walden. [Analysis] During the presidential campaign, both major candidates promised to lower prices if elected. Now that the election is over, will President-elect Trump be able to fulfill that promise? Background Before I address the question, let me remind you of some important terminology. There is a big difference between “inflation […]
Meck County jobless rate rose slightly in October
Dec. 2. The Mecklenburg County unemployment rate rose slightly in October, to 3.3 percent, from 23.1 percent in September. Mecklenburg’s October rate was unchanged from one year ago. Unemployment rates increased in 91 counties statewide in October, decreased in three, and remained unchanged in six. The not seasonally adjusted statewide rate was 3.6 percent. For […]
RXO will add 216 new jobs
Noov. 27. RXO, a high-tech freight transportation broker, is investing $13.7 million more in its Ballantyne operations. It means 216 new jobs over the next several years. RXO focuses on tech-enabled brokered transportation. With proximity to key interstates, rail andd an international airport, Charlotte offers a primo environment for a broker of full-truckload freight. RXO’s […]
Trapped in the medical billing maze
One cancer patient’s fight to correct errors on her medical bills exemplifies frustrations shared by many. Nov. 26. [Analysis] By Michelle Crouch/North Carolina Health News co-published with The Charlotte Ledger. When Mary Katherine Snow of Cornelius was diagnosed with leukemia in 2017, she was prepared to fight for her life. But she didn’t expect that […]
Survey: JCPenney will have biggest discounts on Black Friday
Nov. 20. In 2023 Americans shopped from home on Black Friday more than they did in stores, with 76.2 million people getting their deals in person and 90.6 million making purchases online. WalletHub’s new report on the Best Places to Shop on Black Friday puts venerable retailer JCPenney at the top. Best Black Friday Retailers […]
NC jobless rates slips .1 percent in October
Nov. 19. The state’s seasonally adjusted unemployment rate fell to 3.7 percent in October, down from 3.8 percent in September. The national rate was unchanged at 4.1 percent. But the state’s unemployment rate was up 0.1 of a percentage point from a year ago. Click here for county-by-county jobless rates. The number of people employed […]
Analysis: Is the Economy Passing Its Annual Evaluation?
Nov. 18. By Mike Walden. Most of us — especially senior citizens like me — have a yearly medical evaluation. In fact, I just had mine, and my doctor was mostly pleased overall. Sure, I have some aches and pains — mainly in my knees — but most of my key metrics are in the […]
Huntersville New Corporations
Nov. 15. These businesses have registered with the North Carolina Secretary of State. 9/16/24 677 Alta PI LLC, Peter Robert Marks, 11330 Vanstory Dr. Ste. 114D, Huntersville 9/16/24 Foundation to Flourish Ventures LLC, United States Corporation Agents Inc., 11522 Elmira Ave. Apt. 310, Huntersville 9/16/24 Protection Realty Group LLC, Marvin Barnes, 8909 McDiarmid Ln., Huntersville […]
Hot Properties: Million-dollar deals
Nov. 13. Recent home sales in excess of $1 million. $4,000,000 Mary Willard to Foxcroft Equity, 19117 Peninsula Point Dr., Cornelius $3,050,000 Robin Eletto to Michael Rauchwarg as trustee of the James H. Richardson Jr. Irrevocable QTIP Trust, 14707 June Washam Rd., Davidson $2,695,000 Denis & Chantal Bilodeau to Edward & Sun Kim, 18102 Watercraft […]
