The Latest

Companies & People

Precision BioSciences says $125 million offering extends cash runway to 2029

DURHAM — Precision BioSciences said a $125 million stock and warrant offering, together with existing cash, operating discipline and available at-the-market financing, is expected to extend its cash…

November 11, 2026

Companies & People

Pyxus launches exchange offer for $148 million in secured notes

MORRISVILLE — Pyxus International and its Pyxus Holdings subsidiary launched an exchange offer covering $148.3 million of senior secured notes, advancing a broader restructuring of the Morrisville-based company's…

November 11, 2026

Development & Infrastructure

WhiteFiber signs $300 million financing for Madison data center

MADISON — WhiteFiber subsidiaries signed a $300 million term-loan agreement tied to the NC-1 data center in Rockingham County, establishing a financing path for the 40-megawatt first phase…

November 10, 2026

Development & Infrastructure

Club West sells Charlotte production facility for $6.65 million

CHARLOTTE — Club West’s production and office facility near Camp North End sold for $6.65 million as the brewery scales back distribution operations and shifts toward a smaller…

November 10, 2026

Government & Business

Federal certification activates 204 North Carolina Opportunity Zones

RALEIGH — The U.S. Treasury has certified 204 North Carolina census tracts as Opportunity Zones effective Jan. 1, 2027, activating a decade of federal tax incentives intended to…

November 9, 2026

Companies & People

Forge Nano completes acquisition of Morrisville nanocoatings company HZO

MORRISVILLE — Forge Nano has completed its acquisition of Morrisville-based protective-nanocoatings company HZO in an all-stock transaction involving about 7.3 million shares.

November 9, 2026

Economy & Workforce

Foster to close Winston-Salem food distribution facility, affecting 169 jobs

WINSTON-SALEM — Foster will permanently close its Winston-Salem food-distribution facility, affecting 169 employees, according to a new state workforce notice.

October 24, 2026

Uncategorized

R. Lee Currie, Jr.: Let’s Build Our Way Out of North Carolina’s Housing Squeeze

Ask around any North Carolina town and you'll hear the same story. A renter whose lease went up again. A young couple still saving for a down payment…

October 23, 2026

Companies & People

First Citizens posts $606 million quarterly profit, approves $1.2 billion buyback

RALEIGH — First Citizens BancShares reported $606 million in third-quarter net income and authorized up to $1.2 billion in Class A share repurchases during 2027.

October 23, 2026

Companies & People

Labcorp agrees to buy Myriad prenatal testing business for $210 million

BURLINGTON — Labcorp has agreed to pay $210 million in cash, plus the value of inventory at closing, for Myriad Genetics’ prenatal health testing business in a deal…

October 23, 2026

Government & Business

NC contacts gas stations after 470-plus fuel-price complaints

RALEIGH — North Carolina’s Department of Justice has begun contacting gas stations after receiving more than 470 complaints alleging that retailers may not be passing along savings from…

October 23, 2026

Companies & People

Honeywell Technologies raises 2026 outlook after Q3 sales climb

CHARLOTTE — Honeywell Technologies raised its 2026 sales, adjusted earnings and free-cash-flow outlook after reporting higher third-quarter sales and a 7% increase in backlog in its first quarter…

October 23, 2026