News

Development & Infrastructure

Atrium Health begins $116 million Union West expansion

STALLINGS - Atrium Health has broken ground on a $116 million patient-tower expansion at Atrium Health Union West that will add more than 67,000 square feet and capacity…

September 14, 2026

Government & Business

North Carolina identifies 202 Opportunity Zone 2.0 nominations

RALEIGH - North Carolina has identified 202 census tracts for its next round of Opportunity Zone nominations, a federal tax-incentive program intended to attract private investment to economically…

September 14, 2026

Government & Business

Jeff Jackson seeks separate Duke Energy rate class for data centers

RALEIGH - North Carolina Attorney General Jeff Jackson is asking state utility regulators to create a separate Duke Energy rate class for data centers and other large energy…

September 14, 2026

Development & Infrastructure

W Charlotte hotel to anchor 400 South Tryon conversion

CHARLOTTE - W Hotels will anchor the planned conversion of 400 South Tryon into a mixed-use destination with a 200-key hotel and 399 apartments, according to developer Spandrel…

September 14, 2026

Companies & People

United Therapeutics launches $477.6 million accelerated stock repurchase

DURHAM - United Therapeutics entered a $477.6 million accelerated share-repurchase agreement with Citibank, using the remaining portion of a $2 billion authorization.

September 14, 2026

Development & Infrastructure

NCDOT awards $14.4 million for 14 EV charging sites

RALEIGH - NCDOT awarded $14.4 million to eight businesses that will build and operate electric vehicle charging stations at 14 locations across North Carolina.

September 14, 2026

Companies & People

Bank of America receives 29 workforce management awards

CHARLOTTE - Bank of America received 29 Brandon Hall Group Human Capital Management Excellence Awards for 2026, including 20 Gold and nine Silver awards.

September 14, 2026

Government & Business

North Carolina opens $210,000 fund for small-business research proposals

RALEIGH - North Carolina has opened a $210,000 incentive fund that will reimburse eligible small businesses for costs tied to preparing federal research proposals.

September 14, 2026

Companies & People

Culp sales rise 6.5% as tariff recovery drives quarterly profit

HIGH POINT - Culp's quarterly sales rose 6.5% to $54 million as a $6.9 million tariff recovery helped the fabric maker return to profit.

September 13, 2026

Companies & People

Kewaunee backlog rises to $169 million as quarterly sales decline 6.7%

STATESVILLE - Kewaunee Scientific's order backlog rose to $169 million during its fiscal first quarter as sales declined 6.7% from a year earlier.

September 13, 2026

Companies & People

Duke Energy Progress completes $1 billion mortgage bond sale

RALEIGH - Duke Energy Progress completed the sale of $1 billion in first mortgage bonds in two series carrying interest rates of 5.55% and 6.15%.

September 13, 2026

Companies & People

Fortrea reinstates Jason Knoblauch as chief financial officer

DURHAM - Fortrea Holdings reinstated Jason Knoblauch as chief financial officer after he, the company and his former employer resolved litigation through a settlement and mutual release.

September 13, 2026