News

Development & Infrastructure

Nscale closes up to $1.2B financing for Rockingham County AI site

MADISON - Nscale closed a loan facility providing up to $1.2 billion for an AI computing deployment at a 96-acre colocation site in Rockingham County.

September 1, 2026

Companies & People

Fogo de Chão opens first North Carolina restaurant in Charlotte

CHARLOTTE - Fogo de Chão opened its first North Carolina restaurant in Uptown Charlotte, a 220-seat location expected to provide more than 100 local jobs.

September 1, 2026

Companies & People

JetZero secures up to $100M for Greensboro Z4 factory buildout

GREENSBORO - JetZero said it closed a senior secured term loan facility of up to $100 million to support development of its Z4 aircraft and buildout of manufacturing…

September 1, 2026

Development & Infrastructure

Compass data-center plan calls for five 270,000-square-foot buildings in Iredell

STATESVILLE - North Carolina environmental regulators will hold a Sept. 28 public hearing on a water-quality certification sought for a Compass Datacenters project planned for a 331-acre site…

September 1, 2026

Government & Business

Meta settlement guarantees $451M to North Carolina, could reach $645M

RALEIGH - North Carolina is guaranteed $451 million and could receive up to $645 million under a court-approved settlement requiring Meta to add new safeguards for teenage Facebook…

August 31, 2026

Companies & People

YMCA of Northwest North Carolina names Donna Rodgers president and CEO

WINSTON-SALEM - The YMCA of Northwest North Carolina has named Donna Rodgers president and CEO after she served as interim chief executive since May.

August 31, 2026

Companies & People

Curtiss-Wright lands about $40M in Leidos contracts for Army air-defense system

DAVIDSON - Curtiss-Wright Corporation said Aug. 31 it has been awarded contracts by Leidos valued at approximately $40 million to supply actuation technology and mission computers for a…

August 31, 2026

Government & Business

NC investment authority reports more than $219B under management

RALEIGH - The North Carolina Investment Authority reported more than $219 billion in assets under management as of June, including $150 billion in state retirement-system assets.

August 31, 2026

Development & Infrastructure

NOAA commits $64M to rebuild Beaufort marine laboratory

BEAUFORT - NOAA plans to use $64 million in federal disaster-relief funding to rebuild its historic marine laboratory on Pivers Island after structural damage forced the main building…

August 30, 2026

Companies & People

Tenax narrows next Phase 3 trial after LEVEL misses main goal

CHAPEL HILL - Tenax Therapeutics plans to narrow enrollment in its next Phase 3 trial after TNX-103 missed the primary and key secondary endpoints in the LEVEL study,…

August 30, 2026

Companies & People

NN asks shareholders to double authorized common shares

CHARLOTTE - NN Inc. is asking shareholders to increase its authorized common stock to 180 million shares from 90 million at a Sept. 30 special meeting in Charlotte.

August 29, 2026

Companies & People

Oxford manufacturer Plantd launches biochar product line

OXFORD - Plantd has launched a biochar product line made from a byproduct of the perennial grass used in its structural panels, expanding the Oxford manufacturer into agricultural…

August 29, 2026