The Latest

Development & Infrastructure

Raleigh approves 20-story zoning for Beacon Partners’ Eastside district

RALEIGH - Raleigh approved rezoning for Beacon Partners’ nearly 20-acre Capital Boulevard site, allowing a mixed-use district up to 20 stories while leaving construction, investment and timing uncommitted.

October 9, 2026

Development & Infrastructure

Salisbury approves rezoning for 95-acre Flexential data center

SALISBURY - Salisbury City Council has approved conditional zoning for a planned Flexential data center on 95.57 acres at 1477 Henderson Grove Church Road, clearing a key land-use…

October 8, 2026

Companies & People

Wolfspeed secures conditional $1.5 billion U.S. defense loan commitment

DURHAM - Durham-headquartered Wolfspeed has secured a conditional commitment for up to $1.5 billion in long-term U.S. government financing to support its capital structure and domestic production of…

October 8, 2026

Government & Business

NC lawmakers pass 41-cent gas tax suspension through November

RALEIGH - North Carolina lawmakers passed a temporary suspension of the state's approximately 41-cent-per-gallon gasoline and diesel tax through Nov. 30, sending the measure to Gov. Josh Stein…

October 8, 2026

Government & Business

Duke Energy, data center companies reach NC large-load tariff agreement

CHARLOTTE - Duke Energy and major data-center operators have reached a proposed North Carolina agreement that would require the largest new electricity users to make upfront infrastructure payments…

October 8, 2026

Companies & People

Amazon opens largest NC fulfillment center near Wilmington, adding 1,100 jobs

WILMINGTON - Amazon has opened North Carolina's largest fulfillment center near Wilmington, with more than 1,000 full-time employees at the robotics facility and more than 100 additional jobs…

October 7, 2026

Government & Business

Raleigh adopts six-month moratorium on major data center approvals

RALEIGH - Raleigh has adopted a six-month moratorium on applications and development approvals for major data centers while the city writes permanent rules for the facilities.

October 7, 2026

Development & Infrastructure

UNC Health breaks ground on 48-acre Durham campus planned for 144-bed hospital

DURHAM - UNC Health has broken ground on a 48-acre medical campus near Research Triangle Park, beginning a phased project that is scheduled to add a six-story medical…

October 7, 2026

Companies & People

TowneBank agrees to buy Mooresville-based blueharbor bank for $154 million

MOORESVILLE - TowneBank has agreed to acquire Mooresville-based blueharbor bank for approximately $154 million, a proposed transaction that would shift ownership of a five-office North Carolina community bank…

October 6, 2026

Companies & People

Cary-based Fathom, Neighborhood Intelligence terminate merger

CARY - Cary-based Fathom Holdings and Neighborhood Intelligence have terminated their merger agreement, leaving both public companies independent after their boards concluded current valuations did not reflect fair…

October 6, 2026

Companies & People

C.H. Robinson agrees to acquire Charlotte-based RXO for $5.8 billion

CHARLOTTE - C.H. Robinson has agreed to acquire Charlotte-based RXO in a stock-and-cash transaction valued at $5.8 billion, a deal that would fold the Fortune 1000 logistics company…

October 6, 2026

Companies & People

NN Inc. closes $50 million private placement to retire preferred stock

CHARLOTTE - NN Inc. closed a private placement that generated approximately $50 million in net proceeds, giving the precision manufacturer capital to eliminate its remaining Series D preferred…

October 6, 2026