The Latest

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

Development & Infrastructure

ACWR opens first phase of 30-acre Candor Logistics Park

CANDOR - Aberdeen Carolina and Western Railway has opened the first phase of a 30-acre transload and distribution park in Montgomery County, with capacity for more than 100…

August 29, 2026

Companies & People

Sonic Automotive adds sixth Porsche dealership with Walnut Creek acquisition

WALNUT CREEK, Calif. - Charlotte-based Sonic Automotive acquired Porsche Walnut Creek and related real estate in a transaction that closed Aug. 25, adding a sixth Porsche dealership to…

August 28, 2026

Development & Infrastructure

DP World adds weekly Europe-Wilmington LCL freight service

WILMINGTON - DP World has launched a weekly less-than-container-load ocean-freight service linking Wilmington with European consolidation hubs and inland distribution across the United States.

August 28, 2026

Companies & People

Truist says $725 million Western NC recovery effort passes halfway mark

CHARLOTTE - Truist says its three-year, $725 million Western North Carolina recovery commitment has passed the halfway mark, with small-business, commercial real estate and home-mortgage lending ahead of…

August 28, 2026

Development & Infrastructure

Merritt starts 790,527-square-foot RDU Business Park

MORRISVILLE - The 150-acre light-industrial development near RDU is planned for up to 13 buildings, with the 201,250-square-foot first phase under construction.

August 27, 2026

Government & Business

NC ferry system to toll every route by Jan. 1

RALEIGH - The new state law ends toll-free vehicle service on four routes as NCDOT sets rates and payment systems for Jan. 1.

August 27, 2026