In the Time of Business | Eastern North Carolina Now

News that involves the business of our lives, living within our collective economy.

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In the Time of Business  

News that involves the business of our lives, living within our collective economy.

As tariffs settle in, John Deere, one of the nation’s largest manufacturers of heavy farm equipment, continues to suffer financial losses due to tariff costs.
As tariffs settle in, John Deere, one of the nation’s largest manufacturers of heavy farm equipment, continues to suffer financial losses due to tariff costs.
 
The United States imported about $25.5 billion in furniture in 2024, up 7% over 2023.
 
In 2024, growth in 71 of North Carolina’s 100 counties contributed to a total of $36.7 billion in visitor spending statewide, up from the 2023 record of $35.6 billion.
In 2024, growth in 71 of North Carolina’s 100 counties contributed to a total of $36.7 billion in visitor spending statewide, up from the 2023 record of $35.6 billion.
 
A new study shows that out of 10 cities that are potential contenders to be the home of a Major League Baseball (MLB) team, Raleigh and Charlotte are strong contenders.
A new study shows that out of 10 cities that are potential contenders to be the home of a Major League Baseball (MLB) team, Raleigh and Charlotte are strong contenders.
 
The decision has been praised by pro-lifers as a "huge win."
 
Some Republicans see a path to electoral victory in courting organized labor. Others see a fool’s errand.
Some Republicans see a path to electoral victory in courting organized labor. Others see a fool’s errand.
 
Trump said trade talks have been going well with China and the European Union, which is the biggest bilateral trading partner of the U.S.
Trump said trade talks have been going well with China and the European Union, which is the biggest bilateral trading partner of the U.S.
 
Raleigh has emerged as a national leader in promoting a balanced lifestyle, recently ranking No. 4 in Coworking Cafe’s report on the Best US Cities for Work-Life Balance and Mental Health.
Raleigh has emerged as a national leader in promoting a balanced lifestyle, recently ranking No. 4 in Coworking Cafe’s report on the Best US Cities for Work-Life Balance and Mental Health.
 
North Carolina lawmakers have approved another substantial round of aid for western North Carolina communities still grappling with the aftermath of Hurricane Helene, pushing total disaster relief funding above $2 billion.
North Carolina lawmakers have approved another substantial round of aid for western North Carolina communities still grappling with the aftermath of Hurricane Helene, pushing total disaster relief funding above $2 billion.
 
USAID, foreign aid, and NPR are in the crosshairs.
 
'If the money is not flowing...there's less of an incentive to bring the drugs and the guns and some of the illicit activity up to the north.'
'If the money is not flowing...there's less of an incentive to bring the drugs and the guns and some of the illicit activity up to the north.'
 
"We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal."
"We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal."
 
Trump will likely speak to Chinese President Xi Jinping later on Tuesday.
 
President Trump order aims to unwind last-minute union agreements signed by Biden
 
One journalist reacted by saying, "This is clever marketing."
 
“TikTok has immense potential, not just as a tool for creators but as a driver of meaningful economic and social impact."
“TikTok has immense potential, not just as a tool for creators but as a driver of meaningful economic and social impact."
 
Former President Donald Trump is considering having Tesla CEO Elon Musk serve in an advisory role if Trump reclaims the White House, according to a new report.
Former President Donald Trump is considering having Tesla CEO Elon Musk serve in an advisory role if Trump reclaims the White House, according to a new report.
 
Ford Motor Company revealed this week that it lost more than a hundred thousand dollars for every electric vehicle that it sold during the first quarter.
Ford Motor Company revealed this week that it lost more than a hundred thousand dollars for every electric vehicle that it sold during the first quarter.
 
Gateway to the World: North Carolina's ports see record traffic
 
Mercedes-Benz is scrapping its plans to only sell electric vehicles after 2030 as consumer demand for EVs remains lower than what automakers projected.
Mercedes-Benz is scrapping its plans to only sell electric vehicles after 2030 as consumer demand for EVs remains lower than what automakers projected.
 
North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
 
The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
 
Epsilon Advanced Materials (EAM), India’s leading battery materials company has announced a $650 million investment in Brunswick County, North Carolina.
Epsilon Advanced Materials (EAM), India’s leading battery materials company has announced a $650 million investment in Brunswick County, North Carolina.
 
Lululemon founder Chip Wilson is taking backlash for his recent comments about the brand’s adoption of Diversity, Equity, and Inclusion (DEI) policies — which he said led to the use of “unhealthy,” “sickly,” and “not inspirational” models to promote the brand.
Lululemon founder Chip Wilson is taking backlash for his recent comments about the brand’s adoption of Diversity, Equity, and Inclusion (DEI) policies — which he said led to the use of “unhealthy,” “sickly,” and “not inspirational” models to promote the brand.
 
Tesla unveiled intentions to build two more factories and hire thousands of people in the state of Nevada.
Tesla unveiled intentions to build two more factories and hire thousands of people in the state of Nevada.
 
Elon Musk announced Wednesday that he had officially moved SpaceX’s incorporation from Delaware to Texas — where his electric vehicle company Tesla is headquartered.
Elon Musk announced Wednesday that he had officially moved SpaceX’s incorporation from Delaware to Texas — where his electric vehicle company Tesla is headquartered.
 
“Squad” member Rep. Ayanna Pressley (D-MA) accused Walgreens of racism after the company closed a pharmacy in her district.
“Squad” member Rep. Ayanna Pressley (D-MA) accused Walgreens of racism after the company closed a pharmacy in her district.
 
Cargo shipping giant Maersk announced on Tuesday a pause of transits through the Red Sea “until further notice” after one of its container vessels got attacked over the weekend by what the United States identified as Iranian-backed Houthi boats.
Cargo shipping giant Maersk announced on Tuesday a pause of transits through the Red Sea “until further notice” after one of its container vessels got attacked over the weekend by what the United States identified as Iranian-backed Houthi boats.
 
Over recent months, shopping malls in the Charlotte area have seen several incidents of criminal activity, which is part of a larger wave of offenses committed at other malls in large urban areas throughout the U.S.
Over recent months, shopping malls in the Charlotte area have seen several incidents of criminal activity, which is part of a larger wave of offenses committed at other malls in large urban areas throughout the U.S.
 
Discover the real cost of living in North Carolina for renters. Explore housing expenses, utilities, and budgeting tips.
Discover the real cost of living in North Carolina for renters. Explore housing expenses, utilities, and budgeting tips.
 
Bar owners suing the state of North Carolina over COVID-related shutdowns oppose Gov. Roy Cooper's latest legal request. Cooper wants the state Supreme Court to take the case.
Bar owners suing the state of North Carolina over COVID-related shutdowns oppose Gov. Roy Cooper's latest legal request. Cooper wants the state Supreme Court to take the case.
 
North Carolina was the only state government on a list of 150 employers
 
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