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The 4th U.S. Circuit Court of Appeals has affirmed a lower court ruling against investors in a Triangle-based biopharmaceutical company. Pension funds for police and firefighers in San Antonio and El Paso served as lead plaintiffs in the case.
The 4th U.S. Circuit Court of Appeals has affirmed a lower court ruling against investors in a Triangle-based biopharmaceutical company. Pension funds for police and firefighers in San Antonio and El Paso served as lead plaintiffs in the case.
 
Netflix founder Reed Hastings said Thursday he would step down from serving as co-CEO of the streaming giant after the company survived a “tough year” of subscription ups and downs and falling short of adjusted earnings expectations in the final quarter.
Netflix founder Reed Hastings said Thursday he would step down from serving as co-CEO of the streaming giant after the company survived a “tough year” of subscription ups and downs and falling short of adjusted earnings expectations in the final quarter.
 
Good news for students may be bad news for private colleges and universities.
 
The White House intends to cut the federal budget deficit by a total of $3 trillion over the next decade, a reduction that falls short of the $20 trillion in cuts required to balance the budget.
The White House intends to cut the federal budget deficit by a total of $3 trillion over the next decade, a reduction that falls short of the $20 trillion in cuts required to balance the budget.
 
The Children’s Investment Fund Management CEO Christopher Hohn called for Google parent company, Alphabet, to reduce its headcount by another 25,000 workers, referencing excessive median salaries and breakneck growth in payrolls.
The Children’s Investment Fund Management CEO Christopher Hohn called for Google parent company, Alphabet, to reduce its headcount by another 25,000 workers, referencing excessive median salaries and breakneck growth in payrolls.
 
Meta CEO Mark Zuckerberg dismissed 13% of his company’s workforce on Wednesday as revenues lag and costs increase.
Meta CEO Mark Zuckerberg dismissed 13% of his company’s workforce on Wednesday as revenues lag and costs increase.
 
Facebook’s parent company, Meta, said Monday that it could be forced to remove news content from the social media platform if Democrat-controlled Congress passes a controversial bill known as the Journalism Competition and Preservation Act, which gives media companies more power to negotiate
Facebook’s parent company, Meta, said Monday that it could be forced to remove news content from the social media platform if Democrat-controlled Congress passes a controversial bill known as the Journalism Competition and Preservation Act, which gives media companies more power to negotiate
 
Shares of Meta plunged nearly 24% on Thursday as the social media company severely missed quarterly earnings expectations amid criticism of bloated payrolls and distracted spending.
Shares of Meta plunged nearly 24% on Thursday as the social media company severely missed quarterly earnings expectations amid criticism of bloated payrolls and distracted spending.
 
Pres. Biden and Gov. Cooper tout government intervention to force offshore wind energy development off North Carolina beaches as a way to create jobs and grow the economy
Pres. Biden and Gov. Cooper tout government intervention to force offshore wind energy development off North Carolina beaches as a way to create jobs and grow the economy
 
North Carolina has one of the best rainy-day funds in the country, according to a Pewstrust.org article.
North Carolina has one of the best rainy-day funds in the country, according to a Pewstrust.org article.
 
Netflix released “better-than-expected” results in its second quarterly report on Tuesday, which showed the streaming service only lost about half of the two million subscribers projected initially earlier this year.
Netflix released “better-than-expected” results in its second quarterly report on Tuesday, which showed the streaming service only lost about half of the two million subscribers projected initially earlier this year.
 
The Golden LEAF Foundation Board recently adopted a long-term strategic plan to serve as a roadmap for the next few years.
The Golden LEAF Foundation Board recently adopted a long-term strategic plan to serve as a roadmap for the next few years.
 
Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
 
North Carolina Democrats and Republicans have sparred for years about the level of state funding for public schools.
North Carolina Democrats and Republicans have sparred for years about the level of state funding for public schools.
 
While caution remains the budgetary watchword this session, legislative leaders will look for ways to sustain the momentum for tax reform
While caution remains the budgetary watchword this session, legislative leaders will look for ways to sustain the momentum for tax reform
 
specter is haunting higher education—the specter of declining enrollments. University and college enrollment has fallen nearly 9 percent since 2011, according to the National Student Clearinghouse, and no one is exactly sure why
specter is haunting higher education—the specter of declining enrollments. University and college enrollment has fallen nearly 9 percent since 2011, according to the National Student Clearinghouse, and no one is exactly sure why
 
Let's just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate: it's a bad idea
Let's just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate: it's a bad idea
 
North Carolina is the only state meeting all of the Pew Charitable Trusts best or good practices in taking care of its "rainy day" reserves
North Carolina is the only state meeting all of the Pew Charitable Trusts best or good practices in taking care of its "rainy day" reserves
 
The main reason Gov. Roy Cooper and other North Carolina Democrats cited for opposing the Republican-led legislature’s new budget plan was that it saved too much and cut taxes too much
The main reason Gov. Roy Cooper and other North Carolina Democrats cited for opposing the Republican-led legislature’s new budget plan was that it saved too much and cut taxes too much
 
North Carolina's fiscal policy is relatively strong when compared to much of the country
North Carolina's fiscal policy is relatively strong when compared to much of the country
 
Today, Governor Roy Cooper signed into law House Bill 7, An Act to Strengthen the Savings Reserve, as Recommended by the Legislative Research Commission.
Today, Governor Roy Cooper signed into law House Bill 7, An Act to Strengthen the Savings Reserve, as Recommended by the Legislative Research Commission.
 
Lost beneath headlines highlighting the rancorous repeal of House Bill 2, N.C. lawmakers took another vote on the same day that could produce major long-term positive benefits for state government finances
Lost beneath headlines highlighting the rancorous repeal of House Bill 2, N.C. lawmakers took another vote on the same day that could produce major long-term positive benefits for state government finances
 
North Carolina's economy continues to expand at a relatively rapid pace
North Carolina's economy continues to expand at a relatively rapid pace
 
Divided government has its benefits. North Carolina voters and taxpayers are seeing some of those benefits on display now on Jones Street in Raleigh
Divided government has its benefits. North Carolina voters and taxpayers are seeing some of those benefits on display now on Jones Street in Raleigh
 
The N.C. General Assembly’s Legislative Research Commission officially endorsed this afternoon a plan to set new standards for the state’s "ainy day" spending reserves
The N.C. General Assembly’s Legislative Research Commission officially endorsed this afternoon a plan to set new standards for the state’s "ainy day" spending reserves
 
If I could predict the onset of America's next recession with precision, I wouldn't tell you about it. I'd become a money manager and make a pile of it by timing the market
If I could predict the onset of America's next recession with precision, I wouldn't tell you about it. I'd become a money manager and make a pile of it by timing the market
 
Legislators agreed this week to use millions of dollars from North Carolina's "rainy day" reserves. Some of them are also pursuing clearer rules for using those reserves in the future
Legislators agreed this week to use millions of dollars from North Carolina's "rainy day" reserves. Some of them are also pursuing clearer rules for using those reserves in the future
 
North Carolina's economy continues to outperform the national and regional averages - which is one reason why, the results of the gubernatorial election notwithstanding, the state's policy fundamentals are unlikely to change in the foreseeable future
North Carolina's economy continues to outperform the national and regional averages - which is one reason why, the results of the gubernatorial election notwithstanding, the state's policy fundamentals are unlikely to change in the foreseeable future
 
After closing the fiscal year that ended June 30 with a $425 million revenue surplus, the first quarter of the new fiscal year has yielded a surplus of $191 million
After closing the fiscal year that ended June 30 with a $425 million revenue surplus, the first quarter of the new fiscal year has yielded a surplus of $191 million
 
The federal government has just released another set of economic statistics - and they again show North Carolina has one of the fastest-growing economies in the United States
The federal government has just released another set of economic statistics - and they again show North Carolina has one of the fastest-growing economies in the United States
 
Governor Pat McCrory applauded North Carolina's strong revenue growth during the first quarter of the fiscal year, which is largely driven by strong wage growth and employment gains.
Governor Pat McCrory applauded North Carolina's strong revenue growth during the first quarter of the fiscal year, which is largely driven by strong wage growth and employment gains.
 
Governor Pat McCrory announced today that North Carolina ended the fiscal year with strong revenue growth, meaning business tax rates will be lower in 2017.
Governor Pat McCrory announced today that North Carolina ended the fiscal year with strong revenue growth, meaning business tax rates will be lower in 2017.
 
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