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Saturday, April 17, 2021
Tags Economic

Tag: Economic

Bill seeks to give more NC tax breaks on COVID-19 loans

The state House is backing legislation that would give additional state tax breaks to businesses that took federal loans to weather the COVID-19 pandemic. But the Senate isn’t yet fully on board with the idea, which comes with a hefty price tag.

Bank of America profit doubles in 1Q to $8.1 billion

Bank of America’s profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic.

Thermo Fisher to acquire Wilmington-based PPD in $17.4 billion agreement

Thermo Fisher Scientific, Inc. has announced its plans to acquire PPD, Inc. which is headquartered in Wilmington. 

Molson Coors brews up investment, partnership with Wilmington-based TRU Colors

TRU Colors Brewery announced on Wednesday a partnership with national beverage company Molson Coors to accelerate its growth.

GameStop to sell 3.5M shares after stock frenzy boosts price

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer says that it will sell up to 3.5 million of its shares.

US adds a strong 379,000 jobs in hopeful sign for economy

U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening.

Cardinal Foods to invest $26M expanding facility in Burgaw

Burgaw company plans to expand its facilities and services in Pender County by investing more than $26 million and creating nearly 50 jobs as part of the project.

Duplin Winery expanding to Panama City Beach

Duplin Winery has broken ground on its third location. The winery is opening an entertainment venue in Panama City Beach, Florida.

North Carolina in better financial shape than anticipated

North Carolina is in a stronger financial position than budget analysts anticipated last year at the start of the pandemic.

Most Read

Pender County couple describes rabid bobcat attack

A rabid bobcat attack in Pender County has gone viral online, and now the victims of the attack are sharing their story.

Raul Castro resigns as Communist chief, ending era in Cuba

Castro made the announcement Friday in a speech at the opening of the Eighth congress of the ruling party, the only one allowed on the island.

Rabid bobcat attack in Burgaw

WWAY will have much more on this story in an exclusive interview later tonight.