Posts tagged “Employment”
Greensboro is clearing way for $600M American Express data center
North Carolina also is reportedly being considered for two other data center projects.
IBM’s new jobs: Triangle’s gain is Charlotte’s loss
Big Blue decided not to expand its Lender Business Process Services group in Charlotte as announced two years ago then chose Triangle over Atlanta, Dallas for the 600 jobs announced last week. Some 50 jobs also will be transferred to RTP from Queen City, agreement with N.C. says.
Why Andy Grove is wrong about job growth
Opinion from Vivek Wadhwa: Reigniting job creation in the U.S. won't happen by becoming more like China and India.
N.C. General Assembly OKs package of perks for jobs
Late Friday, lawmakers unveiled a last-minute tax break - giving 15 years of special tax treatment for an unnamed company promising to invest $500 million in one of the poorest counties and announce it within the next two months.
Looking to hire? Three tax credits available
Small and large businesses alike are eligible for several thousand dollars in tax exemptions and credits to reduce the expense of adding employees. Acting quickly can reduce second-quarter tax filings significantly.
Jobs incentives bill nears final passage in N.C. General Assembly
The House votes 79-30 to approve package that includes tax breaks for at least two data centers. Final Senate approval could come Friday.
Inside the HIRE Act – How businesses can benefit
Key fact points of accounting firm Hughes Pittman & Gupton about the Hiring Incentives to Restore Employment Act.
As recession lingers, capitalism itself is under attack
Analysis from NCSU Economist Michael Walden: Many economic historians have argued that capitalism has brought more prosperity to more people than any other economic system developed. But the economic events of the last two years have called the system into question. Each person will have to decide the degree to which capitalism is at fault.
N.C. Senate approves $240 million in tax incentives for business
One change extends benefits for companies spending $500 million in one of state’s poorest counties.
Korean firm picks South Carolina for electric car assembly plant
CT&T to work with Spartanburg firm to build vehicles, plans to hire 370 workers
CT&T vehicles
Spirit AeroSystems opens for business in N.C.
The world's largest independent supplier of commercial airline components opens its facility at Global TransPark in Kinston.
Microsoft mulls Mebane as site for data center, newspaper says
Citing an unnamed state official, the Burlington Times News reports the software giant mulls North Carolina for expansion.
When is an economic recovery not a recovery?
“This recovery will be different than those in recent memory and will not feel like a recovery for many households” due to numerous factors, warns Harry Davis, N.C. Bankers Association economist in the N.C. Bankers Association Business Barometer.
Nortel to terminate retirement, disability payments on Aug. 31
The bankrupt telecommunications gear maker says it “must discontinue these benefits” to more than 4,000 people as it winds down business through liquidation. People on long-term disability are being terminated since “there are no jobs to return to.”
