Jimmy Ali

Wilson, NC to Become Innovation Hub with New SBA-Backed Grant

Startups / Leave a Comment

In a move that solidifies Eastern North Carolina’s role in the global tech landscape, the Raleigh-based organization RIoT has been awarded a significant grant from the U.S. Small Business Administration (SBA) to launch a dedicated AgTech innovation program in Wilson. Announced this week, the initiative aims to bridge the gap between rural agricultural heritage and […]

Wilson, NC to Become Innovation Hub with New SBA-Backed Grant Read More »

Icy Conditions Linger as NC Clears After Mid-Week Snowfall

Stock Market / Leave a Comment

North Carolina residents are navigating a slow recovery this Wednesday as the state emerges from a significant mid-week winter storm that brought snow and ice to much of the Piedmont and mountain regions. In response to lingering icy patches on secondary roads, major school districts including Charlotte-Mecklenburg and those across the Triangle announced two-hour delays

Icy Conditions Linger as NC Clears After Mid-Week Snowfall Read More »

Rocky Mount-Based PB Financial Increases Quarterly Dividend by 7%

Stock Market / Leave a Comment

In a strong signal of confidence for the regional banking sector, Rocky Mount-based PB Financial Corporation (OTCQX: PBNC) has announced a 7% increase in its quarterly cash dividend. The Board of Directors approved a payout of $0.61 per share, payable in late February 2026 to shareholders of record. This move by the parent company of

Rocky Mount-Based PB Financial Increases Quarterly Dividend by 7% Read More »

Strategic Site Readiness Program Draws $24B in Statewide Investment

Investments / Leave a Comment

In a landmark announcement for the state’s economic future, Governor Josh Stein revealed this week that North Carolina’s “Selectsite Readiness Program” has paved the way for a staggering $24 billion in total capital investment. By proactively preparing industrial sites across 56 diverse counties, the initiative has successfully converted raw land into “shovel-ready” locations, attracting high-profile

Strategic Site Readiness Program Draws $24B in Statewide Investment Read More »

NC Business Report Highlights 25 Most Powerful Women Leaders

Entrepreneurship / Leave a Comment

In a landmark recognition of shifting corporate dynamics, Business North Carolina has dedicated its February 2026 issue to profiling the “25 Most Powerful Women Leaders” in the state. This first-ever comprehensive list features high-profile executives such as Dr. Cristy Page of UNC Health and Kristen Lesher of Truist, marking a significant milestone in documenting the

NC Business Report Highlights 25 Most Powerful Women Leaders Read More »

From Family Recipe to Award-Winning Brand: The Success of Piedmont Pennies

Entrepreneurship / Leave a Comment

In a remarkable display of North Carolina’s entrepreneurial spirit, Becca Wright, a graduate of UNC-Chapel Hill’s Kenan-Flagler Business School, has transformed a cherished family heirloom into a regional retail powerhouse. Her company, Piedmont Pennies, is making headlines this week as a prime example of how local “home-grown” products can successfully scale into the competitive consumer

From Family Recipe to Award-Winning Brand: The Success of Piedmont Pennies Read More »

Durham’s AxNano Lands Investment to Tackle PFAS Contamination

Investments / Leave a Comment

In a significant boost for the Research Triangle’s environmental tech sector, Durham-based startup AxNano announced this week that it has secured a strategic investment from California’s Leonid Capital Partners. This capital infusion is set to accelerate the development and deployment of AxNano’s proprietary technologies designed to destroy per- and polyfluoroalkyl substances (PFAS), commonly known as

Durham’s AxNano Lands Investment to Tackle PFAS Contamination Read More »

North Carolina Secures ‘State of the Year’ Title for Economic Excellence

Business News / Leave a Comment

In a definitive nod to the state’s aggressive economic development strategy, Business Facilities magazine has officially named North Carolina the “2025 State of the Year.” The prestigious national recognition, announced this week, highlights a historic period of growth for the Tar Heel State, which successfully secured a record-breaking $24 billion in capital investments and over

North Carolina Secures ‘State of the Year’ Title for Economic Excellence Read More »

Energy Giant Siemens to Add 500 Jobs in Charlotte and Raleigh Expansion

Business News / Leave a Comment

In a transformative move for the Tar Heel State’s industrial landscape, Siemens Energy officially unveiled a $421 million expansion plan this week targeting Charlotte and Raleigh. The initiative, announced in collaboration with state and local officials, aims to bolster the production of large power transformers—a critical component for the nation’s aging electrical grid. By establishing

Energy Giant Siemens to Add 500 Jobs in Charlotte and Raleigh Expansion Read More »

NC State Alumnus Leads Bioengineering Startup to Reduce Livestock Emissions

Startups / Leave a Comment

In a breakthrough for the intersection of agriculture and climate science, NC State alumnus Eli Hornstein and his startup, Elysia Creative Biology, are making waves within the North Carolina Plant Sciences Initiative (N.C. PSI) in Raleigh. Leveraging cutting-edge bioengineering, the firm is developing a novel specialty feed designed to significantly inhibit methane production in livestock.

NC State Alumnus Leads Bioengineering Startup to Reduce Livestock Emissions Read More »