Coming on the heels of a second-quarter report that saw losses of $526.7 million, VinFast reported Thursday that it lost an additional $623 million for the third quarter of 2023.
Published: Saturday, February 3rd, 2024 @ 2:06 am
By: Carolina Journal
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Vinfast issued an earnings report for the second quarter of 2023 on Thursday, and the news is not good for the Vietnamese electric vehicle maker.
Published: Tuesday, January 9th, 2024 @ 1:12 am
By: Carolina Journal
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VinFast, the electric vehicle maker with plans to open a $4 billion manufacturing plant in Chatham County in 2025, has sold 11,300 vehicles during the first half of 2023.
Published: Tuesday, December 26th, 2023 @ 5:18 pm
By: Carolina Journal
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While construction on its $4 billion plant is underway in Chatham County, Vietnamese electric vehicle maker VinFast began trading on the Nasdaq Tuesday as Black Spade Acquisition Company shareholders agreed to approve the merger with VinFast Thursday.
Published: Sunday, November 12th, 2023 @ 11:14 pm
By: Carolina Journal
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RALEIGH: CommScope [NASDAQ: COMM], a global telecommunications leader, plans to add 250 new jobs with a $60.3 million investment to expand its fiber-optic cable manufacturing operations in Catawba County, Governor Roy Cooper announced today.
Published: Friday, September 22nd, 2023 @ 4:11 pm
By: Governor's Office
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Think you’re retiring? Think again.
Published: Saturday, July 8th, 2023 @ 8:16 am
By: Daily Wire
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The Baby Boomer generation stretched from 1946 to 1964. That means members are now 59 to 77 years old, and nearly 10,000 Boomers reach retirement age — 65 — each day.
Published: Wednesday, June 14th, 2023 @ 7:37 am
By: Daily Wire
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Governor Cooper Announces Aircraft Maintenance Company Will Create 85 Jobs with Greensboro ExpansionTAT Piedmont Aviation to invest $12.8 million near Piedmont Triad International Airport
Published: Tuesday, May 2nd, 2023 @ 4:09 pm
By: Governor's Office
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Amazon announced on Monday that the company would dismiss some 9,000 employees amid efforts to become more efficient.
Published: Sunday, April 2nd, 2023 @ 12:47 am
By: Daily Wire
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Manufacturer of Electric Vehicle Charging Stations Selects Durham County for New Production FacilityKempower will invest $41 million and create 300 jobs
Published: Thursday, February 9th, 2023 @ 9:19 pm
By: Governor's Office
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Tesla reported record financial performance that exceeded expectations despite concern over the recent purchase of Twitter by Elon Musk, the electric automaker’s chief executive.
Published: Saturday, February 4th, 2023 @ 8:49 pm
By: Daily Wire
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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.
Published: Monday, January 30th, 2023 @ 10:33 pm
By: Daily Wire
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Microsoft CEO Satya Nadella revealed on Wednesday morning that the company would dismiss some 10,000 employees over the next several months to reduce costs amid a challenging economic climate.
Published: Thursday, January 26th, 2023 @ 5:28 am
By: Daily Wire
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Amazon unveiled a round of dismissals as the e-commerce behemoth reduces costs in response to persistent economic headwinds.
Published: Wednesday, January 11th, 2023 @ 9:52 am
By: Daily Wire
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Economic shocks continues, as the Fed raises interest rates for the seventh time this year
Published: Tuesday, January 3rd, 2023 @ 11:03 pm
By: John Locke Foundation
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Meta CEO Mark Zuckerberg dismissed 13% of his company’s workforce on Wednesday as revenues lag and costs increase.
Published: Wednesday, December 14th, 2022 @ 6:33 pm
By: Daily Wire
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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.
Published: Friday, December 9th, 2022 @ 12:07 am
By: Daily Wire
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A video of a young Meta employee enjoying company perks and not appearing to do much work has gone viral and drawn online mockery just as company founder Mark Zuckerberg faces pressure from investors to cut headcount.
Published: Thursday, December 1st, 2022 @ 10:53 pm
By: Daily Wire
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Altimeter Capital Management pressed Meta CEO Mark Zuckerburg to reform the company’s hiring practices and focus on core competencies in a Monday investor letter.
Published: Tuesday, November 29th, 2022 @ 10:25 pm
By: Daily Wire
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Amazon and FedEx plan on dismissing workers ahead of the holiday season, which is typically a busy time for companies involved in the sale and transportation of consumer goods.
Published: Wednesday, November 23rd, 2022 @ 11:03 pm
By: Daily Wire
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Anatoly was grooving on this Third World War delta-spoofing gig some kind of beaucoup dinky dow.
Published: Tuesday, November 22nd, 2022 @ 6:37 am
By: The Correspondent
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Investors watching the midterm election results from Wall Street were uneasy as many races still have not been called and control of Congress remains uncertain.
Published: Wednesday, November 16th, 2022 @ 2:50 pm
By: Daily Wire
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The unemployment rate reached 3.7% in the month of October as payrolls rose by 261,000, according to a Friday report from the Bureau of Labor Statistics.
Published: Saturday, November 12th, 2022 @ 6:22 pm
By: Daily Wire
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A clip of former President Donald Trump arguing that the election of President Joe Biden would lead to a plummeting stock market circulated online on Friday after Wall Street saw a bloodbath.
Published: Sunday, October 23rd, 2022 @ 3:44 am
By: Daily Wire
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American Woodmark Corporation (NASDAQ: AMWD), one of the nation’s largest manufacturers of cabinets, will expand its operations in Hamlet, North Carolina creating 131 jobs in Richmond County, Governor Roy Cooper announced today.
Published: Friday, October 21st, 2022 @ 9:25 am
By: Governor's Office
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The Consumer Price Index (CPI) rose 8.2% between September 2021 and September 2022, according to a Thursday report from the Bureau of Labor Statistics, surpassing expectations despite harsh contractionary policy from the Federal Reserve and boding poorly for Democratic prospects
Published: Thursday, October 20th, 2022 @ 10:19 am
By: Daily Wire
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GDP growth slides another quarter, and investors are increasingly worried about the future of the economy
Published: Tuesday, October 18th, 2022 @ 7:42 am
By: John Locke Foundation
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Share prices for PayPal dropped more than 5% on Monday morning after a report from The Daily Wire highlighted the firm’s attempt to fine users $2,500 for spreading “misinformation” through the platform.
Published: Wednesday, October 12th, 2022 @ 9:11 pm
By: Daily Wire
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President Joe Biden faced backlash Tuesday afternoon for celebrating the passage of his so-called “Inflation Reduction Act,” which experts say will have little to no impact on reducing inflation, while the latest Consumer Price Index (CPI) showed today that inflation rose in August
Published: Saturday, September 17th, 2022 @ 11:18 am
By: Daily Wire
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Live Oak Bank, a digitally-focused bank, will create 204 new jobs in New Hanover County, Governor Roy Cooper announced today.
Published: Saturday, September 10th, 2022 @ 9:20 am
By: Governor's Office
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Former President Donald Trump announced on Wednesday night a new social media company that he plans to officially launch in Spring 2022 called “TRUTH Social.”
Published: Tuesday, August 23rd, 2022 @ 6:00 pm
By: Daily Wire
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Raleigh and Asheville were named in Livability.com's Top 20 Places to Live, based in part on ease of remote work.
Published: Friday, August 5th, 2022 @ 4:23 am
By: Carolina Journal
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The ruling class thought they could shut down large swaths of the economy during Covid, and paper over any negative effects by flooding the economy with newly-printed money. But all they did was delay the inevitable economic carnage.
Published: Friday, July 8th, 2022 @ 8:15 am
By: John Locke Foundation
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