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2024-07-22 15:04:18 +0300

Viewpoint: In VinFast, NC makes billion-dollar bet on penny stock company will it pay off?

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The Business Journals

The euphoria showed by North Carolina economic development officials when it landed its first EV manufacturing plant may have been justified. But a deeper look reveals a company betting the farm that those EVs will be a hit.

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Politics2024-07-21 21:02:38 +0300
The euphoria showed by North Carolina economic development officials when it landed its first EV manufacturing plant may have been justified. But a deeper...

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Business / Finance2024-07-21 21:51:49 +0300
The euphoria showed by North Carolina economic development officials when it landed its first EV manufacturing plant may have been justified. But a deeper...

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MarketsBy Pr Newswire2024-07-14 18:00:00 +0300
RALEIGH, N.C., July 14, 2024 /PRNewswire/ -- VinFast announced they have received a $1.2 billion incentive package from the State of North Carolina for its...

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Business / FinancePress Release2024-07-14 18:00:00 +0300
RALEIGH, N.C., July 14, 2024 /PRNewswire/ -- VinFast announced they have received a $1.2 billion incentive package from the State of North Carolina for its...

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PoliticsBy Associated Press2024-07-19 23:42:43 +0300
WINSTON-SALEM, N.C. (AP) A Mississippi -based furniture maker is ending production at two of its manufacturing plants in North Carolina, putting 271 people...

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Business / FinanceBy The Motley Fool2024-07-14 17:20:00 +0300
On June 21, Kellogg (NYSE: K) announced that it plans to split into three different companies next year. Consumers may associate the company primarily with...

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Business / FinanceBy The Motley Fool2024-06-28 14:20:00 +0300
Maybe you know the name. Maybe you know the wild ride that it's been on since its initial public offering in November 2021. But there are, undoubtedly,...

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Business / FinanceBy Cna2024-07-13 04:04:00 +0300
HANOI: Vietnam carmaker VinFast has signed framework agreements with Credit Suisse (Singapore) Ltd and Citigroup Global Markets Inc. to raise at least US$4...

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Business / FinanceBy Globe Newswire2024-07-18 22:21:37 +0300
Durham, NC, July 18, 2024 (GLOBE NEWSWIRE) -- Merritt Properties announced today that it has achieved 100 percent occupancy at Merritt TW Crossing, the...

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MarketsBy Lisa Levin2024-07-06 15:12:36 +0300
U.S. stock futures traded slightly lower this morning on Wednesday after the Nasdaq recorded sharp gains on Tuesday. Investors, meanwhile, focused on some...

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MarketsBy Sakshi Agarwalla2024-06-28 01:40:19 +0300
Electric vehicle (EV) stocks have been among the most popular investment options for investors over the last few years. The industry performed extremely well...

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Business / Finance2024-06-24 19:19:23 +0300
A company with big but controversial ambitions for a mining operation in the Charlotte region is turning its focus elsewhere, at least for now. Plus, a push...

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Business / FinanceBy The Motley Fool2024-07-21 12:21:00 +0300
It's been a rough year for the investing community, with the broad-based S&P 500 logging its worst first half to a year since 1970. Things have been even...

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Business / FinanceBy The Motley Fool2024-07-14 16:43:00 +0300
AppHarvest (NASDAQ: APPH) builds and operates indoor farms in the Appalachia region, using technology to pursue sustainable farming. It's an early-stage...

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MarketsBy Chris Lau2024-06-28 15:57:24 +0300
At the height of the electric vehicle stock bubble, Mullen (NASDAQ: MULN ) stock traded at close to $16. Those glory days are long over. Now that it trades...

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Business / FinanceBy Reuters2024-07-13 04:56:29 +0300
Adds context HANOI, July 13 (Reuters) - Vietnam carmaker VinFast has signed framework agreements with Credit Suisse (Singapore) Ltd and Citigroup Global...

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Business / Finance2024-07-05 22:16:48 +0300
An economic development leader in the Charlotte region has been elected president of North Carolina's main business advocacy organization.

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MarketsBy Lisa Levin2024-07-15 15:25:26 +0300
US producer prices for final demand increased 1.1% month-over-month in June, above analysts expectations of 0.8%. Investors, meanwhile, focused on some...

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Business / FinanceBy Reuters2024-06-24 17:19:31 +0300
By Sruthi Shankar and Anisha Sircar June 24 (Reuters) - Wall Street's main indexes rose over 1% on Friday as signs of slowing economic growth and falling...

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MarketsBy Muslim Farooque2024-07-19 01:53:24 +0300
The U.S. equities market has been incredibly volatile since the beginning of the year. The top market indices have been on historical losing streaks, putting...