Kevin Ellis

Belmont-based Piedmont Lithium has almost halved the number of its employees this year to cut costs. The company completed a 32% reduction in workers in October, and earlier reported it had decreased its workforce by 27% in February.

Conflict Of Interest Donald Trump wins the presidency by a decisive margin in a country with four percent unemployment, inflation under control and people's stocks and 401ks doing really well.

Wolfspeed’s board has fired CEO Gregg Lowe and its board chair, Thomas Werner, will lead the company until a permanent chief executive can be hired, the Durham-based chipmaker announced Monday.

A forklift manufacturing company with more than 1,400 employees and a 50-year history in Pitt County will lay off 97 workers during a weeklong period starting Jan. 23, according to a notice filed with the N.C. Department of Commerce.

Labcorp’s Chief Financial Officer Glenn Eisenberg will retire and be succeeded by Julia Wang on Dec. 2, the Burlington-based company announced Tuesday.

McAdams, a design and engineering firm headquartered in Raleigh, has acquired AVID Group, a civic engineering firm best known for its work with commercial and retail projects in Florida.

E.J. Victor, a high-end Morganton furniture manufacturer, will layoff 121 workers in a downsizing related to Helene storm damages and a dispute with its insurance provider.

North Carolina’s only Catholic Church-affiliated college has picked an architect for a $25 million performing arts center that has already banked $9 million in state funding. Belmont Abbey College picked Charlotte-based Little Diversified Architectural Consulting for the project.

Duke Energy has opened a fleet mobility microgrid in Mount Holly where businesses can charge their fleet of electric vehicles using 100% renewable energy. The project is a first-of-its-kind in the country to offer a zero-emission, carbon-free microgrid option for fleet charging, Duke Energy says.

Winston-Salem-based ProKidney will pay $22.5 million in cash for two buildings on property adjacent to its existing location, according to a SEC filing made after the close of trading Friday.