Sunday, June 16, 2024

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State lawmakers help small company pursuing COVID-killing therapy

(The News & Observer)
North Carolina leaders two years ago tucked $6 million into the state budget for a newly formed Morrisville company, EmitBio, developing a novel COVID treatment. Then they gave another $20 million. The N&O reports that Neal Hunter, a founder of EmitBio, paid House Speaker Tim Moore tens of thousands of dollars for legal work in 2017.

Atrium Wake Forest Baptist reports $1.2 billion in community benefits.

(Winston-Salem Journal)
Atrium Health Wake Forest Baptist said it provided $1.2 billion in community benefits during 2023, of which the majority came from unreimbursed care. The annual reports are required as not-for-profit healthcare systems. Community benefits typically involve uncompensated care, free and discounted care for low-income patients, charity care, plugging funding gaps, education and community-outreach efforts.

Family Dollar divorce from owner Dollar Tree could have N.C. impact

(Carolina Public Press)
Based in the Charlotte area since Family Dollar’s 1959 foundation, Virginia-based Dollar Tree purchased the chain in 2015 for $8.5 billion, later shuttering its North Carolina headquarters. As Dollar Tree looks for a buyer for the North Carolina-founded Family Dollar franchise, the fate of Family Dollar and its 459 stores across North Carolina remains uncertain.

McIlroy outshines playing partners Scheffler, Schauffele in U.S. Open opening round at Pinehurst

(The Pilot)
Scottie Scheffler entered this week’s U.S. Open as the world’s most dominant golfer while second-ranked Xander Schauffele captured the game’s most recent major. But in Thursday afternoon’s marquee matchup at Pinehurst No. 2, it was No. 3, Rory McIlroy, who won the war. The 35-year-old Northern Irishman grabbed a share of the lead with Patrick Cantlay.

Company set to handle Toyota battery waste

(High Point Enterprise)
Green Metals Inc., a metals recycling business associated with Toyota, announced it will build a plant in Liberty to process battery material for off-site recycling and handle other waste streams produced by the Toyota Battery Manufacturing North Carolina plant. It will invest $19.8 million over five years to open the plant, expected to create 47 jobs.

State BOE bans athletes at public high schools from profiting off NIL

Student-athletes at public high schools in North Carolina will not be able to profit from their name, image, and likeness after the State Board of Education adopted a new amateurism policy, which includes a ban on NIL activities. The policy was adopted on June 6 during a vote that included a number of unrelated action items.

Sewer costs could bankrupt Canton

(The Mountaineer)
Canton is on a trajectory to bankrupt its sewer fund by early fall 2025 based on the proposed town budget slated for adoption at the town board meeting. By next March, the free ride Canton has enjoyed from the mill for decades will be over, and Canton could have to pick up the price tags itself.

Downtown Wilmington business owner fined for holding concerts without a permit

(Wilmington StarNews)
According to a copy of a civil citation, Joe Apkarian, owner of The Eagle's Dare bar and event space at 420 N. Third St., shared with the StarNews, his business was cited for holding "free outdoor concert(s)" May 17 and 31 without obtaining the proper permits. He is vowing to continue the free weekly concert series.