News from the South - North Carolina News Feed

More RTP layoffs as Lenovo, NIH confirm job cuts

Published

13 hours ago

July 16, 2025

www.youtube.com – ABC11 – 2025-07-16 08:47:50

SUMMARY: RTP faces significant layoffs from two sources affecting its local economy. Lenovo announced U.S. layoffs, including at its Morrisville campus, amid instability from Chinese trade tensions. Meanwhile, NIH layoffs follow a Supreme Court ruling allowing mass federal cuts, impacting RTP’s NIH campus—the only one outside Washington. Brianna Clark of NC Global Health Alliance warns these cuts could trigger a brain drain, harming research and healthcare quality. Economist Mike Walden highlights challenges from federal pullbacks and tariffs but remains optimistic about RTP’s business future, noting changing investor dynamics. These layoffs reflect broader federal downsizing affecting thousands, with local implications.

“I worry about the brain drain to North Carolina.”

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Hillsborough town leaders meeting Wednesday to discuss costly Chantal recovery

News from the South - North Carolina News Feed

Hillsborough town leaders meeting Wednesday to discuss costly Chantal recovery

Published

13 hours ago

July 16, 2025

Staff Editor

www.youtube.com – WRAL – 2025-07-16 08:38:53

SUMMARY: Hillsboro town leaders are meeting Wednesday to address the costly recovery from flooding caused by Tropical Storm Shantel, which brought up to 15 inches of rain to Orange County. The storm flooded Hillsboro’s river pump station, spilling 75% of the town’s sewage into the Eno River. Repairs could exceed $30 million. FEMA awarded $5.81 million to relocate the pump station, but funding delays occurred after the Trump administration cut the related program, setting recovery back six to eight months. Town officials are now seeking state funds and reviewing their budget to plan repairs and recovery efforts.

Hillsborough town leaders will meet Wednesday night to discuss how to pay for storm damage after Tropical Depression Chantal.

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News from the South - North Carolina News Feed

‘Trump Tax’ has cost North Carolina $1.5 billion, Democrats show in new website

Published

16 hours ago

July 16, 2025

Staff Editor

ncnewsline.com – Brandon Kingdollar – 2025-07-16 05:00:00

SUMMARY: President Donald Trump’s “big, beautiful bill,” signed July 4, 2025, and associated tariffs are projected to cost North Carolina’s median household $1,700 and have already caused $1.5 billion in business losses. The Democratic Party’s new TrumpTax.com highlights the bill’s impacts, including nearly 652,000 North Carolinians losing health insurance, 142,000 losing flood insurance, and cuts to Medicaid, SNAP, and energy subsidies threatening 125,000 jobs. The bill could close five rural hospitals and raise electric bills by 18.1%. Sen. Thom Tillis opposed the bill due to its harsh effects on North Carolina’s healthcare funding. Public disapproval may influence 2026 elections.

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The post ‘Trump Tax’ has cost North Carolina $1.5 billion, Democrats show in new website appeared first on ncnewsline.com

News from the South - North Carolina News Feed

Tariffs on tomatoes send some shoppers to farmers market

Published

1 day ago

July 15, 2025

Staff Editor

www.youtube.com – ABC11 – 2025-07-15 21:07:11

SUMMARY: Tariffs on tomatoes, especially a 70% tariff on imports from Mexico—which supply two-thirds of U.S. tomatoes—are driving up prices nationwide. Restaurants like El Rodeo in Raleigh, which use thousands of tomatoes yearly for dishes like salsa and fajitas, are feeling the pinch and may raise menu prices. The increased cost is passed on to consumers, contributing to inflation. Meanwhile, local farmers markets are seeing a surge in customers seeking fresher, often cheaper, heirloom and other tomato varieties. Shoppers appreciate the better taste and quality of locally grown tomatoes, creating more business for local growers. The price impacts extend beyond fresh tomatoes to related products like sauces and salsas.