Brian Gordon
Technology Reporter at The News & Observer
NC tech, business, and labor for @newsobserver. send story ideas and scuttlebutt. past: @usatoday, @asheville
Articles
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2 weeks ago |
newsobserver.com | Brian Gordon
FHI 360, a global research nonprofit headquartered in downtown Durham, will officially layoff more than 480 furloughed U.S. workers, including 144 in North Carolina. The organization on Thursday said these permanent cuts were in response to the federal government slashing international assistance program funding. Since President Donald Trump retook office, FHI 360 has now laid off more than a quarter of its 4,000-person global workforce and canceled over 70 projects.
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2 weeks ago |
newsobserver.com | Brian Gordon
Swiss pharmaceutical giant Novartis has exited one of its two state incentive deals for a gene therapies facility near Research Triangle Park. The North Carolina Economic Investment Committee on Tuesday canceled the company's 2019 job development investment grant, which promised to create 200 jobs, upon Novartis' request.
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2 weeks ago |
newsobserver.com | Brian Gordon
On Tuesday, a few dozen National Institute of Environmental Health Sciences employees in Research Triangle Park learned in an email that their positions would be terminated, effective June 2. The layoffs were part of a sweeping "reduction-in-force" action, or RIF, that the U.S. Department of Health and Human Services would affect roughly 10,000 positions across multiple agencies.
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3 weeks ago |
newsobserver.com | Brian Gordon |Renee Umsted
The 2025 BMW 330i is an international product. Engine made in Austria, transmission from Germany. Final assembly in the Mexican state of San Luis Potosi. And the vehicle is selling this week at a Leith Cars dealership in Raleigh. A sticker on its windshield serves as a genealogical record, displaying that 22% of the vehicle's parts came from Mexico, 24% from Germany, and only 8% from either the United States or Canada.
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3 weeks ago |
heraldsun.com | Brian Gordon
An American flag flies above Wolfspeed prior to a visit by then-President Joe Biden on Tuesday, March 28, 2023, in Durham, N.C. [email protected] Within an hour of trading Friday morning, the Durham semiconductor manufacturer Wolfspeed had lost half its value. Its shares dove below $2.80 before eventually plateauing around lunchtime. By percentage, it ended up being the biggest single-day decline in Wolfspeed’s 32 years as a public company.
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The North Carolina chipmaker Wolfspeed has seen several price drops in its stock in recent years. Last last week was its biggest yet. What caused the drop? And what do the reasons say about the major Durham employer's future? https://t.co/gl55xCVPuf
Check your receipts. NC store inspectors find prices discount chains charge don’t always match what they display. For low-income shoppers, this can add up. I conducted my own price check at a Durham Dollar General and saw the overcharging myself. https://t.co/j5WUtg5r2J
Prepac CEO Nick Bozikis called the decision to consolidate operations in Whitsett, NC “the product of many months of consideration and analysis, and began long before any tariff risks to Prepac’s business arose.” https://t.co/9W37pN5uQD
THE TRUMP EFFECT AT WORK FOR NORTH CAROLINA! 💪🏻 A furniture manufacturer, Prepac, is shutting down its operations in Canada and moving all of its production to its NC facility. This will help grow our economy and bring more good-paying jobs for folks in our area!