Local Business
05/14/2026 · Brunswick County
Raleigh Office Vacancy Dips to 6.75% on Tech Demand Surge
Raleigh's office vacancy rate fell to 6.75% as tech firms fuel demand in the Triangle, bucking national trends. Hybrid work adaptations and a flight to quality Class A spaces are tightening the market. Reports signal stabilization after years of post-pandemic flux.
Duke Energy Seeks NC Rate Hikes to Fund Reliability, Growth Investments
North Carolina's largest utility is pushing for rate increases totaling nearly $7 monthly for residential customers to recover winter fuel costs and bankroll new power projects. Duke Energy's plan aims to bolster grid reliability amid record demand and support the state's economic boom. Regulators now hold the fate of millions of household bills.
05/04/2026
Apple Secures Extension for 3,000-Job RTP Campus in NC
North Carolina has granted Apple a four-year extension to meet its ambitious hiring and investment goals for a massive Research Triangle Park campus, resetting the timeline amid construction delays. The tech giant, already employing hundreds locally, eyes machine learning and AI roles to fuel its East Coast expansion. State leaders hail the move as a boon for the Triangle's innovation economy.
05/04/2026
Spirit Airlines Shuts Down, Rattles RDU Travelers in NC
Spirit Airlines abruptly ceased operations early Saturday, canceling all flights and stranding passengers after 34 years in business. At Raleigh-Durham International Airport, the low-cost carrier's exit disrupts five nonstop routes, though it represented just 1% of traffic. North Carolina flyers now scramble for alternatives as refunds process automatically.
05/03/2026
RTP Biotech Boom: 1,000+ Jobs, Billions Pour into NC Triangle
North Carolina's Research Triangle Park is exploding as biotech giants like Genentech, Novartis and AbbVie announce massive expansions, promising over 1,500 high-paying jobs and billions in investments. From Holly Springs to Durham, these projects target gene therapies, obesity drugs and cutting-edge manufacturing. The surge cements the Triangle's status as a national life sciences powerhouse.
05/02/2026
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