Local Business
07/09/2026 · Moore County
Major Tech Stocks Decline Amid Questions Over AI Investment Returns
Selling pressure hit major technology companies as investors questioned whether artificial intelligence investments would generate sufficient returns. The selloff prompted broader concerns about the sustainability of the AI-driven rally that has dominated markets.
U.S. Economy Outpaces Global Peers Despite Shared Challenges
The U.S. economy has grown faster than many international counterparts even as all face similar global disruptions. Economists cite several factors unique to America's economic structure as drivers of the outperformance.
07/01/2026
JetZero Opens North Carolina Factory With State's Largest Startup Incentive Package
JetZero broke ground on its first manufacturing facility in Greensboro, North Carolina, backed by the state's most substantial incentive package for any startup. The company expects to create 14,500 jobs within a decade.
06/27/2026
Justice Department Clears Warner Bros. Merger with Paramount
The U.S. Justice Department approved Warner Bros.' acquisition of Paramount, removing a final regulatory hurdle for the $111 billion merger. The deal combines two studios that together control HBO, CNN, and other major media properties.
06/16/2026
SpaceX begins trading on NASDAQ following record initial public offering
SpaceX shares started trading on the NASDAQ following the company's initial public offering. The listing made founder Elon Musk the world's first trillionaire and transformed numerous current and former employees into multi-millionaires.
06/16/2026
SpaceX Sets IPO Price at $135 per Share, Valuing Company at $1.77 Trillion
SpaceX priced its initial public offering at $135 per share, reaching a valuation of $1.77 trillion. The offering marks the largest IPO in history.
06/16/2026
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