The company behind NC’s biggest jobs news of 2024 is in financial trouble. Sodium-ion battery startup Natron Energy is low on cash and struggling to get investors (as many battery startups currently are). What it means for its $1.4 billion project?.

Breaking: Lenovo confirms it is laying off 3% of its US workforce. The world's largest PC maker has dual headquarters in China and NC. “Like all businesses, we regularly review our cost structure to align with external market dynamics.".

In 1999, the young chipmaker Nvidia had two offices: its HQ in California and a smaller building in Durham, NC. This week, the company became the first to hit a $4 trillion valuation.

Spoke with Duke University's Dr. Barton Haynes about the Center for HIV/AIDS Vaccine Development, which HHS canceled in May. Haynes now has 12 months to find $$ to continue the 20-year project, which he said plans to pilot prototype vaccine in humans.

EPA union leaders say signing the letter was a protected act of free speech. “The mildest dissent should not be met with fear and intimidation,” said Holly Wilson, head of the AFGE Local 3347. “Staff are within their rights to engage with management when they have concerns.".

In a statement Monday, the EPA said it “has a zero-tolerance policy for career bureaucrats unlawfully undermining, sabotaging, and undercutting the administration’s agenda as voted for by the great people of this country last November.”.

Last week, the EPA put 139 employees on leave "pending an investigation" for signing a letter criticizing agency administrator Lee Zeldin. Among those on leave are at least six EPA staff members at the agency's large campus in Research Triangle Park.

Durham semiconductor supplier Wolfspeed filed for bankrupcy today, eight days after announcing its intention to do so. The company looks to emerge from Chapter 11 by end of September after erasing 70% of its debt.

Just in: The manufacturing firm Jabil will choose between sites in Florida and Salisbury, NC for a new $264 million, 1,181-job AI/cloud hardware plant. On Monday, NC awarded Jabil incentives worth up to $11.2 million (plus there's job training + local $).

The North Carolina semiconductor manufacturer Wolfspeed announced it will file for bankruptcy. How the company went from an all-time high stock price to Chapter 11 over the past four years.

That he instead briefly attended Pitt Community College likely doesn't matter to the lawsuit MrBeast has brought against a former employee? . But having the college record straight feels important to Donaldson's story — and his promised ECU partnership.

While Donaldson is associated with East Carolina University, including through a stalled content creation program he was supposed to help launch, the 27-year-old behind MrBeast never attended the school.

Which NC college did Greenville's MrBeast actually drop out of? His own lawyers don't have it correct.

NC awarded JetZero an incentive worth up to $1 billion if the jet maker achieves its hiring and investment goals by 2036 and then maintains at least 10,000 jobs at the site over three decades.

JetZero has designed a prototype plane with unique dimensions and lighter materials. Resembling a flying squirrel or manta ray, the prospective “Z4” aircraft will have a flatter, blended wing body which provides superior fuel efficiency to standard aircraft, the company says.

Major news: JetZero has selected the Greensboro for its first factory, an ambitious $4.7 billion project the California aviation startup says could one day employ 14,500 workers. If successful, it will be the biggest new workforce in recent NC history.

RT @koriedean: New: UNC Asheville's dean of students is out of a job after an undercover interviewer filmed her talking about DEI at the un….

The EPA is reorganizing its science office in a move expected to impact, and likely eliminate, several hundred jobs at the agency’s Research Triangle Park campus. On Friday, RTP scientists were encouraged to reapply for positions in other agency offices.

The Environmental Protection Agency is reorganizing its science research office in a move expected to impact, and likely eliminate, several hundred jobs at the agency’s Research Triangle Park campus.

RT @nstockdale: Congratulations to the staffs of the @newsobserver in Raleigh and @theobserver in Charlotte for being named a finalist for….