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Cabinet manufacturer slashes jobs at Kinston location

MasterBrand Cabinets LLC announced it plans to shut its value semi-custom cabinet operations at the Collier-Loftin Road facility, causing them to lay off 400 employees. The post Cabinet manufacturer slashes jobs at Kinston location appeared first on Carolina Journal.

Carolina Journal

Caterpillar invests $1B in Sanford expansion

The Lee County Board of Commissioners approved $46 million in tax rebates, and a $39.5 million incentive plan received approval from the Sanford City Council, totaling up to $85.5 million in incentives, according to WRAL. The post Caterpillar invests $1B in Sanford expansion appeared first on Carolina Journal.

Carolina Journal

Locke backs Alaska group’s SCOTUS petition on donor privacy

The John Locke Foundation is supporting an Alaska group’s petition to the US Supreme Court. The case addresses a state government agency’s attempt to force Alaska Policy Forum to reveal its donors. The post Locke backs Alaska group’s SCOTUS petition on donor privacy appeared first on Carolina Journal.

Carolina Journal

Treasury releases rules for federal school-choice tax credit

The US Treasury Department released proposed rules Oct. 1 for the federal school-choice tax credit NC joined over Gov. Josh Stein's veto, barring states from adding restrictions on scholarship groups. The post Treasury releases rules for federal school-choice tax credit appeared first on Carolina Journal.

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NC Newsline

Feds provide guidance on new federal K-12 scholarship tax credit program

The U.S. Department of the Treasury released new guidance Thursday for participating states, scholarship-granting organizations and taxpayers as the federal scholarship tax credit program prepares to take effect in January.  Created through President Donald Trump’s massive tax and spending law in 2025, the Education Freedom Tax Credit program allows individuals to claim a dollar-for-dollar federal […]

NC Newsline
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