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Business

Business

Ricardo B. Brazziell
/
Austin American-Statesman/AP
President Donald Trump on Saturday announced he's levying tariffs of 30% against the European Union and Mexico.
  • Toyota produces lithium-ion batteries for battery, hybrid and hybrid plug-in electric vehicles at a mega-site in Liberty, NC.
    Toyota
    /
    Courtesy
    As part of the “battery belt,” North Carolina will soon be home to four lithium-ion battery factories, the power behind electric vehicles. But President Trump’s sweeping federal reconciliation bill eliminated tax credits for purchasing an electric vehicle, raising concerns about the future of the industry.
  • bridgesward
    /
    Pixabay
    Construction in Charlotte is still slow. New quarterly data from CoStar show the number of new apartments and industrial projects have dropped sharply, while almost no new offices are being built. WFAE's Marshall Terry and The Charlotte Ledger's Tony Mecia discuss this, and other business stories, on this week's BizWorthy.