Business

The $918 million factory is projected create 1,000 jobs. Company officials and politicians say it is vital for national security.

Gov. Josh Stein and Charlotte officials said Tuesday that Scout Motors — a startup electric vehicle maker backed by Volkswagen — will open its U.S. headquarters in east Charlotte.

The Latin American Chamber of Commerce has named a new head for Spark Centro, a hub for Latino entrepreneurs under construction on Albemarle Road in east Charlotte.

This week, WFAE's Marshall Terry and WRAL's Paul Specht are fact-checking two claims. The first is related to an expansion of internet access in the state under a Biden-era law. In a recent post on his Truth Social site, President Trump called the Digital Equity Act racist and illegal and said he will end it.

The EU is America's biggest business partner and the world's largest trading bloc. The U.S. decision will have repercussions for governments, companies and consumers on both sides of the Atlantic.

Climate change is increasing the risk of dangerous floods. But people often balk at the cost of flood insurance, especially since many doubt they need protection.

Recent college graduates are facing one of the most challenging job markets in years — with the exception of the pandemic period — even as the overall unemployment rate remains low.