WASHINGTON, Oct. 15 -- The U.S. Department of Commerce issued the following news release: Proposed CHIPS Investment of up to $750 Million Would Support Construction of World's Largest Silicon Carbide 200mm Ecosystem and Create Over 5,000 Jobs in North Carolina and New York Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Wolfspeed, Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $750 million in proposed direct fun  more

WASHINGTON, Oct. 14 -- The U.S. Department of Homeland Security Federal Emergency Management Agency issued the following news release: Helene and Milton recovery efforts continue in North Carolina and the Southeast. Over 8,500 federal personnel are deployed, which includes over 4,200 FEMA personnel who remain on the ground, working side-by-side with state and local officials, to help survivors get what they need to begin their recovery. For those affected by Hurricane Helene, as of today, FEMA  more

WASHINGTON, Oct. 15 -- The U.S. Department of Homeland Security Federal Emergency Management Agency issued the following news release: RALEIGH, N.C. A Disaster Recovery Center (DRC) is opening Wednesday, Oct. 16 in Bakersville (Mitchell County) to assist North Carolina survivors who experienced loss from Helene. The Mitchell County DRC is located at: Mitchell County Senior Center 152 Ledger School Road Bakersville, NC 28705 Open: 8 a.m. 7 p.m., Monday through Sunday A DRC is a one-stop  more

WASHINGTON, Oct. 14 -- The U.S. Department of Homeland Security Federal Emergency Management Agency issued the following news release: NORTH CAROLINA The State of North Carolina and FEMA continue to work together to help communities recover from Hurricane Helene and provide assistance to survivors. Over the past weekend, out of abundance of caution, FEMA made operational changes based on threat information. The changes did not impact ongoing search and rescue and life-safety operations, and D  more

WASHINGTON, Oct. 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-12621; D. Mass. filed Oct. 15, 2024) involving Matthew Groom: * * * The Securities and Exchange Commission filed insider trading charges today against North Carolina resident Matthew Groom, who allegedly avoided losses of about $13,000 by trading in advance of the May 3, 2022 announcement by the Cambridge, Massachusetts-based biopharmaceutical company Spero Therapeutics, Inc. that  more

WASHINGTON, Oct. 15 -- The U.S. Department of Agriculture issued the following news release: The U.S. Department of Agriculture (USDA) announced that people in parts of Georgia, North Carolina and Tennessee recovering from Tropical Storm Helene may be eligible for food assistance through the USDA's Disaster Supplemental Nutrition Assistance Program (D-SNAP). Approximately 982,930 households in Georgia, 152,572 households in North Carolina and 54,692 households in Tennessee are estimated to be e  more

BLUEFIELD, West Virginia, Oct. 16 -- The office of the U.S. Attorney for the Southern District of West Virginia issued the following news release on Oct. 15, 2024: Keith Deshon Adams, 39, of Statesville, North Carolina, was sentenced today to 13 years in prison, to be followed by four years of supervised release, for possession with intent to distribute 5 grams or more of methamphetamine and a quantity of fentanyl. According to court documents and statements made in court, on September 7, 2022  more