Monday, October 21

Tag: North Carolina

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies
29Dec By adminNo Comments
World

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies

Dec. 29, 2023 2:04 pm ET|WSJ ProA bankruptcy judge is allowing U.S. affiliates of Irish air conditioning manufacturer Trane Technologies to remain in bankruptcy, denying a request from asbestos-injury claimants to dismiss the cases created through a controversial strategy known as the Texas Two-Step. Judge J. Craig Whitley of the U.S. Bankruptcy Court in Charlotte, N.C. issued his decision Thursday, rejecting the request to dismiss the chapter 11 cases. Trane placed subsidiaries Aldrich Pump and Murray Boiler under bankruptcy in June 2020 to handle about 90,000 asbestos-related lawsuits. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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DeSantis Is Right About Medicaid
18Dec By adminNo Comments
Health

DeSantis Is Right About Medicaid

North Carolina has become the 40th state to succumb to federal cash and adopt ObamaCare’s Medicaid expansion for able-bodied working-age adults. A new study from the Paragon Health Institute shows there is little to celebrate. Overall health is unlikely to improve despite this massive increase in public welfare. We now have 10 years of data on ObamaCare’s Medicaid expansion. The evidence against the policy is overwhelming: Expansion leads to a surge in spending but reduces healthcare access for traditional Medicaid enrollees such as low-income children and people with disabilities. And it doesn’t improve health.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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North Carolina’s Billion-Dollar Bet on an EV Outsider
11Dec By adminNo Comments
World

North Carolina’s Billion-Dollar Bet on an EV Outsider

Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular: North Carolina. For years, officials there had been trying to get an automobile manufacturer to set up shop in rural Chatham County. More than a billion dollars of incentives got them the Vietnamese upstart with huge ambitions but a limited record.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Judge Blocks Provisions In North Carolina’s New Abortion Law, Nearly All Restrictions Still Remain
1Oct By adminNo Comments
Politics

Judge Blocks Provisions In North Carolina’s New Abortion Law, Nearly All Restrictions Still Remain

RALEIGH, N.C. (AP) — A federal judge on Saturday blocked two portions of North Carolina’s new abortion law from taking effect while a lawsuit continues. But nearly all of the restrictions approved by the legislature this year, including a near-ban after 12 weeks of pregnancy, aren’t being specifically challenged and remain intact.U.S. District Judge Catherine Eagles issued an order halting enforcement of a provision to require surgical abortions that occur after 12 weeks — those for cases of rape and incest, for example — be performed only in hospitals, not abortion clinics. That limitation would have otherwise taken effect on Sunday.And in the same preliminary injunction, Eagles extended beyond her temporary decision in June an order preventing enforcement of a rule that doctors must doc...
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Novo Nordiskfound bacteria in batches of the main ingredient for a diabetes pill that is a cousin to popular diabetes and weight-loss drugs and was made at a North Carolina plant earlier this year, according to a federal inspection report reviewed by The Wall Street Journal.
22Sep By adminNo Comments
World

Novo Nordiskfound bacteria in batches of the main ingredient for a diabetes pill that is a cousin to popular diabetes and weight-loss drugs and was made at a North Carolina plant earlier this year, according to a federal inspection report reviewed by The Wall Street Journal.

Novo Nordisk found bacteria in batches of the main ingredient for a diabetes pill that is a cousin to popular diabetes and weight-loss drugs and was made at a North Carolina plant earlier this year, according to a federal inspection report reviewed by The Wall Street Journal.
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Idalia Lashes the Carolinas as a Tropical Storm
31Aug By adminNo Comments
World

Idalia Lashes the Carolinas as a Tropical Storm

Listen to article(2 minutes)The Southeast U.S. was in cleanup mode Thursday after Idalia plowed a course from Florida to North Carolina, flooding small towns, blowing down trees and power lines and damaging homes. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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