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“Fundamentally, this is a property rights issue,” BASE President and CEO Tyler Newman told Port City Daily on Thursday. “Much of the land on the west bank is already environmentally impaired, is currently zoned for commercial and industrial use, and perhaps most importantly, is privately owned.” (Port City Daily/File) NEW HANOVER COUNTY — County commissioners were presented with both engineering and business partnership perspectives ahead of an August vote on West Bank development guidelines, but the two are at odds. Read more: Concerns abound: Planning Commission rejects Western Bank amendments On Monday, former U.S. Army Corps of Engineers engineer Brayton…

In a few weeks, Google will be releasing a new version of an eight-year-old smartphone that most people probably won’t buy.Apple seems worried about the money it’s putting into its online video service, Apple TV Plus, which has lower U.S. TV ratings than PBS, Xumo and Vudu, according to media analytics firm ComScore. If you’re wondering what Xumo and Vudu are, now you know what we mean.Amazon executives are trying to justify their popular but unprofitable Alexa-enabled home devices to their superiors, and the company will soon offer a paid artificial intelligence version of the voice assistant to generate more…

Consumer sentiment at lowest since last year 10 hours 32 minutes ago A national survey of public perceptions of the economy found that consumers are becoming more optimistic about inflation, but lower-income earners are more concerned about the economy’s upturn. The Michigan Consumer Sentiment Index continued to fall in July, its lowest level since November 2023 and the fourth consecutive monthly decline for the widely followed index. But Joanne Hsu, head of research, said consumer sentiment had been “effectively unchanged” over the past three months and this month’s month-on-month decline was “statistically insignificant.” “Consumer sentiment has risen 33% from its…

This article was republished from Sequencer and lightly edited for Slate. This is part of Slate’s 2024 Olympics coverage. Read more here. The Olympics are just around the corner. Like any other sports fan, I am engrossed in the excitement of athletes trying to break new world records. Perhaps there is no better place to witness new heights in sports than the Olympic Games. The Olympic motto is “Faster, Higher, Stronger” – surpassing traditional limits. But in the age of climate change, we should add another solemn adjective to this motto: “it’s getting warmer.” Of course, this is more realistic…

14 minutes agoFord suffers worst week since March 2020Ford shares were up slightly in morning trading and are on track for their worst weekly performance in four years.The stock has fallen about 20% this week, and if it closes at that level on Friday it will be its worst performance since the week ended March 20, when shares plunged more than 22%.See the chart…Ford’s moves this week1 hour agoMore than 40% of the S&P 500 have reported profits this season.Most of the companies that have reported earnings so far this season have beaten Wall Street expectations.As of Friday morning, more…

It’s too early to summarise President Biden’s accomplishments — he has six months left in office, and a lot can happen in these volatile times — but with what we know will be a one-term presidency, it seems worth looking back and asking what will go down in history.To me, the defining feature of Biden’s presidency is a major shift from decades of economic policy, in which the federal government has refrained from making transformative long-term investments in the American economy for almost half a century. (Even the massive pandemic relief payments were for consumption, not investment.)In fact, the defining…

Disclosure: Our goal is to introduce you to products and services we think you’ll find interesting and useful. If you purchase them, Entrepreneur may receive a share of the sale revenue from our commerce partners. Managing travel expenses is a key part of running a cost-effective business. If you travel frequently for work, it’s useful to have additional support tools that can help you cut costs and streamline the time you spend searching for flight deals.Matt’s Flights Premium Plan offers a unique and affordable solution that significantly reduces travel costs while still providing personalized service. This lifetime subscription is currently…

Hoka and Ugg sales soar, Deckers stock soars 17 minutes ago Shares of Deckers Brands (DECK) soared on Friday, a day after the company reported earnings and reported sales growth of 30% and 14%, respectively, for its popular Hoka and Ugg brands compared to the same period last year. G. Fiume/Getty Images Deckers reported first-quarter fiscal 2025 revenue of $825.3 million, up more than 22% from $675.8 million in the same period last year and beating analyst expectations, according to estimates compiled by Visible Alpha. The company earned net income of $115.63 million, more than double the $55.25 million it…

Downward angle icon Downward angle icon. Meta CEO Mark Zuckerberg (left) and Google CEO Sundar Pichai (right) have both cited AI investments as the reason for layoffs at their companies. Johannes Simon via Getty Images; Boris Streubel via Getty Images Even if some workers are directly displaced by AI, others may be displaced by AI. Some companies are laying off employees to make way for big AI investments. But these investments are also expected to create AI-related jobs. Even if the AI ​​doesn’t replace you, it may be held liable if you are fired.According to data from online tracker Layoffs.fyi,…

WASHINGTON (AP) — As she inches closer to winning the Democratic presidential nomination, a key question is emerging for Vice President Kamala Harris: whether she can translate the Biden-Harris administration’s economic record to political advantage in a way that President Joe Biden couldn’t. In some ways, her task seems easy: Her administration has overseen a strong recovery from the pandemic recession, lowering the U.S. unemployment rate to a half-century low of 3.4% in early 2023, well below the harrowing 6.4% it was at when Biden and Harris took office in 2021. The unemployment rate has remained below 4% for more…