A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.
The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.
Seven individuals, including one American and at least four Australians, were hospitalized in Fiji on Saturday after consuming piña coladas at a hotel bar that may have been spiked, according to Fiji officials.
Many famous composers wrote classic Christmas music.
In 1741, George Frideric Handel wrote his oratorio Messiah.
In 1734, Johann Sebastian Bach wrote his Christmas Oratorio.
Twenty years after composer Bach died, Ludwig van Beethoven was born in Bonn, Germany, and...
The U.S. government has agreed to pay nearly $116 million to settle lawsuits brought by over 100 women who suffered sexual abuse and mistreatment at the now-closed Federal Correctional Institution (FCI) in Dublin, California.
House Foreign Affairs Committee Chair Michael McCaul, R-Texas, warned Tuesday that some of the unidentified aircraft spotted over the East Coast are likely Chinese "spy drones." McCaul’s comments came before a classified briefing on drone activity, raising national security concerns.
