Meta Expands Montgomery Data Center Investment to $1.5 Billion
Meta is expanding its Montgomery Data Center, raising its total investment in Alabama’s capital region to more than $1.5 billion. Once complete, the campus will span over 1.3 million square feet, support more than 100 operational jobs, and employ 1,500 workers at peak...
North Carolina Awards $4.1M in Innovation Grants to 90 Small Businesses
The North Carolina Board of Science, Technology & Innovation has awarded $4.12 million in grants to 90 small businesses through the One North Carolina Small Business Program. The funding supports companies across 21 counties that are developing innovations in...
San Diego City Council Votes to Raise Wages of Some Hospitality Workers to $25
San Diego City Council unanimously approved a plan to raise the minimum wage for certain hospitality workers to $25 an hour by 2030, with incremental increases starting in 2026. The phased approach will benefit hotels with at least 150 guest rooms, event center, and...
Texas Sees Nearly 500 Jobs Cut in Latest Manufacturing Layoffs
Texas continues to face a wave of mass layoffs, with nearly 500 jobs lost across Texas in September. Condair Group will close its Center plant, cutting 51 positions, while Houston sees 92 jobs eliminated at Essendant’s fulfillment center and 355 positions cut at...
August Sees Strong Gains in Small Business Earnings
Small businesses are showing signs of resilience as earnings climb in August. Biz2Credit’s latest Small Business Earnings Report shows average monthly earnings rose nearly 10% in August to $101,800, the first time above $100,000 since September 2024. The gains reflect...
Ring Container Technologies Invests in a $77M in Whitestown, Indiana Plant
Plastic Manufacturer Ring Container Technologies will invest $77 million to open a new manufacturing plant in Whitestown, Indiana’s Park 130 Business Park, set to launch in mid-2026. The project is expected to create 56 job and diversify Boone County’s economy, which...
Riverstone Logistics Relocates HQ to Rock Hill, SC with $16.4M Investment
Riverstone Logistics will relocate its headquarters from Charlotte to Rock Hill, South Carolina, investing $16.4 million to establish its first state operation in York County. The move will create 159 new jobs and position the company to expand its final-mile delivery...
Oregon Job Cuts Near Great Recession Levels
Oregon is facing a surge in job losses. Oregon employers have reported more than 11,000 layoffs since early 2024, averaging over 600 job cuts a month this year. That pace mirrors the mass layoffs seen during the Great Recession, though the current unemployment rate...
Senate Democrats Push Bill to Ease Tariff Burden on Small Businesses
Sen. Kirsten Gillibrand and a group of Senate Democrats have introduced the Small Business RELIEF Act, legislation that would refund tariff costs already paid by small firms and exempt them from future tariffs. Supporters argue the measure is needed as small...
Labor Uncertainty and Housing Costs and Squeeze Consumers, Threatening U.S. Economy
The U.S. economy faces twin pressures as the labor market weakens and the housing crunch intensifies, raising fears of a stalled growth. Unemployment has climbed to its highest level since 2021, while mortgage payments remain nearly double pre-pandemic levels,...