Mar 28, 2024 - News

The Tea: Another incentives agreement canceled

Illustration of a wolf, ram, and bull sitting at a table, having a tea party.

Illustration: Allie Carl/Axios

❌ BioAgilytix Labs pulled out of an incentives agreement with the state that would have seen the company get $19 million if it created more than 800 jobs in Durham — the latest in a number of grant terminations. (WRAL)

  • BioAgilytix employs more than 500 people in Durham.

🍳 Biscuitville's outsider CEO is trying to reinvigorate the family-run North Carolina company. (The Assembly 🔒)

  • Greensboro-based Biscuitville has 80 stores, with five more expected to open this year.

🏙️ Raleigh City Council is debating how to spend $1.3 million in funds to improve its downtown. (CBS17)

📲 North Carolinians bet $198 million and won $142 million during the state's first week of legalized online sports betting. (Charlotte Business Journal 🔒)

🏫 Meredith College named Aimee Sapp, the provost at Williams Woods University in Missouri, as its next president. (Triangle Business Journal 🔒)

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