Connect with us

News from the South - North Carolina News Feed

Why NC’s treasurer thinks the state pension plan could be more aggressive

Published

on

www.youtube.com – WRAL – 2025-03-24 03:49:04


SUMMARY: North Carolina’s new State Treasurer, Brad Brer, aims to make the state pension plan more aggressive to achieve higher returns, comparing the current investment strategy to driving too slowly. He suggests potentially investing in assets like Bitcoin, albeit cautiously, starting with a very small percentage despite legislative allowance for up to 10%. Brer also faces a significant deficit in the State Health Plan. His proposed solutions include seeking more funding from lawmakers and implementing a sliding scale for premium increases. He also intends to reinstate coverage for weight loss drugs, viewing them as a long-term cost-saving measure. While acknowledging the need for legislative cooperation, Brer believes his role is largely non-political.

YouTube video

North Carolina State Treasurer Brad Briner left a career in high finance to pursue one of the highest-pressure roles in state government. Briner oversees the state pension plan and the state health plan, which serve hundreds of thousands state government employees, retirees and their families. Briner recently spoke with WRAL’s Dan Haggerty about everything from investment strategies to coverage of weight-loss drugs. Haggerty offers highlights from their wide-ranging conversation.

Source

News from the South - North Carolina News Feed

Classmates remember college student hit by car, killed near NC State

Published

on

www.youtube.com – ABC11 – 2025-03-25 05:16:45


SUMMARY: Pierre Louie de Morg, a 23-year-old international business student at schema, was tragically killed by a car while riding his scooter on Gorman Street near NC State early Sunday morning. Friends fondly referred to him as “Pou.” A memorial walk is planned to honor his memory, reflecting his ambition to secure a job in the U.S. and eventually start his own company. Just three minutes after de Morg’s accident, another fatal crash occurred involving a wrong-way driver, Jonathan Perry, and Elena Matthews, raising questions about potential connections between the two incidents. The investigation is ongoing.

YouTube video

The classmates of a business school student killed during the weekend remembered him as bright, motivated, and full of life.

More: https://abc11.com/post/classmates-remember-college-student-pierre-louis-de-morgues-hit-car-killed-nc-state/16078096/
Watch: https://abc11.com/watch/live/11065013/
Like us on Facebook: https://www.facebook.com/ABC11/
X: https://twitter.com/ABC11_WTVD
TikTok: https://www.tiktok.com/@abc11_eyewitnessnews

Source

Continue Reading

News from the South - North Carolina News Feed

Two NC State Troopers are under investigation–what does that mean for their cases?

Published

on

www.youtube.com – WRAL – 2025-03-25 03:25:24


SUMMARY: Two NC State Troopers, Marquario and Sergeant Morrison, are under investigation due to concerns about their credibility stemming from a deadly crash in Raleigh. As a result, the Wake County District Attorney has dismissed nearly 200 pending cases linked to the troopers, primarily DWI offenses. Convicted individuals like one man, who alleged Trooper Marquario was untruthful during his 2021 DWI case, are exploring legal avenues to challenge their convictions. While the DA will only consent to dismiss cases post-crash, individuals may file a motion for appropriate relief to seek conviction overturns. The ongoing investigation by the SBI is expected to conclude soon.

YouTube video

Nearly 200 cases tied to two North Carolina State Highway Patrol members have been dismissed. Many cases that led to convictions have not been re-examined and some are asking why. WRAL’s Sarah Krueger explains what her investigation has revealed.

Source

Continue Reading

News from the South - North Carolina News Feed

Carolinas wildfires compounded by downed trees from Helene | North Carolina

Published

on

www.thecentersquare.com – By Alan Wooten | The Center Square – (The Center Square – ) 2025-03-24 15:46:00

(The Center Square) – Carolinas wildfires in areas where Hurricane Helene knocked down trees by the tens of thousands have complicated extinguishing efforts.

The Black Cove Fire in North Carolina’s Polk County on Monday was moving toward neighboring Henderson County. It’s one of three in the county that got only a douse of rain early in the day, with one-tenth expected overnight into Tuesday.

Chinook helicopters from the U.S. Forest Service have supplied drops to help the battle since the weekend. The fires started late last week.

According to published reports, the Deep Woods Fire has burned more than 2,500 acres and the Black Cove Fire more than 2,000 acres – each with no containment. The Fish Hook Fire, at Lake Adger, has burned 199 acres and has about 50% containment.

A power line down sparked the Black Cove Fire. Investigations are ongoing for the others.

Multiple areas have had mandatory evacuations. Six structures have been burned in Polk County just west of Charlotte.

In South Carolina’s mountains, fires are at the Table Rock State Park in Pickens County and on Persimmon Ridge in Greenville County. Table Rock is reported more than 2 square miles and Persimmon Ridge more than 1.25 square miles.

Evacuations in South Carolina are voluntary. There have been no reports of structures burned.

Helene struck the Carolinas mountains in September, coming ashore in Delke Beach, Fla., on Sept. 26 and moving north. Most of its damage was in North Carolina, where governors past and present – Roy Cooper in October, Josh Stein since taking office in January – estimated damage at $53 billion and $60 billion, respectively.

California was devastated by wildfires in January. According to the California Department of Fire and Forestry Protection, the 2025 incident report includes nearly 600 wildfires, 29 fatalities and more than 58,000 acres burned. It also says more than 16,000 structures have been destroyed.

The post Carolinas wildfires compounded by downed trees from Helene | North Carolina appeared first on www.thecentersquare.com

Continue Reading

Trending