Gov. Stein signs Part 1 of Disaster Recovery Act into law
RALEIGH, N.C. (WNCT) — North Carolina Governor Josh Stein signed the Disaster Recovery Act Part 1 into law Wednesday, Mar. 19, 2025.
'This funding is a promising step forward in the long road to recovery for Western North Carolina. I want to thank the General Assembly for working together to pass this critical aid package to help our neighbors rebuilding after Helene,' Governor Stein said. 'But, we are nowhere near done. I will keep pushing to ensure Western North Carolina is not forgotten.
The Disaster Recovery Act of 2025 Part 1 includes $524 million in total aid for Western North Carolina.
The bill provides $200 million for North Carolina farmers who have experienced crop losses due to Hurricane Helene, $120 million for a CDBG-DR Home Reconstruction and Repair program and $55 million for local government infrastructure grants to help small businesses.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Jim Cramer Says He 'Personally Would Not Own Altria (MO)'
We recently published a list of . In this article, we are going to take a look at where Altria Group, Inc. (NYSE:MO) stands against other stocks that Jim Cramer discusses. Answering a caller's query about Altria Group, Inc. (NYSE:MO), Cramer commented: 'Alright, but here's, okay, so I'm going to give you two answers to this because I've been trying to change my mind about some things…. I personally would not own Altria. Why? Because I don't like what they do. Is it a superior stock better than most? The answer is, as I was writing How to Make Money in Any Market, the answer is yes. So you've got two answers. It's up to you. I couldn't own it for my trust. I couldn't live with myself.' A close-up of an assembly line with a blend of tobacco products. Altria (NYSE:MO) produces and markets a range of tobacco and nicotine products, including cigarettes, cigars, smokeless tobacco, nicotine pouches, and e-vapor devices, sold under brands like Marlboro, Black & Mild, Copenhagen, and NJOY ACE. Andvari Associates stated the following regarding Altria Group, Inc. (NYSE:MO) in its Q1 2025 investor letter: 'Last year, Andvari made its first investments in tobacco companies with the purchase of Philip Morris International and Altria Group, Inc. (NYSE:MO). At the time of our purchase, Philip Morris and Altria had underperformed the S&P 500 over the prior 5- and 10-year periods. Both traded at low valuations and with high dividend yields. But thanks to following the industry o and on for 10+ years, and thanks to many discussions with long-time shareholders of the companies, Andvari felt the time was right to make the plunge. The timing could not have been much better for us as both companies have so far contributed positively to Andvari's recent overall performance. Overall, MO ranks 8th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Jim Cramer on Cracker Barrel (CBRL): 'This is a True Turnaround Story With a Great CEO'
We recently published a list of . In this article, we are going to take a look at where Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) stands against other stocks that Jim Cramer discusses. Cramer was bullish on Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) as he said: 'I've been following this folksy off-highway restaurant/retail chain for a little over a year, and I started pounding the table on the stock last July after speaking to CEO Julie Masino, who I think is orchestrating just one heck of a turnaround… The stock rolled over, especially after Liberation Day, at its April lows, it came all the way back down to 33 bucks. Now, I told you that was an incredible buying opportunity. I hope you took my advice because Cracker Barrel's now up 38% since I last recommended it in April, climbing back to the mid-50s even after it got hit today. So this has been a big winner for us. Close-up of items from the restaurant apparel and toys in a vibrant display. Cracker Barrel (NASDAQ:CBRL) runs restaurants that serve all-day meals and include gift shops offering home goods, seasonal items, apparel, toys, and packaged food. The company provides dine-in, pick-up, and delivery options. Overall, CBRL ranks 6th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of CBRL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Jim Cramer Says He is 'Never Going to Say a Bad Word About ServiceNow (NOW)'
We recently published a list of . In this article, we are going to take a look at where ServiceNow, Inc. (NYSE:NOW) stands against other stocks that Jim Cramer discusses. A team of software engineers at desks working on code for a cutting-edge cloud computing solution. When a caller inquired about ServiceNow, Inc. (NYSE:NOW), Cramer remarked: 'Oh, oh yeah…. I bought it for the club. I gotta tell you… over and over again, I thought about it because it's such a good company. I know its earnings are, it looks like it's expensive stock, but in the Rule of 40, it's terrific. I gotta hand it to Bill McDermott. I am never going to say a bad word about ServiceNow. If you want to buy some, I am certainly going to green light that. By the way, can I just tell you, I looked at what they're doing and I say to myself, wow, they've really figured out AI. Where'd I get that from? Jensen Huang.' ServiceNow (NYSE:NOW) provides a cloud platform that uses AI, automation, and low-code technology to support digital workflows. The company's tools are used in IT, customer service, risk, HR, legal, and other business areas. Overall, NOW ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
