In one of the few things Republicans and Democrats can agree on in North Carolina, the state is adding to its lagging bets on private equity and real estate to pump up its $80 billion public-worker pension fund.
Amado Kafando tilted his head back, smiled and pumped his fists into the west African sky. “We praised God, and said, ‘At last!’” said Kafando, 45, standing amid the mud huts where he lives with 11 children and no electricity.
When a Beijing organization with close ties to China’s government offered Stanford University $4 million to host a Confucius Institute on Chinese language and culture and endow a professorship, it attached one caveat: The professor couldn’t discuss delicate issues like Tibet.
President Barack Obama again pressed Congress to act on his plan for boosting hiring, telling an audience in North Carolina the legislation would help small businesses expand and help young people and veterans find jobs.