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When asked why, a Trump campaign official put it bluntly. “If there’s one state that could bite you in the a--, it’s North Carolina,” the official said. Yet he’s made a plan of returning to North Carolina each day until the election. While Harris campaign aides on social media chided Trump for holding a defensive posture in a state that hasn’t gone blue since 2008, the Trump campaign cast the repeated visits to North Carolina as an aggressive, cover-all-the-bases strategy. “North Carolina, I’m here to ask for your vote.

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☆ FlyExclusive to Go Public Through $600 Million SPAC Merger
▼ + stars: | 2022-10-17 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

On-demand private-jet provider flyExclusive has struck a deal to go public through a merger with a special-purpose acquisition company that would value the combined entity at $600 million. The Kinston, N.C., business is set to merge with EG Acquisition a SPAC led by Gregg Hymowitz, chairman and chief executive of investment firm EnTrust Global, executives with the companies said. The SPAC, which is also backed by Gary Fegel’s private-investment platform GMF Capital, raised $225 million through an initial public offering in late May of 2021.

☆ A private jet company has hired 100 pilots and 150 mechanics this year despite a labor shortage, but its CEO says he has to pay them up to 30% more than before the pandemic
▼ + stars: | 2022-10-17 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A private jet firm has hired 100 pilots and 150 technicians this year, despite a labor shortage. However, its CEO told Insider he now has to pay them 20-30% more than he did pre-pandemic. Market competition is driving labor costs up, flyExclusive's CEO Jim Segrave told Insider. "We've hired 150 technicians in just the last four months, and we've hired 100 pilots in 2022 already," Segrave told Insider in a phone interview. "We can hire all the pilots we want to hire, but then we got to train those pilots," Segrave told Insider.

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