Business
Prosecutions scarce in Beazer mortgage scandal
June 3, 2013
(The Charlotte Observer)
Prosecutions in the home-mortgage scandal spearheaded by Atlanta-based Beazer Homes that enveloped Charlotte have been scarce, and federal criminal charges against a Charlotte office manager illustrate how top officials have skirted justice system.
State seeks to increase boutique liquor sales
June 3, 2013
(StarNews, Wilmington)
The state is rolling out a program that will make it easier for customers to purchase boutique liquor at their local ABC stores.
Small businesses hesitant to borrow
June 3, 2013
(The Charlotte Observer)
Small businesses in cities like Charlotte are borrowing money less often as they continue to worry about rising health-care costs and a still-shaky economic recovery.
Bank of North Carolina acquiring Randolph Bank & Trust
June 3, 2013
(The Charlotte Observer)
High Point-based Bank of North Carolina will purchase Randolph Bank & Trust for more than $10 million, adding six branches.
West Asheville building set for restoration
June 3, 2013
(Asheville Citizen-Times)
A West Asheville building built during the 1920s is being restored by developers who want to convert it into space for two businesses and apartments. That part of town is increasingly seeing more development.
Charlotte business schools adding more specialized business degrees
June 3, 2013
(The Charlotte Observer)
Universities with business schools in Charlotte such as Northeastern University and UNC Charlotte are offering more specialized master's degrees to meet local demands. MBAs remain the most popular programs though.
Eastern Region partnership faces dissolution
June 3, 2013
(The Daily Reflector, Greenville)
As the Eastern Region economic-development partnership faces losing its state funding, its director is fighting back by pointing out how the group has aided businesses in recent years.
Multigenerational houses rise in Charlotte
June 3, 2013
(The Charlotte Observer)
Large homebuilders are increasingly constructing multigenerational houses in Charlotte, and the homes include more than just an extra bedroom.
Grant aims to spur development of west Charlotte corridor
June 3, 2013
(The Charlotte Observer)
A multi-million dollar grant from the Wells Fargo Foundation to Charlotte nonprofits is devoting a large chunk to redevelopment efforts along West Boulevard.
Senate proposal would cap sales tax refunds for nonprofits
May 31, 2013
(The Charlotte Observer)
A state Senate proposal would cap the amount North Carolina nonprofits -- including hospitals -- can receive as a sales tax refund from the state at $100,000 starting in 2016. It would affect about 250 of the state's 9,500 nonprofits but result in significantly more revenue for the state.
