Business
Charlotte will be home to ESPN's Southeastern Conference Network
May 3, 2013
(The Charlotte Observer)
Charlotte will be the home of the SEC Network, set to launch in August 2014. The channel will feature 1,000 live events from the Southeastern Conference annually.
Duke's Rogers defends rake hikes, clean energy at annual meeting
May 3, 2013
(The Charlotte Observer)
Duke Energy CEO Jim Rogers, in his last annual meeting leading the nation's largest utility, defended the state's clean-energy mandate as well as the company's recent rate hike, which the state Supreme Court kicked back to the N.C. Utilities Committee.
Charlotte airport director not disciplined despite comments
May 3, 2013
(The Charlotte Observer)
Charlotte airport director Jerry Orr reiterated his support Thursday for an independent authority to govern the airport and said he hasn't been disciplined by his publicly elected bosses for his comments. Charlotte City Council members oppose the transfer of the airport from city control.
Harris Teeter sales, profit rise, but no word on sale
May 3, 2013
(The Charlotte Observer)
Matthews-based grocer Harris Teeter reported second-quarter sales rose 4.3% and profits were up 8% but didn't reveal any information about a possible sale. The company retained J.P. Morgan earlier this year to explore the possibility.
Building permits rise in Cabarrus County
May 3, 2013
(The Independent Tribune, Concord)
Single-family home permits rose to their highest levels since 2008 in Cabarrus County in April, reflecting a rebounding market. The numbers still fall short of their pre-recession highs.
Obama nominates Charlotte representative to head FHFA
May 2, 2013
(The Charlotte Observer)
President Obama nominated U.S. Rep. Mel Watt, a Democrat serving Charlotte for 20 years, to lead the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac. Watt is a longtime member of the House Financial Services Committee, though his confirmation by the Senate is not assured.
Film productions eligible for $70M in incentives for 2012
May 2, 2013
(StarNews, Wilmington)
Film productions in North Carolina were eligible for nearly $70 million in incentives after spending $275 million in the state during 2012, according to a Department of Revenue report. So far, about $51 million of the credits have been claimed.
UNC Health Care adds Lenoir hospital to system
May 2, 2013
(The News & Observer, Raleigh)
UNC Health Care will purchase Caldwell Memorial Hospital in Lenoir, investing $35 million in capital improvements over the next five years, though the hospital will remain a private, not-for-profit. UNC has added several hospitals to its system within the past year.
Bill to transfer Asheville water system goes to McCrory
May 2, 2013
(Asheville Citizen-Times)
A bill that would transfer control of Asheville's water system from city control to a regional water and sewer authority was approved by the state House and will now go to Gov. Pat McCrory for his signature.
U.S. Airways seeks influence at Charlotte airport as lease nears expiration
May 2, 2013
(The Charlotte Observer)
U.S. Airways, the largest carrier at Charlotte Douglas International Airport, wants a seat at the table to help pick the airport's next director, an individual who will be in charge of renegotiating a master lease that expires in 2016.
