Business

Decker joins UNCC board of trustees

April 14, 2015

(The Charlotte Observer)

Former Duke Energy executive and state Commerce Secretary Sharon Decker will join UNC Charlotte's board of trustees July 1. Decker also serves on the boards of Matthews-based Family Dollar Stores and Charlotte-based Coca-Cola Bottling Co. Consolidated.

Citizens group seeks to halt Chatham Park construction

April 14, 2015

(WRAL.com)

Pittsboro Matters filed a motion Friday asking a judge to grant an injunction to stop construction of a road project in Chatham Park, the massive proposed development that is expected to increase the town's population from 3,000 to more than 60,000 people.

Advanced-manufacturing school opens in Burnsville

April 14, 2015

(Asheville Citizen-Times)

State and local officials celebrated the opening of Mayland Community College's Yancey Learning Center, a $2.4 million advanced-manufacturing school that has already enrolled 35 students. Charlotte-based Duke Energy Foundation donated $250,000 for the school to buy a 3-D metal printer.

Charlotte City Council approves new seating for coliseum

April 14, 2015

(The Charlotte Observer)

The Charlotte City Coucil approved spending $975,000 to replace existing seats at Bojangles' Coliseum with larger ones. The upgrade is part of a $16 million, two-year renovation plan. The Charlotte Checkers hockey team will move their games from Time Warner Cable Arena to the coliseum in 2017.

New chancellor chosen for UNC Wilmington

April 13, 2015

(Greater Wilmington Business Journal)

The UNC Board of Governors named Jose "Zito" Sartarelli chancellor of UNC Wimington. A native of Brazil, Sartarelli spent 30 years working in the pharmaceutical industry and has been dean of West Virginia University's business school since 2010.

Duke Energy increased contributions to Republican Governors Association

April 13, 2015

(The Charlotte Observer)

Duke Energy donated $3.05 million to the Republican Governors Association in 2014 – more than 10 times the utility's previous highest annual contribution to the group, which backed Gov. Pat McCrory's 2012 campaign.

Chatham, Lee counties hold hearings on coal-ash storage plans

April 13, 2015

(The News & Observer, Raleigh)

Two public hearings this week will allow residents of Lee and Chatham counties to speak out about Duke Energy's proposal to store up to 20 million tons of coal ash in local landfills.

High Point looks to energize downtown

April 13, 2015

(Winston-Salem Journal)

Some High Point leaders want to develop a downtown revitalization plan that would attract people year-round. An estimated 75,000 furniture-industry professionals are expected to attend the biannual High Point Market this week.
Related: Vegas market scare fades from roar to whisper, High Point Enterprise

Carteret County's oldest restaurant is for sale

April 13, 2015

(Cateret County News-Times)

The owners of Capt. Bill's Restaurant have decided not to open for the summer season and have listed the business, which first opened in 1938, for sale. John and Diane Poag have owned the waterfront restaurant since 1982 and are retiring.

Yadkin Financial raises executive pay

April 13, 2015

(Winston-Salem Journal)

Joseph Towell, executive chairman and former CEO of Yadkin Financial, received a 17% salary increase in 2014 and earned $874,688 in total compensation. Scott Custer, who became CEO following the bank's July merger with Raleigh-based VantageSouth Bancshares, received $666,865 in total compensation.