Charlotte
Legislature's policies target cities
April 1, 2013
(The Charlotte Observer)
Several GOP-led measures in the state legislature this year have sought to strip power from cities, reflecting the party's belief that municipalities are overreaching their power. It also shows how the Democratic core of urban areas have fallen after Democrats lost power in 2010.
Home sales off to a quick spring start in Charlotte
April 1, 2013
(The Charlotte Observer)
Evidence suggests an improved spring-selling season for Charlotte homes as multiple offers are becoming more common as inventory drops. But homes are still selling for relatively low prices.
BofA chief's pay rose 70% in 2012
March 29, 2013
(The Charlotte Observer)
Charlotte-based Bank of America increased the compensation of its CEO Brian Moynihan 70% to $12 million in 2012, rewarding him for a slimmer bank that recorded better profits. The figure includes base salary, stock awards and other compensation.
Publix breaks ground on first N.C. store, quiet about Harris Teeter sale
March 29, 2013
(The Charlotte Observer)
Florida-based Publix broke ground on its first North Carolina store in south Charlotte on Thursday, but executives remained quiet about the possibility it could buy Matthews-based rival Harris Teeter.
Gastonia mill's redevelopment gets the OK
March 29, 2013
(The Gaston Gazette)
A long-awaited project to redevelop Gastonia's Loray Mill into loft apartments has received the green light to go ahead after a $20 million loan fort he project closed.
BofA mortgage complaints merited more often than peers
March 29, 2013
(The Charlotte Observer)
Charlotte-based Bank of America found merit in its customers' mortgage-related complaints 22% of the time. according to Consumer Financial Protection Bureau data. That was higher than peers such as JPMorgan Chase and Wells Fargo.
Bill takes aim at hospital pricing
March 28, 2013
(The Charlotte Observer)
A bill introduced in the state Senate would require hospitals to disclose their prices for common medical procedures. It also would ban a double-billing common in radiology.
