Charlotte
Foxx sails through hearing in Senate committee
May 23, 2013
(The Charlotte Observer)
Charlotte Mayor Anthony Foxx faced a receptive audience and easy questions in an appearance before the U.S. Senate’s Commerce, Science and Transportation Committee as he seeks confirmation as the next secretary of the federal Department of Transportation.
Mooresville lawmaker airs fight with N.C. House speaker
May 23, 2013
(The Charlotte Observer)
State Rep. Bill Brawley, a Republican from Mooresville, took public a list of grievances with N.C. House Speaker Thom Tillis and resigned as co-chairman of the powerful House Finance Committee.
Foxx confirmation hearings to begin Wednesday
May 22, 2013
(The Charlotte Observer)
The Senate’s Commerce, Science and Transportation Committee will question Charlotte Mayor Anthony Foxx on Wednesday as part of his bid to become the next chief of the federal Department of Transportation.
Charlotte
Charlotte's mayor pro tem expected to run for top post
May 21, 2013
(The Charlotte Observer)
Charlotte Mayor Pro Tem Patrick Cannon, a Democrat, is expected to announce Tuesday that he will run for mayor in a bid to replace Anthony Foxx, who President Obama has nominated to be transportation secretary.
Gaston toll road receives another blow in Raleigh
May 13, 2013
(The Gaston Gazette)
After an unexpected victory last week, the Garden Parkway -- a proposed toll road in Gaston County -- received a blow this week after it was removed from a transportation bill in the state House.
Mecklenburg commissioners fire county manager
May 8, 2013
(The Charlotte Observer)
Mecklenburg County commissioners fired manager Harry Jones after months of rising tension. Jones was scrutinized for a botched property revaluation and problems within the social services department.
Appointments create leadership opportunities in Charlotte
May 6, 2013
(The Charlotte Observer)
President Obama's appointments of Charlotte Mayor Anthony Foxx and U.S. Democratic Rep. Mel Watt to national posts leaves a leadership vacuum in the state's largest city -- and a rare opportunity for politicians to take more prominent roles.
Lowe's CEO: Company will give employees more hours, increase inventory
May 23, 2013
(The Charlotte Observer)
Robert Niblock, CEO of Mooresville-based Lowe's, said the home-improvement store chain will add more employee hours and increase inventory of high-selling items after cutting back too much during the recession. The retailer reported lower sales during the first quarter even though its profit rose.
JPMorgan Chase grows Charlotte presence
May 23, 2013
(The Charlotte Observer)
New York-based banking giant JPMorgan Chase has grown its presence in Charlotte during the past year, though it's still small -- just 14 bankers. The Charlotte office is catering to companies that make $20 million to $500 million in annual revenue.
State sues Duke Energy for coal contamination of water
May 22, 2013
(The Charlotte Observer)
The state is suing Charlotte-based Duke Energy for polluting Mountain Island Lake with coal ash, the first time North Carolina has taken action against a utility for its handling of the substance. The lake is a main drinking supply for Charlotte.
Charlotte Speedway owner threatens to move fall race
May 22, 2013
(The Charlotte Observer)
Charlotte Motor Speedway owner Bruton Smith threatened to move its fall race from the track, criticizing Cabarrus County officials for raising its taxes. The speedway is in the midst of appealing its property valuation.
N.C. mortgage relief reaches $410M
May 22, 2013
(The Charlotte Observer)
North Carolina mortgage relief under last year's landmark settlement with the nation's largest banks has reached $410 million for more than 9,000 homeowners. Charlotte-based Bank of America has said previously in securities filings that it has "substantially" fulfilled its obligations.
Charlotte Bobcats make name change official
May 22, 2013
(The Charlotte Observer)
The Charlotte Bobcats' owner Michael Jordan announced the team has officially asked the NBA permission to revert back to its roots with a name change to the Hornets for the 2014-15 season.
FNB United gets OK to merge its two banks
May 22, 2013
(The Charlotte Observer)
FNB United Corp. got permission to merge its two banks, CommunityOne and Bank of Granite. The Bank of Granite locations will reopen as CommunityOne on June 10.
Charlotte Bobcats expected to announce name change
May 21, 2013
(The Charlotte Observer)
The Charlotte Bobcats are expected to announce Tuesday that they will request the NBA allow it to change the franchise's name to the Hornets, the team's name before it moved to New Orleans.
Duke's rate hike will stay in place as review continues
May 21, 2013
(The Charlotte Observer)
The N.C. Utilities Commission will allow Duke Energy to keep its 2012 rate hike in place as it reviews if the increase was properly permitted. The state Supreme Court ordered the review.
Large development planned for Cramerton
May 21, 2013
(The Gaston Gazette)
A mixed-use development in Cramerton that is expected to include houses, condos, apartments, office and commercial space is expected to break ground this summer after more than two years of planning. The community will center around green and sustainable living.
Swisher Hygiene faces Nasdaq delisting
May 21, 2013
(The Charlotte Observer)
Charlotte-based Swisher Hygiene is behind in filing its quarterly financial statements and is risking being delisted by the Nasdaq and Toronto Stock Exchange.
Rail yard at Charlotte airport seen as economic boon
May 20, 2013
(The Charlotte Observer)
An intermodal rail yard at Charlotte's airport that will be operated by Norfolk Southern is seen as a potential economic boon as officials hope for increased cargo at East Coast ports from a widened Panama Canal. But estimates on economic impact vary widely.
Another lawmaker opposes I-77 tolls
May 20, 2013
(The Charlotte Observer)
Larry Pittman, a Republican state representative from Cabarrus County, has joined several other lawmakers from the Charlotte region in opposing a proposed toll lane on Interstate 77 between Charlotte and Lake Norman.
