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German toymaker bringing North American headquarters to Charlotte

April 3, 2013

(The Charlotte Observer)

German toymaker will relocate its Schleich North America Inc.'s North American headquarters from Canada to Charlotte. It will employ more than 60 at headquarters and a distribution center.

Bill to transfer Charlotte airport to authority slows in committee

April 3, 2013

(The Charlotte Observer)

A bill that would transfer Charlotte Douglas International Airport from city control to an independent authority slowed Tuesday as a key sponsor in the state House said he would wait for a study on the issue to be completed by a consultant hired by Charlotte officials.

Novant Health profit soars in 2012

April 3, 2013

(The Charlotte Observer)

Winston-Salem-based Novant Health recorded a $274 million profit in 2012, up from just $1 million the year before. Part of the reason for the large gain was an improvement in investment income.

Harris Teeter reclaims No. 1 spot in Charlotte

April 2, 2013

(The Charlotte Observer)

Matthews-based Harris Teeter has reclaimed its spot as the top grocer in Charlotte, with 23.7% market share a year after it fell behind Walmart. A store swap with Lowes Foods last year helped it boost its standing, according to sales-tracking firm Chain Store Guide.

Statesville mall seeks a comeback

April 2, 2013

(Statesville Record & Landmark)

Signal Hill Mall in Statesville, a modern structure in the 1970s when it was built off Interstate 77, has fallen on tough times, and its developers are seeking a reboot.

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.

Cyber attacks against banks grow more complex

March 28, 2013

(The Charlotte Observer)

Cyber attacks disrupting services on the websites of large banks such as Charlotte-based Bank of America have grown more frequent and complex. Banks are taking the issue more seriously as well while assuring customers their personal information is secure.

Charlotte hopes stadium bill will keep Panthers in town

March 28, 2013

(The Charlotte Observer)

Charlotte officials hope a bill passed by the state House that lets the city use convention center money to help pay for improvements to Bank of America Stadium will be enough to keep the Carolina Panthers in the city for years to come. Legislators rejected a proposal to double the city's prepared foods and beverage tax.

BofA CEO preaches moderation

March 28, 2013

(The Charlotte Observer)

Bank of America CEO Brian Moynihan said the financial-services industry should "do all things in moderation," including lending, in an interview with Charlie Rose. He also said he could envision himself being CEO "the rest of his life."

'Sleepy Hollow' could give Salisbury bragging rights

March 28, 2013

(The Salisbury Post)

If Fox picks up Sleepy Hollow, a thriller whose TV pilot was filmed in Salisbury this month, it would give bragging rights to the city as well as exposure and possible added tourism dollars.

Logistics company expanding in Charlotte

March 27, 2013

(The Charlotte Observer)

XPO Logistics will expand its North American operations center that it opened in Charlotte last year, adding 287 jobs by the end of 2014. The Greenwich, Conn.-based logistics company already has 245 employees in the city.

Bill to aid Panthers' renovations advances in state House

March 27, 2013

(The Charlotte Observer)

A bill that would let Charlotte officials use money earmarked for the city's convention center to help renovate Bank of America Stadium passed a state House committee on Tuesday despite opposition from Republicans and Democrats.