Charlotte
Information technology company locating to Kannapolis research campus
June 13, 2013
(The Salisbury Post)
Winston-Salem-based information technology company DataChambers will build a 50,000-square-foot data center by the North Carolina Research Campus in Kannapolis.
Fewer Charlotte homes underwater
June 13, 2013
(The Charlotte Observer)
Fewer Charlotte homes -- 13% -- were underwater during the first quarter, an improvement from 17.6% during the fourth quarter, according to Irvine, Calif.-based CoreLogic. Underwater means homeowners owe more on their mortgage than a house is worth.
Carolinas HealthCare CEO says legislative proposals could hurt bottom line
June 12, 2013
(The Charlotte Observer)
The CEO of Carolinas HealthCare System, the largest hospital operator in the Charlotte region, said several legislative proposals, including one that could force hospitals to pay certain sales taxes, could "disrupt the delicate balance that exists between mission and margin.”
UNC Charlotte names football stadium after Richardson after $10M gift
June 12, 2013
(The Charlotte Observer)
UNC Charlotte will name its new 15,000-seat football stadium Jerry Richardson Stadium, after the Carolina Panthers' owner gave a $10 million donation for the naming rights. The school will debut in football this fall.
Posh Charlotte neighborhood ripe for denser, taller projects
June 12, 2013
(The Charlotte Observer)
The affluent South Park neighborhood will likely see denser development and taller buildings in the future, according to a panel that discussed the future of the area, which is particularly known for its posh mall of the same name. South Park also is becoming a hub for finance companies.
Charlotte exec gets promotion from accounting giant
June 12, 2013
(The Charlotte Observer)
Chicago-based accounting giant Grant Thornton LLP named Charlotte executive Mike McGuire its national managing partner of operations --equivalent to chief operating officer. He will oversee operations for the company's 56 U.S. offices, but he will remain based in Charlotte.
Duke Energy faces another lawsuit over water pollution
June 12, 2013
(The Charlotte Observer)
The Southern Environmental Law Center has filed a suit against Charlotte-based Duke Energy on behalf of the Catawba Riverkeepers, claiming it has polluted Mountain Island Lake, a key water source for Charlotte. The state has already filed a similar suit against the company.
Lawsuit may loom in Charlotte airport fight
June 11, 2013
(The Charlotte Observer)
Charlotte City Council members unanimously voted to "vigorously oppose" an effort to transfer Charlotte's airport from city control to an independent authority, signaling that a lawsuit may be on the horizon ast the General Assembly moves forward with plans for the move.
Charlotte road projects pile up
June 11, 2013
(The Charlotte Observer)
Several highway projects worth hundreds of millions of dollars are expected to be completed in the Charlotte region during the next two years, widening many of its most-congested arteries.
Deloitte purchasing Charlotte-based McColl Partners
June 11, 2013
(The Charlotte Observer)
A subsidiary of professional-services firm Deloitte will acquire Charlotte-based McColl Partners, the advisory firm founded by former Bank of America CEO Hugh McColl, for an undisclosed amount. McColl will stay on as an adviser.
Charlotte congressman looks to roll back part of financial reform
June 11, 2013
(The Charlotte Observer)
Freshman U.S. Rep. Robert Pittenger, a Charlotte Republican, plans to file a bill this week that would repeal a provision of the Dodd-Frank financial reform law that requires banks to collect demographic data about applicants for small-business loans.
N.C. CEOs earned less in 2012
June 10, 2013
(The Charlotte Observer)
The median pay of CEOs at public companies based in North Carolina fell 8.6% to $3.6 million last year as businesses favored awarding the leaders more with long-term compensation such as stock options tied to performance.
N.C. joins growing list in looking to tax hybrids
June 10, 2013
(The Charlotte Observer)
A legislative proposal to tax hybrid- and electric-vehicle owners puts North Carolina among a growing list of states looking to replace revenue lost from gas taxes as people buy more fuel-efficient vehicles.
Matthews man takes TCBY in new direction
June 10, 2013
(The Charlotte Observer)
Samuel Batt of Matthews opened yogurt shop TCBY's first serve-yourself store in 2010 and has since become its largest franchise owner in the country.
Unemployment rate rises slightly
June 7, 2013
(The Charlotte Observer)
The U.S. economy added 175,000 jobs in May, but the unemployment rate rose from 7.5% to 7.6%.
Wells picks Charlotte for ag hub
June 7, 2013
(The Charlotte Observer)
San Francisco-based Wells Fargo & Co. announced Thursday that Charlotte will be the base of its East Coast food and agribusiness lending.
Ga. DOT considers high-speed rail from Atlanta to Charlotte
June 6, 2013
(The Star, Shelby)
Georgia Department of Transportation officials are weighing building a high-speed rail ine from Atlanta to Charlotte along Interstate 85 and are seeking input on six possible routes.
Charlotte manager: Airport bill would bring 'chaos'
June 6, 2013
(The Charlotte Observer)
Charlotte's City Manager Ron Carlee said a House version of a bill to transfer control of Charlotte's airport from the city to an independent authority would create "chaos," citing the elimination of a transition period and still-unknown factors such as what would happen to bonds and construction contracts.
Wingate moving satellite campus to Ballantyne
June 6, 2013
(The Charlotte Observer)
Wingate University will relocate its satellite campus from Matthews to the south Charlotte neighborhood Ballantyne's corporate park. The move will bring about 600 students and all of Wingate's graduate faculty to the new campus by late August.
SunTrust wants more bank branches in Charlotte
June 6, 2013
(The Charlotte Observer)
Atlanta-based SunTrust Bank wants to ramp up its presence in the Charlotte region, possibly adding more branches in the Lake Normal area in particular. The bank has 19 branches in Mecklenburg County.
