Charlotte
Atlanta developer plans downtown Charlotte office tower
May 17, 2013
(The Charlotte Observer)
Atlanta developer Portman Holdings plans to build a 350,000-square-foot office tower in downtown Charlotte. It would be the first office building completed downtown since 2010.
Charlotte partnership prepares for slash to funding
May 17, 2013
(The Charlotte Observer)
The Charlotte Regional Partnership could lose 16% of its budget -- or $500,000 -- as part of a proposed state Senate bill that strips regional economic-development groups of their state money.
Labor Department investigating Carolina HealthCare's oversight
May 17, 2013
(The Charlotte Observer)
The Department of Labor is looking into Carolinas HealthCare System, asking Mecklenburg County commissioners what oversight they have of the hospital system as part of an inquiry into if it should comply with a federal benefits law that regulates private companies.
NASCAR festivities a boon for Cabarrus County
May 16, 2013
(The Independent Tribune, Concord)
In the coming week and a half, Cabarrus County will host an all-star race and the Coca-Cola 600, as well as minor league races, attracting hundreds of thousands of people and pumping at least $250 million into the regional economy, according to estimates.
Duke Energy's Catawba Nuclear plant leaks contaminant
May 16, 2013
(The Charlotte Observer)
Duke Energy's Catwaba Nuclear Station has leaked more than 100 million gallons of tritium, a radioactive isotope of hydrogen, though officials say the leak is contained within the plant and does not pose a public health risk.
CaroMont Health turns to telemedicine to diagnose strokes
May 16, 2013
(The Gaston Gazette)
CaroMont Health in Gastonia has started using telemedicine -- doctors who help with diagnoses across television screens and electronic media -- to help treat its patients.
Charlotte officials consider smaller tax hike to pay for capital projects
May 16, 2013
(The Charlotte Observer)
Charlotte City Council members are weighing a slightly lower property tax increase to help pay for more than $800 million of capital improvements such as roads and sidewalks.
Charlotte says light rail promotes 'smart growth'
May 15, 2013
(The Charlotte Observer)
City leaders say Charlotte's South End neighborhood -- just outside of downtown -- shows how investment in transportation projects spur private development.
Harrisburg to get 300-home development
May 15, 2013
(The Independent Tribune, Concord)
Harrisburg council members approved a 297-home development in the city. The project, development by Charlotte-based M/I Homes initially called for 322 homes.
Tree.com reports loss but says core business strengthening
May 15, 2013
(The Charlotte Observer)
Charlotte-based Tree.com reported a quarterly loss of $2.7 million but told analysts that its lead-origination business is seeing signs of increasing demand.
Charlotte investment bank close to sale
May 14, 2013
(The Charlotte Observer)
Charlotte investment bank McColl Partners, founded by former Bank of America CEO Hugh McColl, is in talks with professional-services firm Deloitte about a possible sale that could be finalized as soon as this week.
Charlotte streetcar extension may pass after manager's new proposal
May 14, 2013
(The Charlotte Observer)
Charlotte's new city manager wants to finance a $126 million streetcar extension with surplus funds and federal dollars, a proposal that could finally garner the controversial project enough votes to pass. City Council members were wary of increasing property taxes to finance it.
AT&T adding jobs in North Carolina
May 14, 2013
(The Charlotte Observer)
Dallas-based AT&T is filling 400 positions -- about 250 new ones -- in North Carolina as it expands its U-verse service that provides digital television, high-speed Internet and digital home phone.
Charlotte medical practice reports data breach
May 14, 2013
(The Charlotte Observer)
Presbyterian Anesthesia Associates in Charlotte reported its website was hacked into, and personal information, including credit card numbers, were vulnerable.
Park Sterling bank seeks to grow again
May 13, 2013
(The Charlotte Observer)
Charlotte-based Park Sterling bank is once again looking for strategic acquisitions to help it grow after closing its purchase of Gastonia-based Citizens South Banking last year.
Charlotte manager seeks to rebrand streetcar
May 13, 2013
(The Charlotte Observer)
Charlotte's new city manager wants to help revive a plan for a 2.5-mile streetcar extension by rebranding it and seeking options to finance it that don't include raising property taxes.
Carolinas HealthCare, Aetna deal puts focus on quality of care
May 13, 2013
(The Charlotte Observer)
A recent deal between insurer Aetna and Charlotte-based Carolinas HealthCare System rewards the health system for improving the quality of care patients, particularly those with chronic illnesses, receive. It comes as insurers are pushing back against the traditional fee-for-service model.
Advisory firm recommends shareholders vote against JPMorgan director from Charlotte
May 10, 2013
(The Charlotte Observer)
A shareholder advisory firm is recommending shareholders vote against re-electing Charlotte businesswoman Crandall Bowles to JPMorgan Chase & Co.'s board of directors. Bowles is a member of the bank's audit committee, which has been criticized for failing to prevent last year's $6 billion trading loss.
Food Lion, Lowe's Foods protest Affordable Care Act provisions
May 10, 2013
(The Charlotte Observer)
Retailers Food Lion and Lowe's Foods have signed their names to a letter protesting a provision of the Affordable Care Act that requires companies with more than 200 employees to automatically enroll workers in health-care plans unless they automatically opt out.
Uwharrie Capital reports lower profit
May 10, 2013
(The Charlotte Observer)
Albemarle-based Uwharrie Capital reported that net income fell 7% in the first quarter compared to the year before.
