Charlotte

Family Dollar to close 370 stores amid falling sales, profits

April 11, 2014

(The Charlotte Observer)

Matthews-based Family Dollar Stores will close 370 stores, about 5% of its 8,100, after sales and profits fell in its second quarter. The discount retailer reported profits for the quarter ending March 1 were $91 million, down 35% compared with the same quarter a year ago, while sales fell 6% to $2.7 billion.

Charlotte Knights hold first game at new uptown ballpark tonight

April 11, 2014

(The Charlotte Observer)

The Charlotte Knights will hold their home opener at the new, 10,200-seat BB&T Ballpark in uptown Charlotte tonight. A festival begins at noon in adjacent Romare Bearden Park with a team introduction, autograph session, music and more.

Charlotte law firm starts group for alcohol industry

April 11, 2014

(The Charlotte Observer)

Horack Talley law firm has created a new group to help those in the beer, wine and spirits industry with permits, licensing, real estate and other concerns. The group will assist alcohol-makers navigate rules and regulations from the local to the federal level.  

US Chamber of Commerce to support Tillis in Senate race

April 11, 2014

(The News & Record, Greensboro)

The U.S. Chamber of Commerce will endorse N.C. House Speaker Thom Tillis in the Republican primary for the U.S. Senate seat currently held by Dem. Sen. Kay Hagan. The group joins anti-abortion group National Right to LIfe, which said earlier this week it is also backing Tillis.

Bank of America to pay $783 million in settlement over credit card add-ons

April 10, 2014

(The Charlotte Observer)

Bank of America will pay $738 million to credit-card customers who were misled about credit protection and identity-theft protection programs and $45 million in penalties in a settlement with the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency.

Related: The Charlotte-based bank will cut 3,000 overseas jobs that provided back-office services, customer support and information-technology services. Some of the work may move to offices in Charlotte.

Small group of doctors get large share of Medicare payments

April 10, 2014

(The Charlotte Observer)

A New York Times analysis of 2012 Medicare data shows that about 2% of doctors received about $15 billion of the $77 billion total government payout. Fifteen Mecklenburg County doctors received more than $1 million in payments. 

Auto-parts maker adding 228 jobs at Catawba County plant

April 9, 2014

(The Charlotte Observer)

GKN Driveline will invest $113 million and create 228 new jobs over four years at its plant in Catawba County. The auto-parts manufacturer makes all-wheel drive systems, transmissions and other components for automakers including BMW, Chrysler, Ford and General Motors.

Charlotte building campaign for Google Fiber

April 9, 2014

(The Charlotte Observer)

Advocates of Google Fiber in Charlotte say the data network would attract entrepreneurs, bring jobs to the city and provide high-speed Internet access to low-income areas. The city has until May 1 to submit plans to Google, including details of existing infrastructure such as gas and electricity lines. Google expects to choose which cities will get the network by year-end; it's also looking at bringing the service to the Triangle area. 

Lender takes ownership of Carolina Trail golf courses

April 9, 2014

(The Charlotte Observer)

Toronto-based lender Romspen is the new owner of four Charlotte-area golf courses that were part of the Carolina Trail group after foreclosing on them. Romspen said it plans to make improvements and reopen the courses, which include Birkdale, Highland Creek, The Divide and The Tradition.

Lower tuition leads to staffing cuts at Belmont Abbey

April 9, 2014

(The Gaston Gazette)

Belmont Abbey College cut 16 administrative positions this week as a result of its new operating model that reduced annual tuition 33% last year to just more than $9,000. 

Solar farm proposed for Rowan County

April 9, 2014

(The Salisbury Post)

Cornelius-based O2 Energies has proposed a 4.25-megawatt solar farm for Rowan County. The four-month construction project would employ about 50 workers. 

Clodfelter likely to continue efforts to keep airport in Charlotte's hands

April 9, 2014

(The Charlotte Observer)

Dem. Dan Clodfelter, who will be sworn in as Charlotte's new mayor today, has shown steady support for keeping Charlotte Douglas International Airport under the city's control.

Charlotte City Council names Clodfelter Charlotte's new mayor

April 8, 2014

(The Charlotte Observer)

N.C. Sen. Dan Clodfelter will become Charlotte's next mayor, replacing Patrick Cannon who resigned two weeks ago after his arrest on federal corruption charges. The former city council member will resign from the state General Assembly, where he has served since 1999, today and will be sworn in as mayor on Wednesday. 

Charlotte-based Premier buys Texas company

April 8, 2014

(The Charlotte Observer)

Charlotte-based Premier Inc. bought College Station, Texas-based MEMdata, an equipment-planning business, for an undisclosed amount. Premier, which offers services to help health-care companies improve efficiency and reduce costs, said the purchase will help its members save money on equipment purchases and construction costs.

Environmental commission sides with Duke Energy, appeals judge's ruling

April 8, 2014

(The News & Observer, Raleigh)

The state Environmental Management Commission appealed a March 6 ruling that gave it the authority to force Duke Energy to immediately halt pollution at coal-ash ponds. The Charlotte-based utility filed its own appeal of the Superior Court judge's ruling last week.

Charlotte ranked fifth-worst for sprawl

April 7, 2014

(The Charlotte Observer)

The Charlotte-Gastonia-Rock Hill, S.C. area was ranked No. 5 on a list of most sprawl-prone metropolitan areas in the nation. Smart Growth America ranked the Charlotte area 25th overall out of 221 metro areas and 994 counties included in the report.

Charlotte tourism official mentioned in Cannon affidavit

April 7, 2014

(The Charlotte Observer)

Mohammad Jenatian, president of the Greater Charlotte Hospitality & Tourism Alliance and supporter of many of the city's high-profile development projects, introduced then-Mayor Patrick Cannon to an undercover FBI agent in 2010 when the agent was investigating other people.

 


Read more here: http://www.charlotteobserver.com/2014/04/05/4820231/tourism-advocate-jenatian-introduced.html#storylink=cpy

Charlotte City Council expected to choose Clodfelter as mayor

April 7, 2014

(The Charlotte Observer)

While the final vote won't be held until tonight's meeting, It appears that at least six of 11 members of the Charlotte City Council will vote for N.C. Sen. Dan Clodfelter to replace former Mayor Patrick Cannon.

Charlotte Douglas still 8th-busiest airport in nation

April 4, 2014

(The Charlotte Observer)

Charlotte Douglas International Airport was the eighth-busiest airport in the nation and 23rd-busiest in the world in 2013, maintaining those positions from the previous year. The number of passengers increased 5.4% to 43.5 million.

Lowe's to pay $18.1 million to settle hazardous-waste case

April 4, 2014

(The Charlotte Observer)

Mooresville-based Lowe's Cos. will pay $18.1 million to settle a case claiming the home-improvement retailer illegally disposed of hazardous waste at more than 100 stores in California. Dumpster inspections showed the company discarded batteries, paints, pesticides and other hazardous materials that were not allowed in California landfills.