Charlotte

Charlotte outlet mall to open July 31

March 18, 2014

(The Charlotte Observer)

Charlotte Premium Outlets has set July 31 as an opening date. The 400,000-square-foot outlet mall will employ about 900 at 100 stores, which will include Saks Fifth Avenue Off Fifth, Brooks Brothers, Le Creuset and Swarovski. 

Charlotte lenders return to subprime mortgages

March 17, 2014

(The Charlotte Observer)

A growing number of lenders in the Charlotte area are lowering minimum credit scores needed to obtain home loans, with some smaller lenders accepting borrowers with FICO scores as low as 500. 

Charlotte Golf Links closes after auction

March 17, 2014

(The Charlotte Observer)

The Charlotte Golf LInks, part of the Carolina Trail group, closed Friday. A representative from the Mecklenburg Office of the Tax Collector said the course was auctioned and its San Francisco-based lender bought it and foreclosed.

DENR may force Duke to clean up coal ash at three more plants

March 17, 2014

(The News & Observer, Raleigh)

The state Department of Environment and Natural Resources said Friday it will modify permits to require Duke Energy to move coal ash from the utility's Riverbend Steam Station in Gaston County and Asheville Steam Station in Buncombe County and accelerate the closure of ash ponds at Sutton Steam Electric Plant near Wilmington.

Duke Energy suggests coal-ash storage at Charlotte Douglas

March 14, 2014

(The Charlotte Observer)

Duke Energy may propose moving millions of tons of coal ash currently at its retired Riverbend power plant to Charlotte Douglas International Airport. The ash would be stored in covered, lined pits and could be used as structural fill for future construction projects.

Charlotte Douglas replacing smaller, regional flights with larger ones

March 14, 2014

(The Charlotte Observer)

US Airways will add two mainline daily flights between Charlotte and Miami and three additional ones between Charlotte and Chicago. The airline will discontinue 10 daily regional flights to those destinations.

Luxury apartments under construction in midtown Charlotte

March 14, 2014

(The Charlotte Observer)

Construction has begun on a 296-unit luxury apartment complex close to Carolinas Medical Center and the Metropolitan complex in Charlotte's midtown area. Crescent Communities is developing the $50 million project, which will have street-level retail, two parking levels and five levels of apartments.

Charlotte Douglas cancels solar project

March 13, 2014

(The Charlotte Observer)

Charlotte Douglas International Airport has canceled plans to install solar panels that could have produced 53 megawatts of energy. An official said the airport is considering adding a fourth parallel runway, and the solar panels might interfere with the expansion. In addition, panels that were to be installed on parking lots could jeopardize tax-exempt bonds the airport uses to pay for parking projects.

Chinese coal firm moving to Charlotte

March 13, 2014

(The Charlotte Observer)

The Daniels Company, a subsidiary of a Beijing-based coal-prep technology firm, has bought an office building adjacent to SouthPark mall and plans to relocate 30 workers there from Bluefield, W.Va. The company also plans to hire an additional 30 people and open a manufacturing center for coal-production equipment.

Federal jury rules against Charlotte's LendingTree in patent infringement case

March 13, 2014

(The Charlotte Observer)

A federal jury ruled that three competitors of Charlotte-based LendingTree.com did not infringe on patents the online lender holds to protect its methods to match borrowers with lenders.

Chiquita contract says global headquarters must stay in Charlotte

March 12, 2014

(The Charlotte Observer)

Chiquita Brands International's contract with Charlotte and Mecklenburg County requires it to keep its headquarters there in order to continue to receive incentives and states the company must repay incentives already received if it relocates within 10 years. Chiquita announced this week it is merging with Irish fruit company Fyffes and moving its global headquarters to Dublin.

Shelby firm to offer high-speed broadband service similar to Google Fiber

March 12, 2014

(The Charlotte Observer)

Shelby-based RST Fiber says it spent four years installing cable and acquiring existing lines across North Carolina and is ready to introduce a new network that can connect to the Internet at speeds 100 times faster than today's offerings.

Southwest wants to add flights from Dallas to Charlotte, Raleigh

March 12, 2014

(The Charlotte Observer)

Southwest Airlines wants to add nonstop flights from Dallas to about a dozen cities including Charlotte, Raleigh and Charleston, S.C. The carrier is hoping to add two gates at Dallas Love Field that American Airlines was forced to give up as a result of its merger with US Airways.

Carolinas HealthCare uses patient data to cut costs

March 12, 2014

(The Charlotte Observer)

Through expanded use of electronic medical records, Carolinas HealthCare System is harnessing patient information to prevent illnesses, manage chronic conditions and ultimately keep costs down. The hospital system is forecasting its first loss next year in more than 30 years. 

Charlotte-based Chiquita to merge with Irish fruit company

March 11, 2014

(The Charlotte Observer)

Chiquita Brands International will merge with Fyffes, an Irish produce company. The new company will be called ChiquitaFyffes and will be based in Dublin. Ed Lonergan, chief executive of Chiquita, said the deal should not have a major impact on the company's employment in Charlotte.

Duke Energy CEO says customers would pay for ash cleanup

March 10, 2014

(The News & Observer, Raleigh)

Duke Energy CEO Lynn Good said Friday that the utility would seek to increase customer rates to pay for the expense of cleaning up ash ponds. Early estimates show costs to move coal ash away from drinking-water sources at 14 sites in N.C. could be close to $1 billion. 

Charlotte may break up Eastland Mall site into sections

March 10, 2014

(The Charlotte Observer)

The city of Charlotte may commission a new study to determine the best option for the 80-acre site of the former Eastland Mall. Now that it appears the city will not move forward with a movie studio project, it may consider breaking up the site into smaller sections with multiple developers.

Fans line up to buy single-game tickets for Charlotte Knights

March 10, 2014

(The Charlotte Observer)

Single-game tickets for Charlotte Knights home games went on sale Saturday, and tickets for the season's first two home games at the new BB&T Ballpark on April 11 and April 12 sold out by the end of the day. Season-ticket packages including those same games were still available.

AIG selects uptown Charlotte site for technology center

March 10, 2014

(The Charlotte Observer)

American International Group will open its new Charlotte technology center at the BB&T Center in uptown this summer. The insurance company announced last December it would open the software-development center and create 230 jobs with an average annual salary of about $100,000.

Business students present marketing ideas for Salisbury's Cheerwine

March 10, 2014

(The Salisbury Post)

Salisbury-based Cheerwine solicited marketing ideas from its core demographic – college students – at a global marketing summit the soft-drink company sponsored at Wake Forest University's Center for Retail Innovation.