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Trump's manufacturing summit comes as jobs expand — and Charlotte is among ci...
Manufacturing was in the news Thursday as CEOs running some of the nation's largest corporations descended on the White House to talk trade and job creation with President Donald Trump.
Whether any policy changes will emerge from the discussion remains to be seen. But the best strategy — in terms of fostering growth throughout the U.S. manufacturing sector — may simply be to do nothing. That's because U.S. manufacturing jobs have been on the increase for the better part of five years.
Congressman Pittenger to BofA's Brian Moynihan: Thanks for helping fight terr...
U.S. Rep. Robert Pittenger (R-N.C., 9th District) acknowledged Bank of America Corp.’s efforts intercepting terrorism financing at an event in Charlotte Wednesday.
Congressman Pittenger thanked Brian Moynihan, CEO and chairman of Bank of America (NYSE: BAC), for his company’s assistance helping the government fight terrorism in front of an audience at the World Affairs Council of Charlotte’s luncheon in uptown.
Pittenger is vice chairman of the subcommittee on terrorism and illicit finance…
Council: Charlotte budget in good shape
Charlotte City government executives and council members this week began the months-long build-up of negotiating and approving a new annual budget with predictions of a smoother process than in recent years. Property taxes increased in 2013 and 2015.
Last year, council opted for higher trash collection fees to help balance the budget, forgoing a recommendation by the city manager to raise property rates.
The current budget, running through June 30, is $2.45 billion, including all operating and…
Lidl to hire 800, job openings include Charlotte-area stores
Lidl has started hiring for its first stores in the Tar Heel State.
The German grocer confirmed plans to hire 800 store associates in 13 N.C. cities. That list includes Charlotte, Gastonia and Shelby in the local market.
“That’s starting this week,” says Will Harwood, spokesman.
Hiring will take place over the next four months, with pay starting at $12 per hour plus benefits, including health insurance and a retirement plan.
Lidl announced earlier this month it plans to open its first 20…
Monroe apartment complex fetches $1.2M in private sale
A 61-unit apartment complex in Monroe has been sold for $1.2 million.
Located at Castle Road and Riverview Lane, the apartments were bought by the Coroneos family of Charlotte. The seller was EverBank, and the deal closed on Dec. 31, according to Union County tax records.
Kevin McClave, director of sales and broker-in-charge for Henderson Properties Realtors in Charlotte, made the sale.
“This successful transaction reflects the continued demand for multifamily product in the greater Charlotte…
Compact Power goes out on its own with Florida rental center
Fort Mill-based Compact Power Equipment Rental is opening its first stand-alone rental center in Jacksonville, Fla., with another following soon in Fort Mill.
Compact Power has more than 1,100 Home Depot (NYSE: HD) locations renting equipment ranging from hand tools to large equipment.
Now the company kicks off the Jacksonville center on Friday with an open house at the new store.
“With this location in Jacksonville we’re taking another step to improve the rental experience and offer our customers…
Charlotte hospitals lock down visitation as flu cases climb
Charlotte’s hospitals have issued new visitor restrictions amid a spike in flu cases.
That means children 12 and under are not permitted to visit at Carolinas HealthCare System and Novant Health hospitals in the Charlotte region as of 7 a.m. Friday.
Individuals of all ages experiencing flu-like symptoms — runny nose, sore throat, fever and cough — are also encouraged not to visit.
“The flu virus can be extremely dangerous to people who have compromised immune systems, cancer, kidney disease…
Duke Energy ordered to defend restrictive solar policies in regulatory hearing
N.C. regulators will hold hearings May 31 on claims by solar developer O2 EMC that Duke Energy is violating state and federal law by failing to connect three of 02’s solar projects to the power grid.
Charlotte-based Duke (NYSE: DUK) denies any wrongdoing. It had asked the N.C. Utilities Commission in December to dismiss the complaints O2 had filed in October. The commission says it will defer consideration of Duke’s dismissal motion until it hears evidence at the hearing.
This clears the way…
Automotive Minute: Mercedes GLS proves functional utility and luxury are not ...
Mercedes-Benz has refined its SUV lineup over the last few years, introducing new model names and designs to directly compete with BMW, Audi, and Lexus. Its compact crossover GLA-Class has been renamed the GLC-Class. The GLE-Class sport utility vehicles were previously known as the M-Class. The GLS-Class is the flagship Mercedes-Benz SUV and used to be the GL-Class.
The GLS comes in three variants- GLS450, GLS550, and AMG GLS63. Prices start at $68,700 putting the GLS $20,000 below the starting…
CBJ Morning Buzz: Bojangles vs. Food Babe; Wells Fargo's unusual move; Bipar...
Today’s top local stories:
Homegrown restaurant chain Bojangles' (NASDAQ: BOJA), under pressure from activists, says it is in the process of phasing out chicken raised on antibiotics — but that it's a move that's been in the works for months, not the result of a petition delivered this week, according to a report from The Charlotte Observer. Local blogger Vani Hari, who calls herself the Food Babe and targets well-known food brands and restaurant chains with online campaigns, helped lead the…
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What one Charlotte neighborhood learned from fighting a new development
People sometimes assume developers in Charlotte hold all the cards and can win approval for anything they want. But a fight over new townhouses shows how neighborhoods can still flex … Click to Continue »
Big banks like Bank of America and Wells Fargo declare war on Venmo
For years, banks have watched as their youngest customers split restaurant checks, shared utility bills, and pitched in for parties using third-party payment apps such as Venmo. Now, they’re trying … Click to Continue »
These are the most creative real estate projects in the Carolinas
They all repurposed old sites, they all built a different kind of product, and they were all difficult projects that took years to finance and pull off. Those are some … Click to Continue »
NASCAR spinning out of control, Wall Street Journal article says
On its front page Wednesday, the nation’s largest newspaper by circulation said NASCAR’s problems “seem to have spun out of control.” “Long a Cultural Icon, NASCAR Hits the Skids,” reads … Click to Continue »
More Rick Siskey companies could be pushed into bankruptcy as investors seek ...
More companies operated by the late Rick Siskey are set to be pushed into bankruptcy as attorneys continue to seek repayment for investors caught up in an alleged Ponzi scheme. … Click to Continue »
Bank of America CEO says NC still missing out on jobs because of HB2
Bank of America CEO Brian Moynihan told a Charlotte audience Wednesday that House Bill 2 continues to hurt North Carolina’s economy, as companies and organizations choose other states to locate … Click to Continue »
Wells Fargo’s board raises eyebrows with hiring of powerful lobbying firm
Wells Fargo’s board has turned to a powerful lobbying firm as the bank grapples with government scrutiny of its sales scandal, in what experts call an unusual move for the … Click to Continue »
The Latest: North Dakota protest camp cleared
The Latest on the closing of a protest encampment near the Dakota Access pipeline construction site in North Dakota (all times local): 2:40 p.m. Authorities have declared a Dakota Access … Click to Continue »
US stocks waver as investors back away from industrials
Major U.S. indexes are mixed Thursday as investors sell industrial companies, which have surged over the last few months. They are selling stocks that are tightly linked to economic growth … Click to Continue »
Google fights online trolls with new tool
The Internet can be an ugly place – one where the mere act of expressing an opinion can result in a barrage of name-calling, harassment and sometimes threats of violence. … Click to Continue »
McClatchy joins Google, YouTube with video lab in renovated Sacramento train ...
McClatchy, parent of The Sacramento Bee, announced Thursday it is joining with Google and YouTube to launch a video test lab in Sacramento’s newly renovated downtown train station. The incubator-style … Click to Continue »
Farm-to-table chain opens two restaurants in south Charlotte
b.good, the farm-focused restaurant planning a location uptown, is expanding into Charlotte with two other Charlotte locations – in Stonecrest and in Ballantyne. The Stonecrest location at 7926 Rea Road … Click to Continue »
BC-Cash Prices, 1st Ld-Writethru,0342
Wholesale cash prices Thursday. Thu. Wed. F Broilers national comp wtd av .8567 .8567 Eggs large white NY Doz. .62 .66 Flour hard winter KC cwt 13.90 13.90 Cheddar Cheese Chi. 40 block … Click to Continue »
The Latest: Ohio, Wisconsin leaders prepare for Trump effect
The Latest on collaboration legislative effort between Ohio and Wisconsin (all times local): 3:30 p.m. Republican legislative leaders from Ohio and Wisconsin are joining forces as they prepare for massive … Click to Continue »
Mississippi governor wants renewed push for lottery
Mississippi Gov. Phil Bryant said Thursday that he wants legislators to make a late-session push to enact a lottery that might generate tens of millions of dollars a year in … Click to Continue »
Alan Colmes, liberal voice on Fox, dead at 66
Alan Colmes, the radio and television host and commentator best known as the amiable liberal foil to the hard-right Sean Hannity on the Fox News Channel, has died. Fox spokeswoman … Click to Continue »