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Business News

Charlotte’s Eco-Friendly Revolution: Scrappy Socks Combat Textile Waste

Charlotte’s Eco-Friendly Revolution: Scrappy Socks are Here to Tackle Textile Waste! Hey there, Charlotte! If you’re looking for a delightful way to step up your sock game while doing your part for Mother Earth, you’re in luck! A local company, Scrappy Socks, is on a mission to battle textile waste, one cozy foot at a time. Let’s dive into the world of these eco-friendly socks that are turning heads and

November 20, 2024 No Comments

Business News

Truist Financial Commits $725 Million to Aid Recovery Efforts in Western North Carolina Following Hurricane Helene

Truist Financial Stepping Up for Western North Carolina Charlotte has become a beacon of hope as Truist Financial announces a significant commitment of 725 million dollars over the next three years to support recovery efforts following the devastation caused by Hurricane Helene in western North Carolina. With the storm leaving its mark on countless communities, this initiative is sure to make a tangible difference for those affected. Why This Matters

November 20, 2024 No Comments

Automotive

Charlotte Welcomes Major Lithium Merger as Piedmont and Sayona Team Up

Charlotte’s Lithium Boom: Piedmont and Sayona Join Forces! Charlotte, North Carolina is buzzing with excitement as two powerhouse companies, Piedmont Lithium and Sayona Mining, have officially announced their merger. This big-time collaboration is set to put Charlotte on the map as a key player in the lithium mining industry, with plans for a lithium mine that promises to drive growth and innovation in the region. A New Chapter in Lithium

November 20, 2024 No Comments

Business News

Charlotte Breweries Innovate Recycling Solutions to Combat Plastic Waste

Charlotte Breweries Tackle Plastic Waste with Innovative Recycling Partnership In the bustling city of Charlotte, a fantastic partnership is brewing, and it’s not just about crafting delicious craft beers. Local breweries are stepping up to tackle the growing problem of plastic waste, and their solution is both clever and sustainable. Thanks to a unique collaboration with a nonprofit, breweries have found a way to recycle the infamous PakTech plastic handles

November 18, 2024 No Comments

Business News

Charlotte Launches Ambitious Plan to Build Teacher Housing Amidst Growing Educator Crisis

Charlotte Digs Deep to Build Homes for Teachers! Hey there, folks of Charlotte, North Carolina! Have you heard the buzz about the latest plan to support our local teachers? In a striking move, Charlotte-Mecklenburg Schools (CMS) is stepping into the world of home construction! That’s right, CMS is set to build a community aimed at helping teachers live closer to where they work. With housing prices soaring, this initiative could

November 16, 2024 No Comments

Business News

Charlotte’s Transit Future: Interim CEO Brent Cagle Addresses Challenges and Opportunities Ahead

Charlotte’s Transit Future: A Chat with Interim CEO Brent Cagle Charlotte, North Carolina, is buzzing with conversations about transit, job accessibility, and the future of public transportation. With the recent appointment of Brent Cagle as the interim CEO of the Charlotte Area Transit System (CATS), there’s a fresh perspective steering the ship amidst some stormy waters. In an hour-long interview, Cagle opened up about the intricacies of transit in the

November 13, 2024 No Comments

Business News

Albemarle Corporation Announces Layoffs as Part of Cost-Saving Strategy

Albemarle Corporation to Lay Off Employees in Effort to Streamline Operations Charlotte, N.C. – In a surprising turn of events, local chemical manufacturing powerhouse, Albemarle Corporation, has announced it will be laying off approximately 6% to 7% of its workforce. This news hit the airwaves on November 6, as the company shared its third-quarter results. The layoffs are expected to impact about 15% of Albemarle’s global non-manufacturing workforce. This pivotal

November 9, 2024 No Comments

Automotive

Albemarle Corporation Announces Layoffs Affecting Hundreds in Charlotte

Albemarle Corporation to Lay Off Hundreds in Charlotte CHARLOTTE, N.C. — It seems the winds of change are blowing through Charlotte as the world’s largest lithium miner, Albemarle Corporation, announced some surprising news that could impact many employees in the area. The Charlotte-based company has revealed plans to lay off about 6% to 7% of its global workforce, a move that will surely send ripples through the community. What Does

November 8, 2024 No Comments

Business News

Duke Energy Reports $1.28 Billion Earnings in Third Quarter, Sparks Mixed Reactions

Charlotte Utility Reports Third-Quarter Earnings CHARLOTTE, N.C. — Folks, it looks like Duke Energy Corp. is in the spotlight after announcing their third-quarter earnings for the year, and the numbers are definitely raising some eyebrows! The electric utility company, based right here in our lovely Charlotte, reported a whopping $1.28 billion in earnings. That’s a lot of zeros, and a real testament to the energy needs we all have! What’s

November 7, 2024 No Comments

Business News

Charlotte’s Albemarle Corp. Announces Job Cuts Amidst Declining Lithium Prices

Charlotte’s Albemarle Corp. Faces Tough Times with Job Cuts In a move that’s sure to impact many in the community, Albemarle Corp., the largest lithium miner in the world, is making some serious changes as it grapples with a tough market. Based in Charlotte, this chemical manufacturing giant is eliminating up to 7% of its global workforce, which could mean job losses for more than 500 employees across its operations.

November 7, 2024 No Comments

Category: Environment