Name: HERE CHARLOTTE
Address: Charlotte, North Carolina, 28202, United States
Price range: $$

Storefront of a tech repair business named ReConnex

Business News

Charlotte Startup Labs Launches Tech Repair Business

News Summary Charlotte Startup Labs is celebrating pivotal staff promotions alongside the launch of ReConnex, a new tech repair business designed to empower justice-impacted individuals. With a mission to provide affordable tech repair services, ReConnex aims to create learning and job opportunities within local communities. This initiative represents a significant step towards enhancing entrepreneurship and workforce development in the area. Exciting Developments for Charlotte’s Tech Scene and Justice-Impacted Community Charlotte

April 28, 2025 No Comments

Aerial view of Charlotte's skyline with economic activity

Business News

Charlotte’s Economy Faces Uncertainty Amid Tax Changes

News Summary As April 2025 unfolds, Charlotte is experiencing economic uncertainty with recession warnings hovering over the city, despite a strong employment rate of 4.2%. Consumer inflation expectations have doubled, sparking anxiety even as Charlotte shows resilience in job growth. Noteworthy trends include an influx of residents from high-cost areas and an extension on tax deadlines to September 25 due to Hurricane Helene. Community updates show mixed results, including a

April 21, 2025 No Comments

Illustration of the North Carolina rental market highlighting housing affordability.

Business News

Settlement Reached in North Carolina’s Rental Pricing Controversy

News Summary Cortland Management has reached a settlement with North Carolina’s Attorney General over allegations of using software to inflate rent prices. The company will cease using RealPage’s software and contribute $100,000 towards consumer education, although it did not admit wrongdoing. Renters express concern over rising prices as the rental market becomes increasingly competitive, exacerbating affordability issues for many. This case may lead to more significant regulatory changes to protect

April 17, 2025 No Comments

Auto dealership in Charlotte with various cars on display

Automotive

Charlotte Auto Dealers Brace for Price Hikes Amid New Import Tariffs

News Summary Auto dealers in Charlotte, NC, are gearing up for significant price increases on vehicles due to new tariffs on imports. A 10% blanket tariff and a 25% tariff specifically on automobiles are now in effect, causing concerns among local dealerships about financial stability and customer affordability. With the potential for soaring vehicle prices, both new and used market trends are shifting, making it crucial for buyers to act

April 10, 2025 No Comments

Community members engaging in homeownership initiatives in Charlotte.

Business News

Charlotte’s Hope for Homeownership: A Local Investor’s Mission

News Summary Nasar El-Arabi, a real estate investor in Charlotte, aims to empower the local Black community through homeownership. Since 2008, he has focused on revitalizing underserved neighborhoods and providing educational resources to overcome barriers to homeownership. With rising prices and income challenges, El-Arabi’s mission highlights the significance of owning a home for financial stability and community influence, sparking conversations about integration and inclusivity in Charlotte. Charlotte’s Hope for Homeownership:

April 10, 2025 No Comments

Cityscape of Charlotte, North Carolina with corporate buildings

Business News

Charlotte’s Fortune 500 Companies Navigate Turbulent Tariff Times

News Summary The announcement of extensive tariffs by President Trump sent Charlotte’s Fortune 500 companies into a state of volatility. While some companies like Sonic Automotive and LPL Financial saw gains amidst the chaos, major banks faced significant losses. The market, feeling the strain of trade policy shifts, experienced steep declines. As more tariffs loom on the horizon, the business landscape in Charlotte remains precarious. Charlotte’s Fortune 500 Faces Rollercoaster

April 10, 2025 No Comments

Business News

Charlotte Housing Market Experiences Notable Shifts

News Summary The Charlotte housing market is currently facing significant changes as homes take longer to sell and sales have dropped by 5.1% compared to last year. Rising inventory and high interest rates are major factors influencing these trends. While this presents challenges for sellers, experts suggest it may be an opportune moment for buyers, who might find attractive deals in a slower market. As the market evolves, patience and

March 30, 2025 No Comments

Charlotte City Council members discussing policy

Business News

Charlotte City Council Faces Scrutiny Over Small Meetings

News Summary The Charlotte City Council is under fire for holding small group meetings, raising concerns about transparency and accountability. Critics argue these gatherings may sidestep the principles of open governance, while some council members defend them as necessary for efficient discussions. Past leaders emphasized public access, making the current practices a focal point of debate. Legal experts warn that the frequency of these private meetings risks undermining public trust.

March 23, 2025 No Comments

Aerial view of Monroe Corporate Center with industrial facilities

Business News

SEECO Relocates to Monroe, Bringing New Job Opportunities

News Summary SEECO, the Southern Electrical Equipment Company, is relocating from Charlotte to Monroe, North Carolina. This move will create 71 new jobs in the area, with an attractive average salary of $64,000. The City Council has approved a $114,000 incentive grant to support this transition, which includes relocating to a 109,000-square-foot facility in Monroe Corporate Center. SEECO plans to invest between $7 million and $10 million in the new

March 22, 2025 No Comments

Wells Fargo new food hall showcasing open kitchen design and seating

Business News

Wells Fargo Unveils New Food Hall in Charlotte

News Summary Wells Fargo has transformed its Customer Information Center in Charlotte, featuring a brand-new food hall with seven stations, renovated auditoriums, and new amenities. The expansive 20,000 square foot space encourages employee collaboration and offers a coworking vibe, countering remote work challenges. With a commitment to enhance workplace culture, the bank’s $500 million investment aims to elevate employee experience and foster a supportive environment amidst changing work habits post-pandemic.

March 14, 2025 No Comments

Category: Finance