Rock Hill Financial News: Market Insights

Business News

Truist Bank Faces Litigation Over 2023 Cybersecurity Incident

Truist Bank Faces Litigation Over 2023 Cybersecurity Incident Incident Overview Located in the financial hub of Charlotte, North Carolina, Truist Bank has been besieged by lawsuit following a cybersecurity incident in 2023. The incident, which was reportedly contained quickly, nonetheless resulted in a legal dispute. A spokesperson for Truist Bank confirmed they are currently reviewing the case, while refraining from providing further comments on the ongoing litigation. Cybersecurity Incident and

June 25, 2024 No Comments

Agriculture

Charlotte Residents Missing Out on Local News

Charlotte Residents Missing Out on Local News Residents in Charlotte are facing disappointment as they are unable to access their local news website. The website, known for providing up-to-date information on various topics such as entertainment, community events, and breaking news, has become unavailable to those trying to access it from outside of the United States. This restriction has left many residents feeling disconnected from their community and uninformed about

June 3, 2024 No Comments

Business News

Last round of Beyond Open grants plans to award $5M to small businesses in Charlotte

Last round of Beyond Open grants plans to award $5M to small businesses in Charlotte Foundation for the Carolinas announced its third round of Beyond Open’s small business grant funding on Thursday. The grant program is open to small businesses physically located within Charlotte’s Corridors of Opportunity and is designed to build “economic mobility” in the community. This round of funding is expected to award up to $5 million in

May 26, 2024 No Comments

Business News

The South on top. It’s where to find the fastest-growing American cities

The South on top. It’s where to find the fastest-growing American cities CHARLOTTE, NC – Charlotte is one of the nation’s fastest-growing cities, according to a new U.S. Census report. Between July 2022 to July 2023, the city gained 15,607 people, reaching a population of 911,311. That is third-highest growth in the U.S. trailing only San Antonio and Fort Worth, Texas, the study found. Jacksonville and Port St. Lucie, both

May 19, 2024 No Comments

Business News

New $40 million fund hopes to support small business owners in Charlotte

New $40 million fund hopes to support small business owners in Charlotte A new multi-million dollar fund created to increase access to capital for local business owners is now available in Charlotte. The Charlotte Small Business Growth Fund is one of the largest non-pandemic funding opportunities in the city. Through fixed-interest-rate loans, it aims to invest $40 million in more than 2,000 local businesses over the next years. Supporting Small

May 17, 2024 No Comments

Automotive

Charlotte Residents Unable to Access Popular Local Website

Charlotte Residents Unable to Access Popular Local Website Residents of Charlotte, North Carolina were left puzzled and frustrated today as they attempted to access a popular local website, only to be met with an error message stating, “This website is unavailable in your location.” The website in question, known for its diverse range of content including news, entertainment, community events, and more, is a go-to source for many Charlotteans seeking

May 3, 2024 No Comments

Business News

Charlotte: The cost of widening I-77 south of uptown Charlotte keeps rising

Charlotte: The cost of widening I-77 south of uptown Charlotte keeps rising By HERE News The cost of widening I-77 south of uptown Charlotte keeps rising A massive project to rebuild and widen Interstate 77 between uptown and South Carolina is becoming even more expensive — perhaps making it more likely the state will turn to a private developer to build and manage it. Challenges in Widening I-77 The N.C.

April 27, 2024 No Comments

Business News

Fifth Third Bank breaks ground on new Beatties Ford Road branch in Charlotte

Charlotte Fifth Third Bank breaks ground on new Beatties Ford Road branch Fifth Third Bank, which has invested more than $20 million to support economic development in Charlotte’s Historic West End, broke ground Friday on a new Beatties Ford Road branch location. The branch is scheduled to open this fall. Importance of the Project About 72% of the project’s construction dollars will go to minority-owned businesses, according to Fifth Third

March 25, 2024 No Comments

Business News

Charlotte Economic Outlook: Experts Predict Positive Year Ahead

Charlotte Economic Outlook: Experts Predict Positive Year Ahead The economy is clicking along, and people should feel mostly optimistic about 2024, UNC Charlotte Belk College of Business experts told attendees at a Charlotte Business Journal Economic Outlook event held at The Dubois Center at UNC Charlotte Center City March 14. “Not going to happen,” came the view from John Connaughton, professor of financial economics in the Belk College of Business

March 24, 2024 No Comments

Business News

Supporting Charlotte Creatives with New Opportunity Fund

Supporting Charlotte Creatives with New Opportunity Fund CHARLOTTE, N.C. – If you are a member of the Charlotte creative hub, listen up. Matt Olin with Charlotte is Creative and Priya Sircar, the arts & culture officer for the City of Charlotte came by the studio to tell us about the new ‘Opportunity Fund’ initiative, providing grant money to Charlotte-Mecklenburg artists, creative groups, and nonprofits. What is the Opportunity Fund? According

March 20, 2024 No Comments

Category: Finance