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Category: Business News

Stay informed about the business scene in Charlotte, NC. Our coverage includes updates on the local economy, industry trends, and major business developments. Discover new startups, market shifts, and economic policies that impact local businesses and the community.

Pizza feast celebration.
Business News

Empire Pizza expands with new Charlotte location

Empire Pizza expands with new Charlotte location CHARLOTTE, N.C. – Local pizza lovers are in for a twist of flavours as Empire Pizza opens its doors to another vibrant location. Nestled at 8500 Pineville-Matthews Rd., the latest launch marks it as the sixth expansion of the South Carolina-based pizza franchise. Grand Opening on July 10 Feeling the excitement bubbling up among pizza devotees, Empire Pizza is putting together a grand

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Business owner tax evasion
Business News

Former Charlotte Business Owner Pleads Guilty to Major Tax Offense

Former Charlotte Business Owner Pleads Guilty to Major Tax Offense In a recent turn of events, Peter Thomas, a renowned businessman and former member of the reality TV show ‘Real Housewives of Atlanta,’ has confessed to a significant tax violation case. Acclaimed for his role in the entertainment industry, and being a prominent business figure in Charlotte, Thomas has formally admitted his guilt for not accounting for and paying over

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Senior housing community construction.
Business News

Senior Housing Underway in East Charlotte

Senior Housing Underway in East Charlotte In a dedicated response to the growing demand for affordable housing for the aging population in the city, a Charlotte local spearheads the development of a senior housing community in east Charlotte. This venture aims to create 32 new living units for the elderly, thus making significant strides towards addressing the housing crisis in this thriving North Carolinian city. An Endeavor Close to Heart

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Retail store price scanner.
Business News

Family Dollar Stores in Mecklenburg, Union Counties Fined for Overcharging

Family Dollar Stores in Mecklenburg, Union Counties Fined for Overcharging CHARLOTTE, N.C. – Family Dollar stores in the counties of Mecklenburg and Union have been fined for significant price scanning inaccuracies. This comes following a series of routine inspections carried out by the North Carolina Department of Agriculture & Consumer Services aimed at ensuring price accuracy in stores across North Carolina. The inspections focused on the accuracy of price scanners

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School budget meeting scene
Business News

Will the CMS approve Teacher’s Raise of $3.4 Million this Fall?

Will the CMS approve Teacher’s Raise of $3.4 Million this Fall? As July unfolds, the usual buzz of new budget plans is creating a cloud of uncertainty in the Charlotte-Mecklenburg Schools (CMS), with a particular focus on the potential for a significant increase in teacher raises this fall. To understand the complexity of the situation, a closer look at the final 2024-25 budget plan is essential, which recently submitted to

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Uptown restaurant closure announcement.
Business News

Charlotte’s Beloved Dandelion Market Announces Uptown Departure

Charlotte’s Beloved Dandelion Market Announces Uptown Departure Located in the heart of Charlotte, North Carolina, the popular dining spot, Dandelion Market, has announced it will vacate its Uptown position. This announcement was made on Tuesday, with the departure marked for Sunday, July 21. The escalating rental rates around the bustling Fifth Street locale were cited as the main cause for this tough resolution. Longstanding Local Favorite Dandelion Market has been

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Holiday Parade Multicultural Celebration
Business News

Community Engagement and Holiday Entertainment Flourishing in Charlotte

Community Engagement and Holiday Entertainment Flourishing in Charlotte For those located in Charlotte, North Carolina, the exciting news is that the dynamic atmosphere of local holiday entertainment and community involvement has experienced tremendous growth. From thriving neighbourhood activities, theater arts, to important charity events, there seems to be something for everyone. Living Holiday Entertainment The heart of the city has seen a vibrant increase in Living Holiday Entertainment experiences. From

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Holiday community unity celebration
Business News

Exciting Developments in Holiday Entertainment and Community Spirit in North Charlotte

Exciting Developments in Holiday Entertainment and Community Spirit in North Charlotte The city of North Charlotte teems with anticipation and excitement as the countdown to the holiday season begins. The city, known for its vibrant community events, unique arts scene, and passionate sports culture, is planning a lineup of exciting events and initiatives designed to bring joy and togetherness to its residents during these festive times. A New Spin on

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Corporate skyline at sunset
Business News

Charlotte Region: A Leading Destination for Fortune 500 and 1000 Companies

Charlotte Region: A Leading Destination for Fortune 500 and 1000 Companies The Booming Business Hub: Charlotte Region With more than a dozen Fortune 500 and Fortune 1000 companies calling it home, the Charlotte region of North Carolina has quickly risen to the top as a preferred destination for businesses across all sizes. Companies are strategically choosing Charlotte for its business-friendly climate, robust infrastructure, and skilled workforce. Stellar Growth in Business

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Cybersecurity breach aftermath concept.
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

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