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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.

Small business grant funding
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

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Luxury cruise ship sunset
Business News

Carolina Insight: Man Travels Partners With Royal Caribbean Cruises

Carolina Insight: Man Travels Partners With Royal Caribbean Cruises May 23, 2024 By Deeandra Michel, CHARLOTTE, N.C. – Man travels partners with Royal Caribbean cruises offering great deals to its clients. Man Travels, a well-known travel agency based in Charlotte, has recently announced a new partnership with Royal Caribbean Cruises, one of the world’s leading cruise lines. This partnership aims to provide clients with exclusive deals and exceptional travel experiences

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Southern city growth illustration
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

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Small business loan support
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

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Healthcare network struggle concept
Business News

Charlotte, North Carolina: ACA Network Problems

Charlotte, North Carolina: ACA Network Problems Many Affordable Care Act (ACA) plans are facing challenges due to a lack of in-network hospitals and doctors compared to regular insurance plans. This issue is causing difficulties for families seeking medical treatment, as highlighted by a recent case involving a 10-year-old girl with a brain problem. Struggle for Treatment The family of the young girl in question is currently struggling to access the

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Charlotte Website Access Denied
Business News

Residents in Charlotte Left Disappointed as Popular Entertainment Website Becomes Unavailable

Charlotte Residents Unable to Access Popular Entertainment Website Residents of Charlotte, North Carolina, were left disappointed and frustrated as they tried to access a popular entertainment website, only to be met with a message stating, “This website is unavailable in your location.” The website in question, known for providing a wide range of holiday entertainment, community events, and local news, left many users puzzled as they were suddenly unable to

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Charlotte Business Districts Grant
Beauty

City of Charlotte Announces Grant for Business District Organizations

City of Charlotte Announces Grant for Business District Organizations Start-Scale-Sustain Grant for Charlotte’s Business Districts The city of Charlotte has recently announced a new grant program aimed at supporting Business District Organizations (BDOs) within the Corridors of Opportunity. The Start-Scale-Sustain (S3) grant is a promising opportunity for nonprofit organizations dedicated to enhancing business districts in Charlotte. Grant Criteria and Application Process Organizations interested in applying for the S3 grant must

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Financial success celebration party.
Business News

Brighthouse Financial: Q1 Earnings Snapshot

Brighthouse Financial: Q1 Earnings Snapshot CHARLOTTE, N.C. (HERE News) — Brighthouse Financial Inc. (BHF) on Tuesday reported a loss of $493 million in its first quarter. On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $8.22. Earnings, adjusted for non-recurring costs, came to $4.25 per share. Exceeding Expectations The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment

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Financial team meeting brainstorm.
Business News

Charlotte, N.C.: JELD-WEN Reports Q1 Earnings Snapshot

Charlotte, N.C.: JELD-WEN Reports Q1 Earnings Snapshot JELD-WEN Reports First Quarter Loss CHARLOTTE, N.C. (HERE News) — JELD-WEN Holding, Inc. (JELD) announced on Monday that it reported a loss of $27.7 million in its first quarter. The Charlotte-based company stated that the loss equated to 32 cents per share. However, after adjusting for one-time gains and costs, their earnings came in at 21 cents per share, surpassing the expectations of

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Holiday Market Snow Globe
Business News

Charlotte Revamps Holiday Entertainment Lineup with New Shows and Events

Charlotte Revamps Holiday Entertainment Lineup with New Shows and Events The city of Charlotte is gearing up for the holiday season with a revamped lineup of entertainment options for residents and visitors to enjoy. From festive shows to community events, there is something for everyone to get into the holiday spirit. New Shows and Performances Charlotte is set to dazzle audiences with a series of new holiday shows and performances.

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