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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.

Charlotte website outage concept
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

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Charlotte skyline at sunset
Business News

Local Residents in Charlotte Face Website Access Issue Due to Geographical Restrictions

Charlotte Local Residents Miss Out on Website Due to Geographical Restrictions Local residents in Charlotte have been left frustrated after attempting to access a popular website, only to be met with an error message stating “This website is unavailable in your location.” The issue has arisen due to geographical restrictions placed on the website, preventing individuals from accessing its content from outside the United States. Error 451: Geographical Restrictions in

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School budget meeting illustration
Business News

Charlotte’s Proposed CMS Budget for 2024-25 Revealed

Charlotte’s Proposed CMS Budget for 2024-25 Revealed Charlotte, NC – April 27, 2024 Charlotte Mecklenburg Schools (CMS) is gearing up for a significant decision as the school board is set to vote on the proposed budget for the upcoming academic year on April 30. The budget, presented by Superintendent Crystal Hill earlier this month, lays out the financial roadmap for the district for the 2024-25 school year. Breaking Down the

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Grocery bill comparison chart
Business News

Don’t Waste Your Money: Grocery Store Items That Are A Waste

Don’t Waste Your Money: Grocery Store Items That Are A Waste April 26, 2024 Jospeh Duncan, CHARLOTTE, N.C.– Grocery bill still going up? Almost all of us are complaining about our grocery bills these days, and are looking for every way to lower them. But a new report says some things you buy are a waste of money. It’s tough to decide how many vegetables to buy…. and putting together

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Highway construction costs rising
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.

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Car dealership success celebration.
Automotive

Charlotte, N.C.: Sonic Automotive Reports Strong Q1 Earnings

Charlotte, N.C.: Sonic Automotive Reports Strong Q1 Earnings Charlotte, N.C. based company, Sonic Automotive Inc. (SAH), has released its first-quarter earnings report, showcasing impressive financial results. Financial Highlights The company reported a net income of $42 million for the first quarter, translating to $1.20 per share. Even after adjusting for one-time gains and costs, Sonic Automotive’s earnings stood strong at $1.36 per share, surpassing the expectations of Wall Street analysts.

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Charlotte website block reaction
Business News

TV Entertainment Website Blocked in Charlotte

Charlotte TV Entertainment Website Blocked in Charlotte In a surprising turn of events, residents of Charlotte have reported being unable to access a popular TV entertainment website in the city. The website in question, known for its wide range of entertainment news, local events coverage, and sports updates, has been blocked from being viewed within Charlotte’s limits. Technical Difficulties or Deliberate Blocking? Many users initially thought that the inability to

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Neighborly home service app.
Business News

Charlotte-based app helping neighbors save time, money booking home care services

Charlotte-based app helping neighbors save time, money booking home care services By Caroline Hicks Connecting Neighbors with Local Businesses Spring has arrived, and along with it comes the annual task of spring cleaning for many homeowners in Charlotte, North Carolina. To help residents save time and money on home care services, two Charlotte dads have come up with a solution – an innovative app called StreetFair. Co-founder Teddy Fitzgibbons shared

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Steel manufacturing innovation concept
Business News

Charlotte, N.C.: Nucor Reports Q1 Earnings Snapshot

Charlotte, N.C.: Nucor Reports Q1 Earnings Snapshot Nucor Corp. Reports First-Quarter Profit of $844.8 Million CHARLOTTE, N.C. (AP) — Nucor Corp. (NUE) on Monday reported first-quarter profit of $844.8 million. The Charlotte, North Carolina-based company said it had net income of $3.46 per share. Missing Wall Street Expectations The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.62

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Estate seizure aftermath illustration
Business News

States Can Seize Estates of Medicaid Recipients

North Carolina and Other States Can Seize the Estates of Medicaid Recipients By HERE News Picture this scenario: You’ve lost a loved one and inherited that person’s home. But while you are still grieving the loss, you’re informed the state is seizing that property you just inherited. It can happen if your loved one was on Medicaid, as one Charlotte family found out — the hard way. The Case of

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