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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 Welcomes The Imagine Group's Major Expansion at Innovation Park
Business News

Charlotte Welcomes The Imagine Group’s Major Expansion at Innovation Park

Charlotte Celebrates Business Growth with The Imagine Group’s Expansion In a move that really puts Charlotte on the map, the commercial printing company The Imagine Group has just announced its decision to renew and expand its lease at Innovation Park. This Minnesota-based company has been a significant player at the development since 2011, and their recent contract ensures they are firmly rooted in the area for the next decade. A

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October 17, 2024 No Comments
Former Panthers Wide Receiver D.J. Moore Lists Lakefront Home for $5 Million
Business News

Former Panthers Wide Receiver D.J. Moore Lists Lakefront Home for $5 Million

Former Panthers Star Puts Lakefront Paradise on the Market Charlotte, North Carolina — In a move that has caught the attention of real estate enthusiasts and football fans alike, former Carolina Panthers wide receiver D.J. Moore has decided to list his stunning lakefront home for sale. This luxury property, nestled in the beautiful The Sanctuary neighborhood, has hit the market with an asking price of $5 million. A New Chapter

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October 17, 2024 No Comments
Major Industrial Development Plans Igniting Change in Kannapolis
Business News

Major Industrial Development Plans Igniting Change in Kannapolis

Major Industrial Development Approaches in Kannapolis In the heart of Kannapolis, an exciting transformation is underway! Recently, a notable Charlotte developer made headlines by acquiring a significant piece of land along N.C. Highway 73. On September 28, 2023, C4-AR 7-Eleven LLC, linked to the experienced duo of Peter B. Pappas and Tim Sittema from Crosland Southeast, purchased a 10-acre site at 6551 Davidson Highway for nearly $1.9 million. What’s Happening

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October 17, 2024 No Comments
Bank of America Partners with Local Nonprofits to Enhance Community Health and Leadership in Charlotte
Business News

Bank of America Partners with Local Nonprofits to Enhance Community Health and Leadership in Charlotte

Charlotte, N.C.: Supporting Local Progress and Health through Community Partnerships In the heart of Charlotte, North Carolina, an inspiring initiative is making waves in the community, thanks to a strong collaboration between Bank of America and local nonprofits. Recently, as part of their enduring commitment to improving financial and social conditions in low to moderate-income neighborhoods, Bank of America showcased their Neighborhood Builders® Signature Program. In a friendly chat, Kieth

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October 16, 2024 No Comments
Charlotte Housing Market Shows Signs of Slowdown Amid Rising Buyer Interest and Inventory in September
Business News

Charlotte Housing Market Shows Signs of Slowdown Amid Rising Buyer Interest and Inventory in September

Charlotte’s Housing Market Update: A September to Remember Ah, Charlotte! The Queen City is buzzing with its fair share of ups and downs in the housing market as we step into fall. September was a rather interesting month for home sales, with a mixed bag of results. The latest report from the Canopy Realtor Association has given us some insight, and it seems like the market is experiencing a bit

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October 16, 2024 No Comments
Charlotte's Movement Freedom Middle School Thrives Under Young Principal Kenneth Gorham
Business News

Charlotte’s Movement Freedom Middle School Thrives Under Young Principal Kenneth Gorham

Charlotte Welcomes Young and Dynamic Principal Kenneth Gorham In the vibrant city of Charlotte, N.C., an inspiring story is unfolding at Movement Freedom Middle School. It’s the third year for Kenneth Gorham, the school’s principal, who has made quite a splash since stepping into his role as the youngest principal in the school’s history. Walking down the bustling hallways adorned with colorful college banners, Gorham reflects on his mission: “The

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October 16, 2024 No Comments
Former Carolina Panthers Star D.J. Moore Lists $5 Million Lakefront Estate in Charlotte
Business News

Former Carolina Panthers Star D.J. Moore Lists $5 Million Lakefront Estate in Charlotte

Former Carolina Panthers Player Lists $5 Million Lakefront Estate in Charlotte Charlotte, North Carolina – If you’ve ever dreamt of waking up to stunning water views and living in a spacious, luxurious home, we have some exciting news for you! D.J. Moore, the talented wide receiver who formerly dazzled on the field for the Carolina Panthers and is now making waves with the Chicago Bears, has put his gorgeous Lake

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October 16, 2024 No Comments
Charlotte Office Market Exhibits Signs of Stabilization Amidst Reduced Vacancy Rates
Business News

Charlotte Office Market Exhibits Signs of Stabilization Amidst Reduced Vacancy Rates

Charlotte’s Office Market Shows Signs of Stabilization In the vibrant city of Charlotte, recent data indicates a shift in the office market as concerns about vacancy rates stabilize following earlier highs this year. According to a report by JLL, a reputable commercial real estate firm, office vacancy across Charlotte reached 22.5% in the third quarter of this year. This is a step back from nearly 25% seen in the second

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October 16, 2024 No Comments
Cabarrus County Emerges as the Ideal Destination for Homebuyers Seeking Diverse Real Estate Options
Business News

Cabarrus County Emerges as the Ideal Destination for Homebuyers Seeking Diverse Real Estate Options

Welcome to Cabarrus County: A Homebuyer’s Paradise If you are on the lookout for your next dream home, Cabarrus County might just be the perfect place for you! Nestled in the heart of North Carolina, this area is buzzing with beautiful properties that cater to various tastes and needs. From stunning modern homes to charming one-level properties, there’s something here for everyone. So, grab a cup of coffee, sit back,

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October 16, 2024 No Comments
Financial growth graph
Business News

Bank of America Reports Impressive Third-Quarter Profits of $6.9 Billion

Bank of America Posts Strong Third-Quarter Profits in Charlotte CHARLOTTE, N.C. — It’s a sunny day in Charlotte, and the news from the hometown hero, Bank of America, is nothing short of encouraging! On Tuesday, the bank revealed its third-quarter profits, and folks, they are impressive. Bank of America Corp. announced a whopping profit of $6.9 billion, translating to earnings of 81 cents per share. Surpassing Expectations For those who

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October 15, 2024 No Comments

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