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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.

Community Supporting Small Businesses
Business News

Charlotte’s Commitment to Small Business Growth Expands with New Post-Pandemic Initiatives

Charlotte Continues to Support Small Businesses Post-Pandemic It’s been over two years since the Covid pandemic officially ended, but in Charlotte, the journey of adaptation—a “pivot,” if you will—continues. In the heart of the city, Ralphine Caldwell, the executive director of LISC Charlotte, has been working tirelessly to support small businesses, especially those in the Historic West End. When the pandemic first struck, many in the community faced significant challenges.

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October 5, 2024 No Comments
Wealthy Neighborhood Insights
Business News

Exploring Wealth Concentration in Charlotte’s 28207 ZIP Code: Income and Home Values Surge

Exploring Charlotte’s Wealth: A Closer Look at the 28207 ZIP Code and Beyond Charlotte, a vibrant city known for its southern charm and booming economy, has some fascinating dynamics when it comes to wealth concentration across its neighborhoods. Recent analysis highlights just how concentrated wealth is in specific areas, particularly in the coveted 28207 ZIP code, which boasts some impressive numbers when comparing income and home values. Meet the Wealthiest

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October 4, 2024 No Comments
Community Business Growth
Business News

Charlotte’s West End Business Community Experiences Remarkable Growth and Support Post-Pandemic

Charlotte’s West End Business Community Flourishes Post-Pandemic In the vibrant city of Charlotte, exciting initiatives are blooming as the community continues its journey toward recovery after the challenging times during the Covid pandemic. Over two years since the world started adapting to a new normal, local leaders are stepping up to support small businesses, especially in the historic West End area. One of those leaders is Ralphine Caldwell, the executive

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October 4, 2024 No Comments
Optimistic Business Leaders
Business News

Charlotte Business Leaders Show Rising Optimism as Economic Outlook Improves

Charlotte’s Business Leaders Are Feeling Optimistic About the Economy In the vibrant city of Charlotte, fresh winds of optimism are blowing through the business community. Recent surveys by JPMorgan Chase & Co. have shown a significant shift in how local business leaders view the economy. In fact, their optimism has nearly doubled since the beginning of the year! Survey Insights from the Founders Forum Last month, at their ninth annual

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October 4, 2024 No Comments
Health Care Facilities Deal
Business News

Charlotte Health-Care System Enhances Operations with Strategic Sale and Leaseback of 20 Facilities

Charlotte Health-Care System Makes Strategic Moves with Recent Property Deals In a significant shift for the health-care landscape in North Carolina, Novant Health, headquartered in Charlotte, has just completed a major transaction involving the sale and leaseback of 20 medical facilities across three key markets. This move is expected to not only bolster Novant’s operational focus but also maintain seamless patient care across its clinics. A Closer Look at the

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October 4, 2024 No Comments
Urban Condo Lifestyle
Business News

Exciting Real Estate Opportunities Await in Charlotte’s Wesley Heights Condo Market

Exciting Real Estate Opportunities in Charlotte’s Wesley Heights Charlotte is buzzing with real estate prospects, and if you’re in the market for a condo, you might want to pay attention to this delightful listing in the trendy neighborhood of Wesley Heights. Currently on the market for $410,000, this three-story condo has captivated buyers with its prime location and modern amenities. Why Choose Wesley Heights? Wesley Heights is a vibrant community

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October 4, 2024 No Comments
Insurance Acquisition Success
Business News

New York Insurance Brokerage Marsh & McLennan to Acquire Charlotte’s McGriff Insurance Services for $7.8 Billion

New York Insurance Broker Acquires Charlotte’s McGriff Insurance Services Charlotte, NC – Exciting news is making waves in the insurance world as a big player from New York has landed a major deal right here in Charlotte! Marsh & McLennan Co. (NYSE: MMC), known for being the largest insurance brokerage company in the world, is set to acquire McGriff Insurance Services for a whopping $7.8 billion. What This Means for

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October 3, 2024 No Comments
Modern apartment building
Business News

Exciting New Apartment Development Birchway Eastfield Station Set to Transform North Charlotte by 2026

Exciting New Apartment Development Coming to North Charlotte Charlotte residents, get ready for a buzz of activity in your neighborhood! A new apartment community, Birchway Eastfield Station, is taking shape at 6106 Hucks Road, nestled in the heart of north Charlotte. Construction is well underway, and the project promises to offer a variety of options for those looking for new rental homes! What to Expect The Birchway Eastfield Station project

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October 3, 2024 No Comments
Vinyl Records Collection
Business News

Charlotte Embraces Vinyl Revival as Music Lovers Rediscover Local Record Stores

Charlotte’s Vinyl Revival: A Love Letter to Record Stores Ah, Charlotte! This vibrant city is not just known for its breathtaking skyline or bustling streets; it’s got a phenomenal music scene that echoes through its very heart. In today’s digital age, streaming may reign supreme, but there’s something undeniably *magical* about slipping on a vinyl record that undeniably brings joy to many of us. The Joy of Vinyl Let’s take

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October 3, 2024 No Comments
Commercial Real Estate Growth
Business News

Charlotte’s Commercial Real Estate Landscape Transformed with New CCIM Institute President Steve Rich

Charlotte Welcomes a New Leader in Commercial Real Estate In the vibrant city of Charlotte, a fresh chapter is unfolding in the realm of commercial real estate. Steve Rich, a seasoned veteran with an impressive 25 years under his belt, has been appointed as the new global president of the CCIM Institute – a prestigious organization dedicated to educating and empowering commercial real estate professionals around the globe. This exciting

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October 3, 2024 No Comments

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