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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.

"City commuting revolutionized."
Business News

Progress on Red Line as Charlotte Readies Acquisition of Norfolk Southern’s O Line

Progress on Red Line as Charlotte Readies Acquisition of Norfolk Southern’s O Line Exciting Developments in Charlotte Charlotte is making significant strides on the Red Line project, with plans set to solidify the acquisition of Norfolk Southern’s underutilized rail line. The city’s leadership is optimistic as the Charlotte City Council aims to finalize the deal by September 2024. This acquisition is a major step forward in a long-term initiative that

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July 30, 2024 No Comments
Financial security fortress concept
Business News

Charlotte’s Federal Reserve – A Monument of Financial Security and Prosperity

Charlotte’s Federal Reserve – A Monument of Financial Security and Prosperity In Charlotte, North Carolina, the Federal Reserve Bank branch stands as a testament to the city’s regional financial and economic significance. Entrance into the exclusive club of cities graced by Federal Reserve Bank branches or satellites was determined by factors including monetary prominence and regional influence. Over the past century, the introduction of such branches, including that in Charlotte,

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July 15, 2024 No Comments
Economic diversity in Charlotte.
Agriculture

Charlotte Residents Discuss Economic Development

Charlotte Residents Discuss Economic Development Residents of Charlotte, North Carolina, have voiced their concerns regarding economic growth and the inclusion of Black-owned businesses in city development plans. These discussions were a crucial part of the Sarah Stevenson Tuesday Forum that took place on July 9. The economic rise of Charlotte With significant growth in recent years, Charlotte is poised to continue its economic development journey. Proposed plans highlight a $650

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July 11, 2024 No Comments
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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July 10, 2024 No Comments
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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July 8, 2024 No Comments
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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July 8, 2024 No Comments
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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July 7, 2024 No Comments
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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July 3, 2024 No Comments
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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June 28, 2024 No Comments
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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June 27, 2024 No Comments

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