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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.

Holiday community unity celebration
Business News

Exciting Developments in Holiday Entertainment and Community Spirit in North Charlotte

Exciting Developments in Holiday Entertainment and Community Spirit in North Charlotte The city of North Charlotte teems with anticipation and excitement as the countdown to the holiday season begins. The city, known for its vibrant community events, unique arts scene, and passionate sports culture, is planning a lineup of exciting events and initiatives designed to bring joy and togetherness to its residents during these festive times. A New Spin on

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Corporate skyline at sunset
Business News

Charlotte Region: A Leading Destination for Fortune 500 and 1000 Companies

Charlotte Region: A Leading Destination for Fortune 500 and 1000 Companies The Booming Business Hub: Charlotte Region With more than a dozen Fortune 500 and Fortune 1000 companies calling it home, the Charlotte region of North Carolina has quickly risen to the top as a preferred destination for businesses across all sizes. Companies are strategically choosing Charlotte for its business-friendly climate, robust infrastructure, and skilled workforce. Stellar Growth in Business

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Cybersecurity breach aftermath concept.
Business News

Truist Bank Faces Litigation Over 2023 Cybersecurity Incident

Truist Bank Faces Litigation Over 2023 Cybersecurity Incident Incident Overview Located in the financial hub of Charlotte, North Carolina, Truist Bank has been besieged by lawsuit following a cybersecurity incident in 2023. The incident, which was reportedly contained quickly, nonetheless resulted in a legal dispute. A spokesperson for Truist Bank confirmed they are currently reviewing the case, while refraining from providing further comments on the ongoing litigation. Cybersecurity Incident and

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Contrasting transport satisfaction levels.
Business News

Poll: High Praise for Charlotte Airport but Low Satisfaction with Local Transit System

Poll: High Praise for Charlotte Airport but Low Satisfaction with Local Transit System Results from a recent survey in Charlotte, North Carolina reveal contrasting ratings for two major transportation entities in the city – the Charlotte Douglas International Airport and the Charlotte Area Transit System (CATS). Impressive Performance for Charlotte Douglas International Airport The survey awarded high marks to Charlotte Douglas International Airport, emphasizing its excellence in meeting users’ needs

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Cannabis dispensary storefront sign
Business News

Apotheca Dispensary Opens Fifth Charlotte Location in Five Years

Apotheca Dispensary Opens Fifth Charlotte Location in Five Years Charlotte: Cornelius-based Apotheca Dispensary is set to hold a celebratory ribbon-cutting ceremony for its new South End location, marking the fifth Charlotte opening since the business launched in 2019. With 37 locations across three states, this latest launch represents a notable milestone in Apotheca’s rapid journey towards business expansion. Expanding A Local Empire The latest establishment, located at 3039 South Blvd.,

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Cannabis dispensary storefront art
Business News

Apotheca Dispensary Opens Fifth Charlotte Location in Five Years

Apotheca Dispensary Opens Fifth Charlotte Location in Five Years A Continued Expansion in the Cannabis Industry Charlotte, NC – There’s something big blooming in the Charlotte cannabis market. Apotheca Dispensary, the Cornelius-based cannabis retail chain, has opened its fifth location in Charlotte last Thursday. This marks the 37th store in just three states since the business launched five years ago in 2019. The new location, which is already open for

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Modern cannabis retail concept.
Business News

Apotheca Dispensary Opens Fifth Charlotte Location In Five Years

Apotheca Dispensary Opens Fifth Charlotte Location In Five Years Charlotte, NC – The flourishing world of cannabis dispensaries in North Carolina has witnessed a significant development with the opening of the fifth Charlotte location of Cornelius-based Apotheca Dispensary. Announcing the opening, Apotheca continues to expand its reach in the industry since its inception in 2019, now boasting 37 locations spread across three different states. Rapid business growth The new dispensary,

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Urban planning collaboration meeting.
Business News

Shaping Charlotte through thoughtful planning, with Douglas Welton

Shaping Charlotte through thoughtful planning, with Douglas Welton Charlotte’s Vision for Growth and Development Charlotte, a vibrant city in North Carolina, has been experiencing significant growth over the past 25 years. This growth has posed both challenges and opportunities for the city, leading to the need for thoughtful planning and development strategies. Douglas Welton, the chair of the Charlotte Mecklenburg Planning Commission, plays a crucial role in shaping Charlotte’s future

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Townhome construction boom aerial
Business News

Charlotte Sees Surge in Townhome Construction, Decline in Single-Family Homes

Charlotte Sees Surge in Townhome Construction, Decline in Single-Family Homes In a significant shift in the Charlotte housing market, new townhomes have surpassed single-family homes in Mecklenburg County, marking a notable trend in the type of housing being built in the area. Changing Landscape According to data from local builders and land brokers, the number of building permits issued for townhomes exceeded those for single-family detached homes in 2023. This

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Education Funding Success Story
Business News

Charlotte’s Thurgood Marshall College Fund Impacts HBCU Students

Charlotte’s Thurgood Marshall College Fund Impacts HBCU Students By HERE News A lack of funds is one of the main reasons many African American students drop out of college. According to the United Negro College Fund, 65% of Black college students are balancing school with full-time work and family responsibilities, with more than 80% relying on financial aid. One longstanding scholarship fund for Historically Black Colleges and Universities (HBCU) students

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