Charlotte NC Business News - Economy And Industry Updates

Business News

Charlotte Prepares for Wegmans Opening: A New Chapter in Grocery Shopping Awaits!

Charlotte Gets Ready to Welcome Wegmans: A New Era of Grocery Shopping! Exciting news for all the food lovers in Charlotte! Wegmans Food Markets, the beloved grocery chain from Rochester, New York, is gearing up to open its first store in the city. Construction is set to kick off in just a couple of months, and we can barely contain our excitement! Demolition and Preparation in Full Swing According to

November 8, 2024 No Comments

Business News

Discover the Hottest Homes in Charlotte: Weekly Real Estate Highlights

Discover This Week’s Hottest Homes in Charlotte! This week in our exploration of Charlotte’s real estate scene, we’re diving into some stunning properties that not only showcase modern features but also capture the vibrant essence of their respective neighborhoods. Whether you’re a first-time homebuyer, searching for a cozy condo, or dreaming of a spacious family home, there’s something for everyone! So, let’s take a closer look at what these lovely

November 8, 2024 No Comments

Automotive

Albemarle Corporation Announces Layoffs Affecting Hundreds in Charlotte

Albemarle Corporation to Lay Off Hundreds in Charlotte CHARLOTTE, N.C. — It seems the winds of change are blowing through Charlotte as the world’s largest lithium miner, Albemarle Corporation, announced some surprising news that could impact many employees in the area. The Charlotte-based company has revealed plans to lay off about 6% to 7% of its global workforce, a move that will surely send ripples through the community. What Does

November 8, 2024 No Comments

Business News

Cabarrus County Faces Job Losses as Tegra Global Plant Set to Close by March 2024

Cabarrus County Hits Hard as Local Plant Closure Looms Hey there, Cabarrus County! We’re bringing you some news that might hit a little close to home. Just as the leaves are starting to change and those cozy fall vibes set in, we learn that the local sports apparel manufacturer, Tegra Global, is closing its Concord plant. This news comes as a blow to many, with around 61 jobs being cut

November 7, 2024 No Comments

Business News

Starbucks Launches Festive Seasonal Cups to Kick Off the Holiday Cheer in Charlotte!

Charlotte’s Favorite Brew: Starbucks Unveils Festive Seasonal Cups! CHARLOTTE, NC – Guess what? The aroma of holiday cheer is wafting through the air as Starbucks officially launches its seasonal cups today! This year’s charming line-up features four delightful designs, all set to bring that cozy, festive spirit right to your cup. Whether you fancy a piping hot latte or a steamy cocoa, these cups are sure to elevate your holiday

November 7, 2024 No Comments

Business News

Duke Energy Reports $1.28 Billion Earnings in Third Quarter, Sparks Mixed Reactions

Charlotte Utility Reports Third-Quarter Earnings CHARLOTTE, N.C. — Folks, it looks like Duke Energy Corp. is in the spotlight after announcing their third-quarter earnings for the year, and the numbers are definitely raising some eyebrows! The electric utility company, based right here in our lovely Charlotte, reported a whopping $1.28 billion in earnings. That’s a lot of zeros, and a real testament to the energy needs we all have! What’s

November 7, 2024 No Comments

Business News

Charlotte’s Albemarle Corp. Announces Job Cuts Amidst Declining Lithium Prices

Charlotte’s Albemarle Corp. Faces Tough Times with Job Cuts In a move that’s sure to impact many in the community, Albemarle Corp., the largest lithium miner in the world, is making some serious changes as it grapples with a tough market. Based in Charlotte, this chemical manufacturing giant is eliminating up to 7% of its global workforce, which could mean job losses for more than 500 employees across its operations.

November 7, 2024 No Comments

Business News

Fifth Third Wealth Advisors Expands to Charlotte with New Advisory Team Managing $2 Billion in Assets

CINCINNATI, OH – Big News from Fifth Third Wealth Advisors! Exciting developments are unfolding as Fifth Third Wealth Advisors, a prominent name in the investment advisory world, spreads its wings in the vibrant city of Charlotte, North Carolina. As of November 7, 2024, this firm is ready to take on new challenges with the addition of a talented advisory team that previously managed a whopping $2 billion in client assets

November 7, 2024 No Comments

Business News

Charlotte Couples’ Startup Fights Loneliness with Innovative Community Events

Charlotte Couples’ Startup Tackles Loneliness with Community Events In the vibrant city of Charlotte, a local couple is on a mission to transform apartment living from a place of solitude into a thriving community atmosphere. David and Monica Hickman, the co-founders of SocialHub, have developed a unique solution to combat the feelings of loneliness that affect so many residents living in apartment complexes. With more than 100 properties already benefiting

November 7, 2024 No Comments

Business News

Charlotte Residents Express Strong Support for Public Transit Despite Low Ridership Levels and Safety Concerns

Charlotte Residents Weigh In on Public Transit: Insights from Recent Poll Hey there, Charlotte! If you’ve ever hopped on a bus or light rail in our city, you’re not alone in thinking that public transit plays a key role in making our community thrive. A recent poll commissioned by the Charlotte Area Transit System (CATS) has revealed some interesting insights into how residents view public transportation, even if most of

November 7, 2024 No Comments

Category: Business News