Newsroom has written 1897 posts for Business Today

Mecklenburg new corporations: May 17-June 15

These businesses registered with the North Carolina Secretary of State Cornelius 5/17/21 BFB Transportation LLC, Andre Burroughs, 2000 One Norman Cir. Apt. 1, Cornelius 5/17/21 EndoSound Inc., Josh Cohn, 21449 Country Club Dr., Cornelius 5/17/21 Midnight Media LLC, Cameron Koblinski, 20408 Marblehead Ct., Cornelius 5/18/21 Icontic LLC, Chris Dolack, 19624 Tryon St., Cornelius 5/18/21 TH […]

Uwharrie announces 2Q net

July 26. Uwharrie Capital Corp and its subsidiary, Uwharrie Bank, reported net income for the three months ended June 30, 2021 was level with the same period last year. Net income available to common shareholders both this past quarter and the same year-ago quarter was $1.5 million or $0.21 per share. Consolidated total assets at […]

United Bank reports much higher 2Q net

July 23. United Bankshares Inc.—different from United Community Banks (UCBI)—today reported earnings for the second quarter and first half of 2021. Earnings for the second quarter of 2021 were $94.8 million, or $0.73 per diluted share, as compared to earnings of $52.7 million, or $0.44 per diluted share, for the second quarter of 2020. Earnings […]

Great Race Tour stopped in Mooresville

Classic car race boosts Mooresville hospitality industry

July 23. Mooresville is the winner of the 2021 “Best Overnight City Award” on the Great Race Tour of classic automobiles. The Mooresville Downtown Commission hosted the stopover in Downtown Mooresville June 26, with more than 5,000 people and 109 antique autos. Hemmings Motor News Great Race Tour officials took note of the “overwhelming turnout, […]


Aquesta reports 34% gain in 2Q net

July 23. Aquesta Financial Holdings, which will be acquired by United Community Banks for $131 million later this year, reported a 34 percent gain in earnings during the second quarter of 2021 vs. the same period last year. For the first half, Aquesta reported unaudited income from continuing operations of $4.4 million, up 92.4 percent […]

Execs promoted at Rack Room Shoes

July 23. Rack Room Shoes has promoted Dawn Heath to director of integrated marketing and Julie Barr to vice president of human resources. In her new position, Heath will oversee the company’s strategic integrated marketing plan. Additionally, she will oversee marketing campaigns while managing in-store and online experiences. She joined Rack Room in 2007. Barr, […]

LKN Chamber announces community award winners

July 22. The Lake Norman Chamber of Commerce recognized two Lake Norman community leaders at the annual meeting held at NorthStone Country Club in Huntersville. Tonya Rivens received the top community service award while Wes Choplin received the citizenship award. Rivens, who is heard on Streetz 103.3/100.5 FM, led efforts to raise $20,000 which was […]

LKN Chamber recognizes businessperson and entrepreneur of the year

July 20. The Lake Norman Chamber of Commerce recognized Charles Knox Jr., founder of The Knox Group as the business person of the year and NC Rep. John Bradford as the entrepreneur of the year. Bradford is president and CEO of both Park Avenue Properties and the founder of based in Mooresville. The chamber […]

Mooresville new corporations February 2021

These businesses registered with the North Carolina Secretary of State 12/16/20 Ask Sai Ventures LLC, Baiji Saida Shaik, 157 Farmers Folly Dr. 28117 12/16/20 BMP Specialties LLC, Brent Michael Patzack, 1485 Wilkinson Rd. 28115 12/16/20 ZenHa Holdings LLC, Tommy Ngo, 103 Steinback Way Apt. F 28117 12/17/20 Grizzley Construction LLC, Juan Jose Gonzalez Garcia, 88 […]

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Peninsula home sells for almost $5 million

July 19.  By Dave Yochum. A landmark home at 17002 Freshwater Lane, located across Harbor Light Boulevard from The Peninsula Yacht Club, has sold for just under $5 million. The 7,724 square-foot (HLA) lakefront house sold for $4.9 million according to Mecklenburg County property records. Jennifer Stewart with Allen Tate had the listing. 2nd-most expensive […]