Newsroom
Monday webinar for NC job retention grants
Aug. 14. Businesses and nonprofits that have been affected by the coronavirus pandemic can receive up to $250,000 from the NC. Dept. of Commerce Job Retention Grant Program. The program, which aims to help employers keep employees on the payroll, has a strict application deadline of Sept. 1. Among the requirements: —Applicants cannot have already […]
Stein Mart bankruptcy will take out anchor store in Cornelius shopping center
Aug. 13. By Dave Yochum. The local store that was perfect for gifts of all kinds, not to mention discount fashions, bedding and even plus-size clothing, will close as part of a corporate-wide bankruptcy filing. Stein Mart has filed for Chapter 11 bankruptcy and plans to wind down operations in the fourth quarter. All stores […]
Retirement Clearinghouse will add 300 jobs in Charlotte
Aug. 11. Retirement Clearinghouse, based in Charlotte, will invest $4.1 million to expand their headquarters and corporate offices in Charlotte, creating 300 new jobs. Retirement Clearinghouse, a leading name in retirement plan services, leverages innovative financial technology to simplify and streamline the process of consolidating retirement savings accounts for six million US employees. “We look […]
NC has 3rd most COVID-19 restrictions. Is it paying off?
Aug. 11. By Dave Yochum. North Carolina is the state with the third-most coronavirus restrictions, according to a new WalletHub study. With many states delaying the later phases of their reopening or even bringing back restrictions they already lifted due to spikes in COVID-19, North Carolina has among the most restrictions around large gatherings and […]
Harold Rice: New CEO of Ada Jenkins
By Dave Yochum. With all the affluence around North Meck it’s easy to overlook literally thousands of neighbors who live their lives on the margins. They’re even more marginalized with the COVID-19 pandemic in full swing, says Harold Rice, the new CEO of the Ada Jenkins Center in Davidson. The non-profit, which has a budget […]
Select Bank reports lower 2Q net
Aug. 6. Select Bank & Trust Co., which has a new branch in Cornelius, reported net income for the quarter ended June 30 of $681,000 with basic and diluted earnings per share of $0.04, compared to net income of $3.4 million with basic and diluted earnings per share of $0.18 for the same quarter last […]
Decision-making in a pandemic
Plan. Implement. Modify. Pause. Pivot. Regroup. Re-train. Whew! Aug. 5. Cheryl Kane. With its tumultuous impact on our environments, how do you successfully manage a business in Covid-19 times? With purposeful care and courage. Yes, the unsettling nature of turbulence slamming into our lives in so many ways sometimes makes it easy to get caught […]
McIntosh Law Firm adds elder law attorney
Louise Paglen comes to The McIntosh Law Firm in Davidson with more than 20 years of legal experience in both the private and corporate sectors. Her practice areas include estate planning, Medicaid planning and asset protection, guardianship, probate, and estate administration. Paglen is a member of the North Carolina Bar Association Elder Law and Estate Planning […]
HomeTrust says COVID-19 affected net
HomeTrust Bancshares, holding company of HomeTrust Bank, today announced preliminary net income for the fourth quarter and fiscal year of 2020, approval of its quarterly cash dividend, and its updated response to the COVID-19 pandemic. For the quarter ended June 30, 2020 compared to the corresponding quarter in the previous year: net income was $3.6 […]
Project planned for prime commercial property in Cornelius
July 30. By Dave Vieser. Developer Jake Palillo is proposing a 252 unit multi-family complex along with retail and commercial on the White House Garden property adjacent to the Wher-Rena Boatland on West Catawba Avenue. The proposal went before the Cornelius Pre Development Committee this week. There may be some rough water ahead. “This may […]
