Newsroom
Gov. Cooper looking for NC manufacturers to ramp up critical med supplies
May 13. North Carolina is working with local manufacturers to shift their production to make critical medical supplies. The NC Task Force for Emergency Repurposing of Manufacturing (TFERM) aims to increase the amount of protective gear made here. “North Carolina has a long history as a leader in manufacturing and innovation, and I’m proud that […]
Aquesta shareholders to meet June 23 at HQ
May 12. Aquesta Financial will hold its annual shareholders meeting at 5 pm June 23 at the headquarters building on Jetton Road in Cornelius. Most of the executives and board members will call in to the meeting. Aquesta normally only has a “few attend so don’t anticipate an issue but if we for some reason […]
Do you need to pivot your business? Learn how with PitchBreakfast
May 12. PitchBreakfast is hosting the Pitch Your Pivot Challenge via Zoom tomorrow May 13 at 8:45 am to support local entrepreneurs and small businesses. The Pitch Your Pivot Challenge is an opportunity for founders to share how they are adapting to the current crisis—and win some funding. There is more than $5,000 being awarded […]
Virtual visits will transform healthcare, including real estate
May 12. An unexpected side effect of the COVID-19 pandemic has been a surge in utilization of technological advances. Virtual technology lets patients receive care without setting foot in a hospital or doctor’s office – and without risking exposure to the coronavirus. “COVID-19 will radically change healthcare faster and more drastically than Sept. 11 altered […]
Atrium offers new COVID-19 testing for employers
May 11. Atrium Health is now offering COVID-19 testing for employers and organizations, as well as antibody testing across the Charlotte region. More businesses open at 5 pm today with some employees at previously non-essential businesses trickling back to work. Known as COVID-Safe, the Atrium testing can help businesses reopen faster with employee screening and […]
Uwharrie earnings rise, but sets aside $632,000 for possible COVID-related loan losses
May 9. Uwharrie Capital Corp., parent of Uwharrie Bank, reported consolidated total assets rose to $674.7 million at March 31, vs. $656.8 million at year-end 2019. First-quarter earnings from operations before income tax and loan loss provisions reached $1 million, up $285,000 from the same year-ago period. Because of the increased risk and uncertainty associated […]
NC 6th worst impact from COVID-19 unemployment—WalletHub
May 8. To identify which states’ workforces have been hurt most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. The most impacted states range from Florida (the worst) to North Carolina (No. 6) to Montana (least effected). The average state unemployment benefit in North Carolina […]
Makes sense: Social engagement online hits all-time high
May 8. Ad impressions served on Facebook were up 39 percent in Q1, with the average price per ad down 16 percent, according to Jeremy Anspach, CEO of PureCars, a digital marketing platform for the automotive industry. More interesting data: —More than 700 million daily active participants making calls on Messenger and WhatsApp. —More than […]
Charlotte 2020 Host Committee finance chair appointed Postmaster General
Louis DeJoy, the national finance chair for the Charlotte 2020 Host Committee, will become the new Postmaster General of the United States. The long-time Republican fundraiser will start the new job in June. The Greensboro resident is president of LDJ Global Strategies, a real estate, private equity, consulting, and project management company. Prior to founding […]
COVID-19 affects bank’s annual meeting
KS Bancorp Inc. , parent company of KS Bank in Smithfield, is limiting the number of shareholders that will be permitted to physically attend the annual meeting May 14. Of course, it’s all due to COVID-19 and physical distancing. The meeting, which will start at 7 p.m., will be open on a conference call to […]
