By Dave Yochum. A memo sent to investors in an LLC related to Mooresville-based Carolina Beer & Beverage and its founders says claims in a lawsuit brought by 18 former investors “are absolutely 100 percent false.” In the memo, the entrepreneur behind CB&B said the disgruntled shareholders’ complaints only came to light in November, more […]
Jan. 2. NC regulators, community groups and Duke Energy have agreed to a plan to permanently close the company’s remaining nine coal ash basins in the state, primarily by excavation with ash moved to lined landfills over the course of 10 to 15 years. The agreement is a “reasonable and prudent” plan for basin closure, […]
American shoppers shelled out $9.4 billion on Cyber Monday, setting a new spending record, almost 20 percent more than last year. Cybersecurity is a growing concern as the Christmas shopping season gets under way in record fashion. Cybercriminals used a third-party vendor’s stolen username and password to break into a retailer’s systems and steal millions […]
The newest member of the NCGOP Hall of Fame is Huntersville Mayor John Aneralla. Now in his third term, he started helping Republican candidates in Mecklenburg County over 25 years ago. “I didn’t do it for the recognition rather to make the area I lived in a better place,” the investment advisor said. “Hopefully, through my […]
Growth Strategies By Cheryl Kane. It can be a good feeling to look at year-end revenue and see a comforting level of sales. It may bring a satisfied sigh of accomplishment; and it generally should. But do you really know what the numbers tell you? Can you interpret financial statement numbers into meaningful information that […]
The McIntosh Law Firm LKN Hometown Hero awards for 2020 are getting under way. They recognize people who go above and beyond with no expectation of anything in return. The Davidson law firm will recognize those who are passionate about giving back, often behind the scenes. Four winners will be selected, January through March. Once […]
By Dave Vieser. When Brett Krueger left his job as VP at Miami based MRK Investments, one of the first projects he dreamed of pursuing was a resort hotel on Lake Norman. “For a region where lake activities are such a major part of life, the lack of a high-quality lodging facility right on the […]
Dec. 18. Cataler North America, a major manufacturer of catalysts for automobiles and engines, will spend $42 million on a new manufacturing plant in Hickory, creating 151 jobs. Cataler North America is a wholly-owned subsidiary of the Cataler Corp., a Japanese-based firm that operates seven plants across the globe. Cataler North America, established in 2002, […]
Dec. 17. Microsoft Corp. will invest $47.5 million and add 500 new jobs in the Wake County town of Morrisville, just west of Raleigh. This comes on top of an expansion announced in Charlotte that will create 430 jobs with a $23 million investment. “When tech giants choose North Carolina, they join a thriving […]
OPINION. Dec. 18. Former Mecklenburg County Commissioner Jim Puckett sent this letter to Mayor Vi Lyles and Charlotte City Council Dear Mayor, Council members: I am writing in hopes you will reconsider investing in Major League Soccer. I would propose a more impactful and prudent investment. I believe the better and more inclusive of those […]