Newsroom
Premium furniture and decor retailer coming to Birkdale Village
Nov. 2. Arhaus, a premium home furnishings retailer, has signed a lease with North American Properties (NAP) for a new location in Birkdale. The rapidly growing lifestyle brand sells heirloom quality furniture and décor that is “sustainably sourced, artisan crafted and built to last.” The new Birkdale Village location will be an Arhaus Studio, a […]
Toyota investing $8 billion and creating 3,000 new jobs in NC
Oct. 31. Toyota has announced plans to invest an additional $8 billion in its electric battery manufacturing site in Randolph County, including hiring another 3,000 employees. Toyota’s total investment in the Randolph County site is approaching $14 billion and more than 5,000 jobs. “North Carolina’s transition to a clean energy economy is bringing better paying […]
8 area colleges hold job, graduate school fair Nov. 2
Oct. 31. Johnson & Wales University, along with seven other private colleges and universities, will host more than 50 graduate schools and employers Nov. 2. The event, which runs rom 11 am to 1 pm, will give students a chance to learn more about job opportunities and graduate school admissions. The Career Consortium of Metrolina […]
United Bankshares reports 3Q earnings
Oct. 25. United Bankshares Inc. reported third-quarter earnings of $96.2 million, or $0.71 per diluted share, as compared to earnings of $92.5 million, or $0.68 per diluted share, for the second quarter of 2023. Earnings for the third quarter of 2022 were $102.6 million, or $0.76 per diluted share. “Third-quarter results saw accelerated growth and […]
Unemployment post-COVID: NC is about in the middle of the pack
Oct. 24. September’s national jobs report showed above-average increases in hiring over the past month. The economy gained 336,000 non-farm payroll jobs, exceeding the average monthly gain of 267,000 over the past 12 months. In September, there were notable gains in sectors including leisure and hospitality, government, health care, professional, scientific, and technical services and […]
Norfolk Southern opens door for discussions on O Line
Oct. 20. By Dave Yochum. Norfolk Southern says it is “willing to consider” discussing opening the O Line to commuter rail between Charlotte and Lake Norman. “We have not decided upon what form such a transaction might take, whether an outright sale of the O Line or some variant of a lease,” Norfolk Southern chief […]
NC unemployment rate at 3.4%; US at 3.8%
Oct. 20. The state’s seasonally adjusted unemployment rate in September was 3.4 percent, a slight increase of 0.1 percent from August’s revised rate. The national rate remained unchanged at 3.8 percent. However, North Carolina’s unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 14,985 over the month […]
$18 million ‘next generation’ renovation under way at The Peninsula Club
Oct. 19. Greenville, SC-based Beau Welling Design (BWD) has started an $18 million renovation of the golf course and facilities at The Peninsula Club. The project is expected to be completed in a year. “After a couple of years of planning and preparation, we are excited to break ground on a project that will create […]
Huntersville CEO is the first female chair of NC Private Protective Services Board
Oct. 18. Tamara Rabenold, CEO of Huntersville-based Vaudra International, is the new chair off the NC Private Protective Services Board. A licensed private investigator since 2004, she is the first woman to serve as chair since the noard was created 50 years ago. The PPSB is under the Department of Public Safety and helps regulate […]
Arts in Mecklenburg: A $453 million industry
Oct. 17. The Arts & Science Council (ASC) says Charlotte-Mecklenburg’s nonprofit arts and culture industry generated $453.8 million in economic activity in 2022. According to data compiled by Americans for the Arts/Arts & Economic Prosperity 6, there was $217,865,355 in spending by nonprofit arts and culture organizations last year. Audiences spent $235,934,800 in event-related activities, […]
