Business

This category contains 805 posts
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Uwharrie declares 2% stock dividend

Nov. 13. Uwharrie Capital Corp. has declared a 2% stock dividend to be paid to common stock shareholders Dec. 9, as of the record date Nov. 25. Shareholders will receive a Direct Registration System (DRS) statement indicating the new shares gained. Uwharrie Capital and its primary subsidiary, Uwharrie Bank, reported third-quarter net income rose 50 […]

A TRAIN COULD MAKE IT FROM CHARLOTTE TO ATLANTA IN 2 TO 3 HOURS

If commuter rail is on track for Matthews, what happened to the North Line?

Nov. 12. By Debbie Griffin and Dave Yochum. As Charlotte ponders a $4 billion commuter rail between Matthews and Belmont—and a high-speed rail line between Charlotte and Atlanta is in the midst of discussion—it’s more and more clear that Lake Norman commuters are stuck with toll lanes and diminishing prospects for commuter rail. The Charlotte […]

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Jobless rate falls, in-migration to continue

By Dave Yochum. The statewide unemployment rate fell a tenth of a percentage point to 4.1 percent in September, ahead of the national rate of 3.5 percent, but metro areas like Charlotte and Raleigh are booming. Since December of 2007, Charlotte and Raleigh have both seen their job number leap 30 percent. Meanwhile, Charlotte added […]

Bill Ingram is new senior VP at HomeTrust in Cornelius

Nov. 7. Bill Ingram has joined HomeTrust Bank as Senior Vice President/Commercial Relationship Manager based in the Cornelius office. He is responsible for expanding the HomeTrust brand in Charlotte and Lake Norman, as well as cultivating new relationships with small- to medium-size businesses for the North Carolina-based bank. Ingram was formerly a commercial banker with […]

 PAPPAS: INCOMING CHAIR HAS BACKGROUND IN BANKING, SMALL BUSINESS

New chamber chair appreciates small businesses, entrepreneurs

By Dave Yochum. Richard Pappas, the incoming chair of the Lake Norman Chamber of Commerce, is steeped in small business, the driving force of any chamber. His father owned and operated several food industry business in Charlotte. “It is in my blood to connect with business owners,  thus my career of working with business owners […]

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Go ahead, hug your worst boss

Leading with Grace By Ginny Mackin. I made a big mistake in February of 1989: As the manager of media relations for NationsBank, I accepted an invitation to include then CEO Hugh L McColl Jr. in a feature on “toughest bosses.”  I was sure I could influence the reporter from FORTUNE magazine to see Hugh […]

ROBERT MCCRARY: ONE LIFE TO LIVE, AND HE CHOSE RESTAURANTS

$150K reno for new food concept in Davidson

By Dave Yochum. The Crazy Pig is not a crazy idea for restaurant entrepreneur Robert McCrary, the man behind The Egg in Davidson and a second location in Birkdale. The new restaurant and tap room will go in the former Fuel Pizza in Davidson. Originally a gas station, the cozy building will need about $150,000 […]

DAVIDSON'S CHIEF OF POLICE IS KNOWN FOR SOLVING AN 18 YR OLD COLD CASE

Chief Dunn: Managing with empathy

By Debbie Griffin. Davidson Police Chief Penny Dunn totes a toolbox full of resources that help lead the force and protect public safety, but she says a culture of caring is probably the most powerful one. Internally and externally, she wants to cultivate open dialogue and good relationships. She does it in small ways such […]

Fines start Friday, NCDOT rejects extension for I-77 Mobility Partners

Oct. 30.  I-77 Mobility Partners faces fines of $10,000 per day for each unfinished section of the I 77 toll lanes, starting Friday after the NCDOT refused to grant them an extension. Fines could run as high as $30,000 a day given the number of unfinished sections. NC Rep. Christy Clark said she is glad […]

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Microsoft announces 430 new jobs, expansion in Charlotte

Microsoft Corp. will create 430 new jobs in Mecklenburg County with a $23 million expansion in Charlotte. “The opportunity that we have to grow our base and our talent in North Carolina is an exciting one,” said Reggie Isaac, Microsoft Charlotte campus director. “Microsoft is pleased to be empowering customers, partners, and employees in the […]

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