Business
Charlotte Venture Challenge looking for promising start-ups
Feb. 23. The 14th annual Charlotte Venture Challenge, in partnership with the Southeast Venture Conference, is looking for young companies seeking to connect with venture investors. Applications are due by March 3. The Charlotte Venture Challenge is the Southeast’s largest start-up competition, annually attracting over 100 ventures that compete for investor attention and customer discovery opportunities […]
Mr. Chairman: Steve Morris brings teamwork to Cabarrus politics
By Dave Friedman. After a period of gridlock, in-fighting, and nastiness that extended beyond the meeting rooms of the Cabarrus County Board of Commissioners, 2015 provides an opportunity for the newly cohesive and well-mannereded group to focus on projects that help the community. Commissioner Steve Morris is ecstatic about the new cooperative culture, but recognizes that […]
Uwharrie reports higher net income for 2014
Feb. 18 Uwharrie Capital Corp net income for the year ended Dec. 31, 2014, rose 76 percent to $1.68 million vs. $954,000 for the same period in 2013. For the full year, net income available to common shareholders was $1.09 million compared to $151,000. Total assets at year end reached $518.5 million.
Marcus Smith new CEO of Speedway Motorsports; dad is executive chairman
Feb. 12. The board of directors for Speedway Motorsports has named O. Bruton Smith as executive chairman and his son Marcus G. Smith as chief executive officer in a realignment of executive officers. O. Bruton Smith, 87, who has served as chairman and chief executive officer since Speedway Motorsports, Inc.’s initial public offering in 1995, […]
Newsmakers Breakfast Feb. 19 features N. Meck commissioner
Jim Puckett, the new Mecklenburg County Commissioner for District 1/North Mecklenburg, will speak at Business Today’s Newsmakers Breakfast Thursday Feb. 19 at The Peninsula Club in Cornelius. Puckett is a serious player in Mecklenburg County politics. The Huntersville Republican pulled off a comeback for his old District 1 seat back in November, after former Commissioner […]
Land recording online in Cabarrus; demonstrations Wednesday
Feb. 10. A new service called Simplifile will bring e-recording capabilities to the Cabarrus County Register of Deeds, which logs and records some 30,000 land documents annually. Cabarrus began processing land records electronically late last year, along with other vital records, such as birth, death and marriage certificates which were already electronic. Cabarrus County Register of […]
Co-founder leaves Boatsman Gillmore Wagner, firm changes name
Feb. 9. There are some big changes at the former Boatsman Gillmore Wagner CPA firm. Dale Gillmore, a partner in the firm, has left to form a management consulting firm, Make An Impact Consulting. Meanwhile, the new name of the CPA firm is BGW CPA. BGW, which has offices in Huntersville and Charlotte, has expanded […]
Rack Room Shoes promotes pair
Feb. 6. Charlotte-based retailer Rack Room Shoes has promoted two employee within the retailer’s buying and store operations teams. Associate Buyer Laryssa Grant will assume an expanded position with buying responsibilities in men’s, women’s and children’s slippers. Additionally, the company also named Kevin Stimson as the new director of store operations and training.
Lenoir County farmer receives award from NC Sweet Potato Commission
Feb. 6. The North Carolina Sweet Potato Commission has given its highest honor to a Lenoir County farmer. It was sweet news for Kendall Hill who grew up on a family farm in Lenoir County, where sweet potatoes have always been an important crop. Each year the North Carolina SweetPotato Commission selects a member in […]
Commercial real estate loans ‘much improved’
By John Rehkop. Fundamentals for the commercial mortgage market continue to improve as the number of delinquent loans is on the decline and the banks loosen the reins on lending. According to commercial real estate research firm Trepp LLC, commercial mortgage delinquency rates in the Charlotte market have dropped for 12 consecutive months from 7.62 percent […]
