Business
Be the leader who surprises your team
Leading with Grace By Ginny Mackin. Max Goodwin, the fictitious medical director on “New Amsterdam,” is terminally optimistic. He jogs the halls of the hectic TV hospital looking for opportunity and purpose. “How can I help?” is his mantra. How can he help the burned-out emergency room docs who are working accident victims? How can […]
SOLD OUT: Economic Outlook/Newsmakers Breakfast Dec. 13
Two top-ranking business leaders—one a nationally known economist, the other a nationally regarded CEO—will be the featured speakers at the Newsmakers Breakfast Dec. 13 at The Peninsula Club. The Q&A over breakfast will focus on regional and national trends in the economy. Mark Vitner is the managing director and senior economist at Wells Fargo Securities, LLC, where he […]
FDIC data shows bank deposits soared in Cornelius, Huntersville
By Dave Yochum. New market share reports from the Federal Deposit Insurance Corp. show big gains in bank deposits in North Mecklenburg, particularly in Cornelius and Huntersville. Between June of 2015 and June of 2019, deposits in Huntersville soared 56.7 percent to $1.29 billion. In Cornelius deposits rose 35.9 percent to $1.098 billion. Davidson banks—there […]
For sellers around LKN, upward climb continues
Dec. 10. By Dave Yochum. Here’s something new for Charlotte residential real estate: We were among the Top 3 US cities in terms of highest year-over-year gains in home resale prices. Charlotte real estate has not been prone to the stunning rises or declines in the past. After a long period of decelerating price increases, […]
New office suite product offers flexibility, image
Dec. 10. Commercial real estate office brokers say the open floor plans, entrepreneurial tenants and flexibility of co-working space encourages collaboration and connections with like-minded professionals. A recent Yardi Matrix report found that co-working spaces grew almost 62% in the top 20 office markets from 2017 to 2018. Most don’t look like offices. Co-working space […]
Don’t be a holiday HR Scrooge
Dec. 9. Business owners and managers may see increased stress levels among employees around the holidays. We all know they can be stressful, and sometimes the stress shows up at work. You might not have any control over what happens at home, but you can help team members to remain focused and productive at work. […]
Puckett will file to run for his old seat next week
Nov. 25. Jim Puckett says he will file next week to run for his old seat on the Mecklenburg County Board of Commissioners. He lost his bid for re-election in November of last year. “In less than a year of governance we have seen a budget that was formed under illegal processes, a singular tax […]
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 […]
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 […]
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 […]
