Business
Aquesta 3Q net soars 43%
Oct. 15. Aquesta Financial Holdings reported third quarter net income rose 43% to $1 million from the same year-ago period. “We experienced another quarter of exciting growth in earnings, core deposits and loans. Our annualized 37.1 percent growth in core deposits continues to demonstrate our employees’ dedication to serving our customers and the community at-large,” said […]
Top Women event honors achievers
By Katie Sherman. Twenty women with exceptional backgrounds, backbones and positive attitudes will be honored at Business Today’s Top Women Champagne Reception & Mini Business Expo Oct. 17 at River Run Country Club. Winners will be announced at the event, and in the November edition of Business Today. Twenty-five percent of this year’s nominees identified […]
2 Cornelius finance execs sued by SEC
Oct. 11. UPDATE 5:30 pm. By Dave Yochum. Two Cornelius financial executives have been charged with fraud by the Securities and Exchange Commission. The SEC says Marlin Hershey and Dana Bradley fraudulently raised nearly $6 million from investors, some of whom were family and friends. The SEC’s complaint, filed in U.S. District Court in Charlotte, […]
LKN Biz Expo: Networking in a digital world
Oct. 10. The Lake Norman Chamber of Commerce Business Expo is under way right now at the Huntersville Recreation Center. In a digital world, there is room for old-school analog—and dialog. This particular B2B expo—which runs until 5 pm—has held its own since the very first year when Chamber CEO Bill Russell asked a Cornelius […]
Ice cream franchises aren’t just desserts
Oct. 9. Ice cream franchises are hot and it’s not just this year’s prolonged heat. Andy’s Frozen Custard will open a new location in a 48,000 square foot shopping center in Cornelius to be known as Catawba at Knox. The Missouri-based chain has some four dozen locations in eight states. The 48,225-square-foot shopping center on […]
New EVP at Uwharrie Bank
Stafford Kelly is the new executive vice president and senior relationship manager at Uwharrie Bank. The new EVP will be responsible for developing, leading and executing growth in both new and existing commercial relationships throughout the Charlotte region. CEO Brendan Duffey said Kelly is a rising star in Charlotte’s commercial banking landscape and an “excellent” […]
Champagne Reception & Expo at River Run Oct. 17
The 15th Annual Top Women Champagne Reception & Mini Business Expo Oct. 17 at River Run Country Club is one of the oldest and largest events honoring women in Lake Norman and Cabarrus County. Prior winners judged the nominees—a diverse group, ranging from small business owners and developers to real estate executives and artists. We […]
Regional economic outlook remains bright
By Dave Yochum. Despite devastating hurricanes and uncertainty around international trade, the regional economy appears to be going strong as we approach the final quarter of 2019. The Charlotte region—home to a growing array of financial and technology firms—is driving much of the state’s growth, which is increasingly concentrated in professional and business services, financial […]
Mooresville mixed-use project takes aim at Millennials
By Dave Vieser. Downtown Mooresville is experiencing a major comeback. Stores that were vacant have new tenants, and more business have their sights set on the “authentic” business district that already has elements of place-making, multiple uses and an utter lack of sterile, dehumanized space. An $18 million apartment and commercial building is planned on […]
Burke-Samson’s bakery has opened in Davidson
Justin Burke-Samson, the manager of the Davidson Farmers Market, has opened a bakery called Bonjour Y’all next door to the Kindred restaurant where he was previously executive pastry chef. Bonjour Y’all replaces Gateau on Main Bakery and Dessert Bar in 700 square feet downtown. Gateau on Main closed in early August. The menu and environment […]
