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NC jobless rate flat at 3.5%; national rate is 3.9%

March 22. The state’s seasonally adjusted February 2024 unemployment rate was 3.5 percent, unchanged from January’s revised rate. The national rate increased 0.2 of a percentage point to 3.9 percent. North Carolina’s unemployment rate increased 0.1 of a percentage point from a year ago. The number of people employed increased 3,135 over the month to […]

EnergyUnited lands award

March 21. Statesville-based EnergyUnited has landed an Energage 2024 Top Workplaces USA award. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations with more than150. Over 42,000 organizations were invited to participate; winners were chosen based on employee feedback. The electricity cooperative has four […]

Quest announces strategic acquisition of CenterPoint

March 1. Quest (www.questnow.net), a leading financial consulting, mergers and acquisitions firm based in Davidson, has announced a strategic merger with CenterPoint CFO, a boutique financial consulting firm specializing in outsourced CFO and Controller services. The combined entity will offer a comprehensive suite of financial services for the entire growth cycle.

Six Work co-working space opens in Cornelius

Feb. 20. There’s a new business in town: Six Work co-working office space offers professional work settings for solo workers and teams as large as 20 people. Six Work has 9,500 square feet of office space in Kenton Place with membership options for people ready to move out of either a home office or traditional […]

United Bank reports earnings

Jan. 26. United Bankshares, Inc. (NASDAQ: UBSI)  today reported earnings for the fourth quarter of 2023 of $79.4 million, or $0.59 per diluted share. Fourth quarter of 2023 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.08%, 6.70% and 11.27%, respectively. United has branches in Denver […]

Davidson home sales

Dec. 12. These property transactions were recorded by the Mecklenburg County Register of Deeds. 10/25/2023 $683,000 HC Davidson Walk to Luis Castellanos Torres & Ana Castellanos, 506 Belews Rd. 10/26/2023 $668,000 HC Davidson Walk to The Carlson Living Trust, 747 Beaty St. 10/30/2023 $1,290,000 Ryan & Jennifer Ross to Andrew & Cheryl Yeh, 19523 Overleaf […]

Apple store opens Dec. 14

Dec. 5. The Birkdale Village Apple store will open at 10 am on Dec. 14 in the old Pier One space at the corner of Townley and Lindholm. It replaces the Apple store in Northlake Mall which closed without warning in early March 1 in the wake of three shooting over a short period of […]

Atrium ‘community benefit’ nearly $3 billion

Nov. 27. Charlotte-based Atrium Health annual “community benefit,” which includes free and discounted care for low-income patients, under-compensated care for those on Medicare and Medicaid and costs related to medical research—grew to $2.8 billion during 2022. It was the highest-ever amount for Charlotte-based Atrium Health, which is building a hospital in Cornelius. Atrium Health is […]

Mecklenburg New Corporations

Nov. 14. These businesses have registered with the North Carolina Secretary of State. Cornelius 9/18/23 427 Commerce LLC, Sean M. Whelan, 21422 Baltic Dr., Cornelius 9/18/23 Aurora Rae LLC, Eileen O’Neill, 19825-B N. Cove Rd. #1002, Cornelius 9/18/23 Fifth and Poplar Miller Sparks LLC, United States Corporation Agents Inc., 21548 Lake Point Ln., Cornelius 9/18/23 […]

Sen. Vickie Sawyer recognized by NC Chamber

Nov. 14. The NC Chamber named NC Sen. Vickie Sawyer (R-Iredell, Mecklenburg) a “Jobs Champion” in its 2023 “How They Voted” report, which details state legislators’ voting records on bills that support North Carolina’s position in the global race for jobs. Cornelius is represented by two state senators: Sawyer on the west side and Natasha […]