Recent Posts
Despite false starts, are autonomous vehicles on the road to acceptance?
It’s 2029 and you’re sound asleep cruising at 75 mph to a mountaintop getaway in your first autonomous vehicle, a Jaguar XJ, which looks futuristic and classic all at the same time, and performs beautifully, thanks to Tata’s brilliant designers and programmers in India where most of the population practices Hinduism. Suddenly there’s a cow […]
Tricia Sisson will chair LKN Chamber this year
A name from Cornelius business and local GOP politics will be front and center at the Lake NormanChamber of Commerce in 2019. Tricia Sisson, who ran for Cornelius Town Board in 2017, will officially take over the chamber’s volunteer reins on Friday. The chamber has close to 900 members, about the same as 2017. “Our […]
Carolina Trust completes acquisition of Clover Community
Jan. 9. Carolina Trust Bank has completed its merger with Clover Community Bankshares, resulting in a $600 million banking company headquartered in Lincolnton. The $21 million acquisition of South Carolina-based Clover Community was announced in June last year. Jerry L. Ocheltree, president and CEO of Carolina Trust, said the same employees that served Clover customers […]
New valuations: Ringing in the new year with a loud gong
Jan. 9. By Dave Yochum. The go-go housing market has been great news for sellers in Lake Norman for years. But now, for owners, the tax man cometh. Quickly appreciating values, up 5 percent from October of 2017 to October of 2018, according to Case-Shiller, will be reflected in new valuations coming from Mecklenburg County […]
Market volatility creates ups and downs for financial advisors
“During such scary periods, you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy. It will also be unwarranted. Investors who avoid high and unnecessary costs and simply sit for an extended period with a collection of large, […]
Does Kindred’s score reflect expansion challenges more so than food safety?
Jan. 7. UPDATED. Span of management is said to be behind Kindred’s score of 88 from the Mecklenburg County Health Dept. Restaurant owners Joe and Katy Kindred’s first venture outside of Davidson, Hello Sailor, opened in Cornelius a little over a year ago. Since then, the owners have had their hands full operating two […]
Continuum doubles some internet speeds
Mooresville-based Continuum is increasing internet speeds for its residential customers by up to 100 percent, while at the same time keeping monthly service rates level. The new broadband speeds help position Continuum as one of the most competitive providers in the market. The company, which serves Mooresville, Davidson and Cornelius, also introduced “Ultimate Broadband” which […]
Land sale highlights trends in churches, real estate
By Dave Yochum. NC Homes Associates plans to build 110 age-restricted living units on property purchased from a church blessed with abundant property in Cornelius. The development company is paying roughly $1 million for 8.45 acres of land owned by Mt. Zion United Methodist Church. There are 100 condo units, each up to 1,700 square […]
Tar Heel tech: IT jobs grow without Amazon
By Erica Batten. When Amazon announced its choices for two new headquarters locations, more than 200 cities that were not New York and Arlington, but had submitted proposals, were left wondering where they came up short. Raleigh, one of the cities that applied, was also the only North Carolina metro area in Amazon’s 20 finalists. Not […]
Will economic boom continue in 2019?
Dec. 17. By Erica Batten. The economic outlook is very positive right now and into the new year—especially for Charlotte. Wells Fargo economist Charles Dougherty, who spoke at the November Newsmakers Breakfast hosted by Business Today, said, “Things are really good right now.” GDP growth is at 3 percent, there have been 100 consecutive months […]
