Newsroom
Charlotte ranks third among best cities to start a business
April 23. According to a new report from WalletHub on 2024’s Best Large Cities to Start a Business, Charlotte was No. 3 nationwide, ahead of bustling cities like Miami (No. 5), Atlanta (No. 6) and Raleigh (No. 11). WalletHub compared 100 cities across 19 key indicators of startup viability, including five-year business-survival rate, labor costs […]
Analysis: Why jobs are increasing
April 22. By Mike Walden. The American job market just seems to keep rolling on. The recently released March labor market report showing 300,000 net additional jobs in the country was significantly above economists’ expectations. Employers seem to be ignoring concerns about high interest rates, continuing inflation, recession, foreign wars and domestic political uncertainty, and […]
NC jobless rate was 3.5% in March
April 22. The NC Dept. of Commerce says North Carolina’s seasonally adjusted unemployment rate in March was 3.5 percent, unchanged from February’s revised rate. The national rate decreased 0.1 of a percentage point to 3.8 percent. However, the state’s unemployment rate increased 0.2 of a percentage point from a year ago. The number of people […]
Mecklenburg New Corporations
April 19. These businesses have registered with the North Carolina Secretary of State. Cornelius 2/16/24 Brocx LLC, Julie Lyn Goss, 20552 Harbor View Dr., Cornelius 2/16/24 Cold Pepper Construction LLC, United States Corporation Agents Inc., 19215 Chandlers Landing Dr. Apt. 307, Cornelius 2/17/24 MMM Enterprises LLC, Shannon Mary Monaghan, 18732 Ronceverte Dr., Cornelius 2/20/24 Don’t […]
NC among best for number of accounts in collection
April 16. Good news for creditors: North Carolina ranks 46th among all 50 states by number of accounts in collection. This, according to a new WalletHub study. —Average number of collection accounts per resident in collections: 2.53 —Average balance per collection account: $1,261.77 Wyoming is the state with the most collection accounts, with an average […]
FUJIFILM Diosynth Biotechnologies expansion means 680 new jobs
April 14. FUJIFILM Diosynth Biotechnologies North Carolina will invest $1.2 biillion in its biopharmaceutical manufacturing facility in Holly Springs. It means 680 jobs for Wake County, and, over the course of the next12 years, $4.7 billion for the state economy. FUJIFILM Diosynth Biotechnologies, a subsidiary of Tokyo-based FUJIFILM, develops life-saving products, such as recombinant proteins, […]
New family owned business opening in Cornelius
April 12. Jason Benavides. In 2018 a Denver, NC family moved their homemade acai bowls operation into a 6-foot by 6-foot trailer and Palm Berries was born. With locations in Denver and Mooresville, Palm Berries will host the Cornelius grand opening this Saturday, April 13, from noon to 6 pm. Be one of the first […]
LKN Economic Development expo for non-profits
April 9. Lake Norman Economic Development (LNED) will hold it inaugural non-profit expo, “Connecting Our Communities,” May 14 at the Redline Facilities located at Birkdale Point. The event aims to foster collaboration and engagement between local non-profits, businesses and community members. Event Details Date: May 14 Time: 11 am to 2 pm Location: 8935 Northpointe […]
Hot Properties: Million-dollar deals
April 9. Recent home sales in excess of $1 million. $3,750,000 William & Judy Wahl to Bart & Gina McGowan, 18147 Peninsula Cove Lane, Cornelius $1,750,000 Kimberly & William Yingst III to Miron & Anne Marcotte, 13520 Evening Primrose Drive, Davidson $1,690,000 Alice Garrick to Patrick & Britney Gove, 18801 Maplecroft Lake Lane, Davidson $1,640,000 […]
WalletHub says NC jobless claims fell nearly 16% last week
April 5. The unemployment situation in North Carolina is improving, with last week’s jobless claims 15.69 percent lower than the previous week and 22.50 percent lower than last year, according to WalletHub’s new report on state-by-state report on where unemployment claims are increasing the most. Unemployment-wise North Carolina came in 46th out of 50 states, […]
