Newsroom

Newsroom has written 2678 posts for Business Today

Charlotte, 5 towns draft legislation for sale tax increase that would fund transit

Aug. 12. Mecklenburg County, the City of Charlotte, and all but one of the towns within Mecklenburg County are moving toward draft legislation for a countywide referendum on a 1 percent local sales tax that would fund transit projects like the Red Line. The draft legislation would also establish a regional transit authority. Matthews is […]

David Judge is Senior VP at Crescent Health Solutions

Aug. 9. David C. Judge, the pastor of First Baptist Church in Cornelius, has returned to the health insurance industry as Senior Vice President, Strategic Business Development for Crescent Health Solutions, a not-for-profit third-party administrator of employer health plans based in Asheville. He is working remotely from his home in Cornelius while still working as […]

County Manager Diorio will retire next year

Aug. 8. Mecklenburg County Manager Dena R. Diorio will retire effective July 1, 2025. A groundbreaker when she was hired as Mecklenburg County’s first female County Manager in 2013, she started in 2007 as CFO, steering the county through the economic crisis of 2008. She helped maintain the much-coveted AAA bond rating, which was transformational […]

New CEO at Peoples Bancorp

Aug. 1.Bill Cable will be the new president and CEO of Peoples Bancorp of North Carolina effective Sept. 19, in advance of the retirement of Lance Sellers in early 2025. Cable joined Peoples Bank in 1995 and has served in several executive positions including COO responsible for executing strategy across the organization. The Western Carolina […]

where high-earning households are moving

Where high-earning households are moving

July 31. When high earners move, they take their money with them. And because their budgets are much larger than most of the population, they can have an outsized effect on the local economy. Thus, states that attract high-earning households can gain an economic advantage over others. Many factors could drive high earners to move […]

home-sales house appreciation

New Allen Tate program aims to make homeownership more affordable, accessible

July 31. Allen Tate Realtors has launched “Buy & Borrow Bundle,” a program designed to offer significant savings and convenience for homebuyers. Buy & Borrow Bundle combines mortgage and real estate services, providing a seamless and cost-effective home buying experience that makes homeownership more affordable. Homebuyers who sign an Exclusive Buyer Agency agreement with Allen […]

NC jobless rate, not seasonally adjusted, at 4.1%

July 30. Unemployment rates increased in 98 of North Carolina’s 100 counties in June 2024 and remained unchanged in two, according to the NC Dept. of Commerce. Scotland County had the highest unemployment rate at 7.0 percent while Buncombe County had the lowest at 3.2 percent. All 15 of the state’s metro areas experienced rate […]

Learn Music launched in 2014

Events of note: Cornelius music school celebrates 10 years in August

July 29. Learn Music, a Cornelius-based music instruction school, is observing its 10th anniversary in August. Founded by Cornelius native Adam Wilson, the studio has taught over 2000 students of all ages, supported over 75 music students through their partnership with the Cain Center, hosted over 60 recitals, and organized 31 concerts for their student […]

Hire Ed: Lowe’s Foundation announces grant for skilled trades education

July 29. Central Piedmont Community College received a $1 million grant from the Lowe’s Foundation to grow its skilled trades certifications, expand the college’s reach in Mecklenburg County, and undertake renovations. Infrastructure support also includes renovating lab space and bringing mobile learning cottages to other campuses and into the community. The mobile learning cottages will […]

Did COVID permanently change the labor market?

July 26. By Mike Walden. [Analysis] I doubt that anyone alive during the COVID pandemic will forget it. Many of us are reminded of it every day. Certainly, many remember being ill, or mourn friends or family who passed due to the disease. We still see people wearing masks, and this time of year we’re […]