Business
NC jobless rate at 3.7%, unchanged from October
Dec. 23. North Carolina’s unemployment rate was 3.7 percent in November, unchanged from October, while the national rate increased 0.1 of a percentage point to 4.2 percent. The jobless rate increased 0.1 of a percentage point from a year ago. Details The number of people employed decreased 1,747 over the month to 5,065,649 and increased […]
Birkdale Village owners presented expansion plans at community meeting last night
Dec. 17. By Dave Yochum. Jamestown, the owner of landmark mixed-use projects around the world, met residents around Birkdale Village at Community in Christ Lutheran Church last night. The new owner of Birkdale Village hopes to gain approval for a previously denied rezoning request that would allow a 100-foot-tall office, 150 apartments, a hotel, two […]
Huntersville new corporations–November
Dec. 13. These businesses have registered with the North Carolina Secretary of State. 11/1/24 Porter Capital Group LLC, Gregory Perreault, 7115 Asbury Village Ln., Huntersville 11/1/24 Rent with Ryan LLC, Ryan Flynn, 16026 Rushwick Dr., Huntersville 11/4/24 Dioli LLC, Manish Verma, 13420 Reese Blvd. W., Huntersville 11/4/24 JSC Electric LLC, United States Corporation Agents Inc., […]
Birkdale Village lands prestigious international award for retail- and mixed-use projects
Dec. 12. By Dave Yochum. The International Council of Shopping Centers has recognized newly reimagined Birkdale Village with the Gold ICSC Global Design & Development Award. It is one of only eight retail and mixed-use properties around the world to be recognized by the prestigious trade association. Others include the Lovi Center in China’s Xi’an […]
Davidson New Corporations
Dec. 9. These businesses have registered with the North Carolina Secretary of State. 10/16/24 Vino South LLC, Robert Maynard, 445 S. Main St. 3rd Floor, Davidson 10/29/24 Vatsin LLC, Seshuvardhan Nuthakki, 10910 Adair Woods Dr., Davidson 10/29/24 Wind River Range Holdings LLC, Travis Geisler, 20645 Avoca Ln., Davidson 10/31/24 Harrison Consulting International LLC, Laurie K. […]
Piedmont Natural Gas lands top spot in JD Power ranking
Dec. 5. Piedmont Natural Gas landed the No. 1 spot in customer satisfaction in the new J.D. Power Gas Utility Residential Customer Satisfaction Study of large residential natural gas companies in the South. It’s the third year in a row that PNG was No. 1 among eight in the South. Charlotte-based Piedmont earned top rankings […]
Amgen will invest additional $1 billion in NC, adding 370 jobs
Dec. 5. Amgen Inc., the biotech giant, will expand its biologics manufacturing operation in Holly Springs, creating 370 jobs. The company intends to invest $1 billion in Wake County. This brings the company’s total planned investment in Holly Springs to more than $1.5 billion, building on its previously announced $550 million commitment. Quotable —“North Carolina […]
You decide: Will prices decline?
Dec. 3. By Mike Walden. [Analysis] During the presidential campaign, both major candidates promised to lower prices if elected. Now that the election is over, will President-elect Trump be able to fulfill that promise? Background Before I address the question, let me remind you of some important terminology. There is a big difference between “inflation […]
Meck County jobless rate rose slightly in October
Dec. 2. The Mecklenburg County unemployment rate rose slightly in October, to 3.3 percent, from 23.1 percent in September. Mecklenburg’s October rate was unchanged from one year ago. Unemployment rates increased in 91 counties statewide in October, decreased in three, and remained unchanged in six. The not seasonally adjusted statewide rate was 3.6 percent. For […]
RXO will add 216 new jobs
Noov. 27. RXO, a high-tech freight transportation broker, is investing $13.7 million more in its Ballantyne operations. It means 216 new jobs over the next several years. RXO focuses on tech-enabled brokered transportation. With proximity to key interstates, rail andd an international airport, Charlotte offers a primo environment for a broker of full-truckload freight. RXO’s […]
