Business

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NCDOT meetings: Hwy. 73 widening is a step closer

Nov. 8. NCDOT is holding two public meetings to discuss Hwy. 73 improvements on Tuesday, Nov. 14 at Lake Norman Baptist Church, located at 7921 Sam Furr Road in Huntersville. Total cost:  $302 million. Five separate projects between NC 16 in Lincoln County and US 29 in Cabarrus County are planned as well as improving […]

NC gets an “F” for failing to protect citizens from speech-suppressing lawsuits

Nov. 6. North Carolina is one of17 states without a law protecting against costly, meritless, speech-suppressing lawsuits, earning it an “F” grade from the Institute for Free Speech (IFP). IFP’s new Anti-SLAPP Report Card ranks states on the basis of legal protections against “strategic litigation against public participation.” Background Beneficiaries of robust anti-SLAPP laws have […]

Michael, Alex Malyszko

Alex Malyszko joins father at Your Private Jeweler

Nov. 3. Alex Malyszko, who earned his Masters in Communication/Business Leadership from High Point University this year, has joined his father Michael Malyszko at Your Private Jeweler of Lake Norman, in Cornelius. The elder Malyszko is a master jeweler who started his first store in 1993. Alex finished his post-graduation internship at Salem Gem Lab […]

Arhaus will exceed $1 billion in revenue this year

Premium furniture and decor retailer coming to Birkdale Village

Nov. 2. Arhaus, a premium home furnishings retailer, has signed a lease with North American Properties (NAP) for a new location in Birkdale. The rapidly growing lifestyle brand sells heirloom quality furniture and décor that is “sustainably sourced, artisan crafted and built to last.” The new Birkdale Village location will be an Arhaus Studio, a […]

Rendering of Toyota facility in Liberty NC

Toyota investing $8 billion and creating 3,000 new jobs in NC

Oct. 31. Toyota has announced plans to invest an additional $8 billion in its electric battery manufacturing site in Randolph County, including hiring another 3,000 employees. Toyota’s total investment in the Randolph County site is approaching $14 billion and more than 5,000 jobs. “North Carolina’s transition to a clean energy economy is bringing better paying […]

Metrolina Career and Graduate School Fair

8 area colleges hold job, graduate school fair Nov. 2

Oct. 31. Johnson & Wales University, along with seven other private colleges and universities, will host more than 50 graduate schools and employers Nov. 2. The event, which runs rom 11 am to 1 pm, will give students a chance to learn more about job opportunities and graduate school admissions. The Career Consortium of Metrolina […]

Changes in unemployment rates | Source: WalletHub

Unemployment post-COVID: NC is about in the middle of the pack

Oct. 24. September’s national jobs report showed above-average increases in hiring over the past month. The economy gained 336,000 non-farm payroll jobs, exceeding the average monthly gain of 267,000 over the past 12 months. In September, there were notable gains in sectors including leisure and hospitality, government, health care, professional, scientific, and technical services and […]

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Norfolk Southern opens door for discussions on O Line

Oct. 20. By Dave Yochum. Norfolk Southern says it is “willing to consider” discussing opening the O Line to commuter rail between Charlotte and Lake Norman. “We have not decided upon what form such a transaction might take, whether an outright sale of the O Line or some variant of a lease,” Norfolk Southern chief […]

NC unemployment rate at 3.4%; US at 3.8%

Oct. 20. The state’s seasonally adjusted unemployment rate in September was 3.4 percent, a slight increase of 0.1 percent from August’s revised rate. The national rate remained unchanged at 3.8 percent. However, North Carolina’s unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 14,985 over the month […]

Groundbreaking for $18 million renovation at The Peninsula Club

$18 million ‘next generation’ renovation under way at The Peninsula Club

Oct. 19. Greenville, SC-based Beau Welling Design (BWD) has started an $18 million renovation of the golf course and facilities at The Peninsula Club. The project is expected to be completed in a year. “After a couple of years of planning and preparation, we are excited to break ground on a project that will create […]