Business
Personal finance: The cost of smoking
Jan. 18. Smoking can burn a nasty hole through your wallet. With the economic and societal costs of smoking totaling more than $600 billion per year, the personal-finance website WalletHub released its report on The Real Cost of Smoking by State. To encourage the estimated 34.2 million tobacco users in the U.S. to kick the […]
Business court rules for Smiths in Carolina Beer case
Jan. 17. The North Carolina Business Court has dismissed all claims against James Michael “Mike” Smith and his wife, Jennifer Smith. Mike Smith was the founder, former CEO, and majority owner of Carolina Beer and Beverage (CBB) in Mooresville, now known as Carolina Beverage Group. Background Filed in 2019 and 2020, the four lawsuits brought […]
NC is 9th best for gender pay equality, according to Lensa study
Jan. 16. Equal pay for equal work is closer to reality in some states, dramatically more so than others. New research from Lensa, a job search engine, says North Carolina is among the top 10 states for lowest gender pay gaps. North Carolina was ninth-best, according to the study, while Vermont, Maryland and California came […]
W. Catawba: Cornelius’ billion-dollar boulevard of banks
Jan. 13. By Dave Yochum. What’s with all the new banks on West Catawba? Actually there were the same number of banks in Cornelius on June 30, 2022 as there were on June 30 the year before. Fourteen. Across those 14 banks in good old 28031, total deposits amounted to $1.487 billion. That was down […]
Birkdale Village developers ask for delay on decision until next month
Jan. 12. By TL Bernthal. Birkdale Village has asked that the decision on its rezoning request be delayed until the Feb. 20 Huntersville Town Board meeting. Susan Irvin, the lawyer for applicant DDRTC Birkdale Village LLC, wrote to the town board that the applicant would like the deferral to allow time for review of the […]
Home staging service gets you ready for the big show
Jan. 11. Home staging pays off—offers are generally 5 percent higher than un-staged homes. Almost a quarter of agents nationwide say staging increases offers by more than 6 percent. That’s $24,000 on a $400,000 home. Accordingly, The Sarver Group at Keller Williams in Cornelius has invested in furniture and accessories to stage homes and add […]
New ice cream franchise coming to Cornelius
Jan. 10. By TL Bernthal. The opening date for the new Handel’s homemade ice cream franchise in Cornelius should be in mid-February, having been delayed by almost two months because of construction setbacks. Pam Alatalo, the operations manager, says that once the plumbing and electrical inspections are complete, the floor can installed—all part of the […]
LKN Chamber’s goal for diversity remains active in 2023
Jan. 5. By TL Bernthal. The Lake Norman Chamber of Commerce Diversity Council will continue in 2023 with lunch-and-learn programs and conferences with guest speakers. Last year’s three lunch-and-learn sessions focused on special needs, cultural awareness and race relations. Chamber President and CEO Bill Russell says not everyone thinks of special needs as a diversity […]
NC is No. 1 state for economic development, according to Business Facilities
Jan. 5. For the second time in three years, Business Facilities magazine has recognized North Carolina as “State of the Year” for the record number of investments in the state and jobs created. Last year Gov. Roy Cooper announced a record number of over 28,300 jobs and CNBC ranked North Carolina as the top state […]
Construction on the Sunset Cove lake-front resort could start this year
Jan. 5. By TL Bernthal. Developer Brett Krueger announced the last hurdle for Sunset Cove has been take care of, allowing plans for a lakefront boutique hotel, restaurant and 283 multi-family condos on 15.5 acres in Mooresville. Krueger took to social media to say that Mooresville approved annexation of the property this week, which has […]
