Business

This category contains 1648 posts
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For sellers around LKN, upward climb continues

Dec. 10. By Dave Yochum. Here’s something new for Charlotte residential real estate: We were among the Top 3 US cities in terms of highest year-over-year gains in home resale prices. Charlotte real estate has not been prone to the stunning rises or declines in the past. After a long period of decelerating price increases, […]

SOURCE: YARDI MATRIX

New office suite product offers flexibility, image

Dec. 10. Commercial real estate office brokers say the open floor plans, entrepreneurial tenants and flexibility of co-working space encourages collaboration and connections with like-minded professionals. A recent Yardi Matrix report found that co-working spaces grew almost 62% in the top 20 office markets from 2017 to 2018. Most don’t look like offices. Co-working space […]

SOURCE: THE OFFICE

Don’t be a holiday HR Scrooge

Dec. 9. Business owners and managers may see increased stress levels among employees around the holidays. We all know they can be stressful, and sometimes the stress shows up at work. You might not have any control over what happens at home, but you can help team members to remain focused and productive at work. […]

Commissioner Jim Puckett welcomes the crowd and introduces Mac McAlpine

Puckett will file to run for his old seat next week

Nov. 25. Jim Puckett says he will file next week to run for his old seat on the Mecklenburg County Board of Commissioners. He lost his bid for re-election in November of last year. “In less than a year of governance we have seen a budget that was formed under illegal processes, a singular tax […]

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Uwharrie declares 2% stock dividend

Nov. 13. Uwharrie Capital Corp. has declared a 2% stock dividend to be paid to common stock shareholders Dec. 9, as of the record date Nov. 25. Shareholders will receive a Direct Registration System (DRS) statement indicating the new shares gained. Uwharrie Capital and its primary subsidiary, Uwharrie Bank, reported third-quarter net income rose 50 […]

A TRAIN COULD MAKE IT FROM CHARLOTTE TO ATLANTA IN 2 TO 3 HOURS

If commuter rail is on track for Matthews, what happened to the North Line?

Nov. 12. By Debbie Griffin and Dave Yochum. As Charlotte ponders a $4 billion commuter rail between Matthews and Belmont—and a high-speed rail line between Charlotte and Atlanta is in the midst of discussion—it’s more and more clear that Lake Norman commuters are stuck with toll lanes and diminishing prospects for commuter rail. The Charlotte […]

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Jobless rate falls, in-migration to continue

By Dave Yochum. The statewide unemployment rate fell a tenth of a percentage point to 4.1 percent in September, ahead of the national rate of 3.5 percent, but metro areas like Charlotte and Raleigh are booming. Since December of 2007, Charlotte and Raleigh have both seen their job number leap 30 percent. Meanwhile, Charlotte added […]

Bill Ingram is new senior VP at HomeTrust in Cornelius

Nov. 7. Bill Ingram has joined HomeTrust Bank as Senior Vice President/Commercial Relationship Manager based in the Cornelius office. He is responsible for expanding the HomeTrust brand in Charlotte and Lake Norman, as well as cultivating new relationships with small- to medium-size businesses for the North Carolina-based bank. Ingram was formerly a commercial banker with […]

 PAPPAS: INCOMING CHAIR HAS BACKGROUND IN BANKING, SMALL BUSINESS

New chamber chair appreciates small businesses, entrepreneurs

By Dave Yochum. Richard Pappas, the incoming chair of the Lake Norman Chamber of Commerce, is steeped in small business, the driving force of any chamber. His father owned and operated several food industry business in Charlotte. “It is in my blood to connect with business owners,  thus my career of working with business owners […]

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Go ahead, hug your worst boss

Leading with Grace By Ginny Mackin. I made a big mistake in February of 1989: As the manager of media relations for NationsBank, I accepted an invitation to include then CEO Hugh L McColl Jr. in a feature on “toughest bosses.”  I was sure I could influence the reporter from FORTUNE magazine to see Hugh […]