Recent Posts
NC economy struggling as PUA checks come to an end
July 23. Pandemic Unemployment Assistance (PUA) checks are coming to an end July 25. The extra $600 per week combined with unemployment insurance has boosted the combined benefit above the previous wage for at least half of those receiving the benefit, says Mark Kurt, an associate professor of economics at Elon University in Elon, NC. […]
2Q net at blue harbor up 17%
July 23. Mooresville-based blue harbor bank reported net income of $817,060 and $0.27 per diluted share for the second quarter of 2020, a 17% from the second quarter of 2019. For the six months ended June 30, the net income rose 17 percent to $1,516,150, up from $1,294,880 during the first six months in 2019. […]
Black-owned spa in Huntersville to expand with 2nd location
V-Spa Charlotte, a women’s health and wellness facility that opened in 2017 in Hunterville, will open a second location in uptown Charlotte in October. “We are extremely fortunate to expand our spa operations, allowing us to open a second location,” said V-Spa Charlotte owner and founder, Shakira McGill. “At a time when so many businesses […]
Part of Union St. closing July 20-Aug. 28
July 20. A stretch of Union Street near the intersection of Means Avenue in downtown Concord is closing as crews move and reconnect underground utilities. The work is part of the Cabarrus County Courthouse renovation/construction project. The utility depths and existing utility crossings will require a full intersection shutdown for the safety of crews and […]
Small Business Advice: Times change, so must you
By Cheryl Kane. Business professionals need quality information—and creativity—to adapt to changing times. Quality information is necessary to accurately define problems creating a barrier to achieving your goals. Creativity is critical for the innovation needed for strategic planning and executing tactical plans. As times change, plans may need to change. Today disrupted circumstances may startle […]
New careers web site helps job-seekers
July 16. There’s a new web site for job hunters, NCcareers.org, that helps navigate the changing job market as well as research education and training options across the state. The career portal has skills and interest assessments for people in all stages of their careers, as well as the ability to explore occupations and local […]
IPO values Wilmington fintech firm at $3 billion
July 14. A Wilmington fintech company’s IPO has priced out at at least $250 million. nCino, a leading global provider of cloud-based software for financial institutions, offered 8 million shares at $31 a share. At 1:30 pm today, shares were trading in the $80 range under the ticker symbol NCNO. The offering is expected to […]
Beware the Ides of July: It’s tax time
July 13. The Internal Revenue Service Criminal Investigation division and the U.S. Attorney’s Office for the Western District of North Carolina are reminding taxpayers of the July 15 filing and payment deadline. They’re also warning against an increase in tax and COVID-19 scams. The original filing deadline and tax payment due date for 2019 was […]
SCORE scores big for entrepreneurs
July 13. With the suspension of in-person events such as on-site mentoring sessions and workshops due to the corona virus, SCORE Charlotte has set up remote mentoring sessions via phone, e-mail and Zoom. SCORE Charlotte is a volunteer organization consisting of 87 active, retired and semi-retired executives and business owners. SCORE Charlotte was formed in […]
Majority of billboard market is east of the Mississippi
June 15. Anthem Displays, a national manufacturer of digital billboards, will spend $3.6 million to consolidate its operations to North Carolina, creating 17 jobs in Elizabethtown. Anthem Displays is an industry leader in state-of-the-art digital outdoor advertising displays and solutions. Its Boulder, Colo. location will move to Elizabethtown, where the company currently employs nine workers […]
