Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
Recent: |
|
Past: |
|
Duke’s mayonnaise brand will be owned by Charlotte, NC-based Falfurrias Capital Partners, a private equity firm, as part of an acquisition from Richmond, Va.-based C.F. Sauer Company. Terms were not disclosed. → Read More
Customers state how a Wells Fargo mortgage modification issue ruined their lives. They are taking legal action after they lost their homes when the San Francisco bank computer glitch denied lower loan payments. → Read More
Truliant Federal Credit Union said it has filed a copyright-infringement lawsuit against Truist, the name of the financial institution to be formed from a proposed merger of bank companies BB&T and SunTrust. → Read More
What will the name of the new bank be from the BB&T and SunTrust merger? The business, which will be headquartered in Charlotte, NC, is expected to be the 6th largest in the US, and will be called Truist. → Read More
Charlotte Regional Business Alliance President Janet LaBar said Charlotte, North Carolina, does not have a brand but that the economic development group plans to work on that problem. → Read More
Federal Reserve President and CEO Thomas Barkin said U.S. trade disputes with China and Mexico are making some Charlotte, NC, businesses reluctant to make plans for growth. He also talked about recession odds. → Read More
President Donald Trump’s trade war with China has some Charlotte NC businesses concerned about the effects on them with higher tariffs from the U.S. on Chinese goods and higher Chinese duties on U.S. items. → Read More
UNC Charlotte students Riley Howell and Ellis “Reed” Parlier, were killed in a shooting at the Charlotte NC campus. Friends and family recalled them as “big hearted,” “motivated” and “independent.” → Read More
North Carolina Attorney General Josh Stein has appealed a North Carolina Utilities Commission decision allowing Duke Energy to charge customers in Charlotte and elsewhere for its coal ash cleanup costs. → Read More
North Carolina Attorney General Josh Stein has appealed a North Carolina Utilities Commission decision allowing Duke Energy to charge customers in Charlotte and elsewhere for its coal ash cleanup costs. → Read More
U.S. Bank said it plans to put its first branch in North Carolina by opening a branch in uptown Charlotte at 201 S. Tryon St., next to Vapiano restaurant. → Read More
Atrium Health, Wake Forest Baptist Health and Wake Forest University said they plan to work together to bring a medical school to Charlotte, North Carolina, a city that lacks a 4 year medical campus. → Read More
Bank of America said it is raising its minimum wage, with the figure rising to $20 per hour by 2021. The Charlotte, NC-based bank said hourly wages will increase to $17 starting May 1, 2019. → Read More
Wells Fargo CEO Tim Sloan said he realized over the past few months it was time for him to leave the fourth-largest U.S. bank. He spoke Thursday during a World Affairs Council of Charlotte event. → Read More
Atrium’s Health switch to anesthesiology vendor Scope Anesthesia of North Carolina has lowered patient bills, CEO Gene Woods said. Atrium previously used Southeast Anesthesiology Consultants, a Mednax affiliate. → Read More
BB&T and SunTrust Banks announced they have agreed to merge, forming a new bank that will be headquartered in Charlotte, NC, and be the sixth largest bank in the US. → Read More
Wells Fargo’s website went down and customers on Twitter complained of also being unable to access the bank’s mobile app because of the outage. → Read More
North Carolina awarded a larger incentives package to Morris Plains, NJ, manufacturer Honeywell than the average package offered by four other states to lure its headquarters to Charlotte, NC. → Read More
Design Foundry, a furniture-maker, plans to open a manufacturing facility in Catawba County, creating 202 jobs and investing more than $3.1 million in the Hickory project, Governor Roy Cooper said Tuesday. → Read More
Wells Fargo has laid off hundreds of U.S. employees during the past year as the bank has pushed jobs overseas, according to an Observer analysis of Department of Labor Trade Adjustment Assistance documents. → Read More