Business

Business
12:23 am
Sat November 24, 2012

An Ear Around Charlotte On Black Friday

A Black Friday shopper stuffs a 50-inch television into his car.
Ben Bradford WFAE

Super stores, including Walmart, K-Mart, and Target opened on the night before Black Friday this year. At the Target near Uptown, Juanita Stinson sketched out her shopping plan.

"I don’t plan on getting home 'til seven in the morning or later," Stinson says. "Go to sleep, get up around 3 in the afternoon, hit it again."

But, some people don’t approve of Black Friday’s encroachment into the holiday.

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Local News
3:45 pm
Thu October 25, 2012

Local Drug Tester Crosses The Border

In the ongoing cross-border competition for jobs, Charlotte is losing yet another company to South Carolina.

Just last month, it was photo-sharing company Shutterfly abandoning Charlotte for Fort Mill.

On Tuesday, Physicians Choice Laboratory Services announced it is moving to Rock Hill, where it will double its workforce. The drug testing company opened in 2009 and now has 150 employees in Charlotte. 

Mark Farris, the economic development director of York County, says it’s only natural.

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Business
5:25 pm
Mon October 8, 2012

Helping The Unemployed Learn On The Job

Sheila Hemphill is a grant specialist with Charlotte Works. She interacts with a lot of job seekers – including many who have been unemployed for a very long time.

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Business
11:59 am
Wed September 26, 2012

Charlotte Companies Sued For Foreclosure Fraud

Two Charlotte-based foreclosure assistance companies, Community Mortgage Assistance Program and Lender Exchange were sued by North Carolina Attorney General Roy Cooper for foreclosure fraud.

The North Carolina Attorney General’s office filed a lawsuit against three mortgage loan modification companies on Friday. Two of the three companies are based in Charlotte.

According to the lawsuit, one of the companies, Community Mortgage Assistance Program, charged customers up to $1,500 in advance. 

Koy Chiu is executive director of the company. On her website, Chiu advertises: “TIRED OF MODIFICATION SCAMS?! KNOWLEDGE IS POWER! SAVE YOUR HOME TODAY!”.

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Business
4:27 pm
Sat September 22, 2012

Why Did Shutterfly Choose S.C. Over N.C.?

The Internet company Shutterfly is moving its Charlotte operations to Fort Mill, South Carolina. The firm plans to create more than 400 full-time jobs there.

Shutterfly is only moving about 10 miles from its facility in Charlotte, where it employs about 200 people. But that short drive goes over the South Carolina border to Fort Mill, which creates some winners and losers depending on who you ask. 

Mark Farris is the director of economic development in York County.

"I think it’s a win not only for us but for the entire region," Farris said.

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Duke Energy Director Details 'Friction' During
6:05 pm
Fri August 24, 2012

Duke Energy Director Details 'Friction' During Merger With Progress

Business
3:50 pm
Mon August 20, 2012

Lowe's Earnings Fall Short Of Expectations

Lowe’s home improvement earned 10 percent less from May to August than it did last year. The Mooresville-based company now says it won’t make as much money this year as it had previously estimated.

Lowe’s earnings fell short of its own expectations and Wall Street analysts’.

The nation’s second-largest home improvement chain has been restructuring. A big part of that is making it easier for customers to shop online, on mobile devices and in the stores. CEO Robert Niblock said on a conference call with investors the company is making progress on those initiatives.

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Charlotte Talks
12:00 am
Tue August 14, 2012

North America As An Oil And Gas Producer

Oil refinery

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Charlotte Talks
12:00 am
Mon August 13, 2012

'Stalking' Jon Stewart and United World Colleges

Amy Aussieker, Owner of FABO art gallery and coffee bar

Part One: Stalking Jon Stewart
The DNC is almost upon us and vendors are gearing up all over the region to serve the thousands of convention attendees expected to arrive. But what about small businesses that dot the areas near uptown? Many say they don’t know how to gain the attention of visitors so one business owner came up with a novel idea. Her personal mission? "To get Jon Stewart to FABO Café for a cup of coffee while he is in Charlotte filming his show during the DNC."  We’ll hear her story. 
Guest

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BofA Meeting Attracts Large Protest
6:31 pm
Wed May 9, 2012

BofA Meeting Attracts Large Protest

Protestors blocked the intersection of 5th and College Streets. Photo: Julie Rose

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