Business news and information from Charlotte and the Carolinas. 


If you like to hunt, fish, hike, or camp, you’re probably familiar with Cabela’s. But right now, the closest Cabela’s store is in West Virginia. The company announced Wednesday that that's about to change.

Cabela's is buying 20 acres in Fort Mill, just off of I-77 near Carowinds, where it plans to build a new store.



Negotiations between Boeing and the machinists union in Washington State broke down again last night. The union rejected Boeing's latest contract offer. The deal would've guaranteed that production of the new 777X airplanes would stay in the Seattle area. Now, the aerospace giant may be taking those planes and thousands of jobs elsewhere.

Other states are eagerly courting them. But Michael Tomsic of member station WFAE in Charlotte reports that landing the aerospace company won't come cheap.

Lincoln County, N.C.

Lincoln County’s economy is improving. Unemployment is down and incomes are up. But, that prosperity also means less state money can go toward luring new jobs. WFAE’s Duncan McFadyen explains.

Michael Tomsic

The economy in Charlotte and North Carolina as a whole next year will be like a NASCAR race under a caution flag – it’ll move forward, but not too fast. That was the message from executives at the Charlotte Chamber’s annual economic outlook conference Monday.

The City of Charlotte has put out a call for proposals to redevelop Bojangles’ Coliseum into an amateur sports center.  The city has agreed to pay $25 million to upgrade the coliseum and buy land beside the property for parking. 

The city is looking for a private developer to build a 150-room hotel and a sports facility that includes at least eight basketball courts that can be adapted to other uses. 

Duncan McFadyen / WFAE

Travelers flying out of Charlotte Douglas airport this week may notice something different when they go through security. The airport has contracted with a company to make Checkpoint E more comfortable.

BofA Plods Toward More Basics, Less Risk

Oct 16, 2013

Bank of America continues its steady plod toward a more boring future focused on banking basics, rather than the risky behaviors that drove profits during the high-flying years.

Ben Bradford / WFAE

The online marketing firm Yodle plans to double its Charlotte workforce to about 250 people. The company opened its new offices today in the University area with room to hold the new employees. That may seem unremarkable, but it is unusual for Charlotte.

Ben Bradford / WFAE

ATMs first appeared on street corners more than four decades ago and their basic function has remained relatively the same since.

“It’s like a bank that never closes,” a commercial for United California Bank announced in the 1980s, when ATMs were growing more common. “It makes your life a little easier, because anytime, any day of the year, it takes deposits and gives you cash.”

But to save on cost and attract a younger, plugged-in generation of customers, banks are finding new uses for the ATM that will change how we get our money.

Rock Hill Economic Development

The German automotive adhesive manufacturer Coroplast announced Tuesday that Rock Hill will be the site of its first U. S. plant. Over the next five years, the company plans to invest $12 million and create 150 jobs in York County, S. C. Economic development leaders say it takes a lot of work to recruit companies like Coroplast. And sometimes, utility companies step up to help.