Business news and information from Charlotte and the Carolinas. 



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Julie Rose / WFAE

It's become cool to eat from a truck in Charlotte. More than 30 mobile kitchens serving gourmet fare have sprung up here recently and they've been welcomed warmly by city and neighborhood leaders - unlike the chilly reception Charlotte's original food trucks faced. 

BofA Meeting Attracts Large Protest

May 9, 2012

Protests Converge On Bank Of America

May 9, 2012
Greg Collard / WFAE

About three dozen people gathered outside the Duke Energy shareholder meeting to protest various practices of the company. Here Shaun Ridgway with Occupy Raleigh/Greenpeace speaks to those assembled. 

Charlotte police geared up for large protests at the Duke Energy annual shareholder meeting uptown this morning. In the end, police far outnumbered the 35 or so activists who gathered outside the meeting and reported no incidents, despite the city invoking a special enforcement ordinance in anticipation of unruly crowds.

Previewing Duke Energy's Shareholder's Meeting

May 3, 2012

MARSHALL: Duke Energy shareholders will gather in Charlotte this morning for their annual meeting. If company officials had their way, this meeting would not be happen. At least not as a meeting of only Duke Energy shareholders. The plan was for this to be the first annual meeting of the newly-married Duke and Progress Energy. But 2011 did not go as the companies planned. For a recap of the year, I'm joined by WFAE's Julie Rose.

Charlotte E-Cig Maker Sold To Lorillard

Apr 26, 2012

For the first time, Lorillard Tobacco has decided to offer something other than a cigarette that needs a light. The tobacco giant is now in the electronic cigarette business, thanks to the acquisition of Charlotte-based blu ecigs. The company makes battery-powered smokes that don't actually smoke - the nicotine comes through a puff of vapor. 

Shareholders Say 'Bye, Bye' To Bank Of Granite

Oct 18, 2011

Shareholders of one of North Carolina's oldest and most well-respected community banks met for the last time Tuesday and approved a merger they hope will save the bank from collapse. Granite Falls-based Bank of Granite is 105 years old. It's on the verge of being acquired by the parent company of another long-time North Carolina bank: CommunityONE. 

South Carolina officials celebrated another big jobs announcement Thursday - Continental Tire will open a new manufacturing plant in Sumter County and hire 1,700 people. North Carolina leaders, meanwhile, have been busy blaming each other for losing the deal. 

And then there were seven. Mecklenburg County can no longer claim ownership to the headquarters of eight Fortune 500 companies. Aerospace manufacturer Goodrich is being swallowed by Connecticut-based United Technologies in a deal worth more than $18 billion. 


Amid all the grim economic news the last few years, business has been quite good for dollar store retailers. The tanking economy prompted many people to give them a try.

The trend has helped Matthews-based Family Dollar's stock rise 40 percent in the last 3 years. Now, Family Dollar is trying to position itself for when the economy recovers. It has a new marketing strategy, and the company has hired a full-time ad agency for the first time in its 50-year history.