Business

Business
9:58 pm
Fri December 20, 2013

Electrolux Announces 810 New Jobs, $85M Investment In Charlotte

Jack Truong, CEO of Electrolux Major Appliances North America, announced the company will add 810 jobs by 2017.
Credit Tasnim Shamma

Appliance Maker Electrolux announced it will add more than 800 jobs with the expansion of their U.S. corporate headquarters in Charlotte. Electrolux says it will also invest more than $85 million toward construction costs for the expansion.


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Local News
1:25 pm
Wed December 18, 2013

Cabela's Announces Plans For Fort Mill Store

A rendering of the Cabela's store planned for Fort Mill, S.C.
Cabela's

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.

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Around the Nation
6:16 pm
Fri December 13, 2013

States Settle Into Wooing War With Bids For Boeing Plane Plant

Originally published on Fri December 13, 2013 6:56 pm

Transcript

AUDIE CORNISH, HOST:

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.

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Local News
11:39 am
Thu December 12, 2013

Improving Economy In Lincoln County Means Less State Money To Lure New Companies

Credit 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.


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Local News
9:40 am
Tue December 10, 2013

Executives Give Lukewarm Predictions For 2014 NC Economy

Susan DeVore, Brian Moynihan, Tim Belk, David Carroll, LLoyd Yates and Chris Kearney take part in the Charlotte Chamber's economic outlook conference.
Credit 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.


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Local News
9:32 am
Tue October 22, 2013

In Search Of Developer To Make Bojangles’ Coliseum An Amateur Sports Center

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. 

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Local News
10:01 am
Sat October 19, 2013

Charlotte Airport Security Checkpoint Gets A Makeover

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.


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Local News
12:27 pm
Wed October 16, 2013

BofA Plods Toward More Basics, Less Risk

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.

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Technology & Digital Life
5:39 pm
Tue October 15, 2013

Tech Company Yodle Expands In Charlotte

Employees gather outside at the opening of Yodle's new offices in Charlotte.
Credit 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.


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Technology & Digital Life
10:04 am
Wed October 9, 2013

Banks Get Closer To An Actual, 'Automated Teller'

Bank of America's new ATM allows a virtual teller to speak with the user.
Credit 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.


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