Charlotte Business

Courtesy of Socialtopias

When you think of social networking names like Twitter and Facebook come to mind. On December 31st, a small Charlotte company will take on those multi-billion dollar behemoths.

The company is called Socialtopias. And its office at the Charlotte Venture Center on South Church Street holds all the white boards and the small conference table you’d expect from a startup, but with a Charlotte twist. A large window is coated with a plastic-pixilated rendering of the Charlotte's skyline.

Jeremy Brooks https://creativecommons.org/licenses/by-nc/2.0/

Chiquita Brands International Friday reported a loss of $25 million in the first quarter, blaming increasing costs and extreme weather. But, the Charlotte-based company says it’s still on track to meet its 2014 goals.


James Willamor

A request for $51 million of city money to rehab the Bojangles Coliseum was a bit surprising. The city has already approved $25 million to renovate the site. This new proposal is still just that, a proposal. But it left us wondering just what this additional money would be used for.  So we turned to a real person and a talking document to find out.    


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.


UTC Aerospace Systems Celebrates New Charlotte HQ

Jul 1, 2013
Tasnim Shamma

One of the largest aerospace systems providers in the world opened its headquarters in West Charlotte Friday. UTC Aerospace Systems designs and manufactures products like propellers and engines and was founded last year after several mergers and acquisitions. Executives say it expects to add about 50 more jobs in the next five years.

Julie Rose

Chiquita Brands International announced a $67 million third-quarter loss Wednesday, but the company's new CEO Ed Lonergan  said that was better than he expected in a year beset with relocation expenses and volatility in European markets.  It was Lonergan's first earnings announcement since being hired last month to replace Fernando Aguirre.