He was under a lot of stress. He took advantage of an opportunity he couldn’t pass up. Those are factors members of Charlotte-Mecklenburg Schools’ Board of Education cited in the wake of Superintendent Peter Gorman’s announcement that he is throwing in ...Read More »
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The Bissell Cos. has broken ground on two office buildings at Ballantyne Corporate Park. Construction began Thursday on the 10-story speculative buildings that will feature a total of 550,000 square feet. Charlotte-based Bissell called it the largest speculative office project in ...Read More »
A hedge fund manager has increased his stake in Family Dollar Stores, making him the largest shareholder in the company. According to a regulatory filing with the Securities and Exchange Commission, William Ackman, chief executive of New York hedge fund Pershing Square ...Read More »
Charlotte-based Cogdell Spencer today said its board of directors has declared a quarterly dividend of 10 cents per common share. The dividend is payable July 20 to stockholders of record on June 24. The dividend covers the second quarter of 2011. Cogdell Spencer is ...
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Daimler Trucks North America today said it plans to add nearly 700 jobs at its manufacturing plants in Mount Holly and Gastonia. The Portland, Ore.-based company said it is adding 535 manufacturing and 37 administrative positions by September to its Mount Holly truck-manufacturing ...
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Charlotte-area homes sales fell by 11.5 percent in May from the same month last year, while the average sales price rose 0.6 percent, the Charlotte Regional Realtor Association said today. There were 2,194 closings in May compared with 2,480 in May 2010. But May ...
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Mayor Anthony Foxx today said he is not pleased with a Charlotte Regional Visitors Authority report based on a consultant’s review. In April, the CRVA board hired PricewaterhouseCoopers for $25,000 after criticism arose over Central Intercollegiate Athletic Association bonuses paid to ...Read More »
Charlotte-Mecklenburg Schools Superintendent Peter Gorman announced his resignation today, accepting a job with New York-based News Corp. In a press release, News Corp. said Gorman will assume a leadership roles at its newly formed education division, where he will be named senior ...Read More »
Charlotte-based Goodrich Corp. today said it will close its Marble Avenue landing gear facility in Cleveland by the end of the year as project volume slumps. There are about 400 employees at the facility, which supplies landing gear equipment for commercial and military ...
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