The Garrison at Graham, a $22 million condo development in Charlotte’s Fourth Ward, has been bought for $8.6 million in a foreclosure sale after failing to make loan payments. Community One Bank, the project’s lender, was the high bidder in the ...Read More »
North Carolina gained 2,300 nonfarm jobs in December, but its unemployment rate rose to 9.8 percent from 9.7 percent in November, the Employment Security Commission of North Carolina said today. According to the seasonally adjusted data, the gain in jobs ...
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In another setback for Vance Farms LLC, a slew of properties that were supposed to be part of a residential and commercial project near Hornets Nest Park are going on the auction block Tuesday. According to court records, Vance Farms ...Read More »
Duke Energy Corp. and Siemens Energy today said they are giving $8.8 million to the Energy Production and Infrastructure Center at the University of North Carolina at Charlotte. Duke and Siemens, both based in Charlotte, will provide about $4.5 million ...Read More »
Chanticleer Holdings said today it is launching the Chanticleer Dividend Fund with an affiliate of CapitalSouth Investments. Both firms are based in Charlotte. The fund is a business development company sponsored by a team of asset managers seeking to provide investors principle ...
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Family Dollar Stores today said its board of directors has declared a regular quarterly cash dividend of 18 cents a share on the company’s common stock. The dividend is payable April to shareholders of record at the close of business March 15. The ...Read More »
BB&T Corp. said today it had fourth-quarter 2010 net income of $208 million, or 30 cents per share, up 12 percent from $185 million, or 27 cents per share, during the fourth quarter of 2009. The Winston-Salem-based company, which has banks ...Read More »
Charlotte Mayor Anthony Foxx was scheduled to meet with President Obama this morning as part of a trip to the White House to meet with members of the U.S. Conference of Mayors, Foxx’s office said. It will be Foxx’s second visit ...Read More »
Charlotte-based Hendrick Construction has won a $26 million contract to build a 111,000-square-foot helicopter facility for the South Carolina National Guard. The project is slated for the west end of the South Carolina Technology and Aviation Center in Greenville. It ...
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