Nearly 1,000 Mecklenburg County nonprofits have lost their tax-exempt status, according to the Internal Revenue Service. The IRS released the list last month. It shows that about 275,000 U.S. organizations are no longer tax-exempt. Of those, more than 6,000 are ...Read More »
When the Internet Corporation for Assigned Names and Numbers announced last month that new Internet domain names would become available in January, the news was heralded as changing the face of the Internet forever. But in Charlotte, some businesspeople are ...Read More »
Duke Energy Carolinas today said it has requested approval from the North Carolina Utilities Commission to increase electric rates. When factoring in the company’s residential and commercial customers, it would mean an increase of about 15 percent. The Charlotte-based company said ...
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Charlotte’s hotel business had a good May, with occupancy rates hitting a three-year high. The Charlotte Regional Visitors Authority also said today that May brought the 16th consecutive month of occupancy rate increases for Charlotte. May occupancy was 66.1 percent, ...Read More »
Forbes has ranked Charlotte lower on its 13th annual list of best places for business and careers. The Queen City is 22nd on the list of the 200 largest metropolitan statistical areas in the U.S. It was No. 17 last year. Raleigh is ...Read More »
Family Dollar Stores said it had record sales and earnings in the third quarter. The Matthews-based discount retailer said net income rose 6.5 percent to $111.1 million, or 91 cents per diluted share, from $104.4 million, or 77 cents per diluted share, ...
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Cerus Corp. has a new member on its board of directors. The publicly traded company said Daniel Swisher has been named the replacement for William Rohn, who is retiring after serving as director since 2002. Cerus is a Concord-based biomedical ...Read More »
Bebida Beverage Co. has widened its reach thanks to a new deal. Statesville-based Bebida said it has a distribution deal with Budweiser distributor Griffen Beverage Co. of Michigan Bebida said Griffen serves 41 counties throughout Michigan, covering the majority of the state. The ...Read More »
Goodrich Corp. today said the ORS-1 satellite it worked on for the Air Force has been launched. Charlotte-based Goodrich was the prime contractor for the satellite, which was launched Wednesday at NASA’s Wallops Flight Facility and Mid-Atlantic Regional Spaceport on Wallops Island, ...
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