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Babcock & Wilcox CFO stepping down

Babcock & Wilcox Chief Financial Officer Exercises Provisions of Retention Agreement Babcock & Wilcox Co.’s chief financial officer said he is ending his employment with the Charlotte-based company. Michael Taff said he will plans to exercise his right to terminate his ...

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Premier names CFO

Health care alliance Premier Inc. said Mike Alkire has been promoted to chief operating officer. Before the promotion, Alkire was president of Premier Purchasing Partners, which offers group purchasing, supply chain services and resource utilization data to hospitals and health care facilities ...

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The Tuesday Interview: Joel Matthews, East Coast Pyrotechnics event producer (access required)

Age: 48 Lives in: Rock Hill, S.C. Family: wife, Marie; children, Jesse, 7, Jake, 5 Education: bachelor’s degree in electrical engineering technology, University of North Carolina at Charlotte Joel Matthews likes to blow stuff up. He’s been doing it for ...

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Duke Energy asks to raise rates

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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Perdue vetoes fracking bill

Gov. Beverly Perdue has vetoed a bill that would have moved the state closer to allowing a controversial process to extract onshore reserves of natural gas. Senate Bill 709, which Perdue vetoed this afternoon, would have allowed the state Department of ...

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Charlotte hotel business up in May

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, ...

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