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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NEW YORK — Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. The Charlotte bank says the settlement with 22 ...Read More »
Hugh Hattabaugh, the chief operating officer for Charlotte-Mecklenburg Schools, has been named the interim replacement for former Superintendent Peter Gorman, who resigned this month. The Charlotte-Mecklenburg Board of Education announced Hattabaugh’s appointment today. It takes effect Friday. Gorman announced June 8 ...Read More »
Duke Energy Corp. said it will remain the title sponsor of Blumenthal Performing Arts Center’s Broadway Lights series for the 2011-12 and 2012-13 seasons. “The Broadway Lights series brings world-class programming to our community and is a prime example of ...
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