RALEIGH — The governors of North Carolina’s public university system learned today that a possible 15 percent cut in state funding would eliminate thousands of classes across the 16 college campuses and mean job losses for more than a thousand ...Read More »
MATTHEWS — Former state House Speaker Jim Black said in a television interview broadcast today that he didn’t do anything illegal and never sought a profit despite his guilty plea to a federal corruption charge. Black told WRAL-TV in Raleigh ...Read More »
North Carolina home prices fell 2 percent in February from a year ago, according to Santa Ana, Calif.-based CoreLogic. The figure includes distressed sales. Prices for nondistressed sales rose 1.5 percent in the state. National home prices, including distressed sales, ...
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Gladstone Commercial Corp. today said it has bought a 60,000-square-foot office building in Hickory for $10.7 million. A press release from the McLean, Va.-based company did not list the property’s location. The building has a tenant with nine years remaining on its lease ...Read More »
WASHINGTON — Twenty-four states, the District of Columbia and Amtrak are vying for $2.4 billion in federal aid that became available when Florida’s governor canceled a high-speed rail project in his state, Transportation Secretary Ray LaHood said today. The deadline ...Read More »
LMC Capital said it has changed its name to Sherman & Co. Holdings. The Charlotte-based investment banking firm said it is not changing its services, which focus on the insurance industry. But the company has changed its website. LMC Capital was founded in ...Read More »
Unemployment in the Charlotte area fell to 10.7 percent in February from 11.2 percent in January, while Mecklenburg County’s unemployment rate remained unchanged at 10.2 percent, the Employment Security Commission of North Carolina said today. Those rates are still higher than ...
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A group of Charlotte residents has asked Charlotte City Council members to do something about the foreclosure crisis’ impact on the Queen City. The group, Helping Empower Local People, told the council that there isn’t enough enforcement to ensure that ...Read More »
An Idlebrook Drive man directed criticism at the Charlotte City Council Monday, claiming that not all of the minutes from meetings on the Independence Boulevard Area Plan have been made public. Chris Bakis said the most recent minutes posted on ...Read More »
Sen. Malcolm Graham says he wants the “five-points” intersection near Johnson C. Smith University to become the “Trade and Tryon” of the city’s northwest corridor. Graham, of Charlotte, who also is the chairman of the Beatties Ford Road Task Force, ...Read More »