By Sam Boykin, staff writer
Published: November 18,2011
Thanks to uncertainty over how condo owners could be affected, a plan by a Wells Fargo subsidiary to rezone Emerald Green Village in Mooresville is in limbo. The subsidiary, Redus NC-All LLC, wants the zoning changed so that, instead of condos, townhomes can be built. Redus says townhomes would help it better market and sell [...]
By Sam Boykin, staff writer
Published: August 16,2011
It was a bit like “Animal House,” except everyone worked on Capitol Hill and toga parties were no longer in fashion. Charlotte native Walter Price and five of his buddies, all recent Davidson College graduates, were renting a big house in Alexandria, Va., just outside Washington, D.C., during the heady 1990s, when the economy was [...]
By Scott Baughman
Published: August 9,2011
Age: 64 Lives in: east Charlotte Family: wife, Patricia; children, Reagen and Bergen Charlotte has few institutions, but the Arcade Men’s Room might just be one. Cecil Taylor, who started barbering in the early 1970s, bought the shop from George Cook in 1974. Over the past 40 years, Taylor has cut hair for banking big wigs [...]
By Scott Baughman
Published: July 29,2011
The foreclosure crisis is bad news for some. But for at least a few Charlotte-area contractors, it’s salvation. Despite a housing slump, some contractors in Charlotte are keeping their businesses afloat repairing and maintaining foreclosed homes, which angry owners often trash before they lose them to the banks. Tim Feeney is among contractors making money [...]
By Sam Boykin, staff writer
Published: July 12,2011
(Editor’s note: Part four of a five-part occasional series on the top cities that Charlotte competes with.) This year, Charlotte and Tampa, Fla., got some major convention news. The Queen City found out that it is going to be the site of the 2012 Democratic National Convention, while the GOP picked the Cigar City to [...]
By Sam Boykin, staff writer
Published: June 10,2011
It might seem counterintuitive, but a group of local business leaders is trying to bring a Bangladesh-owned bank to Charlotte, the banking capital of the South. Grameen Bank of Bangladesh specializes in giving small loans to poor people to help them start or expand their business. It serves customers who live below the federal poverty [...]
By Scott Baughman
Published: June 10,2011
Hold onto your wallet. It might be an antique in a few years. The world of online banking is not new, but now three of the industry’s biggest players, including Charlotte-based Bank of America, have joined forces to make money transfers happen more easily for their customers. Bank of America has teamed up with archrivals [...]
By Mecklenburg Times staff reports
Published: June 2,2011
Bank of America and Wells Fargo could see their debt ratings lowered by a major rating agency. Moody’s Investors Service said it might downgrade the ratings of the two corporations, as well as Citigroup, citing concerns that the U.S. government might not continue to support large banks to the extent that is has been in [...]
By Tara Ramsey, staff writer
Published: May 27,2011
For those who haven’t noticed, there are a few extra NASCAR fans in town this week. With Charlotte Motor Speedway hosting the All-Star Race last weekend and the Coca-Cola 600 set for Sunday, hotels are packed, roads are jammed and checkered flags are waving throughout the region. It’s a sign that racing is still a [...]
By Scott Baughman
Published: May 25,2011
Three of the nation’s biggest banks — Bank of America, JPMorgan Chase and Wells Fargo — have teamed up to start a Charlotte-based joint venture to allow customers to pay for goods and services using only an email address or mobile phone number. The joint venture is called clearXchange. The technology is nothing new; Companies [...]
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