Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

NEW YORK (AP) — Industrial conglomerate General Electric Co. on Friday reported a decline in third-quarter profit, but strong performances from its core units helped the company top Wall Street expectations. General Electric has been making a push to focus ...

DECATUR, Ill. (AP) — A broad definition of “neighborhood” is giving new life to a home built for Decatur’s first black physician. Members of First Church of the Nazarene, located at the city’s far west corner, teamed up last weekend ...

DENVER (AP) — Gentrification works like this in America’s cities: Artists can’t afford good neighborhoods, so they move into bad ones. But their very presence makes those dubious areas a lot more desirable to everyone else. Soon enough, property values ...

PANAMA CITY (AP) — The directors of the Trump Ocean Club met July 28 on urgent business. They needed to fire Donald Trump. The building’s residents and condo owners had invested in the namesake, a 70-story waterfront tower along Panama Bay, ...

Tagged with: Donald Trump

NEW YORK (AP) — A survey of business economists finds that a majority still expect the Federal Reserve to raise interest rates before the end of the year, with the broader economy expected to grow at a slightly faster pace in ...

Tagged with: Federal Reserve

TRAVERSE CITY, Mich. (AP) — A federal appeals court on Friday blocked an Obama administration rule that attempts to clarify which small streams, wetlands and other waterways the government can shield from pollution and development. In a 2-1 ruling, a panel ...

Tagged with: Obama

SUNNY ISLES BEACH, Fla. (AP) — Officials say the developer and general contractor of a South Florida high-rise have been cited for improper purging of the gas piping system after a boiler room explosion injured six people. In citing the Château Beach Residences ...

NEW YORK (AP) — For the second time in three decades, a billionaire Chinese real estate mogul is central to a scandal over whether his money was used to buy influence in the United States. Authorities say in the mid-1990s Ng ...

NEW YORK (AP) — Fifth Third Bancorp has agreed to pay an $85 million settlement for not reporting flawed mortgages insured by the Federal Housing Administration to regulators. Between 2003 and 2013 the bank originated roughly 1,400 mortgage loans that it certified ...

Tagged with: Fifth Third Bank

WASHINGTON (AP) — The U.S. unemployment rate — now just 5.1 percent — grabs a lot of the attention each month when the government issues its jobs data. Yet the rate doesn’t come close to sketching a full picture of ...

Tagged with: jobs