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Economists continue to sound the alarm about a possible recession amid Trump’s trade war. What would a recession mean for the Charlotte region? The Charlotte Ledger Business Newsletter spoke about that with one of the area's best-known economists. The Ledger’s Tony Mecia joins WFAE's Marshall Terry for more on that, and other business news, on this week's BizWorthy.
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Developers unveiled a plan this week to revamp the park by SouthPark Mall and turn it into a real community focal point. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.
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The quarter ending earlier this week was the worst for stocks in three years, with some dropping by double digits — those include well-known companies with Charlotte connections. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.
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One of Charlotte's oldest major companies is being sold again. Family Dollar, which has been owned by Dollar Tree for more than a decade, is being spun off to a couple of private equity firms. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.
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Wall Street is wonky, and there's plenty of economic uncertainty, with the R-word — recession — being thrown around a lot lately. WFAE's Marshall Terry and the Charlotte Ledger's Tony Mecia talk about that business news, and more, on this week's BizWorthy.
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Charlotte has long been nicknamed “Banktown” because of the financial institutions headquartered here, but maybe it’s time for a new moniker: “Washtown” — car wash town, specifically. The city has quietly become home to the biggest car wash company in the U.S. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.
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Some critics say it appears Atrium Health is double dipping on tax refunds. Under North Carolina law, nonprofits like Atrium are limited to $45 million in sales tax refunds each year. But the hospital system may have used a legal loophole to get an even bigger refund. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.
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One of Charlotte’s most well-known companies, Belk, recently announced workers at its corporate headquarters would have to return to the office at least three days a week. Some workers believe Belk is trying to force out some employees. The Ledger's Tony Mecia and WFAE's Marshall Terry discuss this local business news, and more, on this week's BizWorthy.
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Has Charlotte’s construction boom gone bust? The number of new apartments started last year hit a five-year low. And the start of construction on new office buildings, retail and restaurant spaces was the lowest it’s been in more than a decade. That’s according to new data compiled by CoStar Group. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.
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Charlotte will be at the center of the professional golf world in May, when Quail Hollow Club hosts the PGA Championship. The city is expected to get an economic boost as golf fans flood hotels and restaurants. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this local business news, and more, on this week's BizWorthy.