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It’s now been three years since Charlotte City Council allowed for the creation of social districts. You know those areas where you can walk down the sidewalk while drinking alcohol. Several businesses and neighborhoods immediately expressed interest, but so far Charlotte only has one. For more on this and other business stories, Lindsey Banks of the Charlotte Ledger Business Newsletter joined WFAE’s Marshall Terry for this week's BizWorthy.
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Growth is still the story of Charlotte, but as the economy muddles along, some of that growth and stratospheric home prices might be cooling off. Still, there's plenty of reason for optimism, and several classrooms-worth of people moving here every day, according to the latest statistics. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this, and other local business stories, on this week's BizWorthy.
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So Charlotte's office market has a problem that's often described as a “flight to quality." That's employers leaving decades-old office buildings in favor of shiny, newer buildings with modern amenities like coffee bars and Instagram walls. Makes sense, right? Especially as a way to lure workers back to the cubicle farms. But is this “flight to quality” really happening? Maybe not quite according to new data. For more on this and other business stories, WFAE’s Marshall Terry is joined by Tony Mecia of the Charlotte Ledger Business Newsletter, for our segment BizWorthy.
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Construction in Charlotte is still slow. New quarterly data from CoStar show the number of new apartments and industrial projects have dropped sharply, while almost no new offices are being built. WFAE's Marshall Terry and The Charlotte Ledger's Tony Mecia discuss this, and other business stories, on this week's BizWorthy.
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The door has now been slammed on door-to-door sales in the town of Pineville. In a 3-2 vote last month, the town council ended an ordinance allowing only some solicitations. The Ledger's Tony Mecia and WFAE's Marshall Terry discuss this, and other business stories, on this week's BizWorthy.
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You know that huge parking deck at 11th and Brevard streets in uptown Charlotte that’s been sitting there for years, partly finished, with no cars in it? Well, that could be about to change. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this, and other local business stories, on this week's BizWorthy.
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You might be in the mood to go out for some entertainment. But what about “eater-tainment?” It’s one of the hot new trends in Charlotte. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this, and other local business stories, on this week's BizWorthy.
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Federal regulators announced this week that they’re lifting a severe punishment on Wells Fargo related to its fake accounts scandal from nearly a decade ago. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this, and other local business news, on this week's BizWorthy.
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Charlotte got some disappointing economic news this week. The Central Intercollegiate Athletic Association, or CIAA, will not be bringing its annual basketball tournament back to Charlotte — for now, anyway. Officials said, the CIAA will be in Baltimore through 2029. Charlotte had hosted the CIAA tournament from 2006 to 2020. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this, and other local business news, on this week's BizWorthy.
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Etihad Airways recently announced it would begin nonstop service between Charlotte and Abu Dhabi, the first new foreign carrier in years — and Charlotte's first nonstop flight to the Middle East. According to the Charlotte Ledger Business Newsletter, that announcement was a surprise Charlotte Douglas airport. WFAE's Marshall Terry and The Ledger's Tony Mecia discuss this, and other local business news, on this week's BizWorthy.