LendingTree CEO Doug Lebda died Sunday in an ATV accident. The Charlotte-based company announced his death Monday morning. Lebda founded LendingTree in 1996, and it has since grown into one of Charlotte’s most prominent homegrown financial companies. Scott Peyree, who has been LendingTree’s president and chief operating officer, was appointed CEO effective immediately.
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Robert Dawkins of Action NC on the pitfalls of the proposed sales tax increase to pay for transit and transportation
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Shannon Binns of Sustain Charlotte discusses why he believes raising Mecklenburg's sales tax for transit and transportation is a good idea.
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Developers are rethinking a proposed data center in Matthews amid strong local opposition.
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We’re just over a week into the government shutdown with no end in sight. Officials with Mecklenburg County and Charlotte-Mecklenburg Schools have said so far the impacts have been minimal on their organizations. But what about businesses in Charlotte? To talk more about it and other business news of the week, Tony Mecia of the Charlotte Ledger Business Newsletter joined WFAE’s Marshall Terry for our segment, BizWorthy.
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Duke Energy's most recent carbon reductions and resource plan proposal suggests delaying retirements of three NC plants that can burn coal.
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A proposal for a new data center in Matthews has been withdrawn by the developer. Residents packed a community meeting earlier this month, with many expressing concern about how much power the data center would require.
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The latest jobs report shows some bright spots for Buncombe County in the long recovery from Hurricane Helene.
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Pratt Industries, a provider of custom packaging solutions, plans to expand its York County operations with a new manufacturing facility. The company says a $92.5 million investment will create 116 new jobs.Pratt is one of the largest corrugated packaging companies in the country and one of the world’s largest, privately held producers of 100% recycled containerboard.The company will upfit the facility located on Williams Industrial Blvd. in Rock Hill to manufacture its packaging products. Pratt also currently operates a recycling center in Rock Hill.
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It’s that time of year when tourists head to the mountains to see the changing leaves. Some may even come home with a pumpkin from one of the many pumpkin patches in western North Carolina.
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The NC General Assembly overrode Gov. Josh Stein's veto to pass a bill removing an interim carbon reduction target.
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Supporters call the referendum a once-in-a-generation chance to expand rail and roads — though money doesn’t always stretch as far as envisioned.
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North Carolina's unemployment rates increased in 95 counties in August, decreased in two, and remained unchanged in three. Edgecombe and Halifax Counties each had the highest unemployment rate at 6.1% while Currituck County had the lowest at 3%. All fifteen of the state’s metro areas experienced rate increases. The Charlotte-Concord-Gastonia area had a 4.1% unemployment rate.Trades, transportation and utilities saw the most job gains, while construction jobs saw the largest decline.
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