Bank Of America says it plans to raise its minimum wage to $24 per hour making the minimum salary nearly $50,000 per year. The company says it marks the seventh consecutive year of pay increases and that it plans to go to $25 an hour next year. This year’s pay increase goes into effect in October for all full-time and part-time employees.

Bank of America will pay hourly workers at least $24 per hour — a big jump from early 2019, when it paid $15 per hour. It has launched a series of pay raises as the industry struggles to fill bank teller jobs.

Some of Charlotte’s arts and culture institutions are getting a boost from new funding. The John S. and James L. Knight Foundation said Monday that it’s giving almost $17 million to local groups, including: $5 million to the Charlotte Ballet; $2 million to the North Carolina News Lab Fund and $1 million to Historic West End Partners. The foundation is also giving LISC Charlotte $8.75 million to support a co-op grocery store in west Charlotte and support small businesses.

The union's members still need to vote on Boeing's proposal and decide whether to authorize a strike if the offer is rejected. If that's the case, a walkout could begin as soon as Friday.

North Carolina Department of Motor Vehicles offices don’t have allocated funding from the legislature to hire more employees and meet the needs of the growing state.

Eggs branded Milo's Poultry Farms and Tony's Fresh Market were recalled after they were linked to a salmonella outbreak that has hospitalized at least 24 people.

There was both good news — and bad news — in the latest jobs report, providing an unclear picture as the Federal Reserve weighs how much to cut interest rates.

American Airlines said today they will add a new service from Charlotte Douglas to Athens International Airport in Greece. The new flight will be seasonal and will begin operating on June 5, 2025 and will offer daily flights on a Boeing 777. This marks the eighth non-stop destinations to Europe from Charlotte for the carrier.

The FDA says it has commissioned a lab study and a literature review to evaluate metals in tampons, after a recent study found heavy metals like lead in products by over a dozen popular brands.

Have you recently gone to a restaurant and found no physical menu, only a digital one you have to access with your phone? That's increasingly the norm in Charlotte. The Charlotte Ledger Business Newsletter recently looked into the growing amount of technology in restaurant service. This, and other local business news, on this week's BizWorthy.