The City of Salisbury has been awarded $850,000 through the North Carolina Department of Commerce’s Rural Transformation Grant Fund. It will support renovations to a 30,000-square-foot building located on South Main Street, formerly known as the Wells Fargo Building, with improvements to lighting, flooring, fire and HVAC systems. When completed, the facility will house event and office space.
Charlotte Ledger file photo
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Financial services company SoFi said Tuesday that it’s adding 225 jobs in Charlotte. The San Francisco-based company plans to hire loan officers, analysts, sales workers and more, at an average salary of around $109,000 a year. The state of North Carolina is providing a $1.9 million grant to subsidize SoFi’s Charlotte expansion.
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Another iconic Charlotte restaurant is closing. WCNC reports that after 66 years on Wilkinson Boulevard, Bar-B-Q King will shut its doors on November 1st. It was once featured on the Food Network show Diners, Drive-ins and Dives. Owners say the property has been sold.
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The result of the state Certificate of Need competition could have big repercussions for Western North Carolina’s health care landscape. -
Energy experts gathered in Raleigh this week to discuss how North Carolina’s energy grid — and ratepayers’ wallets — will handle the incoming wave of new data centers. -
Charlotte this week is remembering one of its best-known CEOs. Doug Lebda co-founded LendingTree in 1996 and it has become one of the city’s most enduring tech companies. Lebda died Sunday in an ATV accident. He was 55. To talk more about Lebda and other business news of the week, Tony Mecia of the Charlotte Ledger Business Newsletter joined WFAE’s Marshall Terry for our segment BizWorthy. -
Police say this year’s Carolina Classic Fair wrapped up without any major disruptions — a sharp contrast to last year. -
Corning Optical Communications said Wednesday that the company will build a $268 million facility in Hickory to build fiber optic cables and other products. The company will employ more than 130 workers at the new plant, with an average salary of more than $65,000. Corning is set to receive almost $9 million worth of incentives from Hickory and Catawba County, in the form of tax rebates and free land.
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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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Two weeks ago, Mecklenburg County Commissioner Susan Rodriguez McDowell hosted a forum in Steele Creek about the multi-billion-dollar transportation plan on the November ballot. -
A developer has filed plans to build apartments in uptown as part of a new development adjacent to Bank of America Stadium called the Iron District. The Charlotte Business Journal reports Trammel Crow Companies is seeking permits for a six-story, 355-unit apartment building on West Morehead Street. The development is also expected to include office towers, shops and restaurants. -
Robert Dawkins of Action NC on the pitfalls of the proposed sales tax increase to pay for transit and transportation -
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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