Consumers might not notice higher turkey costs because grocery chains are subsidizing them more than in past years.
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Since Customs and Border Protection arrived in Charlotte Saturday, many immigrant families have been afraid to leave their homes. Some Hispanic businesses have gotten creative about staying open.
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Charlotte’s immigrant community remains on high alert after federal agents have arrested more than 250 people in an operation that began over the weekend. The fear means businesses are seeing fewer customers as people stay home. Some have even closed temporarily. For more on the impact this crackdown is having on Charlotte’s business community, Ashley Fahey of the Charlotte Ledger Business Newsletter joined Marshall Terry for our segment BizWorthy.
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Charlotte Douglas International Airport is forecasting a dip in travel demand this Thanksgiving holiday. The total number of travelers expected to use the airport during the travel rush next week is expected to be down 10%. Excluding those passengers switching planes at CLT, the number of local passengers is expected to be 2.5% lower than last year. The drop in holiday travel comes amidst economic uncertainty and high-profile delays and problems with air traffic control during the recent government shutdown.
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The $918 million factory is projected create 1,000 jobs. Company officials and politicians say it is vital for national security.
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After a difficult year, visitor data shows that tourism has been looking up this fall.
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Home sales were anemic in Charlotte last month. Amidst ongoing economic uncertainty and the government shutdown, sales fell more than 3% last month compared to September. But the average price still rose almost 5%, to more than $511,000.Compared to October in the prior year, sales were up less than 1% last month.
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Global logistics company Maersk is adding 520 Charlotte jobs to its local office. Gov. Stein said Tuesday that Maersk will establish its North American headquarters in Charlotte.
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Edgecombe County town of Speed faces NC Local Government Commission pressure to dissolve, after failing to comply with LGC mandate for audits.
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The ban is unlikely to be overturned on legal grounds, but an expert says some North Carolina companies might keep operating anyway.
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Popular Charlotte restaurant the People’s Market said it will close both its locations in both Elizabeth and Myers Park. In a post on Facebook, the owner said the financial stress of running dual locations was part of it.
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Toyota held a ceremonial grand opening for its $14 billion factory on an 1,800-acre site in the tiny Randolph County town of Liberty.
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Gov. Josh Stein and Charlotte officials said Tuesday that Scout Motors — a startup electric vehicle maker backed by Volkswagen — will open its U.S. headquarters in east Charlotte.
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