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Headline Roundup: TWC Proposed Updates, Wells Fargo Names New Regional President, More

The city of Charlotte says it will consider a funding package of nearly $30 million for renovations and upgrades to Time Warner Cable Arena. That's lowered from the Charlotte Hornets' and Charlotte Regional Visitors Authority's original request of almost $48 million. 

The project includes adding seats and upgrades to scoreboards, flooring, and bathrooms. The Hornets would contribute $6 million over ten years. The city's portion would come from taxes on hotels and rental cars. 

City Council may vote on the plan in two weeks. 

Charlotte's Portion Of Grant For Sealed Air Corp Approved
The Charlotte City Council has approved the city’s portion of a business investment grant for Sealed Air Corporation. The company plans to bring more than 1,200 jobs to the city over the next three years.

The grant totals more than $4.4 million, with about $1.5 million of that coming from the city. Sealed Air has also received state grants for the move.

The company says the average salary for the new jobs will be $119,000. 

Winthrop Trustees Want Fundraising Foundation To Pay For President Search
Winthrop University’s board of trustees wants the school's fundraising foundation to pay for the search for a new president.  The Rock Hill Herald reports the board voted unanimously yesterday to begin talks with the Winthrop Foundation about the search.

The university paid almost $130,000 to a Florida firm in 2012 for the search that resulted in hiring Jamie Comstock Williamson.

Williamson was fired last month after a year on the job.  Board Vice Chair Karl Folkens says Winthrop will likely not use the firm that did the 2012 search.

Attorneys For Jeffrey McDonald Seeking New Trial
Attorneys for former Army Captain Jeffrey McDonald want to get their client a new trial. McDonald was convicted more than 40 years ago in the stabbing deaths of his wife and their two daughters at Fort Bragg.

The Fayetteville Observer reports the attorneys are appealing a federal judge’s ruling to deny McDonald an appeal. The judge says McDonald’s attorneys in a 2012 hearing failed to establish that their client should not have been found guilty.

McDonald’s attorneys are asking for a new trial based on a recent federal report that discredits one of the government’s witnesses in the original trial.

Coast Guard Lift Restrictions On 15-Mile Stretch Of Ohio River
The Coast Guard has lifted restrictions on a 15 mile stretch of the Ohio River where between 3,000 and 5,000 gallons of oil spilled from a Duke Energy plant.

The Coast Guard says cleanup is almost finished, and it’s closed a command center opened after last Monday’s spill.

Duke Energy says the spill was caused by a value that was left open during an oil transfer.