Business

Let’s turn now to an update on part of Charlotte’s Unified Development Ordinance, which took effect in 2023. The overhaul of the city’s development rules allowed denser housing in more places, including accessory dwelling units or ADUs. But despite high interest and demand for ADUs, so far, few have been built. For more, Tony Mecia of the Charlotte Ledger Business Newsletter joined Marshall Terry for our segment BizWorthy.

The $918 million factory is projected create 1,000 jobs. Company officials and politicians say it is vital for national security.

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.

The Latin American Chamber of Commerce has named a new head for Spark Centro, a hub for Latino entrepreneurs under construction on Albemarle Road in east Charlotte.

This week, WFAE's Marshall Terry and WRAL's Paul Specht are fact-checking two claims. The first is related to an expansion of internet access in the state under a Biden-era law. In a recent post on his Truth Social site, President Trump called the Digital Equity Act racist and illegal and said he will end it.

The EU is America's biggest business partner and the world's largest trading bloc. The U.S. decision will have repercussions for governments, companies and consumers on both sides of the Atlantic.