Minimum Wage

The Senate parliamentarian informed lawmakers that a plan to gradually increase the federal minimum wage to $15 by 2025 does not fit the complicated rules that govern budget bills in the Senate.

Novant Health on Wednesday announced it’s raising its minimum wage from $12.50 per hour to $15 per hour. The Winston-Salem-based health system said the change takes effect in January and is expected to benefit more than 2,000 team members, including nearly 1,300 in the Charlotte area.

Revenues and profits at Bank of America fell during the fourth quarter amid a sharp drop in interest rates at the end of the year. But CEO Brian Moynihan…

There’s been good news on the Charlotte wage front in the past couple of years: Some of the city’s largest employers have announced significant minimum…