Business

  Local pizza joint offering free pizza to federal employees impacted by government shutdown

The owner of Pure Pizza took to Instagram to announce that any federal employee who did not get paid on Friday could come into either restaurant location and eat for free.

  What happens to gift cards for bankrupt companies?

Gray Chairman, CEO Hilton H. Howell Jr. rang the closing bell at the New York Stock Exchange

Local small business can’t expand because of partial government shutdown

New CLT destinations include the tropics. But other sites are ‘definitely not sexy.’

Local breweries impacted by government shutdown

Lowe’s announces a major restructuring that involves adding and slashing jobs

Continued Coverage

These changes will bring new entertainment and housing options to University City

Budding business in downtown Fort Mill makes what’s old new again

Ground broken for amphitheater at Conover Station

Construction begins on 29-story uptown bank tower. It will have more than offices

Women in Charlotte are overcoming troubles with jewelry-making

Longtime Charlotte Chamber CEO withdraws as candidate to run merged business group

ServiceMac to open new office, create 1,000 jobs in Lancaster County

The company’s $24 million investment is expected to create around 1,000 new jobs to the county over the next five years.

We finally know what Charlotte and Mecklenburg would have offered Amazon for HQ2

The local offer includes just over $100 million from the city, and over $170.5 million from the county, to be paid over a 15-year period, the records show.

  AvidXchange to hire over 1,200 workers in exchange for millions in incentives

The Charlotte tech company AvidXchange will hire over 1,200 people over the next five years, a move that will more than double its local footprint, officials said Tuesday.

New $17 million, multi-use facility coming to Kannapolis

The 300,000 square foot facility, being built by Triliad Development Inc., is going up on Kannapolis Parkway near Stewart-Haas Racing and NC 73, close to the new Kannapolis Amazon Distribution Facility.

Charlotte retailer agrees to multimillion-dollar settlement over discrimination claims

Price gouging law now in effect as winter storm approaches

Duke Energy announces plans for new uptown tower

North Carolina tops Best State for Business ranking for second straight year

LendingTree bringing HQ, 400+ jobs to Charlotte

Honeywell to pay median salaries of $85,000 in Charlotte. Here’s how to apply.

  Charlotte business cancels Lake Norman expansion due to I-77 tolls

I-77 congestion may be causing more than bumper-to-bumper traffic - it may be causing trouble for the economies of areas along the highway.

What you need to know for Charlotte’s Small Business Saturday

150 small businesses will line the streets of South End Charlotte on Saturday. Some say the event keeps them going year-long.

Black Friday deals across Charlotte, brick-and-mortar still drawing crowds

Shoppers said they were on a mission to find the best deals that could only be scored in a store.

Black Friday begins at Concord Mills Mall

The doors opened at 6 p.m. but lines were built up outside well before the opening.

Atrium Health cheated employees over retirement, health benefits, lawsuit claims

A group of former Atrium Health employees has filed a federal class action lawsuit against the health care company

Local doughnut maker expands and adds Charlotte bread company

Courtney Buckley of Your Mom’s Donuts is expanding again: Buckley told The Observer on Monday that she has agreed to buy local bread maker Carolina Artisan Breads.

  Wells Fargo layoffs begin hitting Charlotte area under major job-cutting plan

Of the Charlotte-area cuts, 111 are in the bank’s mortgage-servicing operation in Fort Mill, the bank said.

Charlotte’s Affordable Housing Crisis: What’s being done to solve it?

The search to find affordable housing Charlotte is a struggle so many can attest to. Did you know 46 percent of the city’s workforce cannot afford appropriate housing for their families?

Chemical company to lay off dozens in Charlotte

The German chemical company BASF will lay off over 50 workers in Charlotte as it shuts down a department at one plant and merges a unit at another local facility with Solenis International, a specialty chemical manufacturer based in Delaware.

Loud construction noise at night causing Uptown residents sleep deprivation

Noise levels from construction in Uptown Charlotte have caused sleep deprivation for some residents.

Charlotte restaurant owner faces backlash over “Finish the Wall” sign

A restaurant owner is getting backlash after a photo was snapped of him at a Trump rally in Charlotte.

Lowe’s to close dozens of underperforming stores across the US and Canada

Lowe’s is closing 51 underperforming stores across the U.S. and Canada.

CBD dispensary opens in Charlotte despite stigma, setbacks

Everything sold at Charlotte CBD is legal. It’s third-party tested, and most of the products are even processed locally in North Carolina.

E-scooter company Lime recalls scooters due to fire concerns

In several isolated instances, the company says a manufacturing defect could result in the battery smoldering or, in some cases, catching fire.

A major uptown Charlotte building will soon get a big makeover

The BB&T Center and connecting Overstreet Mall will soon look much different.

Nutramax Laboratories brings $20 million investment, 225 jobs to Lancaster County

Nutramax invests $200 million into Lancaster Co.

Three area Sears stores close following company bankruptcy

Sears files for bankruptcy

Comfy Coach aims to reduce traffic stress in Charlotte

The service picks up passengers from their neighborhoods and then takes them to the front door of their jobs in Uptown. Trips start at about $8 and the price varies depending on where you get picked up.

Krispy Kreme prompts ‘madness’ in Ireland after NC-based chain opens store near Dublin

Krispy Kreme Ireland opened the store in Blanchardstown on Sept. 26 — its first location in the country, according to a company tweet the next day.

Some still struggling to find work despite low unemployment numbers

The national unemployment rate is lower than we've seen in almost 50 years - 3.7 percent, which is the exact same as the rate in the Charlotte area.

17,000 Charlotte hotels rooms already booked for 2020 RNC

One day after the convention dates were announced, the Charlotte Regional Visitors Authority said about two-thirds of local hotel rooms were already booked solid for that last week of August.

Two NC quick pass customer service centers open in Charlotte area

North Carolina opened two customer service centers Tuesday ahead of the tolls lanes scheduled to open in the Charlotte area later in 2018.

Charlotte Hornets to respond to a top fan concern: the price of food and drinks

Fans will soon notice that some food and drink items are cheaper at the Charlotte Hornets’ arena uptown.

This manufacturer will add over 300 jobs and invest $3 million in Charlotte

Dental equipment maker Dentsply Sirona says it will make Charlotte its new U.S. commercial hub, adding 320 positions here over the next three years.

Embattled Wells Fargo plans to slash thousands of jobs

Wells Fargo is based in San Francisco but maintains its largest employee base in Charlotte, where it has about 25,100 workers in the metro area.

Family Dollar to close Matthews, NC headquarters; 900 jobs affected

Three years after buying Family Dollar, Dollar Tree is closing the Matthews headquarters of the retail giant started by the Levine Family, a move that will affect 700 local jobs.

Matthews mayor responds to Family Dollar’s HQ leaving

The good news is the Distribution Center in Matthews will not close. Dollar Tree CEO Gary Philbin issued a statement concerning the shutdown of the Matthews headquarters.

Ei SolutionWorks closing plant in Kannapolis, laying off about 300 workers

Ei SolutionWorks announced on Friday it would be closing a plan tin Kannapolis, laying off approximately 300 workers.

Businesses bypassed by almost-complete Monroe Expressway

Business employees say they are being affected by the construction near Highway 74

Public transit, pedestrian bridge to start in Rock Hill for University Center development

The 23-acre development is being constructed between downtown and Winthrop University. It will include an indoor sports arena, office space, retail space, restaurants and breweries, and eventually housing.

Summer tourism hits high note on Labor Day, fall color season is next

While no records will be broken this year, most businesses that cater to the tourist trade say the economy has been solid.

Former Knights stadium site to be headquarters for RoundPoint Mortgage Servicing Corporation

RoundPoint CEO Kevin Brungardt says the company will invest $30 million into the three-story, 150,000 square-foot facility in the coming years.

Company files WARN notice, two furniture plants could shut down with hundreds laid off

The WARN notice, Workers Adjustment and Retraining Notification  letter says the company is trying to find a "suitable buyer" but if none is found in 60 days, the factories will close.

Charlotte city council approves Housing Charlotte Framework

Right now, the city is 24,000 units shy of what it needs for households at and below 50 percent of the area median income.?

Hotel planned for downtown Morganton

In a time when many small-town downtowns have struggled to survive, it is a further indication of how Morganton is faring.

Man's family suing Charlotte police over fatal shooting

The family of Josue Javier Diaz filed a lawsuit Friday against the City of Charlotte and the officer involved, according to media outlets.

Bojangles’ is closing restaurants and dropping some menu items. Is a sale next?

Fast food chain Bojangles is looking to close several stores in the area and remove some menu items. This comes as the chain's CEO recently stepped down.

This is the best hospital in Charlotte, according to a new national ranking

Carolinas Medical Center is the best hospital in the Charlotte region, according to annual U.S. News & World Report rankings released Tuesday.

  Plaza Midwood store's special sale draws unpredictable crowd size, upsets nearby business owners

Social Status sells clothing and sneakers. When the store is selling a popular item that's in demand, other business owners say crowds line up hours before the store opens.

Here’s what killed Charlotte’s first planned ‘tiny house’ project

City planning staff considered regulations this year that would have barred tiny houses in Charlotte, though they ultimately shelved the proposal in March.

Wells Fargo: Mistake contributed to hundreds of foreclosures

The error in the bank's underwriting tool lasted from 2010 until it was fixed in late 2015, an internal review found.

Amazon Distribution Center headed to Charlotte, commitment finalized

The project, expected to encompass 2.5 million square feet of warehouse space, will be located south of I-85 and east of I-485, and will require a realignment of Tuckaseegee Road and the extension of Todd Road.

Bike-sharing company ofo leaving Charlotte

In an email to riders, the company said they did some critical thinking about the markets they operate in, and how to deliver the best ofo experience possible to their riders.

Portion of Surf and Turf Lodge re-opens after Bessemer City tragedy

On Friday, the owner opened up the rebuilt portion of the restaurant to customers, but it looks much different.

Group turning 'Inmates to Entrepreneurs' launches Charlotte program

Raleigh-based program "Inmates to Entrepreneurs" is changing the lives of people with criminal records, and the program will now expand to Charlotte.

Charlotte could lose its largest event, the millions it generates

Charlotte is in jeopardy of losing its largest annual event and the millions of dollars it brings in.

Boom to bust? Charlotte's at risk of building too many apartments, new study says

Developers could be forced to offer bigger breaks on rent and other incentives, such as reduced security deposits, to lure tenants for the pricey new buildings under construction.

Charlotte's losing 'a little bit of the luster.' Just one bank has its HQ here now.

Charlotte might be a major hub for the financial services sector, but it's now headquarters to just one bank.

Businesses prepare to sell fireworks in the Carolinas for the Fourth of July

The demand for these fireworks are so high, the people who run the business are staying open for 24 hours until after the holiday.

Charlotte city council votes on Amazon deal that will bring 1,500 jobs

Charlotte City Council is set to vote on a major deal involving Amazon at its Monday night meeting. City leaders say it will vote on turning a large piece of property located at Tuckaseegee and Todd Road into a first of its kind Amazon distribution center.

Charlotte may spend millions to bring Amazon distribution center near the airport

The airport said it's the biggest development nearby since Norfolk Southern railroad moved its intermodal yard there four years ago.

Charlotte's grocery wars are getting even more intense. Just look at Cotswold.

The 46,000-square-foot store is so close to the Harris Teeter across Randolph Road that you could park and do half your shopping at one store, walk a few hundred feet across the street and finish your trip at the other.

New report finds taxpayers could pay more than $200 million for I-77 toll lane default

The report was prepared in response to questions submitted by lawmakers regarding the I-77 toll lanes project.

Controversial 20-story building approved for Charlotte's Midtown

A new 20-story building is approved for Midtown, the tallest of anything else in that area.?

People don't trust social media - and that's hurting businesses

If you thought social media was a cesspool of fake news, trolling and creepiness, it turns out that people across the world agree with you.

Hey Charlotte - KFC is testing Chicken and Waffles in the QC!

The mind-blowing combination of chicken and waffles is heading to a KFC restaurant near you!

New ABC store approved near Charlotte

An opening date of the store was not immediately available.

There's an 'arms race' to lure renters, and it now involves pet spas and beer gardens

The list of amenities in some new Charlotte apartment buildings sounds more like what you'd expect in a high-end resort than a rental unit where you might live for a year or two.