Business

  Nearly 450,000 North Carolinians file for unemployment

Members of North Carolina’s House Select Committee on COVID-19 received an update on the status of the state’s unemployment applications. Members of the committee’s economic support working group participated in the meeting via conference call to maintain social distancing.

  People who lost jobs before and during coronavirus pandemic struggle to find employment

  Donations, trash piling up at closed Goodwill locations in the Charlotte area

Hobby Lobby open during coronavirus pandemic, even as other retailers close

Charlotte-based Honeywell CEO speaks about masks during White House COVID-19 presser

Daniel Stowe Botanical Garden closing indefinitely, staff reduced to 9 due to COVID-19 crisis

QuikTrip hiring workers in the Charlotte area during COVID-19 outbreak

Continued Coverage

  Charlotte gun store owner speaks on business being deemed ‘essential’

  NC residents continue to have trouble calling about unemployment issues amid COVID-19 pandemic

  Waffle House closes more than 400 locations due to COVID-19, largest number in company history

  Charlotte businesses shut down Wednesday night to comply with state order

Amazon suspends 3,900 sellers for coronavirus-related price gouging

  Hairstylists, barbers respond to N.C. governor’s order to close due to COVID-19 outbreak

  Northlake Mall to close for two weeks due to coronavirus pandemic

Northlake Mall officials announced that the mall will be suspending hours until April 6 due to the coronavirus pandemic.

Kroger giving appreciation bonuses for employees working during coronavirus pandemic

Employees working at Kroger will be receiving an appreciation bonus for those working during the coronavirus pandemic.

Vice President Pence says he and his wife will be tested for coronavirus

Pence made the announcement during the daily briefing by members of the Coronavirus Task Force, who are charged with leading the U.S. response to the coronavirus pandemic.

Lowe’s commits $25 million, updates operations in response to coronavirus pandemic

Lowe’s is changing the company’s operations and committing $25 million to product, funds and collaboration as the coronavirus pandemic continues.

  TJ Maxx, HomeGoods, and Kohl’s stores closing for two weeks

Major hotel executive: “I’ve just cut 95% of my staff

  Concord Mills, SouthPark Mall, Charlotte Premium Outlets temporarily closing due to COVID-19 outbreak

  ‘It’s been incredibly emotional’: Restaurant group president talks about difficulty of operating during coronavirus outbreak

Target reserves first shopping hour each Wednesday for elderly, reduces store hours

Walmart now putting restrictions on some items, introducing senior shopping hour

  Small business owners revamp business models amidst coronavirus impacts

Small business owners are also wondering how they’ll continue to not only pay their employees but keep afloat.

  ‘Shelter-in-place’ a possibility in Mecklenburg Co. as gyms, health clubs, theaters ordered to close for 4 weeks

Addressing county commissioners Tuesday night, Mecklenburg Public Health Director Gibbie Harris said a “shelter-in-place” order might not be too far off in the future.

  Local business owner speaks after governor’s order to limit dining in restaurants

Governor Roy Cooper ordered all restaurants and bars in the state to close for dine-in customers, effective at 5 p.m. Tuesday.

Amazon to hire 1,000 in Charlotte area, 2,500 across Carolinas to keep up with order surges

Amazon is bringing 2,500 jobs to the Carolinas to keep up with orders as people stay home and order online due to the coronavirus.

  Barbers say they can’t afford to practice ‘social distance’ during coronavirus outbreak

A Charlotte barber says working from home and staying away from people to cut down his exposure to germs is not an option. There is just no way to be a barber without touching clients.

  Catawba Indian Nation to announce plans for new casino in Kings Mountain, N.C.

The Catawba Indian Nation will present plans and renderings of the new destination casino planned for a site in Kings Mountain, N.C. on Friday.

Wells Fargo board chair, who broke glass ceilings in banking, resigns under pressure

Elizabeth “Betsy” Duke resigned as chair of the board of directors of Wells Fargo on Monday after the publication of two Congressional reports that were critical of her leadership.

  As CIAA heads to Baltimore, Charlotte city leaders wonder what will replace it

The Central Intercollegiate Athletic Association (CIAA) basketball tournament is headed to Baltimore, and has left Charlotte city leaders wondering what could take its place.

SNAXPO 2020, an international snack industry convention, canceled in Charlotte due to travel restrictions

SNAXPO, the self-proclaimed “most comprehensive event devoted exclusively to the international snack industry,” is canceling its 2020 Charlotte convention due to travel restrictions.

  Wells Fargo and Lowe’s announce immediate coronavirus travel restrictions for workers

Wells Fargo said it is restricting all non-essential air travel in the U.S. in reaction to the continued spread of the new strain of coronavirus that appeared late last year. Mooresville-based Lowe’s is also restricting business travel.

  Financial advisors say stock market drop serves as stark reminder to get a proper retirement plan

A Charlotte financial advisor says last week’s drop in the market should serve as a wake-up call to those who are investing without a proper plan.

  Harris Teeter making changes to its 24-hour grocery stores, including in Charlotte

One of Charlotte’s last major grocers that never closes certain stores is changing its hours at those sites.

  Charlotte businesses aim to ‘make the most’ of last year hosting CIAA

In 2018, the event made a $50.5 million economic impact on the city. In 2019, the event had a total economic impact of $43.7 million.

Tuesday will mark Charlotte’s last CIAA tournament before moving to Baltimore

Charlotte is getting ready to host the CIAA tournament for the last time before the event heads to Baltimore. The tournament kicks off this Tuesday.

  Wells Fargo to pay $3 billion in settlement with feds over ‘staggering’ illegal conduct

Federal prosecutors and the SEC announced a settlement with Wells Fargo for $3 billion Friday, closing the long-running federal probes into the bank’s sham sales practices.

  York County nonprofit feels loss of Earth Fare stores closing

In addition to jobs lost, nonprofits that received support from Earth Fare are also feeling the impact of the store’s closure.

Supreme Oreos are selling on eBay for over $10,000

Oreo's latest collaboration with streetwear brand Supreme isn't such a sweet deal. Supreme's designer Oreos launched in New York City Thursday, and they're already selling on eBay for more than $10,000.

’Difficult but... necessary,’ Belk confirms dozens of layoffs at corporate office

Charlotte-based Belk has cut about 80 corporate positions, a company spokeswoman confirmed Monday.

  Concord residents hopeful for new company at old Philip Morris plant site

The Concord City Council Thursday night voted to approve an economic development grant for a new project on the site of the old Philip Morris plant.

  Bunker Labs: Nonprofit helps veterans start businesses

Bunker Labs’ 35th chapter begins when it comes to Charlotte on Feb. 27. It will start with monthly meetups, called Bunker Brews. Then, it will evolve into a more structured program.

Furniture maker eyes $86 million project, over 250 jobs for site near Charlotte

The city of Concord is preparing to offer taxpayer incentives to a furniture maker to bring several hundred jobs to the former Philip Morris plant as part of an $86 million investment.

  ‘I’ll just suck it up’; Small businesses in uptown prepare for possible loss of customers during RNC

As CMPD finalizes the security perimeter and starts preparations in Uptown, local businesses are gearing up too.

Earth Fare to close all of its stores, including seven in the Charlotte area

The Asheville company cited challenges in the retail industry in a press release announcing the closure.

  Movement at Eastland: City files rezoning petition for MLS development

It’s only the beginning of a years long process developing the property into a hub for the new Major League Soccer team and potentially a new incubator for growth on the east side of the city.

  Councilman hasn’t filed conflict of interest form since 2018

City policy notes that council members are only investigated for ethics violations if a complaint is filed against them with the city clerk.

  Beloved family-owned country store, McGill’s, closing after 132 years in York County

The family-owned general store has become a staple for anyone travelling the country roads and looking for a bite to eat, a cold drink or just some friendly conversation around the old stove.

Former Wells Fargo CEO fined, banned from industry for life due to fake accounts scandal

Former Wells Fargo CEO John Stumpf agreed to a lifetime ban from the banking industry and $17.5 million fine on Thursday, a result of the fake-accounts scandal that roiled Wells Fargo when he ran the bank.

Struggling Minnesota church asks older members to go away

A struggling Minnesota church is asking its older parishioners to leave in hopes of making it more attractive to young families.

  Woman files lawsuit against faith-based organization, claims company is not following the law

A lawsuit against a Christian broadcaster based in South Charlotte was filed this month. A former employee – who was fired – has accused the company of failing to pay her what she was promised and forcing her to work overtime without extra pay.

BJ’s to close its Metropolitan location. Here’s what we know.

The BJ’s Wholesale club at 900 Metropolitan Ave. is closing by Feb. 1, along with another location in Geneva, N.Y, said Kristy Houston, BJ’s director of public relations and social media. The store no longer appears on the website’s club locator function.

  Ski slopes hurting, weather help on the way, say forecasters

The slopes are open but the few skiers that are there are navigating through slushy conditions.

  CARFAX customers say company’s incomplete vehicle reports cost them thousands of dollars

Several customers bought used cars with clean CARFAX customers but CARFAX reports run at later dates showed significant issues with the cars.

  Uptown eatery says profits have been hurt by nearby construction

An uptown Charlotte restaurant has suffered due to nearby construction.

  New tobacco buying law sparks confusion

New year, new laws. Now that the federal minimum age to by tobacco products has been bumped up to 21 – some people say they’re struggling with the change. Some smoke shops in Charlotte are still selling tobacco products to anyone 18 and up. Why? They say they didn’t think the new law would go into

  Former Panther Mike Tolbert plans to open boxing studio in SouthPark area

Mike Tolbert, a three-time NFL Pro-Bowler once known for his powerful running style, used to spend hours in the boxing ring as part of his off-season conditioning workouts. Now, he is preparing to open a state-of-the-art boxing studio in the Charlotte area.

  Charlotte ranks top 10 in apartment construction

According to the real estate research firm Real Page the Charlotte metro area ranks tenth in permits for multifamily development. Mecklenburg County ranked third in the country.

  Why are collard greens and black-eyed peas considered ‘good luck’ meals for the New Year?

There are many ways you can bring in the new year. Some will start 2020 by focusing on personal New Year’s resolutions, and others will eat a special meal in hopes to bring good fortune.

  Gun sales strong this holiday season in Alexander Co.

While most shoppers flocked to malls to find the special Christmas gifts they wanted to give this year, others went to stores that sell firearms.

  Changing the legal smoking age will put a dent in business for some Charlotte tobacco shops

A new bill passed by the U.S. Senate will impact people and teens around the country. It’s particularly notable for North Carolina, a state where history is based on tobacco fields and production.

  Winthrop University researchers say phenomenon of Black Friday has changed, as online sales skyrocket

Eight of the 10 busiest shopping days of the year are still ahead of us in this condensed shopping season. There’s just 22 days between Cyber Monday and Christmas.

  While others shop online, they cling to Black Friday tradition: ‘I don’t like waiting’

They’re holding on to the shopping tradition even as Americans turn increasingly to online retailers for their holiday shopping.

  Charlotte shops gearing up for Small Business Saturday

Small Business Saturday is a chance for locally-owned and operated businesses to get the word out about their products.

  Small Business Saturday sales are a win for everybody

“Being a small business, we love seeing familiar faces come through the door,” Lisa Pearce said of tomorrow’s Small Business Saturday sale at South End Exchange.

  ‘Big’ basketball tournament headed to Charlotte in 2021

Tuesday, the Big South conference, which is headquartered in Charlotte, announced it would be bringing its tournaments to Charlotte from 2021 to 2023, at a press conference at Bojangles Coliseum.

  BB&T, SunTrust deal receives final approval from regulators for $66 billion merger

The $66 billion merger between BB&T and SunTrust banks received the last pieces of regulatory approvals Tuesday, allowing the largest bank merger since the financial crisis to move forward.

  There’s a possibility that major changes are coming to the Epicentre

The way you spend your time at the Epicenter may be changing.Various reports are out now of property managers trying to rebrand this party place in Uptown from bars and nightlife to retail and business.

Historic Excelsior Club under contract again after other efforts have fallen through

After the fate of the Excelsior Club was up in the air for months, the historic landmark is under contract again, the broker for the property said Friday.

Bank of America is raising its minimum wage for workers sooner than expected

Bank of America will raise its minimum wage from $17 to $20 an hour early next year, more than a year sooner than previously announced.

  Charlotte AirBNB hosts react to ban on ‘party houses’

Thousands of hosts are learning about one AirBNB party that got out of hand, where four people were shot and killed, in California.

  Local leaders concerned I-77 project delay could mean higher toll prices

Starting Friday, Cintra will now pay $10,000 in fines for each portion of its contract not completed, per day. With three portions not complete now, that is $30,000 for each day it takes to finish.

More jobs headed to Charlotte as tech company details plans to hire about 200 people

Charlotte-based artificial intelligence firm Stratifyd said Thursday it will add around 200 jobs in Charlotte, the latest in a spate of technology companies to expand in the city.

  How a Charlotte man wants to use his new business to lead others out of lives of crime

The dad of seven wants to show young people how to learn a trade, and help other parents get on the right path for their kids.

Microsoft to invest $23 million in Charlotte campus, creating over 400 high-paying jobs

Gov. Roy Cooper and local officials announced Friday that Microsoft will expand its Charlotte campus for a total investment of $23 million that will bring 430 new jobs.

  Pool contractor slipped through NC Licensing Board despite bankruptcies, lawsuit

A WBTV Investigation into how a pool contractor swindled dozens of customers out of thousands of dollars has raised new questions about the process contractors go through in North Carolina to obtain a license.

150 jobs are coming to University area in Charlotte. Here’s how to apply.

A Connecticut-based equipment rental company is expanding in the Charlotte market with 150 new jobs up for grabs starting this week.

  Charlotte councilmembers say no vote on LYNX Silver Line until more planning is done

We’re still waiting to see how much of your tax dollars will be spent to help pay for the proposed LYNX Silver Line train service in Charlotte. City council says this light rail is set to run through Union, Mecklenburg and Gaston counties -- making it three times longer than the LYNX Blue Line that’

‘Jesus shoes’ with holy water in the soles are selling for $4,000

MSCHF also sourced holy water from the River Jordan, which was blessed by a priest in Brooklyn and added it to the soles of the sneaker.

  Residents, businesses forced to deal with boil water advisory in York County

People across York County are still under a boil water advisory because of a massive water main break.