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December 5, 2025

Participants at a financial literacy seminar
Business News

New Financial Seminar Series Launched to Empower Communities

Charlotte, NC, December 5, 2025 Tony Jackson, founder of The Real Money Coach, has launched a financial seminar series aimed at improving financial literacy in Black and Brown communities. With over 30 years of experience, Jackson addresses key topics in retirement planning and financial education, including estate strategies, retirement taxes, and more. Held in culturally relevant venues, these seminars focus on engaging learning to bridge critical knowledge gaps. Positive feedback has

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December 5, 2025 No Comments
Interior view of a SouthPark clothing store recognized as a top retailer.
Business News

SouthPark Retailer Recognized Among Top 50 Clothing Stores Nationwide

Charlotte, North Carolina, December 5, 2025 A Charlotte clothing store in the SouthPark neighborhood has achieved national recognition by being named one of the top 50 clothing stores in the U.S. by The New York Times. Known for its designer apparel tailored for Southern style, this store is the only North Carolina retailer to receive this honor. This accolade highlights its quality, customer service, and significant contribution to the local fashion

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December 5, 2025 No Comments
Modern city skyline with digital innovation elements
Business News

Former Charlotte CIO Jeffrey Stovall Appointed to Lead Dallas Tech Overhaul

Dallas, December 5, 2025 Jeffrey Stovall, ex-CIO of Charlotte, has been appointed to lead the technology overhaul for Dallas, set to start in January 2026. His role will focus on modernizing IT systems, enhancing security, and integrating AI to tackle the city’s technology challenges, aiming for better efficiency and public trust. Former Charlotte CIO Jeffrey Stovall Appointed to Lead Dallas Tech Overhaul Stovall’s leadership promises a significant modernization for Dallas’ city

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December 5, 2025 No Comments
Grocery-anchored shopping center in Charlotte
Business News

Charlotte Developer Acquires Grocery-Anchored Shopping Center

Charlotte, North Carolina, December 5, 2025 A prominent Charlotte-based developer has acquired a grocery-anchored shopping center, aiming to enhance the portfolio of essential retail properties that serve local communities. This strategic acquisition is located in a high-traffic area and is expected to positively impact the local economy while ensuring continued access to essential retail services for residents. Charlotte Developer Acquires Grocery-Anchored Shopping Center A strategic move to enhance residential access to

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December 5, 2025 No Comments
Illustration of a small modular reactor with Charlotte skyline
Business News

Duke Energy Advances Nuclear Innovation in Charlotte, NC

Charlotte, NC, December 5, 2025 Duke Energy is making strides in advanced nuclear development by collaborating with the U.S. Department of Energy and the Tennessee Valley Authority on a $400 million grant project. This initiative focuses on deploying small modular reactor technology to ensure reliable and carbon-free energy. Duke Energy plans to assess the Belews Creek site for potential deployment and aims to submit an early site permit application to the

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December 5, 2025 No Comments
Closed K&W Cafeterias restaurant with empty tables
Business News

K&W Cafeterias Closes All Locations After 88 Years

Winston-Salem, North Carolina, December 5, 2025 K&W Cafeterias, a beloved Southern comfort food chain, has announced the permanent closure of all its locations as of December 1, 2025. After facing significant financial challenges, including falling sales and the impacts of the COVID-19 pandemic, the chain, founded in 1937, has concluded its 88-year legacy. The sudden closure impacts employees and marks the end of a dining tradition for many families in the

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December 5, 2025 No Comments
Public transit system in Charlotte featuring buses and rail in a bustling urban environment.
Business News

Charlotte’s Expanded Transit Plan: A Transformative Step for Public Transport

Charlotte, North Carolina, December 5, 2025 The Metropolitan Public Transportation Authority (MPTA) is set to transform public transport in Charlotte with a significant expansion plan. The updated Transit System Plan, approved by the Metropolitan Transit Commission, includes a 50% increase in bus services and 43 miles of new rail lines. This initiative aims to alleviate traffic congestion, improve connectivity, and support local businesses while engaging communities throughout the process. Charlotte’s Expanded

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December 5, 2025 No Comments
Graphic showcasing home equity line of credit for self-employed borrowers in Charlotte, NC.
Business News

Deephaven Mortgage Launches Innovative Equity Advantage HELOC

Charlotte, NC, December 5, 2025 Deephaven Mortgage has introduced the Equity Advantage HELOC, a home equity line of credit designed for self-employed individuals in Charlotte, NC. This new financing option allows borrowers to tap into their home equity without refinancing existing low-rate mortgages, utilizing 12 months of bank statements for qualification instead of traditional tax returns. With loan amounts up to $400,000 and flexible terms, this initiative supports local entrepreneurs seeking

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December 5, 2025 No Comments
Frontier Airlines plane at Charlotte Douglas International Airport
Business News

Frontier Airlines Expands Caribbean Service from Charlotte

Charlotte, NC, December 5, 2025 Frontier Airlines is launching new nonstop flights from Charlotte Douglas International Airport to Cancun International Airport in Mexico, starting March 6, 2026. This service will operate three times per week and offers an introductory fare starting at $99. With this addition, Frontier will serve a total of 14 destinations from Charlotte, enhancing options for travelers in the region and fulfilling the airline’s commitment to provide affordable

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December 5, 2025 No Comments
Office scene depicting financial advisors discussing investment strategies
Business News

Horizon to Acquire Anfield Capital Management

Charlotte, N.C., December 5, 2025 Horizon, an investment and technology solutions provider, has announced its acquisition of Anfield Capital Management, a California-based firm specializing in fixed income investing. This move aims to enhance Horizon’s offerings in fixed income products and OCIO services. With approximately $662 million in assets under management, the acquisition is expected to close in the first half of 2026, pending approvals. Horizon’s CEO emphasized the strategic fit and

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December 5, 2025 No Comments

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