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February 5, 2026

Fans outside the Spectrum Center during the NBA trade deadline.
Business News

Hornets’ Trade Deadline: Strategic Moves for Charlotte’s Future

Charlotte, NC, February 5, 2026 The Charlotte Hornets face crucial decisions as the NBA trade deadline approaches, with potential impacts on the local economy and community. The strategic evaluation by management highlights the balance between immediate needs and long-term vision. Sports franchises like the Hornets contribute significantly to the local economy, energizing various sectors including restaurants and retail. The connection between the team and the community fosters a shared identity, promising

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February 5, 2026 No Comments
A diverse group of entrepreneurs working together in Charlotte, NC.
Business News

Charlotte’s Business Community Strengthened by Workplace Equity Settlement

Charlotte NC, February 5, 2026 In Charlotte, NC, a significant workplace equity settlement involving Kickback Jack’s restaurants has prompted local businesses to reflect on fair hiring practices. The $1.1 million settlement addresses allegations of sex-based hiring discrimination brought by the EEOC. As the community works towards sustained economic growth, prioritizing equitable employment practices remains essential for attracting diverse talent and driving innovation. Charlotte, NC, continues to be a beacon of entrepreneurial

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February 5, 2026 No Comments
Aerial view of Charlotte NC showcasing financial district buildings.
Business News

Charlotte’s Financial Anchor: Bank of America’s $7 Billion Bond Offering

Charlotte, NC, February 5, 2026 Bank of America has recently completed a significant $7 billion bond offering, demonstrating the health and resilience of Charlotte’s financial sector. This move follows a trend among major Wall Street banks aiming to raise capital amid evolving market conditions. The bond issuance reflects the strategic maneuvers of financial institutions within a competitive landscape, ultimately benefitting local businesses and fostering economic stability in the Charlotte area. Charlotte,

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February 5, 2026 No Comments
Construction site of new residential homes in Charlotte County, Florida.
Business News

Pulte Homes Breaks Ground on 222 New Residences in Charlotte County

Charlotte County, Florida, February 5, 2026 Pulte Homes has announced a significant investment in Charlotte County, Florida, with a site purchase of $5.3 million for the construction of 222 new homes. This initiative demonstrates strong private sector confidence and aims to contribute to local economic growth, enhancing housing options and job creation in the area. The Charlotte County housing market shows positive trends, reinforcing the attractiveness of the region for prospective

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February 5, 2026 No Comments
Roselyn housing development in Lancaster County with modern homes and community amenities
Business News

Lancaster County’s Housing Boom: A Look at Roselyn

Lancaster County, SC, February 5, 2026 Lancaster County is experiencing a significant housing boom, led by a new 1,860-home community named Roselyn. This active-adult development showcases private investment and addresses the demand for housing in the region. With modern homes and ample amenities, Roselyn promises to enhance the local economy and offer diverse housing options to residents, contributing to the area’s growth and development. Charlotte, NC Lancaster County’s Housing Boom: A

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February 5, 2026 No Comments
Residential homes in Charlotte, NC with a focus on the housing market
Business News

Charlotte Home Sales Experience Modest Growth

Charlotte, NC, February 5, 2026 Charlotte’s housing market saw a positive shift, with home sales rising by 2.9%. An increase in inventory has allowed buyers to gain leverage, fostering greater opportunities for homeownership and stimulating local economic growth. This balanced market environment is helping the community thrive and supporting entrepreneurial innovation, especially in related sectors. Charlotte Home Sales Edge Up: Buyers Gain Leverage in 2025 Charlotte’s dynamic housing market saw modest

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February 5, 2026 No Comments
Racing cars on the oval track at Charlotte Motor Speedway during a NASCAR event.
Business News

Charlotte Motor Speedway Returns to Traditional NASCAR Oval

Charlotte, NC, February 5, 2026 Charlotte Motor Speedway is set to revert its fall NASCAR Cup Series race back to its classic 1.5-mile oval track after seven years on the hybrid Roval course. This decision reflects a renewed respect for racing heritage and aims to enhance fan engagement and economic impact within the Charlotte community. With NASCAR contributing over $6 billion annually to North Carolina’s economy, the change underlines the significance

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February 5, 2026 No Comments
Abby's Better Inc. Manufacturing Facility in Charlotte
Business News

Abby’s Better Inc. Faces Eviction Amid Growth Challenges

Charlotte, NC, February 5, 2026 Abby’s Better Inc., a local nut butter company in Charlotte, is facing eviction over nearly $50,000 in unpaid rent. Founded by 15-year-old Abby Kircher, the business has rapidly expanded but now contends with significant financial challenges. This case exemplifies the broader obstacles small businesses encounter in a competitive market, especially with rising operational costs and the need to balance expansion with financial management. Local resources exist

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February 5, 2026 No Comments
Professionals collaborating in a modern office showcasing cloud technology
Business News

Charlotte Tech Firm Elevates SMBs with Cloud Expertise

Charlotte NC, February 5, 2026 Dualboot Partners, a Charlotte tech company, has received the AWS Small and Medium Business Competency, enhancing its ability to deliver cloud-native solutions tailored for SMBs. This recognition marks a key milestone for the company and underscores Charlotte’s growing tech landscape. By adopting advanced technology, local businesses can boost efficiency and foster innovation, contributing positively to the region’s economic vitality. As small and medium businesses leverage cloud

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February 5, 2026 No Comments
Historic Webbley Mansion in Shelby, North Carolina undergoing revitalization.
Business News

Shelby’s Webbley Mansion Seeks Private Development Partner

Shelby, NC, February 5, 2026 The City of Shelby is investing $1 million to stabilize the historic Webbley Mansion, actively seeking a private partner for its revitalization. This project aims to preserve community heritage while fostering local economic growth. Plans for the mansion include potential uses for hospitality, retail, and office spaces, showcasing a balanced approach to historic preservation and economic development. The initiative emphasizes collaboration between public investment and private

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February 5, 2026 No Comments

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