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Business News

Stay informed with the latest updates in Charlotte NC Business News, your go-to source for comprehensive coverage of local economic developments, corporate announcements, and entrepreneurial trends. This category page features articles on significant business milestones, profiles of innovative startups, and insights into the success of established companies within the Charlotte area. Readers can explore in-depth analyses of market fluctuations, job growth, and industry-specific news that highlight the thriving business environment of the Queen City. Stay connected with the dynamic landscape of Charlotte’s economy and learn how it impacts communities, consumers, and investors alike.

In addition to breaking news, Charlotte NC Business News offers expert opinions from local business leaders and economic analysts, providing a well-rounded perspective on the region’s business climate. This page includes information on networking events, workshops, and seminars that can help entrepreneurs and professionals enhance their skills and grow their networks. Whether you’re a business owner, an investor, or simply interested in the commercial scene, our articles cover everything from financial updates and real estate developments to legislative impacts on local businesses. Keep up with the pulse of Charlotte’s economy and discover the opportunities that lie ahead.

Overview of the Charlotte housing market with homes in an urban setting.
Business News

Charlotte Faces Housing Market Challenges Ahead of 2024

News Summary As Charlotte approaches 2024, its housing market encounters various challenges, including privacy concerns and fluctuating home prices. Sellers are increasingly cautious about revealing personal belongings in listings due to privacy breaches. Despite a dip in home inventory leading to a seller’s market, the upcoming $6 billion River District project brings hope for future development. Experts remain cautiously optimistic, anticipating a potential improvement in inventory and buyer conditions with

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January 7, 2025 No Comments
Whataburger restaurant exterior at Clear Creek Crossing in Charlotte, NC
Business News

Whataburger Set to Open in Charlotte in March 2025

News Summary Whataburger, the beloved Texas burger chain, is expanding to Charlotte, North Carolina, with its first location scheduled to open in March 2025 at Clear Creek Crossing. The restaurant will feature modern amenities such as double drive-thrus and digital ordering options. Plans for further expansion into the Triangle area are also in the works, with future locations eyed in Raleigh and Durham. Excitement builds as locals anticipate the arrival

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January 7, 2025 No Comments
A luxurious home on Lake Wylie waterfront with beautiful landscaping.
Business News

Lake Wylie Sets New Record with $5.6 Million Home Sale

News Summary In a groundbreaking sale, a Lake Wylie home sold for $5.6 million, marking the highest price ever in the Charlotte area real estate market. This luxurious estate spans 17,000 square feet on 11 waterfront acres, featuring seven bedrooms, eight bathrooms, and a guest house. The sale reflects the growing demand for high-end homes in Lake Wylie, with several properties recently exceeding $1 million. As the market flourishes, Lake

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January 6, 2025 No Comments
Interior of Fenwick's Restaurant in Charlotte
Business News

Fenwick’s Restaurant to Close After 40 Years in Charlotte

News Summary Fenwick’s Restaurant in Charlotte, a cherished establishment for 40 years, will close its doors in March 2025. Owner Don Rabb announced the decision, which comes after the passing of his wife and a desire to retire. The restaurant, known for its American cuisine and community connection, aims to celebrate its legacy in its final days. Fenwick’s has been a staple in the Myers Park neighborhood and will be

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January 6, 2025 No Comments
Community members gathering in a historic neighborhood after a fire incident.
Business News

Charlotte Fire Tragedy: Community Rallies After Fatal Incident

News Summary A devastating fire at Springfield Square Condos in Charlotte’s Fourth Ward resulted in the tragic loss of a 69-year-old woman and left many residents homeless. Firefighters responded promptly, but the incident has deeply impacted the community. As they seek recovery and support, events like the upcoming Secret Gardens tour aim to foster unity and resilience in the face of adversity. Charlotte Fire Tragedy: Community Rallies After Fatal Incident

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January 4, 2025 No Comments
A colorful spread of gourmet meals showcasing the variety offered during Queen's Feast in Charlotte.
Business News

Queen’s Feast Returns to Charlotte with Culinary Delights!

News Summary Charlotte’s highly anticipated Queen’s Feast, or Restaurant Week, is back from January 17-26, 2025, inviting food enthusiasts to explore over 100 restaurants. With prix fixe pricing from $30 to $50, diners can enjoy diverse cuisines across multiple counties. Reservations are recommended to secure a spot at popular venues like The Bottle Tree and Cajun Queen. Get ready to savor exquisite dishes and discover new favorites during this festive

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January 4, 2025 No Comments
Apprentices in a diesel technology workshop
Automotive

New Apprenticeship Program in Charlotte Transforms Diesel Careers

News Summary Charlotte’s vibrant diesel technology sector is gaining momentum with a new apprenticeship program facilitated by prominent companies and Central Piedmont Community College. The program combines classroom education with practical training, enabling students like Timothy Duhart to transition into rewarding careers. Graduates can expect competitive salaries starting around $50,000 and opportunities for advancement in various diesel-related fields. An upcoming information session invites prospective students to explore this promising pathway

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January 1, 2025 No Comments
A family decorating their home with festive lights, celebrating savings on their electricity bills due to rate reductions.
Business News

Duke Energy Carolinas Announces Electric Rate Reduction

News Summary Duke Energy Carolinas has announced a 6.2% reduction in electric rates effective January 1, benefiting customers in Charlotte and surrounding areas. This change, driven by decreasing fuel prices, will result in an average monthly savings of approximately $8.96 for residential customers using 1,000 kWh. Commercial customers will see an average decrease of 11.5%, while industrial customers will benefit from a smaller reduction. With around 2.2 million households and

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January 1, 2025 No Comments

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