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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.

A collage of Charlotte's retail environment displaying stores and shopping areas
Business News

Charlotte’s Retail Legacy: Evolution and Influence

Charlotte NC, December 12, 2025 Charlotte, North Carolina, has established itself as a significant retail hub, shaping both the city’s identity and the broader American retail landscape. Notably, Belk, founded in 1888, became a cornerstone for local retail, expanding to nearly 400 stores. The thriving retail scene has created numerous economic opportunities, and even as consumer habits evolve with the rise of e-commerce, Charlotte continues to attract major retailers like ZARA.

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December 12, 2025 No Comments
Conceptual illustration of Lake Norman commercial and residential development
Business News

New Owners to Revive Stalled Commercial Development in Lake Norman Area

Mooresville, NC, December 12, 2025 A significant commercial development project in the Lake Norman area is set to resume under new ownership, aiming to revitalize the local economy. The initiative, previously delayed, will now bring approximately 875 residential units and around 397,000 square feet of commercial space for retail and entertainment, enhancing opportunities for the community. Construction is expected to begin soon, with phased development planned to minimize disruptions. New Owners

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December 12, 2025 No Comments
Financial growth representation for Barings Participation Investors dividend announcement
Business News

Barings Participation Investors Declares Quarterly Cash Dividend

Charlotte NC, December 12, 2025 Barings Participation Investors has announced a quarterly cash dividend of $0.37 per share, demonstrating a continued commitment to shareholder value. The dividend is payable on January 16, 2026, with payments based on net investment income. This move reflects Barings’ effective asset management strategies and the resilience of the Charlotte economy, of which the company is a significant part. The Board of Trustees will meet next in

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December 12, 2025 No Comments
High-end office buildings in Charlotte, North Carolina
Business News

Charlotte Tops Nation in High-End Office Space Growth

Charlotte, North Carolina, December 12, 2025 Charlotte, North Carolina is leading the country in high-end office space growth, propelled by substantial expansions from financial firms. Recent years have shown a surge in demand for premium office spaces, with significant investments and job additions from companies like Citigroup and EY. This trend solidifies Charlotte’s stature as a rising financial hub, promoting economic growth and job creation in the region. Charlotte Tops Nation

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December 12, 2025 No Comments
Racing cars at a grassroots motorsports event in Charlotte, NC.
Business News

Parella Motorsports Holdings Acquires Racing America

Charlotte, NC, December 11, 2025 Parella Motorsports Holdings has successfully acquired Racing America, creating North America’s largest integrated grassroots motorsports platform. Headquartered in Charlotte, this strategic move enhances engagement within the local racing community and introduces innovative features for fans and competitors. The acquisition is poised to boost the economy and foster collaboration among local businesses. Velocity Capital Management facilitated the acquisition, anticipating exciting developments as the 2026 season approaches. Parella

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December 11, 2025 No Comments
Drone delivering groceries in Atlanta suburb
Business News

Walmart Launches Drone Delivery Service in Metro Atlanta

Atlanta, Georgia, December 11, 2025 Walmart has launched its first drone delivery service in metro Atlanta, providing customers within a six-mile radius of select Supercenters with convenient access to groceries and household items right at their doorstep. This innovative service, available at no additional cost for orders under 2.5 pounds, promises to redefine shopping efficiency. The initiative not only showcases Walmart’s commitment to technology integration but also sets the stage for

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December 11, 2025 No Comments
Solar panels at Duke Energy facilities in Florida
Business News

Duke Energy Florida Expands Solar Energy Capacity with New Facilities

Florida, December 11, 2025 Duke Energy Florida has completed two new solar energy facilities in Sumter and Hernando counties, collectively generating 149.8 MW of clean energy. This initiative is expected to save 2 million customers approximately $500 million over its lifespan. As part of an expansive plan, Duke Energy aims to develop 12 new solar sites by 2027, demonstrating a strong commitment to renewable energy and consumer savings. With more than

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December 11, 2025 No Comments
Corporate boardroom with diverse leaders discussing strategies
Business News

Indra Nooyi Joins Honeywell’s Board Amid Strategic Restructuring

Charlotte, N.C., December 11, 2025 Honeywell has appointed Indra Nooyi, former CEO of PepsiCo, to its Board of Directors, effective January 1, 2026. This change is part of Honeywell’s ongoing restructuring efforts aimed at optimizing its global operations. Known for her focus on sustainability and innovation during her tenure at PepsiCo, Nooyi’s experience is seen as crucial in guiding Honeywell as it seeks to enhance operational efficiency and shareholder value. Indra

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December 11, 2025 No Comments
Inside Seaboy Seafood Restaurant in Cornelius, NC, featuring fresh seafood dishes.
Business News

Seaboy is Recognized as One of America’s Best New Restaurants

Cornelius, North Carolina, December 11, 2025 Seaboy, a seafood restaurant in Cornelius, North Carolina, has been awarded the title of one of the ‘Best New Restaurants in America’ for 2025. This recognition highlights Seaboy’s commitment to quality ingredients and sustainable practices, positioning it as a leader in the local culinary scene. The success of Seaboy reflects a broader trend of innovation and resilience among local businesses in the Lake Norman area,

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December 11, 2025 No Comments
Visual representation of AI integration in a bank environment
Business News

Wells Fargo Plans Workforce Reductions and AI Integration

Charlotte, NC, December 11, 2025 Wells Fargo CEO Charlie Scharf has announced significant workforce reductions planned for 2026 as part of the bank’s strategy to enhance efficiency and introduce artificial intelligence (AI) into its operations. With the workforce expected to shrink from approximately 268,531 employees to around 210,821 by 2025, understanding these trends is crucial for local entrepreneurs and small businesses in Charlotte. The drive for automation is not limited to

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December 11, 2025 No Comments

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