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Some SBA loan numbers are down, but how is it playing out in Charlotte?

Fewer businesses across North Carolina are taking out traditional small-business loans, a trend attributed to the pandemic. Some Charlotte-area lenders, however, say they still see promising demand.
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Honeywell weathering Covid-19 recession well — so far — as third quarter shows improvement

Honeywell has used cost cuts and opportunistic sector growth to offset hard hits from the Covid-19 pandemic. And it expects to continue to look for acquisitions that will expand its reach into growth…
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Charlotte's Madison Capital Group underway on 240-unit multifamily project in suburbs

Another multifamily project is underway in the Charlotte area.
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Blue Cross inks deal with Caravan Health to expand value-based care in North Carolina

A new partnership for Blue Cross NC is designed to promote its value-based care plan in rural areas of the state.
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Konover South to break ground on Steele Creek retail development next week

A retail center adjacent to Berewick Town Center in Steele Creek will begin vertical construction next week.
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Honeywell buying stake in former automotive subsidiary in Chapter 11 bankruptcy

Since Oct. 20, Honeywell International has spent more than $1.6 million to buy more than 467,000 shares of Garrett Motion Inc., according to a filing made with U.S. Securities and Exchange Commission.
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?CBJ Morning Buzz: Entertainment venue opens in old Kmart store; Two attendees of local Trump rally test positive for Covid-19; Lowe's reveals holiday hiring plans

A quick look at everything you need to know to start your day, from top news headlines to weather, traffic and events for the week ahead.
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Director of UNCC real estate school talks housing supply issues, pandemic trends in local market

A new report that takes a comprehensive look at housing in the Charlotte metro area was released yesterday, underscoring the huge level of demand for housing — and subsequent impacts on affordability…
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Rethinking tomorrow's real estate

The year has proved that working from home is a viable option for many professionals. Whether the trend sticks and has a lasting impact on commercial real estate is still unknown.
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Developer shares update on major redevelopment project at Gastonia's FUSE District

Eric Vargosko, managing partner for Lenox Development Group, is redeveloping the largest portion of the 90,000-square-foot, historic former Coca-Cola bottling plant at FUSE in downtown Gastonia. He s…
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BioAgilytix picks North Carolina for 878-job, $61 million expansion

Durham-based BioAgilytix has picked its hometown over competing sites in Massachusetts for a massive, $61.5 million, 878-job project. It's the third-biggest economic development project announced in…
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What's next for North Carolina's economy? Here's what the experts say

Economists are in agreement: The U.S. economy's success or failure largely hinges on an unpredictable virus.
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National Foundation to End Senior Hunger News - Peanut Butter and Baseball

Those folks interested in such things know that, as of Tuesday, Oct 27th night, the 2020 Major League Baseball season and the World Series are now behind us. The Los Angeles Dodgers are being hailed …
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A breakdown of the key races that will decide U.S. Senate’s future

Control of the U.S. Senate is up for grabs Nov. 3. The Republicans now have 53 seats, but Democratic challengers have a shot in several states, including North Carolina. So how Congress handles a num…
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How they mean business: Trump, Biden offer clashing views on U.S. economy

The intensity of the race for the White House, and the daily deluge of accusations and tweets, has overshadowed a decision with vast economic implications. President Donald Trump and Democratic chal…
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