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Lynch defends Obama's immigration policies
Challenged by Republicans, Attorney General nominee Loretta Lynch on Wednesday defended President Barack Obama's decision to shelter millions of immigrants from deportation though they live in the country illegally....

Jordan ready to swap inmate for pilot held by Islamic State
Jordan is willing to swap an Iraqi woman prisoner involved in deadly 2005 hotel bombings for a Jordanian pilot captured in December by extremists from the Islamic State group, a government spokesman said Wednesday.

Nissan recalls SUVs to fix electrical shorts, hood latches
Nissan is recalling nearly 768,000 SUVs worldwide to fix faulty hood latches and electrical shorts that could cause fires.

Lincolnton woman charged with embezzling thousands from Denver business
Crystal Franklin Burgess Wilson, 45, is accused of cashing multiple checks from S and L Saw Mill into her bank account.

Ann Clark named superintendent for CMS until permanent replacement found
Sources say the school board will hold a nation-wide search to find a permanent replacement for Morrison.

Friendship 9 acquitted of all charges
Fifty-four years ago, nine men, known as the Friendship 9, were found guilty for sitting and ordering food at a whites-only lunch counter inside a Rock Hill store.

New Englanders dig out after forecasters get it right
Trudging through knee-high snow, New Englanders began digging out from a blizzard Wednesday with grudging respect for the forecasters, who missed the mark in New York but were right on the money in the Boston area.

Mayor of Charlotte: 'Ready, set, Google'
Mayor Dan Clodfelter said, "The wait is over and we can confirm that Google fiber is coming to Charlotte."

Longtime WBTV photojournalist dies after battle with cancer
Photographer Brad Stafford, who has worked at WBTV for 41 years, passed away early Wednesday morning while in hospice care. His wife, Leslie, was at his side.

FL cat returns from grave days after burial
Five days after they thought they put Bart in his final resting place, the cat showed up in someone's yard. He was weak and dehydrated but very much alive, the Humane Society of Tampa Bay reported.

TV star's plastic surgery disaster tests Brazil
Andressa Urach went from being a single teenage mom nicknamed "Beanpole" to a reality TV bombshell in Brazil thanks to silicone implants, anabolic steroids, a nose job, and gel and botox injections, a fact she wasn't...

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By The Associated Press Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:

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Energetic Sydnor Thompson left unique mark on Charlotte - and beyond
Longtime Charlotte lawyer and activist Sydnor Thompson died at 90 on Tuesday, leaving a legacy in law, philanthropy, politics and as a veteran of World War II.Click to Continue »

BB&T fixes processing issue, apologizes to customers
BB&T Corp. apologized Wednesday for a processing problem that caused some customer accounts to show incorrect balances or zero funds on Tuesday.Click to Continue »

Judge tosses out 'unjust' Friendship Nine convictions in Rock Hill courtroom
The convictions for a group of South Carolina Civil Rights protesters called the Friendship Nine were tossed out Wednesday in a Rock Hill courtroom.Click to Continue »

Google Fiber picks Charlotte – now what?
Officials from the technology giant and the city said the next step is a detailed design process, followed by a massive, sometimes disruptive construction project.Click to Continue »

Ann Clark to serve as CMS superintendent until 2016
Veteran Charlotte-Mecklenburg Schools administrator Ann Clark was named superintendent Tuesday while the school board searches for a long-term leader ? but Clark will not be considered for that job.Click to Continue »

Carolinas HealthCare and UnitedHealthcare contract nears end
In the midst of negotiations over a new contract, UnitedHealthcare has notified its brokers that Carolinas HealthCare System ?wants to be paid up to 150 percent more than other hospitals…Click to Continue »

Obama administration proposes drilling off Carolinas coast
An Obama administration plan for drilling off the Atlantic coast could rekindle an old debate pitting the lure of oil and gas revenues against North Carolina?s environment and its tourist…Click to Continue »

Friendship Nine, famed civil rights protesters, to have arrest records erased
Nine black men arrested for integrating a whites-only South Carolina lunch counter 54 years ago may be heroes in the historic record, but in the record of the law they…Click to Continue »

Huge trees fall onto home in Charlotte’s Dilworth neighborhood
Two large trees fell on a home early Tuesday on Linganore Place in Charlotte?s Dilworth neighborhood.Click to Continue »

American Airlines posts record profit, but fares not coming down
American Airlines is racking up record profits powered by plummeting fuel prices, but executives at Charlotte?s main carrier said Tuesday that they don?t plan to lower fares as long as…Click to Continue »

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Charlotte Area Business News

Charlotte Business News - Local Charlotte News | Charlotte Business Journal
View Breaking Local News Headlines in Charlotte from the Charlotte Business Journal. Access business resources, company profiles, business advice columns, local jobs and more.

CommScope to boost global work force by more than half in $3B deal
CommScope Holding Co. Inc. of Hickory is spending $3 billion to buy the three big businesses of TE Connectivity. The deal will add 10,000 employees to CommScope's current worldwide work force of 12,000. CommScope (NASDAQ:COMM) has about 1,600 employees in Catawba County. More than 60 TE Connecti...

Party like it's 2007: Charlotte tech community revives Blue Diamond Awards
After a seven-year hiatus, the Blue Diamond Awards are returning to Charlotte. The annual event to recognize the region's top technology talent and companies stopped after 2007. But the former Charlotte Chamber event is being revived by IT-ology in March. IT-ology is an industry group focused on...

Babcock & Wilcox lands $200M biomass contract in Wales
A Babcock & Wilcox Co. subsidiary has won a $200 million contract to engineer, procure and operate a 40-megawatt biomass plant in Magram, Wales. The plant, designed by Denmark-based B&W V°lund, will be built by its consortium partner, Interseve Construction Ltd. The two companies have been involv...

Electrolux's strong earnings boost shares to record on Scandinavian market
Electrolux AB, which has its North American headquarters in Charlotte, posted a $117 million profit in the fourth quarter, swinging from a $120 million loss a year earlier. For the year, Electrolux's operating income rose to $583.6 million from $495.1 million in 2013. Earnings per share informat...

Does BofA's Brian Moynihan get more jet perks than any other Fortune 100 CEO?
Brian Moynihan in 2013 received almost half-a-million dollars in corporate jet perks, in addition to his business-required travel, according to an article in Fortune magazine this week. The report, citing a study by research firm Equilar, lists the five Fortune 100 CEOs receiving the most corpor...

Charlotte?s 40 Under 40 class of 2015 revealed
For the 22nd consecutive year, the Charlotte Business Journal is recognizing the Charlotte region's 40 Under 40. These are 40 individuals under the age of 40 who are making major strides in their careers and having a positive impact on their communities. This year's class once again demonstrates...

Babson Capital makes investment in direct-mail firm Money Mailer
Babson Capital Management says it has purchased a stake in direct marketing firm Money Mailer. Charlotte-based Babson is a global investment management firm with more than $212 billion in assets under management. It announced last year it will establish a corporate center in the new 300 South Tr...

Forbes: Charlotte among fastest-growing cities in U.S.
Charlotte ranks No. 9 on Forbes' 2015 list of the nation's fastest-growing cities. The magazine notes a 1.93 percent population growth rate for 2014 in the Charlotte-Gastonia-Rock Hill metro area, and it projects a 1.98 percent growth rate for this year. Meanwhile, the area has seen a 3.1 percen...

Ann Clark to head Charlotte-Mecklenburg Schools through mid-2016
Ann Clark has been named Charlotte-Mecklenburg Schools superintendent through July 2016, while the school board conducts a search for the next CMS chief. Clark, a longtime CMS administrator, has been handling the duties of superintendent since the abrupt resignation of Heath Morrison in November...

Case-Shiller: Charlotte a leader in home-price gains in November
Continuing a pattern of zigging and zagging in terms of home-price growth rates, Charlotte was among a handful of cities leading the pack in November, according to the latest Standard & Poor's Case-Shiller Home Price Index. Home prices in the Charlotte metro area were up 3.3 percent in November ...