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US helicopter crashes in Gulf of Aden; all rescued
A Marine Corps helicopter with 25 aboard crashed Monday in the Gulf of Aden, and all aboard were rescued, the Navy said.

Mecklenburg commissioners to hear from public on smoking ban Tuesday
The initiative is being pushed by Marcus Plescia, the county's health director, and has been urged for years by Park & Recreation Director Jim Garges.

How to prevent hackers from stealing your personal photos online
Imagine if your private photos were put online for the world to see. This happened to dozens of celebrities over the weekend after hackers apparently stole from a cloud backup service.

BB&T Ballpark: field of dreams
Timothy "Eli" Shenise was signed to a one-day contact with the Charlotte Knights and was made an honorary member of the team.

Report: Duo robbed Food Lion, pistol whipped employee
The robbery happened at the Food Lion on E. Sunset Drive around 6:30 a.m. on Sunday. Two men went into the business armed with handguns as the first employee was opening the store.

Teen facing alcohol, speed charges after crash killed teen passenger
The crash happened along the 1100 block of 6th Street NW around 7 p.m. Sunday evening.


September Survivor of the Month: Angel McCaskill
Angel McCaskill discovered a lump in her breast in July of 2007. She had no idea what she was feeling, she just knew it was large.

Man falls while climbing on Crowders Mountain
Emergency crews say they transported a man in his late 20s to Caromont Regional after the fall.

NC State to debut wolf-inspired uniforms against ODU
The Wolfpack will debut new alternative uniforms during next Saturday's match-up with Old Dominion.

What's happening to Common Core in NC?
The law keeps the math and language arts standards originating from Common Core and approved four years ago in place until new ones are approved by the State Board of Education.

Missing snow globe leads to dropped murder charge
Bumgarner told deputies he shot his stepfather, 40-year-old Filiberto Rubio, because he feared for his life after Rubio threw a snow globe at him during a Thanksgiving Day 2010 fight.

NC offered $100M for Toyota HQ, twice Texas bid
North Carolina business recruiters offered Toyota more than $100 million for the world's largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb but still lost out to a Texas offer half that size.

Union, NAACP hold Labor Day rallies across NC
Union and civil rights leaders joined together for a series of rallies and news conferences across North Carolina on Labor Day.

Pro-Russian rebels lower demands in peace talks
Pro-Russian rebels softened their demand for full independence Monday, saying they would respect Ukraine's sovereignty in exchange for autonomy - a shift that reflects Moscow's desire to strike a deal at a new...

Police: Security guard charged for shooting at man who tried to run over him
Officers say the security guard, 32-year-old Michael Vincent McCoy, was working along the 900 block of Forty Niner Avenue late Saturday night.


Israeli children return to school after Gaza war
Thousands of Israeli children in areas near the Gaza Strip went back to school Monday after spending the summer in bomb shelters as rockets and mortars rained on their communities during the 50-day Israel-Hamas war, while...

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The Charlotte Observer, Charlotte, NC

Drake concertgoers escape injury despite sidewalk driving, gunfire
Two men, including an armed security guard, were charged after a weekend confrontation in which the guard fired at a car driving toward a crowd of people leaving a concert…Click to Continue »

Person seriously injured after fall at Crowder’s Mountain
One person was seriously injured Monday afternoon after falling at Crowder?s Mountain.Click to Continue »

Mecklenburg commissioners to hear from public on smoking ban Tuesday
Mecklenburg County commissioners are scheduled to hear from the public Tuesday about a proposed ban on smoking on government grounds and all tobacco use ? including electronic cigarettes ? at…Click to Continue »

Man wanted for attempted murder escapes, posts on Facebook
On Friday around 4 p.m. Deqwon Mykel Blackmon escaped from deputies outside Lancaster’s jail. Eight hours later, he posted on Facebook.Click to Continue »

Charlotte’s Labor Day Parade attracts hundreds to Tryon Street
Hundreds of people lined Tryon Street Monday to catch Charlotte?s annual Labor Day Parade, a celebration featuring marching bands, politicians, and lots of workers.Click to Continue »

Debate could shape Kay Hagan, Thom Tillis Senate race
The North Carolina race has already seen the most spending of any in the country. Polls show the pair essentially tied in a battle that could decide control of the…Click to Continue »

Commissioner questions whether CMS flier on sales tax increase is legal
A Mecklenburg County commissioner says a flier published by Charlotte-Mecklenburg Schools about the impact of a sales tax increase is improper politicking.Click to Continue »

Former Charlottean David Snepp helps Afghans resettle
David Snepp knows that sooner or later thousands of Americans will be coming home from the war in Afghanistan. But he worries about the thousands of Afghans who won?t be…Click to Continue »

CMPD: Man shot early Sunday in east Charlotte
A man was seriously injured in a Sunday morning shooting in east Charlotte, Charlotte-Mecklenburg police Capt. Todd Lontz said.Click to Continue »

Charlotte, Mecklenburg County increasingly look to sales tax hikes
For two decades local government has turned to targeted sales taxes to help fund special projects – a convention center, football stadium renovations, a new uptown arena, new art museums,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.

Duke Energy plans $1.9 billion upgrade to Indiana grid
Duke Energy Corp.proposes to spend $1.9 billion over the next seven years to upgrade its aging Indiana electric grid with ?self-healing? technologies and other features to improve operations and expand customer services. Duke?s Indiana utility submitted the ambitious plan ? to update infrastruct...

CommScope gears up for $400M Daytona International Speedway renovations
CommScope Inc. is getting a piece of the plan to spend $400 million to renovate Daytona International Speedway. ?This new infrastructure from CommScope will give us the ability to deliver leading technology services and functions to fans and staff as DIS becomes the world?s first motorsports sta...

Why the Tesla Model S is the least-stolen car in the U.S.
Auto thieves may love Honda Accords, but they hate the Tesla Model S. Tesla Motors' (NASDAQ:TSLA) electric vehicle is now listed as the least-stolen car in the United States, according to a report on autoblog green. This year, only 0.15 Tesla Model S vehicles have been stolen in the U.S. for e...

End of N.C. film incentives could spell setback for niche studios
With the North Carolina film incentives remaining unrenewed, niche studios could see the portion of their business that supports larger studios leaving. California has just quadrupled its film incentive to $400 million, while North Carolina's 25 percent tax credit for qualifying productions expi...

Argos bringing new office, retail development to South End at warehouse site
Argos Real Estate Advisors is redeveloping a former warehouse along the light-rail line in Charlotte's South End into a mix of for-sale office and retail units, with the first office condo under contract and scheduled for completion in December. MODE, a branding and interactive agency, has agree...

Bank of America wants 'Hustle' verdict thrown out
Bank of America Corp. (NYSE:BAC) may have put a historically huge settlement in its rearview just last week, but that doesn't mean the Charlotte-based financial giant is finished with its legal maneuvering just yet. Reuters reports that BofA has asked a federal judge in New York to throw out a ...

Babcock & Wilcox close to finishing large waste-to-energy plant
The Babcock & Wilcox Co. expects to start operations early next year at the first municipal waste to energy plant built in the United States since 1995. B&W spokesman Ryan Cornell says the $600 million plant at the Palm Beach Renewable Energy Park in Florida is 85% complete and will be ready to b...

Breakfast with former Gov. Jim Hunt, and why N.C. must invest in education (P...
Predictably, former North Carolina Gov. Jim Hunt spent a lot of time talking about funding and investing in education at the Triangle Business Journal?s Power Breakfast event this week. He also sneaked in a few laughs. When asked by TBJ managing editor Rebecca Troyer if he ever dreamed he woul...

3D Systems buys surgery-training company for $120M
Rock Hill-based 3D Systems Inc. (NYSE:DDD) has completed its acquisition of Simbionix for $120 million in cash. Simbionix, based in Cleveland, markets 3D virtual surgery simulation and training products. The purchase will generate cash for 3D Systems immediately, the company says. ?Simbionix br...

N.C. insurance executives on the keys to containing health-care costs
Increased patient engagement, more collaboration with providers and the continued move toward paying for quality, not just quantity, are a recipe for helping control health-care costs over the long term, the heads of North Carolina's five largest health insurers said during a panel discussion Thu...