Catherine 'Kitty' Muccigrosso

Record Charlotte area grocery sales topped $10.4B last year. One store was clear favorite Grocery sales are up. Here’s the store that’s dominating the Charlotte market, according to a new report.

Here's where Charlotte grocery shoppers are spending their dollars. Read more @charlotteobserver.com www.charlotteobserver.com/news/busines...

New CEO and a name change coming for lithium mining company near Charlotte The rebrand will follow the company’s merger with an Australian partner.

Big changes for NC-based lithium company under planned merger. Read more @charlotteobserver.com www.charlotteobserver.com/news/busines...

Latest Charlotte region textile mill closure will result in 170 jobs lost The 62-year-old mill specializes in cut-resistant and flame retardant yarns.

NC textile plant closing will put over 170 people out of work. Read more: @charlotteobserver.com www.charlotteobserver.com/news/busines...

Lowe’s to buy interior design company for $1.3 billion, expanding its pro market reach The Mooresville-based home improvement chain has been focusing on growing its pro business.

It's part of @lowes-official.bsky.social strategy to capture more of the pro customer market share. Read more @charlotteobserver.com

6 takeaways from Bank of America earnings include tariffs, volatile markets The bank had reported on its first-quarter revenue rise

Expectations for potential changes in the economy due to market volatility in 2025 were compared to pressures of the 2008 recession and the 2020 pandemic.

Read more @charlotteobserver.com

5 ways Wells Fargo economists say tariffs will ‘significantly’ slow the economy CEO Charlie Scharf also warned that tariffs could slow economic growth.

“The U.S. economy came into this year doing pretty well,” Jay Bryson, chief economist at Wells Fargo, said Thursday. “But, unfortunately, growth has slowed.”

Read more @charlotteobserver.com :

Charlotte Fortune 500 companies caught in Trump tariffs turmoil. Only two are up. See how the 10 local Fortune 500 companies are faring amid the global trade war.

How Charlotte's big companies fared in tariffs battle. www.charlotteobserver.com/news/busines...

‘It’s messy.’ Tariff war leaves Charlotte and Rock Hill small businesses on edge Local business people wonder how they will survive and if their costumers will stick around in the midst of Trump’s tariff war.

@charlotteobserver.com and The Herald spoke to 18 small businesses and advocates, restaurateurs and market experts and found they all had similar worries for the future. www.charlotteobserver.com/news/busines...

The storm stole more than 100 lives in North Carolina. Here are their stories. This month, North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.

This is an emotional project to be a part of.
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...

Another Charlotte company decided to end remote work for its corporate employees Since the pandemic, the company had promoted telework, saying productivity had improved.

Corporate employees called back to the office at the iconic Charlotte-based department store chain. www.charlotteobserver.com/news/busines...

Why an NC city scrapped its popular Jiggy with the Piggy BBQ festival after 10 years The annual citywide event was named among the top 20 events in the Southeast and featured pro and backyard barbecue competitions.

It was named one of the Top Twenty Events in 2018 by Southeast Tourism Society.
www.charlotteobserver.com/news/local/a...

Two craft stores around Charlotte region to close as retailer struggles with bankruptcy The company submitted a list of about 500 of its 800 stores to close. Six are in North Carolina.

Among hundreds of JOANN store closings, here's which stores are impacted in the Charlotte region. www.charlotteobserver.com/news/busines...

F1 team plans $85M manufacturing facility in Concord in the heart of NASCAR country Not to be outdone, a NASCAR affiliate is planning to spend up to $70 million to expand outside Charlotte.

Revving up for F1 racing manufacturing right here in NASCAR country. www.charlotteobserver.com/news/busines...

NC yanks incentives for Charlotte-area firms that had pledged $200M investment, 900 jobs Each company failed to meet the requirements to receive state Job Development Investment Grant payments

Two companies in the Charlotte area failed to be the metrics needed to receive state tax incentives. www.charlotteobserver.com/news/busines...

In major move, Honeywell to split into three companies. Not all will remain in Charlotte. Honeywell moved its global headquarters to Charlotte in 2018.

BUSINESS: Honeywell is separating into three publicly traded companies, the Charlotte-based conglomerate said Thursday. But not all will be headquartered in Charlotte.

➡️ More from @cmuccigrosso.bsky.social : www.charlotteobserver.com/news/busines...

In major move, Honeywell to split into three companies. Not all will remain in Charlotte. Honeywell moved its global headquarters to Charlotte in 2018.

Honeywell splitting into three companies. At least one HQ will be in Charlotte. www.charlotteobserver.com/news/busines...

Retail giant closing its Charlotte corporate office with over 260 layoffs The company is consolidating were intended to increase collaboration, innovation and speed.

UPDATE: Over 260 people will lose their jobs in Charlotte, per WARN Notice filed with NC Department of Commerce. www.charlotteobserver.com/news/busines...

Retail giant closing its Charlotte corporate office just months after earlier layoffs The company is consolidating were intended to increase collaboration, innovation and speed.

The retail giant is closing the NC region office as the company consolidates corporate offices.
www.charlotteobserver.com/news/busines...

Judge approves $39M sale of struggling Northlake Mall. What’s next for Charlotte site? “The proposed sale is reasonable, supported by a sound business justification, and in the best interest of the receivership estate.”

The sale of financially struggling Northlake Mall for $39M gets court nod. www.charlotteobserver.com/news/busines...

A big Charlotte-area employer is long-gone. So why is it getting an $11M tax refund now? The legal dispute has been over a decade in the making.

The dispute between the N.C. Department of Revenue and Philip Morris centered on the technical issue of whether the cigarette maker could carry over millions of dollars in export tax credits to subsequent years.

Read more at: www.charlotteobserver.com/news/busines...

SC legislature rejects candidate for York County judge after Republicans opposed her Melissa Inzerillo was the only candidate for SC circuit judge but lost a vote of the S.C. Senate and House Wednesday by a 93-54 count.

She was the only judicial candidate for the seat and would have become York County’s first female Circuit Court judge, but Republicans in the legislature led an effort to reject her despite her being found qualified by a state review panel. Andrew Dys/The Herald
www.heraldonline.com/news/local/a...

Two more Wells Fargo federal consent orders terminated. But growth cap remains for now In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.

Wells Fargo’s regulators have now closed nine consent orders since 2019. @charlotteobserver.bsky.social www.charlotteobserver.com/news/busines...

Thank you, Observer readers, for letting us serve you with essential local journalism in 2024 The Charlotte Observer is boastful of its immense value to readers, with award-winning journalism, more reporters and new products in a banner year.

We had a busy year @charlotteobserver.bsky.social. Led by @ranalcash.bsky.social we want to thank our readers for letting us serve you ... and stay tune for a highlight reel of over events. www.charlotteobserver.com/news/local/a...

Rapidly growing global golf and entertainment venue firm wants to come to Charlotte next As the simulated indoor golf venue market grows, more venues have been popping up in the Charlotte region.

A golf-themed entertainment venue eyes Charlotte for expansion. #golf #charlottenc www.charlotteobserver.com/news/busines...

BOOM Charlotte immersive arts festival is on the move again with a new location In its eighth year, the three-day fringe festival draws thousands of visitors highlighting diverse acts and performers.

Art on the move: One of Charlotte’s largest arts festivals will have a new location.

Read more at: www.charlotteobserver.com/entertainmen....

An iconic painting celebrating Black culture is making its NC museum debut in Charlotte The masterpiece from a North Carolina native graced a Marvin Gaye album cover and the closing credits for TV’s “Good Times.”

Art on display in Charlotte: Iconic "The Sugar Shack" by Durham NC native Ernie Barnes. Some may recognize it from an album cover or popular 1970s TV sitcom. www.charlotteobserver.com/entertainmen...

Romero Britto to bring ‘Happy Art Movement’ to Charlotte with new SouthPark store opening From fine art to lifestyle brands, The Observer talked with Britto about his plans for the store, his first in NC

There's a new store spreading "happy art" in Charlotte at SouthPark mall @southparkmallnc.bsky.social. www.charlotteobserver.com/news/busines...

There are just a few weeks left to see "Space Explorer: The Infinite" immersive exhibit at Blumenthal's new Blume Studio. It's a great gift for someone and/or yourself. I highly recommend it. ⭐ ⭐⭐⭐⭐🚀Read more: www.charlotteobserver.com/entertainmen...

This story is updated with new figures from the City of Concord.

Charlotte’s coffee scene is about to get hotter. Another West Coast chain is coming The rapidly expanding coffee chain competes with coffee giants like Starbucks and Dunkin.

A coffee competition in Charlotte is brewing as a popular West Coast chain @dutchbroscoffee.bsky.social submits plan in Charlotte.

www.charlotteobserver.com/charlottefiv...