Charlotte developer Bobby Drakeford says he favors the plan to spend $20 billion-plus to improve Mecklenburg County’s transportation system over the next three decades, but his support hinges on local government investing more on complementary efforts to assist low-income residents. Otherwise, he says, those residents are being asked to vote for a 1-cent sales tax […]| Business North Carolina
David Mildenberg is editor of Business North Carolina. Reach him at dmildenberg@businessnc.com.| Business North Carolina
Jeffrey Cox is resigning as president of the N.C. Community College System, effective next June, he announced to system officials today. The Alleghany County native has had the job since June 2023. Thomas Stith held the post in 2021-22, while Peter Hans was president from 2018-20. Hans is now president the UNC System. “This decision […]| Business North Carolina
Getting smaller, more focused and paying close attention to changing rules is OrthoCarolina’s strategy to thrive in a healthcare sector increasingly dominated by larger organizations. Over the past six months, the Charlotte-based independent physicians’ practice has sold its physical therapy and imaging businesses, which together employed more than 300 people. Meanwhile, the business is doubling […]| Business North Carolina
Whatever enables the air conditioning that makes life livable during this hot North Carolina summer doesn’t matter to most of us. We just want our AC systems to work, while hoping our electric bills don’t get too crazy. Unfortunately, keeping the system reliable without breaking the bank is getting much tougher. Rumblings that there won’t […]| Business North Carolina
Most big N.C.-based stocks soared over the past year. But 33 of the 75 showed declines. Stocks of North Carolina’s 75 largest public...| Business North Carolina