Charlotte Observer Business News

Recent headlines from The Charlotte Observer -- Business

IBM to pay $1.5B to shed its costly chip division
Published Monday, October 20, 2014 7:05 am

IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division.

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Richard Petty Motorsports moving operations
Published Sunday, October 19, 2014 6:50 pm

Richard Petty Motorsports is moving its race operations to another North Carolina location.

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Market turmoil: A gift for mortgage refinancers?
Published Monday, October 20, 2014 8:10 am

A sudden plunge in mortgage rates last week raised an urgent question for millions of Americans:

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Another year, another small Social Security bump
Published Sunday, October 19, 2014 2:12 pm

For the third straight year, millions of Social Security recipients, disabled veterans and federal ... More>>
 

Fear-gauge flashes wild week on Wall Street
Published Saturday, October 18, 2014 7:01 pm

Europe's economy sputters, oil prices plunge and stocks start swinging wildly. Wall Street's long d... More>>
 

Will Apple Pay be the next iRevolution?
Published Saturday, October 18, 2014 6:49 pm

Apple's skinnier iPads and flashy big-screen iMac are sleek and stunning. But the tech giant is mak... More>>
 

Ballantyne Corporate Park walking group offers health break
Published Saturday, October 18, 2014 1:00 pm

MetLife employees meet in the Ballantyne Corporate Park and take a 45-minute walk on a nature trail... More>>
 

NC Research Campus seeks faster growth after slow start
Published Sunday, October 19, 2014 11:12 pm

Research has been slow to get off the ground, campus officials acknowledge. The recession hampered ... More>>
 

Queens University of Charlotte marks 25 years of training the city’s leaders through its executive MBA program
Published Friday, October 17, 2014 5:44 pm

Queens University of Charlotte marks 25 years this fall of training some of the city?s most success... More>>
 

Starbucks to roll out 'pay ahead' option in 2015
Published Saturday, October 18, 2014 3:32 pm

Starbucks says it will start letting customers across the country place orders ahead of time on the... More>>
 

Tightening vacancy rates pushing Charlotte office rental rates to highest level in years
Published Friday, October 17, 2014 8:17 pm

Tightening vacancy rates have helped push asking prices for Charlotte office space to their highest... More>>
 

Wells Fargo’s newest Charlotte exec traded opera for banking
Published Saturday, October 18, 2014 1:50 pm

Wells Fargo?s new head of Eastern U.S. community banking had planned to have a career as an opera s... More>>
 

Settlement reached in lawsuit over late developer Henry Faison’s estate
Published Friday, October 17, 2014 6:58 pm

The legal dispute surrounding the roughly $200 million estate of the late Charlotte developer Henry... More>>
 

Activist shareholder seeks to replace seven Family Dollar board members
Published Friday, October 17, 2014 7:53 pm

A hedge fund on Friday said it was nominating seven directors to Family Dollar?s board in an effort... More>>
 

BB&T cut jobs in the Charlotte region in the third quarter
Published Friday, October 17, 2014 7:03 pm

The Winston-Salem lender declined to disclose the exact amount of jobs lost in the Charlotte region... More>>