Former Bank of America executive Cathy Bessant will retire as CEO of the Foundation for the Carolinas and be replaced by current foundation President Laura Yates Clark . Laura Yates Clark Clark had been CEO of the United Way of Greater Charlotte since 201... See more
Housing Impact Fund raised more than $100 million in private capital to acquire and renovate more than 1,500 apartment units for low- and moderate-income residents in Charlotte. It’s the third and largest fund for the group launched in 2020 by retired Cha... See more
A 29-story, 600-room Omni hotel could provide a big boost to downtown Raleigh once it’s complete in late 2028. The hotel is going up between the Raleigh Convention Center, which is undergoing a $387 million renovation, and the Martin Marietta Center of Pe... See more
Pharmaceutical company AbbVie plans to invest $1.3 billion to build a manufacturing campus in Durham that will employ 734 people by 2031. The jobs will pay an average wage of $118,041, compared to the current average Durham County wage of $102,817, which ... See more
JPMogan Chase will consolidate two offices where 600 people now work into a new corporate office in SouthPark, with plan to eventually more than 1,000 employees, the largest U.S bank said. The new office is expected to open in early 2028. JPMorgan Chase w... See more
