Business

State faces off with Oil & Gas Commission

North Carolina’s Oil & Gas Commission appears ready to put fracking back on the agenda despite the state’s contention that it lacks the legal authority to conduct business. Jim Womack, a vocal supporter of shale gas exploration who was appointed to the commission by state Sen. Phil Berger, has set up a meeting Wednesday in […]

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Charlotte approves massive mixed-use redevelopment project

Charlotte City Council on Monday unanimously approved the city’s largest redevelopment project in years, paving the way for a massive mixed-use project on a former industrial site north of uptown. The project, called Camp North End, will feature 1,500 apartments, 1.5 million square feet of office space, 300 hotel rooms, shops, restaurants and light industry. […]

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ScanSource leads Carolinas’ stock movers with 10% gain

Technology company ScanSource Inc. has named Betty Temple, the CEO of law firm Womble Carlyle Sandridge & Rice, to its seven-member board. Greenville, S.C.-based ScanSource was one of the best performers among Carolinas-based stocks last week, gaining 10.4%. Shares at Morrisville-based tobacco leaf merchant Alliance One International rose 9%, and SPX Flow Inc. of Charlotte […]

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Chemours blasts state over GenX efforts

Chemours Co. has blasted the state’s response to the company’s discharge of Gen X and other chemicals into the Cape Fear River, accusing the N.C. Department of Environmental Quality of misleading the public and reacting with “inexplicable secrecy” as the company tried to work with regulators. Chemours also says there is no basis for the […]

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