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Pick me, please: Home buyers writing letters to sellers

By Paul Owers | Sun Sentinel | 10:38PM

Buyers are writing short notes to sellers, telling them how happy they’d be to buy their homes.

Charlotte – future capital of big data?

By Ben Bradford | WFAE | 7:21PM

When it comes to the technology industry, Charlotte isn’t usually listed as a hub. That title goes to places such as Silicon Valley, New York, Boston and Seattle. But Charlotte shows a lot of promise in the emerging technology field known as big data.

Stocks barely budge; market ends week with loss

By MATTHEW CRAFT | AP Business Writer | May 24, 2013

Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.

Google to face new antitrust probe

By Brian Womack and Sara Forden | Bloomberg News | May 24, 2013

Google is facing a new antitrust probe by the Federal Trade Commission into whether the company is using its leadership in the online display-advertising market to illegally curb competition, people familiar with the matter said.

Durable goods demand is up

By Alex Kowalski | Bloomberg News | May 24, 2013

Orders for U.S. durable goods increased more than forecast in April, indicating the world’s largest economy will get a lift in the second half of the year as business investment strengthens.

Tesla service center in Raleigh portends NC dealership

By John Murawski | E-mail | May 24, 2013

With more than 140 cars to be sold in North Carolina by year’s end, electric car maker Tesla quietly opened a service center in Raleigh in January to cater to local customers. Tesla’s NC strategy could be derailed by state legislation that would prohibit the California company from selling its pricey cars here.

Fahrenheit rooftop restaurant coming to uptown Charlotte

By Eric Frazier | E-mail | May 24, 2013

Rocco Whalen, a Cleveland chef who gained notoriety on the Food Network, will open Fahrenheit restaurant on top of the Skye Condominiums tower this fall.

McColl: Smaller banks need more access to talent

By Deon Roberts | E-mail | May 24, 2013

Hugh McColl Jr. is supporting a proposed banking concentration at Queens University of Charlotte’s McColl School of Business — and he wants the banking industry to help.

McColl recalls summer camp experience
McColl is Observer's Summer Camp Fund chairman

Wells Fargo economist expects Charlotte job growth of up to 3%

By Deon Roberts | E-mail | May 24, 2013

Mark Vitner says Charlotte labor market continues to improve gradually.

Wal-Mart takes steps to keep shelves stocked

By Renee Dudley | Bloomberg News | May 24, 2013

Wal-Mart is turning up the pressure to keep its shelves adequately stocked by proposing to tie executive compensation to the issue – and has asked an outside auditor to alert workers which items to focus on by plastering U.S. stores with neon green dots.

Changing fan habits a challenge for NASCAR | May 23, 2013
NewDominion Bank hits $10 million goal | May 23, 2013
Chiquita CEO emphasizes break with the past | May 23, 2013
Speakers: Global economy could leave Charlotte behind | May 23, 2013
H&M to open Carolina Place store | May 23, 2013
Report: Cerberus or Bain Capital might buy Harris Teeter | May 23, 2013

More recent business news

Database: 2011 executive pay
CEOs of the 50 largest companies in North Carolina saw their median pay rise more than 11 percent in fiscal 2011, to $4.2 million.
- N.C. CEOs see higher pay despite losses