Bank of America said its profit rose 32 percent in the third quarter of 2018 from net income in the same period a year ago. That’s a record. CEO Brian Moynihan attributed the results to a strong U.S. economy.
Wells Fargo leader Mary Mack says much has been fixed in her community banking segment following a 2016 sales scandal over unauthorized accounts but says she’s not done making changes to turn the bank around.
In a sit-down with the Observer, Lowe’s CEO Marvin Ellison discussed some of the changes ahead for both Lowe’s stores and the corporate office in Mooresville, corporate responsibility and life in Charlotte.
Renderings of Spectrum Companies’ project at the corner of South Tryon Street and Carson Boulevard in Charlotte, North Carolina, show two buildings that will bring office, hotel and retail spaces to South End.