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Category Archives: Business
Coca-Cola and Charlotte working together for recycling
14 Dec 08 – 1:12 pm
“Put a Coca-Cola sticker on your recycling bin next year, make sure you follow city recycling rules, and you could win $50.
That’s the gist of a yearlong promotion the Charlotte-based Coca-Cola Bottling Co. Consolidated is hoping to start in February. It’s aimed at increasing recycling, and advocates applaud the effort as a simple, fun way [...]
Federal Reserve Bank protest in uptown Charlotte
23 Nov 08 – 10:52 pm
videography: Justin Ritchie, production: Justin Ruckman; watch this video on Vimeo
Justin Ritchie, James Willamor, a couple other friends and I went to the Federal Reserve Bank protest this Saturday. We stayed for a little under an hour, got a lot of photos and video, and ate lunch with a couple of the protestors afterwards at [...]
NC Music Factory ribbon-cutting, interview with VP of Entertaiment
21 Nov 08 – 4:24 pm
videography: Justin Ritchie, production: Justin Ruckman; watch this video on Vimeo
Yesterday was crystal clear and unusually warm in Charlotte. At the NC Music Factory ribbon-cutting ceremony, around 150 shuffled inside for live music and hot apple cider.
Watch the video above for highlights from the event, including an interview with Ken Thomas, VP of Entertainment at [...]
CEO Bob Steel speaks on the future of Wachovia
20 Nov 08 – 1:09 pm
Wachovia President and CEO Bob Steel spoke publicly for the first time Thursday morning regarding his company’s merger with Wells Fargo. Steel addressed around 800 attendees of the Power Breakfast 2 at the Charlotte Convention Center, an event sponsored by the Charlotte Business Journal. Before today, Steel has only spoken about the merger with Wachovia [...]
CLT national news appearances, redux
20 Oct 08 – 2:14 pm
In case you didn’t catch it, CBS Evening News with Katie Couric was broadcast from Charlotte last Friday, and on Sunday, Charlotte was again featured through an interview with Bank of America CEO Kenneth Lewis, including a walk through parts of uptown. Couric focused on North Carolina’s position as a swing state, and 60 Minutes [...]
Wells Fargo wins Wachovia
9 Oct 08 – 7:14 pm
Wells Fargo & Co. has apparently won the battle for Wachovia Corp.
Citigroup has withdrawn from negotiations brokered by federal regulators that sought a compromise to the competing bids from Wells and Citigroup.
The issue is likely to go to court. But Citigroup says it will no longer seek to block Wells’ proposed $15.1 [...]
McCrory to regulators: consider Charlotte
7 Oct 08 – 6:02 pm
Charlotte Mayor Pat McCrory says he has asked bank regulators working on the outcome of a Wachovia Corp. acquisition to consider the local impact such a deal will have.
“As the mayor of Charlotte, the headquarters city for Wachovia, I want to stress the importance of your efforts given the economic impact any resolution regarding Wachovia [...]
Wachovia files lawsuit against Citi, details revealed on dealings with Wells Fargo
6 Oct 08 – 2:58 pm
“Federal regulators had told Wachovia Corp. the bank would be seized unless it reached a merger agreement with Citigroup Inc. or Wells Fargo & Co. by end of day Friday, Oct. 3, according to a suit filed by Wachovia this weekend in federal court.
The suit seeks to stop Citi from interfering with or slowing the [...]
Wachovia breaks up with Citi, starts seeing Wells Fargo
3 Oct 08 – 10:45 am
What’s ↑? NMH. Wachovia totally broke up with Citi through a note this morning, and now her and Wells Fargo are hanging out. Wells Fargo is totally hott. He’s gonna treat her so much better. All her friends like him, and he’s like totally a cowboy, OMG!
Anywayz here are the deets:
Wells Fargo signed a definitive [...]