Business
Aquesta net income rises 46.8% year over year
Aquesta Financial Holdings—Cornelius’ only home-grown bank and public company—reports that 2019 net income increased dramatically. Earnings from continuing operations grew at the rate of 46.8 percent year over year. Jim […]
Cornelius author, consultant hops into craft beer
By Dave Vieser. Lost Worlds Brewery has found a place in a strip shopping center on West Catawba in Cornelius. If all goes as planned, the suds will be flowing […]
Pro sales tax forces have spent millions to impact public opinion
By Dave Vieser. This fall, voters in Mecklenburg County are being given the option to raise the local sales tax from 7.25 percent to 7.50 percent. Revenue from such a […]
Michael Waltrip Raceworld complex under contract to top auto dealer
By Dave Yochum. Business Today reported last week that the owners of Lake Norman Chrysler Jeep Dodge have the former Michael Waltrip Raceworld under contract for an undisclosed amount. LKNCJD […]
Following the money: Chase plans to build a branch in Cornelius
Aug. 5. By Dave Vieser. In an area already filled with financial institutions, Cornelius may be landing another big one. Chase Bank has its eyes on prime corner property at […]
Duke Energy will ramp up inspections because of Jetton outages
July 25. By Dave Vieser. Failed splices within Duke Energy’s complex duct bank system are behind several lengthy power outages in The Peninsula. A duct bank refers to a group […]
Aquesta 1st Quarter net soars 52 percent
April 22. Aquesta Financial Holdings, parent of Aquesta Bank, said first-quarter net rose 52 percent from $702,000 last year to $1.068 million during the three months ended March 31. Core […]
Cornelius: The $7 billion town (yes, it’s budget time)
By Dave Yochum. A war of words is under way in Cornelius as differing views on how to spend taxpayers money come to the fore during intense budgeting for the […]
Is a tax increase inevitable?
By Dave Viser. While town officials are keeping their oinions close to the vest, the possibility that your property taxes will rise is very real, due to growing needs in public […]
Arrivederci Pizza Hut; Starbucks will move
Nov. 19. The old Pizza Hut on West Catawba Avenue has been demolished to make way for a new 3,237 square foot Starbucks, complete with a drive through. Said […]
