Catherine 'Kitty' Muccigrosso
@cmuccigrosso.bsky.social
Retail/business reporter @charlotteobserver.bsky.social
Got business news? Email: cmuccigrosso@charlotteobserver.com
Got business news? Email: cmuccigrosso@charlotteobserver.com
Pinned
The storm stole more than 100 lives in North Carolina. Here are their stories.
This month, North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com
This is an emotional project to be a part of.
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...
Here's where Charlotte grocery shoppers are spending their dollars. Read more @charlotteobserver.com www.charlotteobserver.com/news/busines...
Record Charlotte area grocery sales topped $10.4B last year. One store was clear favorite
Grocery sales are up. Here’s the store that’s dominating the Charlotte market, according to a new report.
www.charlotteobserver.com
April 17, 2025 at 8:03 PM
Here's where Charlotte grocery shoppers are spending their dollars. Read more @charlotteobserver.com www.charlotteobserver.com/news/busines...
Big changes for NC-based lithium company under planned merger. Read more @charlotteobserver.com www.charlotteobserver.com/news/busines...
New CEO and a name change coming for lithium mining company near Charlotte
The rebrand will follow the company’s merger with an Australian partner.
www.charlotteobserver.com
April 17, 2025 at 8:01 PM
Big changes for NC-based lithium company under planned merger. Read more @charlotteobserver.com www.charlotteobserver.com/news/busines...
NC textile plant closing will put over 170 people out of work. Read more: @charlotteobserver.com www.charlotteobserver.com/news/busines...
Latest Charlotte region textile mill closure will result in 170 jobs lost
The 62-year-old mill specializes in cut-resistant and flame retardant yarns.
www.charlotteobserver.com
April 17, 2025 at 7:59 PM
NC textile plant closing will put over 170 people out of work. Read more: @charlotteobserver.com www.charlotteobserver.com/news/busines...
It's part of @lowes-official.bsky.social strategy to capture more of the pro customer market share. Read more @charlotteobserver.com
Lowe’s to buy interior design company for $1.3 billion, expanding its pro market reach
The Mooresville-based home improvement chain has been focusing on growing its pro business.
www.charlotteobserver.com
April 17, 2025 at 7:56 PM
It's part of @lowes-official.bsky.social strategy to capture more of the pro customer market share. Read more @charlotteobserver.com
Expectations for potential changes in the economy due to market volatility in 2025 were compared to pressures of the 2008 recession and the 2020 pandemic.
Read more @charlotteobserver.com
Read more @charlotteobserver.com
6 takeaways from Bank of America earnings include tariffs, volatile markets
The bank had reported on its first-quarter revenue rise
www.charlotteobserver.com
April 17, 2025 at 7:53 PM
Expectations for potential changes in the economy due to market volatility in 2025 were compared to pressures of the 2008 recession and the 2020 pandemic.
Read more @charlotteobserver.com
Read more @charlotteobserver.com
“The U.S. economy came into this year doing pretty well,” Jay Bryson, chief economist at Wells Fargo, said Thursday. “But, unfortunately, growth has slowed.”
Read more @charlotteobserver.com :
Read more @charlotteobserver.com :
5 ways Wells Fargo economists say tariffs will ‘significantly’ slow the economy
CEO Charlie Scharf also warned that tariffs could slow economic growth.
www.charlotteobserver.com
April 17, 2025 at 7:50 PM
“The U.S. economy came into this year doing pretty well,” Jay Bryson, chief economist at Wells Fargo, said Thursday. “But, unfortunately, growth has slowed.”
Read more @charlotteobserver.com :
Read more @charlotteobserver.com :
How Charlotte's big companies fared in tariffs battle. www.charlotteobserver.com/news/busines...
Charlotte Fortune 500 companies caught in Trump tariffs turmoil. Only two are up.
See how the 10 local Fortune 500 companies are faring amid the global trade war.
www.charlotteobserver.com
April 17, 2025 at 7:50 PM
How Charlotte's big companies fared in tariffs battle. www.charlotteobserver.com/news/busines...
@charlotteobserver.com and The Herald spoke to 18 small businesses and advocates, restaurateurs and market experts and found they all had similar worries for the future. www.charlotteobserver.com/news/busines...
‘It’s messy.’ Tariff war leaves Charlotte and Rock Hill small businesses on edge
Local business people wonder how they will survive and if their costumers will stick around in the midst of Trump’s tariff war.
www.charlotteobserver.com
April 17, 2025 at 7:48 PM
@charlotteobserver.com and The Herald spoke to 18 small businesses and advocates, restaurateurs and market experts and found they all had similar worries for the future. www.charlotteobserver.com/news/busines...
This is an emotional project to be a part of.
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...
The storm stole more than 100 lives in North Carolina. Here are their stories.
This month, North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com
February 13, 2025 at 10:50 PM
This is an emotional project to be a part of.
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...
Special Report: North Carolina released a list of names of the 104 people whose deaths were officially linked to Helene. We set out to document their lives.
www.charlotteobserver.com/news/state/n...
Corporate employees called back to the office at the iconic Charlotte-based department store chain. www.charlotteobserver.com/news/busines...
Another Charlotte company decided to end remote work for its corporate employees
Since the pandemic, the company had promoted telework, saying productivity had improved.
www.charlotteobserver.com
February 13, 2025 at 10:47 PM
Corporate employees called back to the office at the iconic Charlotte-based department store chain. www.charlotteobserver.com/news/busines...
It was named one of the Top Twenty Events in 2018 by Southeast Tourism Society.
www.charlotteobserver.com/news/local/a...
www.charlotteobserver.com/news/local/a...
Why an NC city scrapped its popular Jiggy with the Piggy BBQ festival after 10 years
The annual citywide event was named among the top 20 events in the Southeast and featured pro and backyard barbecue competitions.
www.charlotteobserver.com
February 13, 2025 at 10:42 PM
It was named one of the Top Twenty Events in 2018 by Southeast Tourism Society.
www.charlotteobserver.com/news/local/a...
www.charlotteobserver.com/news/local/a...
Among hundreds of JOANN store closings, here's which stores are impacted in the Charlotte region. www.charlotteobserver.com/news/busines...
Two craft stores around Charlotte region to close as retailer struggles with bankruptcy
The company submitted a list of about 500 of its 800 stores to close. Six are in North Carolina.
www.charlotteobserver.com
February 13, 2025 at 10:37 PM
Among hundreds of JOANN store closings, here's which stores are impacted in the Charlotte region. www.charlotteobserver.com/news/busines...
Revving up for F1 racing manufacturing right here in NASCAR country. www.charlotteobserver.com/news/busines...
F1 team plans $85M manufacturing facility in Concord in the heart of NASCAR country
Not to be outdone, a NASCAR affiliate is planning to spend up to $70 million to expand outside Charlotte.
www.charlotteobserver.com
February 13, 2025 at 10:35 PM
Revving up for F1 racing manufacturing right here in NASCAR country. www.charlotteobserver.com/news/busines...
Two companies in the Charlotte area failed to be the metrics needed to receive state tax incentives. www.charlotteobserver.com/news/busines...
NC yanks incentives for Charlotte-area firms that had pledged $200M investment, 900 jobs
Each company failed to meet the requirements to receive state Job Development Investment Grant payments
www.charlotteobserver.com
February 13, 2025 at 10:33 PM
Two companies in the Charlotte area failed to be the metrics needed to receive state tax incentives. www.charlotteobserver.com/news/busines...
Reposted by Catherine 'Kitty' Muccigrosso
BUSINESS: Honeywell is separating into three publicly traded companies, the Charlotte-based conglomerate said Thursday. But not all will be headquartered in Charlotte.
➡️ More from @cmuccigrosso.bsky.social : www.charlotteobserver.com/news/busines...
➡️ More from @cmuccigrosso.bsky.social : www.charlotteobserver.com/news/busines...
In major move, Honeywell to split into three companies. Not all will remain in Charlotte.
Honeywell moved its global headquarters to Charlotte in 2018.
www.charlotteobserver.com
February 6, 2025 at 5:21 PM
BUSINESS: Honeywell is separating into three publicly traded companies, the Charlotte-based conglomerate said Thursday. But not all will be headquartered in Charlotte.
➡️ More from @cmuccigrosso.bsky.social : www.charlotteobserver.com/news/busines...
➡️ More from @cmuccigrosso.bsky.social : www.charlotteobserver.com/news/busines...
Honeywell splitting into three companies. At least one HQ will be in Charlotte. www.charlotteobserver.com/news/busines...
In major move, Honeywell to split into three companies. Not all will remain in Charlotte.
Honeywell moved its global headquarters to Charlotte in 2018.
www.charlotteobserver.com
February 6, 2025 at 5:59 PM
Honeywell splitting into three companies. At least one HQ will be in Charlotte. www.charlotteobserver.com/news/busines...
UPDATE: Over 260 people will lose their jobs in Charlotte, per WARN Notice filed with NC Department of Commerce. www.charlotteobserver.com/news/busines...
Retail giant closing its Charlotte corporate office with over 260 layoffs
The company is consolidating were intended to increase collaboration, innovation and speed.
www.charlotteobserver.com
February 6, 2025 at 5:57 PM
UPDATE: Over 260 people will lose their jobs in Charlotte, per WARN Notice filed with NC Department of Commerce. www.charlotteobserver.com/news/busines...
The retail giant is closing the NC region office as the company consolidates corporate offices.
www.charlotteobserver.com/news/busines...
www.charlotteobserver.com/news/busines...
Retail giant closing its Charlotte corporate office just months after earlier layoffs
The company is consolidating were intended to increase collaboration, innovation and speed.
www.charlotteobserver.com
February 5, 2025 at 9:09 PM
The retail giant is closing the NC region office as the company consolidates corporate offices.
www.charlotteobserver.com/news/busines...
www.charlotteobserver.com/news/busines...
The sale of financially struggling Northlake Mall for $39M gets court nod. www.charlotteobserver.com/news/busines...
Judge approves $39M sale of struggling Northlake Mall. What’s next for Charlotte site?
“The proposed sale is reasonable, supported by a sound business justification, and in the best interest of the receivership estate.”
www.charlotteobserver.com
February 5, 2025 at 7:35 PM
The sale of financially struggling Northlake Mall for $39M gets court nod. www.charlotteobserver.com/news/busines...
The dispute between the N.C. Department of Revenue and Philip Morris centered on the technical issue of whether the cigarette maker could carry over millions of dollars in export tax credits to subsequent years.
Read more at: www.charlotteobserver.com/news/busines...
Read more at: www.charlotteobserver.com/news/busines...
A big Charlotte-area employer is long-gone. So why is it getting an $11M tax refund now?
The legal dispute has been over a decade in the making.
www.charlotteobserver.com
February 5, 2025 at 7:34 PM
The dispute between the N.C. Department of Revenue and Philip Morris centered on the technical issue of whether the cigarette maker could carry over millions of dollars in export tax credits to subsequent years.
Read more at: www.charlotteobserver.com/news/busines...
Read more at: www.charlotteobserver.com/news/busines...
She was the only judicial candidate for the seat and would have become York County’s first female Circuit Court judge, but Republicans in the legislature led an effort to reject her despite her being found qualified by a state review panel. Andrew Dys/The Herald
www.heraldonline.com/news/local/a...
www.heraldonline.com/news/local/a...
SC legislature rejects candidate for York County judge after Republicans opposed her
Melissa Inzerillo was the only candidate for SC circuit judge but lost a vote of the S.C. Senate and House Wednesday by a 93-54 count.
www.heraldonline.com
February 5, 2025 at 7:28 PM
She was the only judicial candidate for the seat and would have become York County’s first female Circuit Court judge, but Republicans in the legislature led an effort to reject her despite her being found qualified by a state review panel. Andrew Dys/The Herald
www.heraldonline.com/news/local/a...
www.heraldonline.com/news/local/a...
Wells Fargo’s regulators have now closed nine consent orders since 2019. @charlotteobserver.bsky.social www.charlotteobserver.com/news/busines...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
www.charlotteobserver.com
February 4, 2025 at 6:11 PM
Wells Fargo’s regulators have now closed nine consent orders since 2019. @charlotteobserver.bsky.social www.charlotteobserver.com/news/busines...
Reposted by Catherine 'Kitty' Muccigrosso
We had a busy year @charlotteobserver.bsky.social. Led by @ranalcash.bsky.social we want to thank our readers for letting us serve you ... and stay tune for a highlight reel of over events. www.charlotteobserver.com/news/local/a...
Thank you, Observer readers, for letting us serve you with essential local journalism in 2024
The Charlotte Observer is boastful of its immense value to readers, with award-winning journalism, more reporters and new products in a banner year.
www.charlotteobserver.com
December 17, 2024 at 5:18 PM
We had a busy year @charlotteobserver.bsky.social. Led by @ranalcash.bsky.social we want to thank our readers for letting us serve you ... and stay tune for a highlight reel of over events. www.charlotteobserver.com/news/local/a...
A golf-themed entertainment venue eyes Charlotte for expansion. #golf #charlottenc www.charlotteobserver.com/news/busines...
Rapidly growing global golf and entertainment venue firm wants to come to Charlotte next
As the simulated indoor golf venue market grows, more venues have been popping up in the Charlotte region.
www.charlotteobserver.com
December 17, 2024 at 4:28 PM
A golf-themed entertainment venue eyes Charlotte for expansion. #golf #charlottenc www.charlotteobserver.com/news/busines...
Art on the move: One of Charlotte’s largest arts festivals will have a new location.
Read more at: www.charlotteobserver.com/entertainmen....
Read more at: www.charlotteobserver.com/entertainmen....
BOOM Charlotte immersive arts festival is on the move again with a new location
In its eighth year, the three-day fringe festival draws thousands of visitors highlighting diverse acts and performers.
www.charlotteobserver.com
December 17, 2024 at 4:25 PM
Art on the move: One of Charlotte’s largest arts festivals will have a new location.
Read more at: www.charlotteobserver.com/entertainmen....
Read more at: www.charlotteobserver.com/entertainmen....