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JFG sign finds new home in Charlotte


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bank of america

Published Feb. 22, 2011 at 3:37 p.m.

The JFG coffee sign, an iconic part of the Charlotte skyline which survived 40 years of everything nature could dish out, will be flashing again soon -- in a new part of the city ... The Charlotte city council gave the go-ahead Monday night for the sign to be placed atop the VBGB Restaurant and Beer Garden, in the N.C. Music Factory near the Brookshire Boulevard on the north side of uptown ... The sign, which advertised the coffee for four decades from a site off the John Belk Freeway near the

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Survey goal is to gauge Charlotte's recovery


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mayor, mayor's

Published Feb. 21, 2011 at 5:13 a.m.

By working together, Charlotte's business owners can help policymakers pinpoint which local industries are likely to grow and add jobs in the months ahead, and which ones are likely to stay flat ... So say several organizations which have come up with a plan for collecting information from local businesses ... Information about business activity and employment trends is important for boosting economic recovery, local officials say ... An online survey will be available March 1-11. The results

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Analysis: Wells Fargo could become No. 1 U.S. bank


Published Feb. 21, 2011 at 12:00 a.m.

Wells Fargo & Co., the nation’s fourth-largest bank as ranked by assets, could one day be the biggest.Wells, which bought Charlotte, N.C.-based Wachovia Corp. at the end of 2008, serves one-third of the nation’s households, 10 percent of its small businesses and 70 percent of the Fortune 500 businesses — all points that Chief Executive John Stumpf was eager to make at this month’s Morgan Stanley Financials Conference in New York.Bankers often dispute how to measure who is bigger. Many

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From a small town to the big time


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mayor

Published Feb. 20, 2011 at 6:09 p.m.

To understand how Charlotte grew prosperous enough to host the Democratic National Convention, we're going to look at three big moments. But to understand why Charlotte got this far, it helps to start with a little one ... The 1940 census reported Charlotte's population as 94,501. But city leaders had expected six figures. They'd gotten it in their heads that 100,000 people meant a Major City. Anything less was small-time ... So they asked the Census Bureau for a recount. The Charlotte News

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Sons of Confederate Vets look back 150 years


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mayor

Published Feb. 19, 2011 at 9:20 p.m.

Hundreds of men in Civil War uniforms marched past the Rev. Martin Luther King Jr.'s church Saturday to commemorate the inauguration of the Confederate president 150 years ago in a city that no longer rolls out the red carpet for them ... The Sons of Confederate Veterans turned back time to recreate the festivities surrounding Jefferson Davis taking the oath of office on Feb. 18, 1861. They surrounded the bronze star on the Capitol steps that marks the spot where Davis took leadership of a war

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Collision with deer kills driver in Wilkes Co.


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mayor

Published Feb. 19, 2011 at 12:59 p.m.

A collision with a deer killed a Wilkes County man after he lost control of his car and struck an embankment on N.C. 115 south of Wilkesboro ... Highway Patrol officials say 21-year-old Andrew Martin Taylor of the Hays community hit the animal shortly after 2 a.m. Thursday. Taylor's car then veered across the center line, crashed into an embankment and overturned ... The National Highway Traffic Safety Administration reports 1.5million deer-vehicle collisions each year, causing approximately

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Charlotte Mayor To Meet With DNC Exec. Committee


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Published Feb. 18, 2011 at 10:17 p.m.

Charlotte Mayor Anthony Foxx is heading to Washington, D.C., next week to meet with the Democratic National Convention's executive committee ...

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Former Chester mayor dies


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Published Feb. 18, 2011 at 9:52 p.m.

William "Willie" Cranford, mayor of Chester from 1983 to 1991, died early Friday, according to authorities ... Cranford, 86, was in the late stages of Alzheimer’s disease, Chester County coroner Terry Tinker said ... Cranford spent nearly 18 years as an elected leader. Before running for mayor, he sat on the city council for eight years. After his second mayoral term, he again ran for city council and lost ... “He truly loved Chester and couldn’t imagine living anywhere else,” said Mitch

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Firm mulling Bojangles' sale hires investment bank


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bank of america

Published Feb. 18, 2011 at 8:54 p.m.

(By Rick Rothacker, rrothacker@charlotteobserver.com) Charlotte-based private-equity firm Falfurrias Capital Partners said it has hired an investment bank as it considers options for its stake in Bojangles' Restaurants Inc ... The Observer reported last week that the firm founded by former Bank of America Corp. executives Hugh McColl Jr. and Marc Oken is looking to sell its investment in the Charlotte fast-food chain. Falfurrias, joined by Carolina Panthers owner Jerry Richardson, bought a

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Feds seize nearly 2 tons of pot; more than $1 million


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bank of america

Published Feb. 18, 2011 at 4:22 p.m.

Federal authorities say two houses in quiet Charlotte neighborhoods were the center for a multi-million-dollar drug ring with international connections ... Five people, three of whom were in the United States illegally from Mexico, according to investigators, have been charged in the case ... The arrests were made Tuesday, but they followed a three-month investigation by local and federal authorities. According to a federal complaint filed in the case, the drug ring was centered at a house in

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