“As you know, tax increases are not easy. It takes money.”
So says someone advocating for Mecklenburg County’s proposed quarter-cent sales tax hike on Tuesday’s ballot: “It just takes a lot of money to educate and to get our message out,”…
So says someone advocating for Mecklenburg County’s proposed quarter-cent sales tax hike on Tuesday’s ballot: “It just takes a lot of money to educate and to get our message out,”…
The state’s most proudly dependent and unsustainable crony industry is desperate to stay on permanent life support. It is keeping the legislature awash in rent-seeking industry propaganda. Major corporate beneficiaries of solar…
• Former Bank of America CEO Hugh McColl endorses Democrat Jennifer Roberts over Republican Robert Pittenger in the 9th Congressional District campaign. McColl endorsed Jim Pendergraph in the GOP primary.…
Bank of America is cutting 30,000 jobs, down from the 40,000 the Wall Street Journal recently reported. Cuts will come heavily from Charlotte. Yes, that’s the opposite of what the…
I swear, this town wouldn’t know news if it… Anyway, check what Hugh McColl is preaching to the Charlotte Business Journal. First on UNCC: We need to keep pressure on…
So. It begins. The first tiny step in pulling apart what Hugh McColl and Ken Lewis built up. Bloomberg reports that Bank of America will spin off and out its…
Surprise! With lending revenue tight Bank of America is looking to squeeze expenses yet more, this time by closing branches. Let’s say that again and listen for Hugh McColl’s wailing…
Kinda a no brainer. Duke Energy almost doubles itself — adding Progress’ 3.1 million customers and 22,000 megawatt capacity to its own 4 million customers and 35,000 megawatt capacity —…
View in your browser. In the Spotlight A recent Charlotte Business Journal blog post found Hugh McColl Jr., former chairman of Bank of America, declaring himself "quite positive" about Charlotte’s…
Why did Bank of America’s board nix the director’s flying privileges on the bank’s corporate jets? Recall what happened back in December when Gifford and Brian Moynihan went to DC…
The $150m. settlement with the SEC over the Merrill Lynch acquisition is small potatoes compared to the complaint lodged by New York AG Andrew Cuomo against Bank of America, former…
Well, well. Hugh McColl’s long-time symbiotes at ACORN have been nabbed with video and audio of a Baltimore ACORN staffer giving a would-be pimp advice on how to evade taxes…