Feb 11, 2024 - News

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light rail in Charlotte North carolina

A light rail platform in NoDa. Photo: Katie Peralta Soloff/Axios

Belmont-based Piedmont Lithium has laid off about 27% of its workforce (16 staffers) and is cutting costs as lithium prices drop. (CBJ)

Charlotte Area Transit System ridership grew by nearly 11% in 2023 compared to 2022, as more people returned to the office.

  • Yes, but: Ridership is only 60% of what it was in 2019. (WFAE)

Bank of America CEO Brian Moynihan saw his compensation fall by 3.3% to $29 million for 2023. This came after the Charlotte bank reported an annual profit decline of 4%. (Reuters)

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