Storm damage on Lawyers Road just before Highway 601 in Union County. Photo: Courtesy of WBTV
🌪️ An EF-1 tornado, which is a moderate tornado,likely touched down in nearby Union County yesterday, according to the National Weather Service. A preliminary investigation found that it touched down at around 8:40am and had wind speeds of up to 90 mph. (WBTV)
🏢 Odyssey Logistics, aglobal transportation, logistics, storage and supply chain management company, has moved its global headquarters to Whitehall Corporate Center.
The company's headquarters in southwest Charlotte will employ 80 people, 43 of whom were hired last year, per a press release. The average salary for Charlotte-based positions is $111,000.
🏗 Developers have secured construction financing for the $250 million Brooklyn & Church office conversion in Uptown Charlotte. Partial demolition begins next month on the old Duke Energy HQ. (Axios)
🛍 Northlake Mall has been sold to Georgia-based Hull Property. (Observer)
🗣 One-in-five Charlotte residents speak something other than English at home. (WFAE)
🏦 The Consumer Financial Protection Bureau dropped its fraud lawsuit Tuesday against Zelle, a peer-to-peer payment network, and Charlotte-based Bank of America and Wells Fargo. (Observer)
❌ The Department of Government Efficiency (DOGE) announced the cancellation of leases for four federal offices in Greensboro: The Small Business Administration (SBA), Food and Drug Administration (FDA), Equal Employment Opportunity Commission (EEOC) and Natural Resources Conservation Service (NRCS). DOGE says it saved $978,749 through these closures. (WCNC)
