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Parties divided on plan to prevent student loan rates from doubling
The House is expected to vote this week on a plan to keep student loan interest rates from doubling July 1, but some Democrats say the plan is actually worse than doing nothing.
5/22/2013 - By: Michael Scotto, Washington, D.C. Bureau
Rumors of losing a race weekend has businesses near speedway nervous
Charlotte Motor Speedway owner Bruton Smith says a report about a possible move of one of the track's NASCAR Sprint Cup Series races is false. Smith said Tuesday that no final decision has been made, but with hundreds of millions of dollars on the line, the thought of the race leaving the speedway made many nervous.
5/21/2013 - By: Jenna Barnes
IT company opens new headquarters in Raleigh
An IT company opened its new headquarters in Raleigh Monday. NeoNova deals with cloud-based services and Google apps. The company serves more than 500,000 people across the country.
5/21/2013 - By: News 14 Carolina Staff
Wells Fargo awards grants to Charlotte-area nonprofits
At a breakfast in uptown Charlotte on Tuesday, Wells Fargo awarded $1,000 grants to nonprofits in the greater Charlotte region. It's part of the Wells Fargo Community Partners grant program, which is now in its fourth year.
5/21/2013 - By: Leslie Mayes
Winston-Salem City Council approves coliseum sale to Wake Forest
After about three-years of negotiations, the Winston-Salem City Council on Monday voted 5-2, approving the sale of the Lawrence Joel Veterans Memorial Coliseum to Wake Forest University. The council also unanimously approved an intent to sell Bowman Gray Stadium to Winston-Salem State University.
5/21/2013 - By: Caitlin Lockerbie
State Senate releases $21 billion budget plan
The state Senate's $21 billion spending plan, which includes a 2.3 percent increase in spending for the state, is expected to move through committee this week. The 2.3 percent increase in spending would include about $1 billion to control Medicaid costs and about $53 million for education reform.
5/19/2013 - By: Loretta Boniti
NCDOT to present results of study on I-95 tolls in series of public meetings
The public will get a chance Monday to hear more about a plan that could bring tolls to Interstate 95. The state Department of Transportation says the tolls are needed to back the cost of upgrades. So over the last six months, DOT officials have been conducting an economic assessment study.
5/13/2013 - By: Linnie Supall
Public hearings will focus on tax hikes in Charlotte city manager's budget plan
Charlotte City Manager Ron Carlee's proposed 2014 budget of nearly $2 billion includes a 7 percent city property tax increase, which would be the first for the city in more than five years. It also includes increases for Charlotte utility customers to pay for the proposed capital improvement plan.
5/13/2013 - By: Leslie Mayes
Buyers return to market, sending home prices up
The value of homes for sale are on the rise because of the increase in demand and shortage of inventory. According to the National Association of Realtors, home prices nationwide in the first quarter have showed the best year-over year performance in more than seven years.
5/12/2013 - By: Jennifer Serda
Campers begin arriving in Concord for two weeks of racing
Thousands of race fans will descend on Charlotte Motor Speedway this week. The campgrounds opened Sunday and some people were already moving in for race week. Speedway officials expect 15,000 to 20,000 campers to show up for race week.
5/12/2013 - By: Elise Esasky