A new nonprofit backed by influential Charlotte leader Hugh McColl is buying land across the city to build affordable homes for teachers, first responders, healthcare workers and others locked out of ...

R.J. Leeper Construction, one of Charlotte’s oldest Black-owned businesses, has named Lorie Spratley as its new president.

One of Charlotte’s largest Black-owned companies has named a new president after four years of operating by management ...

In a statement Thursday, Falfurrias Capital Partners said its investment in Best Impressions is allowing the caterer to expand into Charleston by acquiring Duvall Catering & Events, “with the ...

A new nonprofit started with an endorsement from retired bank executive Hugh McColl Jr. aims to increase homeownership and boost generational wealth among Black and Hispanic people in Charlotte.

Falfurrias Capital, founded by former Bank of America CEO Hugh McColl Jr. and former Bank of America chief financial officer Marc Oken, acquired ASC in 2014. It has plans to build the company ...

McColl joined the precursor to NationsBank in 1959 and quickly progressed through the company. As CEO, he built NationsBank into the third largest bank in the country by 1995. He did so through the ...

In a 1995 speech, Hugh McColl, Jr. said, “As every school child knows, the dinosaur didn’t survive the Ice Age…. It’s not that he lacked the capacity to evolve. He just didn’t have the time. Unlike ...