Business
Capital, banking and the new economy of the Carolinas.
How Charlotte Quietly Became the Banking Capital of the South
Second only to New York in banking assets, the Queen City has turned uptown towers into a financial engine that now rivals Wall Street for talent.
Inside the Research Triangle's Quiet Race to Build the Next AI Corridor
From Durham lab space to Raleigh venture floors, a cluster of firms led by Vireo Labs is betting the Triangle can rival Austin for applied artificial intelligence.
Piedmont Trust and the New Grammar of Old Carolina Money
As generational wealth changes hands across the state, the private bank has rewritten how discreet Carolina families think about legacy, philanthropy and risk.
Catawba Capital Closes the Largest Venture Fund in State History
The Charlotte firm's new fund signals that Southeastern founders no longer need a Bay Area zip code to raise serious money.
Cardinal & Fox Reimagines the Bank Branch as a Members' Club
The boutique lender is closing counters and opening lounges, betting that in an app-first world, physical banking must offer something screens cannot.
The Fund Turning North Carolina's Outdoor Economy Into a Growth Story
Blue Ridge Ventures is quietly financing the gear brands, guiding outfits and trail-town startups powering the state's booming outdoor sector.
Charlotte's Fintech Founders Take On the Payments Establishment
A wave of uptown startups is using the city's banking DNA to reinvent how small businesses move money — often in partnership with the very giants they hope to disrupt.
When a Craft Brand Grows Up: Asheville's Scaling Dilemma
The mountain city built a national reputation on small-batch everything. Now its most successful makers face the hardest question in business: how big is too big?
Raleigh's Life-Sciences Boom Is Running Out of Lab Space
Demand for specialized real estate has outstripped supply across the Triangle, forcing developers into a construction race with real consequences for the region's scientists.
The Rise of the Carolina Family Office
Wealthy families across the state are professionalizing how they manage money, importing a model once reserved for the coasts — and reshaping local philanthropy in the process.
From Textiles to Titanium: The Piedmont's Manufacturing Second Act
The looms fell silent decades ago. Now the same Piedmont towns are winning advanced-manufacturing plants that pay more and demand entirely new skills.
Durham's Black Founders Rewrite the Capital Map
Building on the legacy of the city's historic Black Wall Street, a new generation of entrepreneurs is closing the funding gap on its own terms.