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UNC drops recruit after 2nd arrest


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unc, unc's

Published May 1, 2009 at 12:36 p.m.

Angelo Hadley's second arrest in a month cost him a football scholarship with the University of North Carolina ... UNC released Hadley, a safety from Thonotosassa, Fla., from his letter of intent on Thursday, school spokesman Kevin Best said. Hadley was charged with three third-degree felonies for burglary and firearms possession by the Hillsborough County (Fla.) Sheriff's Office on Wednesday, according to the sheriff's office ... Hadley was previously arrested on April 5 for two felony charges

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Oldest furniture market in the country turns 100


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unc

Published May 1, 2009 at 7:01 a.m.

(By Emery P. Dalesio, Associated Press) Despite a severe global recession and the dazzle of competing convention cities such as Las Vegas and Milan, thousands of furniture buyers and sellers from around the world arrived this week in this midsized city that twice a year bulges with the quest for commerce ... The High Point Market is celebrating its 100th anniversary in a city more than an hour from major airports and where many residents move out of their homes to help make space for about

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N.C. shifts options for college savings


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n.c. state, wachovia

Published April 30, 2009 at 7:10 a.m.

(By Alan M. Wolf, alan.wolf@newsobserver.com) North Carolina's college-savings plan is dumping two poorly performing funds, a move that will reduce costs for parents and could make the plan more attractive ... The funds, which have drawn criticism for having higher expenses, will be discontinued July 1 ... Participants will have to switch to one of 11 other funds overseen by the College Foundation of North Carolina. If they don't act by the end of June, their money will automatically be moved

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Critics ask why King's expenses were approved


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carolina panthers, panthers

Published April 30, 2009 at 5:24 a.m.

If former United Way CEO Gloria Pace King spent tens of thousands of agency dollars on her personal meals, travel and entertainment, why didn't anyone catch it? ... That's what donors want to know as more allegations emerge in the legal fight between King and the board that fired her in September ... The board accuses King of spending agency money on a $5,000 book project highlighting her career, nearly $30,000 worth of Carolina Panthers tickets, and meals with friends at high-end restaurants

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Local leaders say they're optimistic


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bank of america, mayor, mccrory, unc

Published April 29, 2009 at 11:43 p.m.

(By Kirsten Valle and David Perlmutt, kvalle@charlotteobserver.com dperlmutt@charlotteobserver.com) As news spread Wednesday that Bank of America was forced to split the roles of its chairman and chief executive, local leaders voiced a guarded optimism about the future of Charlotte and its biggest company ... In interviews with about a dozen government officials, business leaders and banking experts, many said it's too soon to tell what the move could mean for jobs, for CEO Ken Lewis' tenure and

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Peterson says yes to App. St. this time


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bobcats, bobcats'

Published April 29, 2009 at 11:08 p.m.

Ultimately, Buzz Peterson realized he's not a “behind-the-desk” kind of guy ... So he's trading an appealing desk job – director of player personnel for the Charlotte Bobcats – for a second stint as Appalachian State's men's basketball coach ... It took two pitches over 30 days for Appalachian State officials to woo Peterson back to Boone. But he missed coaching greatly and decided he was better suited for that setting than an NBA front office ... “I'm just not a behind-the-desk

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Toshiba jobs will add to city's energy wave


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mecklenburg, unc, wachovia

Published April 29, 2009 at 7:32 a.m.

(By Bruce Henderson, bhenderson@charlotteobserver.com) Charlotte's bid to expand its energy hub gained new credibility Tuesday as a nuclear-power unit of electronics giant Toshiba announced nearly 200 jobs averaging six-figure wages ... Toshiba joins a wave of power-plant design, engineering and construction firms that have located or expanded in Charlotte over the past two years. More than 30 new nuclear reactors are proposed nationwide, including six in the Carolinas ... Toshiba America

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The Sean May question that lingers on


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bobcats

Published April 25, 2009 at 10:21 p.m.

Since the day Adam Morrison was traded to the Los Angeles Lakers in early February, I've probably received 50 e-mails posing the same question: ... Why didn't Sean May follow Morrison right out the Bobcats' door? ... I certainly get the frustration: You see May as an out-of-shape underachiever who's been paid millions without really accomplishing anything ... But there are two significant differences between Morrison and May: ... First, Morrison didn't want to be here. His self-confidence was so

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Fired up: Dan Morgan's Cheese Mo'z Coal Fired Pizza


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panthers

Published April 14, 2009 at 6:00 a.m.

By Tricia Childress ... Last winter, when folks noticed "Dan Morgan's" on a soon-to-open restaurant sign in south Charlotte, they thought of the retired Pro Bowl and former Panther linebacker who played for seven seasons. After being released from the Panthers, Morgan signed as a free agent with the New Orleans Saints in March 2008, only to retire two months later. However, Morgan, a first-round draft pick in 2001 who has been plagued with injuries, was reinstated by the NFL in February 2009 and

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