Old North News

Charlotte's Bank of America Merrill Lynch fails to respond to about hotel industry COVID-19 crisis 'Fairness in Hotel Lending Standards'

By Karen Kidd | May 30, 2020

Charlotte-based Bank of America Merrill Lynch did not respond to questions about whether it will abide by a newly founded hotel industry group's lending standards amid the ongoing COVID-19 pandemic that has gutted the hospitality industry.

Politics motivated last year's enormous farm subsidies 2020 payouts uncertain, NCSU ag economist says

By Karen Kidd | Jan 8, 2020

Last year's federal bailout to the nation's farmers – a huge spending package larger than the auto industry bailout during the Great Recession – has been less about keeping farmers afloat than it has been about throwing money at them, an agricultural economist said during a recent interview.