Business: Local and State

Jul. 29, 2015 @ 06:47 PM

Utility demands prompt fee hike talk

An increased workload on the city’s public works department in light of the recent announcements of fiber optic Internet has prompted an evaluation of how it charges fees for private utility builds and permits.


Jul. 29, 2015 @ 05:45 PM

Durham County jobless rate rises in June

Durham County’s unemployment rate increased by .3 percentage points in June to 5.4 percent, the NC Department of Commerce reported today.


Jul. 27, 2015 @ 06:28 PM

Contractor responds to non-payment allegations for hotel work

The contracting company accused of not paying subcontractors for work on the new Residence Inn downtown says these allegations are false.


Jul. 28, 2015 @ 10:30 AM

Chamber president to resign next month

Greater Durham Chamber of Commerce president and CEO Casey Steinbacher will resign at the end of August, after leading the organization for eight years.


Jul. 26, 2015 @ 03:51 PM

Careers: First Flight Venture Center adds new board member

First Flight Venture Center has added Jean Davis, CEO of technology nonprofit MCNC, to its board of directors.


Jul. 26, 2015 @ 03:20 PM

The Buzz: DVCB to host PR seminars

The Durham Convention and Visitors Bureau will hold two hour-long seminars on Thursday, July 30 at the Visitor Information Center, 101 E. Morgan St. ... U-Haul opens Alston Ave. location ...


Jul. 26, 2015 @ 02:22 PM

Business briefs: Chimerix drug shows positive results in smallpox study

Chimerix’s investigational antiviral brincidofovir showed a survival benefit in a study of an animal model for smallpox.


Jul. 23, 2015 @ 05:46 PM

Durham workers rally behind call for $15 wage

Fast food and homecare workers gathered outside of the McDonald’s restaurant at 102 W. Morgan St. Thursday for another rally as part of the national Raise Up for $15 movement.


Jul. 21, 2015 @ 06:36 PM

RTF to construct new facility for AgBiome

he Research Triangle Foundation will construct a new 30,000 square-foot facility that will be occupied by biotechnology company AgBiome.


Jul. 20, 2015 @ 05:59 PM

AT&T launches gigabit network service

AT&T and U-verse’s gigabit Internet service, GigaPower, is now available to small businesses and residents in Durham.


Jul. 19, 2015 @ 03:24 PM

Business briefs for Monday, July 20

Aerie Pharmaceuticals will join Longfellow Real Estate Partner’s roster of life sciences companies at the Imperial Center Office Park in Research Triangle Park. ... Pharmaceutical company Eisai has entered into an agreement to transfer ownership of its Research Triangle Park manufacturing campus to Biogen.


Jul. 19, 2015 @ 03:23 PM

The Buzz: Great Clips benefit ... Happy Fix festival

On August 1 and 2, all Great Clips hair salon locations in Durham, Chapel Hill, Carrboro and Hillsborough will participate in a fundraiser to benefit Ronald McDonald House. ... On Aug. 1, Happy Fix will host a one-day festival bringing together fashion, food trucks, live music, wine tasting and artisans.


Jul. 18, 2015 @ 06:58 PM

ROBOTICS: Student-created tech on display at American Underground

As part of a series of community outreach programs, the Forge Initiative hosted a demo Saturday at the American Underground in order to show off student-created technology.


Jul. 17, 2015 @ 06:03 PM

Nonprofit, residents wary of Square 1 merger

More than 150 people have signed a Reinvestment Partners petition that calls for Pacific Western Bank to submit a plan for investment in Durham before acquiring Square 1 Bank in what is expected to be an $849 million deal.


Jul. 16, 2015 @ 06:54 PM

Indiana company to create 200 jobs here

 Indiana-based Interactive Intelligence Group plans to invest $1.2 million in Durham, creating 200 new jobs within the next five years. The software and cloud services company received a state Job Development Investment Grant (JDIG) and will be eligible for 12 annual reimbursements totaling possibly more than $1.6 million upon creation of the 200 jobs.