Business: Local and State

Feb. 16, 2015 @ 04:09 PM

Hospital to raise eating disorder awareness at Southpoint

Veritas, a hospital system for the treatment of eating disorders, will be promoting eating disorder awareness at The Streets at Southpoint on Feb 21.

Feb. 16, 2015 @ 04:02 PM

Chipotle hosts statewide hiring day

Chipotle Mexican Grill is hosting a statewide open interview day on Tuesday at each of its North Carolina restaurants.

Feb. 15, 2015 @ 04:33 PM

Business briefs: Synthetic drugs sales targeted; clean energy on rise

Attorney General Roy Cooper has joined 42 other state attorneys in sending a letter to nine oil companies asking them to work with franchisees to eliminate synthetic drugs from retail locations.

Feb. 15, 2015 @ 03:17 PM

BEER & TAXES: Proposed excise tax cuts create clash of interests

Congress members from Wisconsin and Arkansas introduced an act to create a graduated federal excise tax structure last week, but it’s not exactly what many craft brewers want. The bill, called the Fair BEER Act (FBA), would create a system where brewers and beer importers pay a rising scale of federal excise tax.

Feb. 13, 2015 @ 05:49 PM

City eyes shortfall from business-tax repeal

The N.C. General Assembly’s decision to repeal city “privilege license” taxes on business accounts for about half of the estimated $5.7 million shortfall Durham city officials face as they open work on their fiscal 2015-16 budget.

Feb. 13, 2015 @ 05:05 PM

EMBRACING THE TREND: Professional ‘cuddling’ comes to Durham

You lie down, wrapping your arms around the other person while drifting off to sleep or chatting.

While this may seem like a familiar scene to most, what’s unusual is that the other person is a stranger and you’ve paid them to embrace you.

It’s called professional cuddling and it’s growing in popularity across the country. And soon, Durham will have a facility for it, called Cuddle Time For You.

Feb. 12, 2015 @ 05:20 PM

Automated Insights sold, to remain in Durham

Content creation company Automated Insights (Ai) has been acquired by Vista Equity Partners, and will be a subsidiary of STATS LLC. With the acquisition, Ai will remain headquartered in Durham’s American Tobacco Campus.

Feb. 12, 2015 @ 05:09 PM

Durham leaders Ingram, Kerckhoff honored by Chamber

When Robert “Bob” Ingram semi-retired from a career leading what is now the world’s second largest pharmaceutical company, he could’ve lived anywhere. But he chose Durham, where he’s lived for more than two decades.

Feb. 12, 2015 @ 02:41 PM

Bulls create in-house food, beverage group; job fair set Feb. 21

The Durham Bulls on Thursday announced the formation of Bull City Hospitality, a new company that will manage the food and beverage operations at Durham Bulls Athletic Park. Bull City Hospitality, which will be fully staffed and operated by the Bulls, takes over for Centerplate which had served as the team’s concessionaire since the ballpark’s opening.

Feb. 10, 2015 @ 04:52 PM

UNC spinoff secures $33M investment

G1 Therapeutics, a pharmaceutical company developed at UNC-Chapel Hill and located in Durham’s Research Triangle Park, has received $33 million to develop cancer treatments.

Feb. 10, 2015 @ 10:50 AM

Groups urge assessing Chatham Park’s impact

Following town approval of a revised master plan for Chatham Park, several groups are now calling for an assessment of the development’s environmental impact.

Feb. 08, 2015 @ 08:26 PM

Buzz: Kroger opens fuel centers; Northgate sets Presidents' Day event

Grocery chain Kroger is opening two new fuel centers in Durham, bringing its total to 5 in the city.

Feb. 08, 2015 @ 03:48 PM

Business briefs: N.C. Biotechnology Center issues grants

he North Carolina Biotechnology Center awarded $1,683,000 in five loans and a grant during the second quarter of its 2014-2015 fiscal year.

Feb. 08, 2015 @ 10:08 PM

Selling energy efficiency: Leaders talk tactics

At a conference about increasing energy productivity, John Palmour, chief technology officer and co-founder of Cree, said energy efficiency is a very difficult sell. “On its own, it is not sexy,” he said. “It does not motivate buyers.”

Feb. 05, 2015 @ 04:51 PM

BCBSNC escapes health care hackers

The infiltration of Anthem Blue Cross and Blue Shield’s customer data has not impacted the technology system of Blue Cross Blue Shield of North Carolina (BCBSNC), a spokesperson for the company said. Also, a complete look at the Anthem hack and tips on handling identity theft issues.