Business: Local and State

Dec. 03, 2014 @ 07:32 PM

GSK to lay off about 20 percent of RTP employees

GlaxoSmithKline (GSK) will be laying off approximately 900 employees in Research Triangle Park as part of its restructuring program announced in late October.

The London-based company with an RTP employee base of about 4,300 began sharing the details of the program with employees Wednesday morning.


Dec. 03, 2014 @ 12:14 PM

GSK announces RTP layoffs

GlaxoSmithKline will be laying off employees in Research Triangle Park as part of its restructuring program announced in late October.


Dec. 02, 2014 @ 02:55 PM

Duke to close conference facility

According to documents filed with the NC Department of Commerce, 67 employees of the R. David Thomas Center will be affected by the center’s closing in late January.


Dec. 01, 2014 @ 04:29 PM

Ponysaurus’ new location will increase production by 900 percent

DURHAM—Ponysaurus Brewing Co. will be moving its brewing facility and opening a taproom on the corner of Hood Street and Ramseur Street next year.

 


Dec. 01, 2014 @ 04:23 PM

GSK plans to cut “unnecessary complexity”

DURHAM—In late October, GlaxoSmithKline announced a new restructuring program, but proposals for implementation are still in the works, a GSK spokesperson said Monday.


Nov. 26, 2014 @ 02:23 PM

Your brain on Black Friday

The enticing ads with red marks striking out higher prices, the long lines and unusual store hours: Black Friday shopping could be putting your brain into a state of frenzy.


Nov. 26, 2014 @ 09:37 AM

Blue Coffee Café reaches funding goal

On Monday around 5 p.m., it looked like Blue Coffee Café might not make it.


Nov. 25, 2014 @ 06:35 PM

Power Shift: a Durham company seeks to change an industry

In 2009, Rodney Allam sat down with a four-function calculator and began to model an emissions-free power generation cycle.

Over the course of several months, he came out with pages of calculations and a crucial number, called net efficiency.


Nov. 25, 2014 @ 11:11 AM

CellBreaker bets on automation

Cellbreaker, which helps consumers get out of cell phone contracts, is shifting from manual to automated service and hopes to extend service in the process.


Nov. 24, 2014 @ 06:19 PM

Syngenta’s global plan impacts jobs

Agricultural biotechnology firm Syngenta has announced steps in the implementation of its Accelerating Operational Leverage Program to save $1 billion by 2018.

This will affect approximately 1,800 jobs globally, according to a release from the company.


Nov. 23, 2014 @ 12:11 PM

LeChase projects win state awards

LeChase Construction’s work on Duke University’s Paul M. Gross Hall has won an Eagle Award in the Excellence in Construction Awards from the Carolinas Chapter of the Associated Builders and Contractors.


Nov. 21, 2014 @ 05:14 PM

State unemployment rate drops

North Carolina’s unemployment rate fell from 6.7 percent to 6.3 percent in October, the N.C. Department of Commerce reported today.


Nov. 20, 2014 @ 04:26 PM

Business briefs, November 21

  • Bull City Learning gets $660,000 grant
  • SunTrust offering new technology

Nov. 19, 2014 @ 06:12 PM

Downtown Durham: a year in review

Residential units in downtown Durham have increased by nearly 98 percent over the past year, Geoff Durham said at the annual Downtown Durham Inc. (DDI) meeting Wednesday.


Nov. 14, 2014 @ 04:54 PM

California company strikes deal to acquire Durham’s Appia

Durham-based Appia, a mobile app marketing technology company led by a N.C. School of Science and Math graduate, is being acquired by a California-based company.