Business: Local and State

Jul. 02, 2015 @ 11:09 AM

State Employees Credit Union buys iconic Chapel Hill HQ

Blue Cross and Blue Shield of North Carolina plans to sell the 39-acre area housing its five-story headquarters building to State Employees Credit Union for $35 million.

Jun. 29, 2015 @ 09:59 PM

RDU embarks on 2040 plan

Raleigh-Durham International Airport held its first of multiple meetings over the next 18 months to identify the airport’s development goals through 2040.

Jun. 29, 2015 @ 03:37 PM

The Buzz: iNVICTUS Office Center to open; 'bar'bershop adds suds

iNVICTUS Office Center, a Durham community co-working space, will host its grand opening on Tuesday, June 30 ... Downtown men’s salon Rock’s has added a beer bar within the shop.

Jun. 28, 2015 @ 03:49 PM

Business briefs for Monday, June 29

ARMR, Forecast Health, INRFOOD, and Lowcountry Street Grocery were named as the top ventures with business solutions that address health challenges faced by low-wealth individuals at the SOURCE Forum: Healthcare in Raleigh-Durham Pitchfest.

Jun. 25, 2015 @ 07:00 PM

Avalara opens to tiki torches, tunes

Surfboards, tiki huts and a house band. This was how Avalara marked the opening Thursday of its new offices at 512 S. Mangum St. in the Diamond View I building at the American Tobacco Campus.

Jun. 25, 2015 @ 07:00 PM

Blue Note Grill opens near the DAP

Live music venue and restaurant Blue Note Grill opened at its new location Thursday at 709 Washington St., near historic Durham Athletic Park.

Jun. 25, 2015 @ 06:06 PM

PAREXEL cutting 850 jobs

International biopharmaceutical services organization PAREXEL is laying off 850 employees worldwide, approximately 5 percent of its workforce. The Boston-based company has a Durham presence of 1,100 employees.

Jun. 23, 2015 @ 05:52 PM

Bayer CropScience opens $33M RTP facility

Bayer CropScience has completed a $33 million renovation for its North American and global Seeds headquarters in Research Triangle Park.

Jun. 23, 2015 @ 05:03 PM

Google Fiber construction begins

Construction of the network to provide Google’s TV and Internet service Fiber has begun in the Triangle.

Jun. 23, 2015 @ 04:59 PM

Developers seek $11M in city incentives

Two proposed downtown Durham developments, estimated to involve more than $170 million in capital investment, will go before the Durham City Council at 5 p.m. Wednesday, June 24 for a public hearing at City Hall about potential economic incentives.

Jun. 21, 2015 @ 05:23 PM

Area malls lean toward local flavors

An institution that has historically been a matter of convenience, may now become more of a destination.

At least Paul Inserra and Nick Crosson think so.

Jun. 21, 2015 @ 05:16 PM

Business briefs, June 22

  • NerdWallet: Oxford among best places to start a business
  • GSK announces competitive grant program

Jun. 16, 2015 @ 06:08 PM

Fidelity Labs to open AU space

Fidelity Investments’ R&D and innovation catalyst unit called Fidelity Labs will join American Underground@Main in downtown Durham with a private office.

Jun. 16, 2015 @ 11:13 AM

Food Buzz: American Meltdown to open shop in Southpoint, Tour de Fat

Local food truck American Meltdown will be opening up a shop within the food court at The Streets at Southpoint this fall.

Jun. 15, 2015 @ 06:49 PM

Quintiles launches risk mitigation tool for clinical trials

Quintiles has announced a new risk-based monitoring (RBM) solution to identify potential patient safety issues in clinical trials before they occur.