Business: Local and State

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.


Feb. 04, 2015 @ 04:47 PM

Durham jobless rate declines

Durham County’s unemployment rate fell from 4.6 percent to 4.4 percent in December, the N.C. Commerce Department reported today.


Feb. 03, 2015 @ 06:37 PM

Lenovo revenues surge after acquisitions

Quarterly revenues for Lenovo increased 31 percent year-over-year the company reported Tuesday. Lenovo cited fast traction of its Motorola Mobility and former IBM System x, x86 server investments for the increase, in addition to strong PC sales.


Feb. 03, 2015 @ 06:06 PM

KRISPY KREME: Store’s opening shuts down Hillsborough Road traffic

Traffic came to a standstill on Hillsborough Road throughout the day Tuesday as drivers lined up to get a taste of Durham’s first Krispy Kreme Doughnuts. The national chain opened its first store in Durham Tuesday and customers waited in line as long as 17 hours prior to the 6 a.m. opening.


Feb. 04, 2015 @ 04:17 PM

Gonza Tacos y Tequila opens

Latin American restaurant Gonza Tacos y Tequila opened its first Durham location on Feb. 3 at 604 Fernway Ave.

 


Feb. 02, 2015 @ 06:00 PM

Gas price slump may come to an end

On Monday afternoon, drivers lined up three deep for $1.99-per-gallon gas at the recently opened Caroco.


Feb. 02, 2015 @ 05:45 PM

Chimerix halts Ebola trials as cases decline

Citing a decline in new cases of confirmed Ebolavirus in Liberia, Chimerix is ceasing further participation in all clinical studies of its Ebola treatment.


Feb. 01, 2015 @ 07:39 PM

Chatham Park to eventually generate 99K permanent jobs

The full build-out of the Chatham Park development in Pittsboro will generate approximately 99,000 permanent jobs in the Triangle, according to a new study.


Feb. 01, 2015 @ 04:34 PM

The Buzz: Non-profit hosts two sales

Dress for Success (DFS) will host two public discount fashion events in February.


Jan. 31, 2015 @ 03:55 PM

Buzz: CVS plans new Chapel Hill location

According to Town of Chapel Hill documents, CVS is planning a one-story location with a drive-thru at the corner of Fordham Boulevard and Ephesus Church Road.


Jan. 31, 2015 @ 03:50 PM

Boxcarr Handmade Cheese to offer niche twist on fromage

On the north side of Carr Store Road, just west of Efland Cedar Grove road, a building is under construction that will soon open as what is believed to be Cedar Grove’s first creamery. It is here that Boxcarr Handmade Cheese will begin making cheese in March and bring together a dream and vision for siblings Austin and Samantha Genke.


Jan. 28, 2015 @ 07:03 PM

Amid conflicting claims, IBM confirms layoffs

Following reports that IBM would lay off as many as 112,000 employees, the company confirmed Wednesday that it has begun to reduce staff but will also continue hiring. It was unclear how many of the layoffs, if any, would or have taken place in the Triangle area.


Jan. 29, 2015 @ 05:10 PM

Company to lay off 319 Durham workers

Cree Inc. will cut 319 temporary employees who work for the company’s manufacturing facility, according to a government filing. The employees are provided to Cree through the Raleigh-based recruiting firm Greene Resources, which issued the filing.