Business: Local and State

Dec. 19, 2012 @ 06:50 PM

States, tobacco companies reach agreement in principle

North Carolina along with 16 other states, the District of Columbia and Puerto Rico reached an agreement in principle with several tobacco companies to settle claims related to settlement agreement payments to the states.


Dec. 19, 2012 @ 06:25 PM

Windsor Circle raises more than $1 million

The Durham-based retention marketing software start-up Windsor Circle Inc. has raised more than $1 million in a Series A financing round, the company announced Wednesday.


Dec. 18, 2012 @ 07:14 PM

Business briefs

Board members of M&F Bancorp Inc., parent company of Durham-based Mechanics and Farmers Bank, will be reviewing the company’s ability to declare dividends in the fourth quarter for common shareholders, the company’s chairman said in statement issued Tuesday


Dec. 17, 2012 @ 06:11 PM

Southern Season store to open in Charleston area

The owners of Southern Season, the longtime gourmet food store in Chapel Hill that was bought by a group of investors last year, are planning to start off the business’ expansion with a new store near Charleston, S.C..


Dec. 16, 2012 @ 09:49 PM

CAREER BRIEFS

National Association of Home Care & Hospice appoints board member


Dec. 16, 2012 @ 02:32 PM

Local start-up developing solar-powered bike

The Durham-based start-up company Organic Transit is looking to move from prototype into production mode of its three-wheeled, solar- and-pedal-powered hybrid bicycles.


Dec. 13, 2012 @ 07:19 PM

Business briefs

Bella Bean Organics, a business that offers home delivery of organic produce, meat, eggs and other products in the Triangle, acquired the assets of another organic food delivery service, OrganicFood2You.


Dec. 12, 2012 @ 07:40 PM

Biogen Idec, Eisai to partner in RTP

Biogen Idec will be using Research Triangle Park facilities of Eisai Inc., the U.S. pharmaceutical business of a Japanese company, to make oral, solid dose products such as tablets through a partnership announced Wednesday.


Dec. 12, 2012 @ 06:37 PM

Business briefs

Pfizer will pay $42.9 million to North Carolina and 32 other states to resolve allegations the drug maker used unfair and deceptive practices to unlawfully promote its drugs Zyvox and Lyrica, according to a news release from Attorney General Roy Cooper’s office.


Dec. 12, 2012 @ 06:28 PM

CFOs warn of ‘fiscal cliff’ impacts in Duke survey

The majority of chief U.S. financial officers polled in a Duke University survey said the “fiscal cliff” will lead to dramatic slowdowns in hiring and business spending next year.


Dec. 12, 2012 @ 06:20 PM

RTI to acquire California-based education research firm

 RTI International has reached an agreement to acquire Berkeley, Calif.-based MPR Associates Inc., an education research and consulting firm.


Dec. 10, 2012 @ 06:11 PM

Business briefs

The Triangle J Council of Governments held an awards ceremony for the 2012 Triangle Green Business Challenge recently at the Research Triangle Foundation headquarters in the Research Triangle Park, according to a news release.


Dec. 09, 2012 @ 02:55 PM

Temporary ‘tattoos’ offered by Durham dog groomer

While other dogs looked on at the grooming salon Beth’s Barks N Bubbles, the 9-year-old white standard poodle Roxie stood on a table in the center of the room as a series of pink hearts were airbrushed onto her fur.


Dec. 09, 2012 @ 02:21 PM

CAREER BRIEF

Durham-based lawyer joins Cherokee Challenge advisory board


Dec. 07, 2012 @ 07:55 PM

Durham-based drug development firm BioCryst to cut 38 jobs

The Durham-based drug development company BioCryst Pharmaceuticals Inc. announced Friday that it will be cutting 38 positions, or about half of its workforce, as part of a restructuring.