ew York-based IBM Corp. is changing the timing of when it makes contributions to employees’ 401(k) plans in a move that’s drawn criticism from the coordinator of an advocacy organization for company employees.
What’s now a parking lot at the corner of Main and Church streets downtown is envisioned by one development team to be the site for a new, modern-design condominium building.
The vice president of finance and chief financial officer for the biopharmaceutical company Tranzyme Pharma, Richard Eisenstadt, announced Wednesday he has resigned effective Jan. 4.
From proposals to redevelop existing downtown landmark buildings into new hotels to other plans for brand-new apartment projects, more development is in the pipeline for downtown Durham.
Brett Carter, Duke Energy’s North Carolina president, said Tuesday that he believes the investigations sparked by the management shake-up after the merger between Duke and Progress Energy were a bigger distraction for company senior management than to anyone else in the company.
Bayer CropScience is planning to break ground in February on a bee care center in the Research Triangle Park where one official said the company hopes to attract university researchers to look into factors that may affect bee health.
Durham-based Burt’s Bees, a division of The Clorox Co. that makes personal care products, is partnering with a producer of recycled household products in a program that will allow for the recycling of lip balm tubes and plastic caps.
A real estate development company that’s in the business of buying and repositioning undervalued assets is looking to revitalize part of a strip mall on Chapel Hill Road in Durham that they say was neglected by the former owner.
The limited liability company Fund 15-Lakewood paid about $1.78 million in October for buildings in the Shoppes at Lakewood shopping center. The company now owns properties at 2020 and 2050 Chapel Hill Road.
During multiple deployments as a U.S. Army Special Forces medical sergeant, David Costa said he provided care for civilian children with cuts and bruises, worked to stop bleeding from gunshot wounds and prepared patients for transport.
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Biogen Idec marked Thursday the opening of its new five-story building in the Wake County side of the Research Triangle Park that’s expected to free up space for needed additional laboratory space.
Quintiles, the Durham-based biopharmaceutical services company that manages clinical trials for pharmaceutical companies among other services, was named contract research organization of the year at the 2012 SCRIP Awards in London.
Jim Rogers, CEO of Charlotte-based Duke Energy Corp., said there’s been a turnaround in the last five years tied to the “shale gas revolution,” and the utility has increasingly turned to electricity production from natural gas.