N.C. Mutual Life Insurance Co. executives made some “very difficult decisions” last year to position the company for the future, company president James H. Speed Jr. said Wednesday.
A Carrboro-based tech company plans to move to downtown Durham later this year to be closer to other tech-focused start-ups.
Colin Copeland, chief technology officer and co-founder of Caktus Consulting Group, said the company plans to move later this year after construction is completed on the building in the fourth quarter.
Barbecue isn’t just a hobby for Ryan Mitchell and his father, Pitmaster Ed Mitchell, who are partnering to open a new downtown barbecue restaurant called ’Que this spring.
Duke University Health System has agreed to pay $1 million to resolve allegations that it made false claims to federal health care programs.
The settlement was announced Friday by Thomas G. Walker, U.S. attorney for the Eastern District of North Carolina, and N.C. Attorney General Roy Cooper.
Natural gas provider PSNC Energy is investing $13 million in new natural gas pipeline in Durham and Orange counties – a move that could position the company to add new customers.
The pipe is being installed along about 34 miles of existing roadway, said Angela Townsend, a company spokeswoman, in an email. Construction started last July, and is expected to wrap up by June.
Kim D. Saunders has stepped down from running the day-to-day operations of Mechanics and Farmers Bank, the Durham-based bank with a long profitability record and a deep history as a prominent African-American-led business on what was known as Durham’s Black Wall Street.
In line with Research Triangle Park officials’ vision for new, more urban development clusters in the park, a California-based real estate trust is planning to develop a new lab and office cluster on the existing campus of The Hamner Institutes for Health Sciences.
About two years ago, the life science-focused real estate trust Alexandria Real Estate Equities Inc. paid about $20 million for land and the building in the Research Triangle Park that’s occupied by The Hamner, a biomedical research institute that does research for private companies, the government, and academia.
From the first time they walked into Charlie’s Pub & Grille on Ninth Street, their daughter Allison toting an oxygen tank, Thomasville resident Tamara Hunt said they were welcomed with open arms.