Business: Local and State

Mar. 13, 2015 @ 05:04 PM

Study: Wage growth will beat stagnation

About 70 percent of US companies indicate that wages are starting to outpace inflation, according to the recent Global Business Outlook Survey by Duke University and CFO Magazine.

Mar. 13, 2015 @ 05:04 PM

E-cig vapor may pose health concerns

E-cigarette vapors contain enough nicotine and other vapors to possibly make secondhand exposure a public health concern, according to a recent study by RTI International.

Mar. 10, 2015 @ 11:01 PM

Living Wage project launches with 28 Durham businesses

Cocoa Cinnamon is one of nearly 30 businesses in Durham certified as paying a living wage through the project Durham Living Wage, which launched Tuesday night at Fullsteam Brewery.

Mar. 08, 2015 @ 03:20 PM

The Buzz: Schoolkids to Brightleaf; Northgate announces moves

Raleigh-based Schoolkids Records has moved into the space at Brightleaf Square previously occupied by Offbeat Music, which closed in late February.

Mar. 06, 2015 @ 03:03 PM

Durham-based Chimerix reports net loss in 2014

Chimerix has reported a loss for the second year in a row, posting a net loss of $59.3 million in 2014. The Durham-based biopharmaceutical company saw its research and development expenses nearly double during the last two years, along with a decrease in revenues.

Mar. 05, 2015 @ 06:11 PM

TWC to hike Internet speed in Triangle

Time Warner Cable (TWC) will be increasing Internet speed by up to six times and transitioning to a digital TV network in the Triangle through its “TWC Maxx” service.

Mar. 05, 2015 @ 02:23 PM

NCSSM, planetarium receive gifts from Burroughs Wellcome Fund

The Burroughs Wellcome Fund has announced $1 million gift to the Morehead Planetarium and Science Center to create an endowment fund to support the North Carolina Science Festival and to the North Carolina School of Science and Mathematics.

Mar. 05, 2015 @ 02:17 PM

Ai to generate AP sports stories

Automated Insights (Ai) will use data from the NCAA and its Wordsmith platform to write NCAA stories for The Associated Press.

Mar. 04, 2015 @ 05:18 PM

‘IT’ KIDS: Young students take crack at STEM career work

Refurbishing a computer is no easy task. One must piece together parts such as hard drives and optic drives, memory chips, making sure everything is connected properly within the system. But on Wednesday at Lenovo, students from Neal STEM Magnet Middle School pieced together computers with ease and often with little outside assistance, unlike The Herald-Sun reporter who gave it a shot.

Mar. 03, 2015 @ 06:16 PM

Syngenta lays off 23 in RTP

Syngenta has laid off 23 employees in Research Triangle Park as part of its Accelerating Operational Leverage Program announced in 2014.

Mar. 03, 2015 @ 01:09 PM

Syngenta begins RTP job cuts

Syngenta laid off 23 employees in Research Triangle Park (RTP) as part of its Accelerating Operational Leverage Program announced in 2014.

Mar. 02, 2015 @ 05:46 PM

GSK acquires Novartis vaccine business

GlaxoSmithKline (GSK) completed its three-part transaction with Novartis on Monday, through which it acquired the company’s global vaccine business.

Mar. 01, 2015 @ 01:23 PM

Business briefs: BuildSense/L.E. Myers; Family Fare

L.E. Myers merges with BuildSense ... Family Fare begins franchising ..

Feb. 28, 2015 @ 03:22 PM

Chapel Hill Buzz: Two new restaurants to open

Empanada, tequila bar to open in Carrboro ... Trolly Stop Hot Dogs to open in Chapel Hill ...

Feb. 27, 2015 @ 05:22 PM

BCBSNC pins net loss to rising costs

Blue Cross and Blue Shield of North Carolina (BCBSNC) reported a net loss of $50.6 million in its financial results for 2014, pegging it on higher medical costs under the Affordable Care Act (ACA) and poor performance of Medicare Advantage products.