Business: Local and State

Jun. 01, 2014 @ 06:20 PM

Career briefs, June 2

  • Argos Therapeutics receives award
  • Anita Brown-Graham to Blue Cross board
  • Spring Arbor of Durham names new executive director
  • New Duke Raleigh Hospital president named

May. 30, 2014 @ 07:02 PM

NetApp opens new Research Triangle Park lab, marks 15 years in park

NetApp Inc. opened the doors Thursday to a new, 155,000-square-foot research and development lab in the Research Triangle Park where employees can test new computer software and hardware.

The California-based data storage company marked the opening of the new lab at a grand opening celebration Friday. In addition to showcasing the new lab, the company also marked 15 years of operations in Research Triangle Park.

May. 29, 2014 @ 10:35 PM

Laettner attorney in court to collect West Village-related debt

An attorney for Christian Laettner was in court in Durham on Thursday to try to win a court order to help collect money the former Duke University basketball star lent to the West Village redevelopment.

May. 29, 2014 @ 12:04 PM

Startup Factory introduces young tech companies to investors

When Patrick Matos was looking for day care for his young daughters in the Washington area, he said he had to visit 16 different schools. He wants to simplify that search process for other parents.

Matos is CEO of a start-up company, CareLuLu, that has launched a website that allows parents to search for local day-care programs.

May. 28, 2014 @ 06:36 PM

Durham-Chapel Hill unemployment steady at 5 percent in April

The unemployment rate in the Durham-Chapel Hill metro area held steady at 5 percent in April for the second month in a row.

But compared to April of last year, the monthly rate was down 1.5 percentage points.

May. 27, 2014 @ 10:11 PM

RTP one of seven winners of STEM mentoring contest

The White House has named the Research Triangle Park as one of seven winners of a competition that challenged cities to create programs for encouraging mentorship in science, technology, engineering and math.

May. 27, 2014 @ 08:08 PM

Business briefs, May 28

  • BioCryst’s stock climbs on preliminary study results
  • Durham online patient payment company raises $2.5 million
  • Chimerix completes secondary offering

May. 27, 2014 @ 01:29 PM

RTP one of seven winners of STEM-focused mentorship contest

The White House has named the Research Triangle Park as one of seven winners of a competition that challenged cities to develop science, technology, engineering and math mentorship programs.
The seven locations will share $1 million to launch a network of STEM-focused mentorship programs. Through the programs, they will connect mentors from companies in each region to students.

May. 25, 2014 @ 09:30 PM

Durham to see influx of hotel rooms next year

A flurry of new hotels is coming to Durham next year, with five new hotels targeted to open in the city and an expansion wrapping up at a sixth.

The city hasn’t seen that many hotel additions in a single year since 2004, according to Shelly Green, the CEO of the Durham Convention and Visitors Burea

May. 23, 2014 @ 05:10 PM

Career briefs

  • McKinney announces promotions
  • Castlewood announces outreach regional director

May. 22, 2014 @ 05:56 PM

Impact of universities on regional economy lauded

Without the Research Triangle region’s well-funded and well-supported universities, Bob Geolas said the Research Triangle Park would just be land.
Geolas is the president and CEO of the Research Triangle Foundation of North Carolina, the group that manages the business park. He was a speaker Thursday at the annual meeting of the Research Triangle Regional Partnership, an economic development group for 15 counties in the region including Chatham, Durham, Orange and Wake.

May. 21, 2014 @ 04:48 PM

Business briefs, May 22

  • Chimerix to use stock sale proceeds for pilot study
  • Chapel Hill CRO announces new hires

May. 21, 2014 @ 04:08 PM

Lenovo North America president: PC Plus strategy paying off

Lenovo Group, the world’s leading personal computer vendor, reported record revenues of $38.7 billion for the fiscal year that ended in March.

The company, which has headquarters in Morrisville and Beijing, saw 14 percent revenue growth in the year, with overall increases in its shipments of PCs, smartphones and tablets.

May. 19, 2014 @ 06:11 PM

Business briefs, May 20

  • Chimerix looks to sell more stock
  • ‘State of the Research Triangle Region’ Thursday

May. 19, 2014 @ 05:59 PM

Pittsboro to hold third hearing on Chatham Park proposal

The Pittsboro Board of Commissioners will hold a public hearing Tuesday to get feedback on the proposed Chatham Park project.

The developer has requested to rezone 7,120 undeveloped acres east of Pittsboro in the town’s “extra-territorial jurisdiction.” The proposal calls for 22 million square feet of non-residential space and 22,000 residential units.