United Therapeutics 3Q profit down
SILVER SPRING, Md. – United Therapeutics, a Maryland-based company with operations in the Research Triangle Park, reported Tuesday that its earnings were down almost 20 percent in the third quarter.
The company reported net income of $62.7 million for the quarter and total net revenues of $302.2 million. Its revenues were up nearly 25 percent year-over-year.
The company saw its total operating expenses grow to nearly $197.6 million, with growth in its research and development costs, as well as in its selling, general and administrative expenses and cost of sales.
Program on skill gaps accepting applications
DURHAM – Durham’s Office of Economic and Workforce Development is now accepting applications for a grant program that businesses can use to address their employees’ skill gaps.
According to a news release from the city, the goal of the grant is to increase employee knowledge and certifications that can help contribute to a company’s competitiveness in regional and global economies.
For-profit and nonprofit Durham-based businesses must be in operation in North Carolina for a minimum of one year prior to the application date in order to be eligible for the program, they must be current on all federal and state tax obligations, and must be financially viable.
Grant funds are paid by reimbursement upon receipt of an invoice from approved businesses. The next grant submission deadline is March 11 by 5 p.m. To learn more, contact Business Services Manager Darrell Solomon at 919-560-4965 ext. 15221, or by email at firstname.lastname@example.org.
M&F Bancorp CEO to speak
DURHAM -- Kim Saunders, president and CEO of Mechanics and Farmers Bank and of the bank’s parent company M&F Bancorp, will be the featured speaker at a Nov. 7 Black Women in Business program.
The program, called “View From the C-Suite,” will focus on strategies for leading a department, team, project or business with the presence and strategies of a chief executive.
The program will run from 6 to 8 p.m. Nov. 7. For information or to register, go to the website https://nov-bwib-nc.eventbrite.com. The registration deadline is Nov. 4.
Black Women In Business is a community for black women leaders. Its purpose is to enrich and celebrate the talents and skills of black women.