Business & Economy

Business & Economy
7:28 am
Mon December 22, 2014

What's Cookin' In North Carolina's Trendy Grocery Store Scene

Fresh Market's Atlanta Humphrey greets customers at its new grocery store in Durham.
Credit Leoneda Inge

There is a fresh food movement underway and the competition is getting tasty!

One of the most dominant and well-known fresh food grocery store brands in the country is Whole Foods.  It’s in the middle of building 1,000 new stores.

But it’s not the only trendy grocery store snapping up real estate in the Triangle.

Steve Schemm enjoys showing off The Fresh Market that opened just this month on University Drive in Durham, from the poinsettias near the front door to the meat market.

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The State of Things
12:03 pm
Tue December 16, 2014

Local Bookstore Goes Against The Grain

Scuppernong Books is Greensboro's independent bookstore. They are part of a revitalization in downtown and hope to be place where conversations happen.

The obituary for the independent bookstore has been written many times, but the digital revolution has created a niche and a desire to hold something real in your hands when you read. 

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Business & Economy
3:08 pm
Thu December 11, 2014

Bank Robberies Hit 10-Year Low in North Carolina, Despite 'Eyes Only Bandit'

The bank robber is described as a light-skinned black male, approximately 20-35 years of age with a medium build.
Credit FBI

The Charlotte Division of the FBI has been on the lookout for a bank robber who has operated in Wake, Nash, and Franklin Counties. The suspect is known as the "Eyes Only Bandit" because in each case, the robber wore a hooded jacket and gloves and covered his face with a mask, leaving only his eyes visible.

The "Eyes Only Bandit" struck these banks:

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Business & Economy
5:35 pm
Mon December 8, 2014

Chapel Hill Doctor Among Those Dead In Maryland Plane Crash

Michael J. Rosenburg, CEO of Health Decisions in Durham.
Credit Health Decisions

Multiple outlets are reporting Triangle doctor Michael J. Rosenberg is among the six victims of a plane crash in Maryland on Monday.

The plane was registered to Sage Aviation, of Chapel Hill, which is owned by Rosenberg. Rosenberg is the CEO of Health Decisions, a pharmaceutical company in Durham. Triangle Business Journal named him a 2013 Health Care Hero:

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Business & Economy
6:35 pm
Fri December 5, 2014

Think All Businesses In RTP Are Huge? Think Again

One of RTP's smaller businesses, AgBiome, does work with stinkbugs.
Credit Patrick Coin / Flickr/Creative Commons

The largest research park in North America sits in the middle of North Carolina.  And this week, one of Research Triangle Parks' largest tenants – GlaxoSmithKline – announced it’s laying off 900 employees.

The trend over the past decade shows a major shift away from relying on big multi-national companies with sprawling campuses in favor of smaller operations.

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Business & Economy
5:54 pm
Thu December 4, 2014

Charlotte, NC: Take A Virtual Ride On The World's Tallest, Fastest Giga Rollercoaster (Video)

Artist rendering

Parts of the Fury-325 rollercoaster stand 20-feet taller than the Statue of Liberty. It took 400 trucks to haul the pieces to Carowinds in Charlotte, NC, and the critical "hill" was completed this week.

When the coaster opens this spring it will be the tallest and fastest of its kind in the world, reaching speeds of an astonishing 95 mph. What will the ride be like? Take a look:

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The State of Things
12:12 pm
Thu December 4, 2014

What GSK Layoffs Mean For Pharma In North Carolina

Credit GlaxoSmithKline


Pharmaceutical giant GlaxoSmithKline eliminated 900 jobs yesterday.

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The State of Things
12:07 pm
Wed December 3, 2014

RTP Affected As GlaxoSmithKline Cuts 900 Jobs

Pharmaceutical leader GlaxoSmithKline is expected to announce a major reorganization effort that could impact jobs in the Triangle.
Credit Flickr/Ian Wilson


Pharmaceutical player GlaxoSmithKline is laying off hundreds of workers in its American facilities, and the bulk of these job cuts are in Research Triangle Park.

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Business & Economy
3:09 pm
Tue December 2, 2014

Developers Break Ground on Chatham Park

Pittsboro, NC mayor Bill Terry at Chatham Park groundbreaking.
Credit Chatham EDC via Twitter

Construction of the 7,000+ acre development that plans to greatly expand the size and population of Pittsboro began this week with a UNC Health Care facility.

Developers announced the groundbreaking Tuesday. The 25,000 square-foot medical plaza is the first building to go up in Chatham Park. While UNC hasn't said what services the building will provide specifically, it's expected to house specialists.

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The State of Things
11:54 am
Mon December 1, 2014

Pat Nathan Hands Down Her Corporate Success

Pat Nathan
Credit Pat Nathan


As a chemist in the 1970s, Pat Nathan was quite often the only woman in the room.

She remained one of the only women in the room as she rose through the rankings at the Dell computer company during the dot-com bubble. She entered the industry at a time when it was grappling with how to dispose of computer waste responsibly.

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