Triangle Area Business News

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The News & Observer, Raleigh, North Carolina
Updated: 10 hours 8 min ago

Stocks surge on good news in U.S., Greece

11 hours 14 min ago

Stocks resumed their slow but steady climb Tuesday as Greece appeared close to announcing a deal with creditors to cut its debt. The Dow Jones industrial average ended at its…

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Highwoods beats Wall St. estimates

13 hours 14 min ago

Highwoods Properties reported fourth-quarter earnings late Tuesday that narrowly beat Wall Street estimates as the company ended the year with 90 percent of its portfolio occupied.

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Salix drug wins priority FDA review

13 hours 14 min ago

The Food and Drug Administration has agreed to give a priority review to Salix Pharmaceutical's potential treatment for HIV-associateddiarrhea.

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Wal-Mart adds to health push

13 hours 14 min ago

In case you can't tell which foods at your local Walmart are healthful, the world's largest retailer will make it obvious right on the package with a "Great For You"

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Biogen Idec adds car chargers

13 hours 14 min ago

Local drugmaker Biogen Idec dedicated 10 electric car rechargers Tuesday at its facility in Research Triangle Park as part of the federal government's push for electric cars.

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Areas can get arts grants

13 hours 14 min ago

Seeking to replicate the kind of arts-related projects that have helped revitalize some downtowns in North Carolina, leaders from arts, government and business have launched an initiative to help similar…

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GSK adjusting its R&D efforts

13 hours 14 min ago

GlaxoSmithKline's plans for reconfiguring its research-and-development efforts aim to boost cost-effectiveness without reducing the number of scientists in Research Triangle Park or elsewhere, said a company spokeswoman.

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The Pantry reports smaller net loss in first quarter

Tue, 02/07/2012 - 08:50

The Pantry reported a net loss of $2.9 million, or 13 cents, a share in the first quarter this morning.

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Martin Marietta's fourth quarter sales up 8 percent

Tue, 02/07/2012 - 08:49

Martin Marietta Materials sales increased 8 percent in fourth quarter, the company announced this morning.

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Honda small claims? Not here.

Tue, 02/07/2012 - 03:41

Heather Peters got the better of two big industries - international carmakers and high-dollar lawyers - when she spurned a class-action lawsuit and went one-on-one against American Honda Motor Co.

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Hearing scheduled in Marietta takeover suit

Tue, 02/07/2012 - 02:00

A Delaware judge will hear arguments in the lawsuit over Raleigh-based Martin Marietta Materials' hostile takeover bid of Vulcan Materials on Feb. 28, Bloomberg News reported Monday.

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PowerSecure LED lights taking off

Tue, 02/07/2012 - 02:00

PowerSecure International, the Wake Forest energy services company, announced Monday it has received $15 million in orders for its LED lights from three major retailers.

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Startup adviser changes focus

Tue, 02/07/2012 - 02:00

Two new business accelerators that incubate startups have decided it's better to complement each other than compete.

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Durham animal health company to launch first product

Tue, 02/07/2012 - 02:00

A Durham animal health company anticipates launching its first product, a new way to control an infection that afflicts dairy cows, by the end of this year.

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Greek talks prove drag on stocks

Tue, 02/07/2012 - 02:00

Stock indexes closed slightly lower Monday as talks dragged on between Greek political leaders over a fresh cost-cutting package required for the country to get more bailout loans.

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Redbox, Verizon join to stream movies

Tue, 02/07/2012 - 02:00

Betting that a combination of Internet streaming and kiosk DVD rentals can give consumers the most complete package in a fractured media landscape, Redbox and Verizon are teaming on a…

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610,000 ditched banks in 'fee-asco'

Mon, 02/06/2012 - 15:33

Exactly three months ago, many bank customers were fuming. They didn't like big bank bailouts, and they didn't like the $5 debit card fees that Bank of America and other…

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Stocks slip on Wall Street as Greek talks drag on

Mon, 02/06/2012 - 09:00

Stock indexes closed slightly lower Monday as talks dragged on between Greek political leaders over a fresh cost-cutting package required for the country to get more bailout loans.

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Economic uptick doesn't dispel doubt

Mon, 02/06/2012 - 03:53

Shoppers and business owners went into the weekend with the first bit of good economic news in a long time.

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US oil prices fall below $97

Mon, 02/06/2012 - 03:37

U.S. oil prices fell below $97 per barrel Monday as growing supplies offset concerns that President Barack Obama and other Western leaders will make it tougher for Iran to sell…

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