Poll: 76% of NC residents won't shop on Black Friday

November 24, 2015

(News & Record, Greensboro)

A High Point University Poll found that 78% of N.C. residents don't plan to shop on Thanksgiving Day and 76% won't shop on Black Friday. According to the poll, which surveyed 610 adults across the state, 69% of North Carolinians disapprove of businesses requiring employees to work on Thanksgiving.

Citrix ending startup accelerator program

November 24, 2015

(The News & Observer, Raleigh)

Citrix Systems will wind down a two-year-old program that provides mentoring and support to entrepreneurs, raising questions about the California-based tech company's future in Raleigh. Citrix said last week it was eliminating 1,000 jobs as part of a restructuring, though fewer than five people were laid off at the Raleigh office.

Durham's Validic teams up with Quintiles

November 24, 2015

(WRAL TechWire)

Durham-based Validic has signed contract-research organization Quintiles as a client, the companies said Monday. Under the partnership, Quintiles, also based in Durham, will be able to access patient-generated data from digital health devices and apps to help with clinical trials.

AAIPharma investing $15.8M in Wilmington expansion

November 23, 2015

(Greater Wilmington Business Journal)

The contract drug development company will add 37 jobs over three years; the number could climb to 50 by 2019. Wilmington-based AAIPharma will receive up to $550,000 in state and local incentives. The company employs nearly 400 people in Wilmington.

Group says offshore drilling a matter of 'when,' not 'if'

November 23, 2015

(StarNews, Wilmington)

Executives from Shell Oil joined the pro-drilling group Consumer Energy Alliance in Wilmington Friday to discuss the potential impact of drilling for oil and natural gas off the North Carolina coast. A Shell representative said offshore drilling in southeastern N.C. could bring new jobs to the Port of Wilmington.

Pfizer merging with Allergan to create world's biggest drugmaker

November 23, 2015


Pfizer is merging with Allergan in a $150 billion deal, The Wall Street Journal reports. The smaller, Dublin-based Allergan will buy New York-based Pfizer, and the combined company will be based in Ireland, which has lower corporate taxes. Pfizer has increased its footprint in North Carolina over the last five years, most recently through its $15.2 billion purchase of Hospira.

NC jobless rate inches down a notch to 5.7%

November 23, 2015

(The News & Observer, Raleigh)

The state unemployment rate fell to 5.7% in October, down from 5.8% in the previous month. The number of unemployed workers decreased by 2,042. The jobless rate was as low as 5.3% earlier this year.

Wake Forest Baptist gets credit upgrade

November 23, 2015

(Winston-Salem Journal)

Standard & Poor's Rating Services changed its outlook for Wake Forest Baptist Medical Center from stable to positive based on an unexpected boost of reserves and "faster-than-expected rebound in operating performance."

Asheville leaders cope with region's growth

November 23, 2015

(Asheville Citizen-Times)

While Buncombe County's unemployment rate is among the lowest in the state – 4.3% in September – Asheville needs to add more recession-proof jobs in fields such as technology to ensure long-term stability. The Asheville metro area's population reached 442,316 in 2014, compared with 244,960 in 1969.

App developer adding 98 jobs in Durham

November 20, 2015

(The News & Observer, Raleigh)

WillowTree, a Charlottesville, Va.-based tech company, will create 98 jobs in Durham, where it currently has a temporary office at American Underground. Average annual salary for the jobs will be $83,333. WillowTree's clients include AOL, GE, Johnson & Johnson and Time Warner.