Business
Chimerix reports positive results for experimental drug
April 30, 2013
(The News & Observer, Raleigh)
Durham drug developer Chimerix, which went public this month, said its experimental antiviral drug had positive results for most human patients, and a third round of clinical trials will begin in several months.
Former Southern Community leaders sue bank's purchaser
April 30, 2013
(Winston-Salem Journal)
Two former Southern Community Banking Corp. executives are suing Capitol Bank Financial Corp, which purchased the bank last year, for breach of contract after they were fired and not given $4 million in payments they say they were due. They also accused the two banks of colluding during negotiations.
Report: More N.C. workers dying on the job
April 30, 2013
(The Charlotte Observer)
A study by workplace safety advocates says three times more workers died on the job last year than reported by the N.C. Department of Labor, mostly because vehicle accidents, workplace violence and fatalities among the self-employed were not counted.
State attorney general seeks stay in Duke rate case
April 30, 2013
(Associated Press)
State Attorney General Roy Cooper wants the N.C. Utilities Commission to stay a rate increase implemented last year by Duke Energy after the state Supreme Court found earlier this year that the commission did not properly consider its effects on consumers.
Wilmington yogurt chain plans national expansion
April 30, 2013
(StarNews, Wilmington)
The Fuzzy Peach, a Wilmington-based yogurt chain, has signed franchise agreements for shops in South Carolina, Florida, Ohio, Pennsylvania, Arkansas and West Virginia as part of a national expansion effort. The chain was founded by three UNC Wilmington graduates.
Despite Congressional action, small airport towers may still close
April 30, 2013
(Hickory Daily Record)
Smaller air-traffic control towers such as the one at Hickory Regional Airport may still close despite Congressional action that gives the Federal Aviation Administration more flexibility with its money. The decision last week ends unpopular furloughs of air-traffic controllers.
Randolph County targets 200 acres for development
April 30, 2013
(News & Record, Greensboro)
Randolph County is partnering with Charlotte-based Duke Energy to examine what type of industries could possibly choose 200 acres north of Asheboro for development.
Italian logistics company coming to Charlotte
April 30, 2013
(The Charlotte Observer)
Italian logistics company Argol America Inc. will bring its North American headquarters to Charlotte, hiring 20 workers.
Tax breaks for businesses add up
April 29, 2013
(The News & Observer, Raleigh)
Tax breaks added up to $1 billion this year, showing how loopholes in the state's tax code favors some businesses over others.
Regulators close Lenoir bank
April 29, 2013
(Associated Press)
The Federal Deposit Insurance Corp. closed Lenoir-based Parkway Bank, which had three branches and $108.6 million in assets. Regulators arranged for Easley, S.C.-based CertusBank NA to purchase the bank's $103.7 million in deposits and $99.2 million of its assets.
