Raleigh Business News - Local Raleigh News | The Triangle Business Journal
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Research Triangle Park picks N.Y. firm for master-plan update
The Research Triangle Foundation?s board of directors has selected New York City-based design firm Cooper, Robertson & Partners to spearhead the development of a new master plan for Research Triangle Park ? the first update to the park?s master plan since the 1960s. (IBM) (GSK)
Krispy Kreme sales, profits rise
Revenue for Winston-Salem-based Krispy Kreme Doughnuts rose by 6.3 percent to $87.9 million in its fiscal second quarter, while net income rose to $2.2 million from a loss of $157,000 compared to a year ago. (KKD)
Durham maker of artificial blood vessels raises $12M
Humacyte Inc. has raised $12 million in a debt offering, the Duke University spinoff says in a new filing with the U.S. Securities and Exchange Commission.
Promotions and Hirings: September 3
Editor's note: Each day, we will share five items from the People on the Move section we publish each Friday in our print edition. The full list is available only to Triangle Business Journal subscribers. If you are not a subscriber but would like earlier access to the People on the Move section, you can subscribe here.
UNC suspends 13 football players for LSU game
Star linebackers Bruce Carter and Quan Sturdivant were cleared to play late Friday, but UNC-Chapel Hill will be without 13 players - most of them starters - as the team opens its season Saturday night under the shadow of NCAA investigations into players possibly accepting improper benefits from agents and possible academic fraud.
NCDOT to halt most construction work for Labor Day weekend
The North Carolina Department of Transportation will suspend most road construction activities on major routes across the state during the holiday weekend with a few exceptions ? including one in the Triangle.
Outer Banks still assessing Earl damages
North Carolina Department of Transportation work crews were working Friday afternoon to clear sand and water from N.C. Highway 12, which is closed in portions of Dare and Hyde counties on the Outer Bank.
Private sector grows jobs, but Census pushes unemployment to 9.6%
U.S. employers cut their payrolls by 54,000 jobs in August, although private-business jobs rose, and the nation's unemployment rate rose to 9.6 percent for the month, the first increase in four months, the U.S. Department of Labor reported Friday.
EMC extends storage lead over IBM, NetApp
EMC grew its lead over IBM and NetApp in the external storage market during the second quarter, research firm IDC says in a report released Friday. (EMC) (IBM) (HP)
Durham incubator Synecor raises $9.99M
Durham-based Synecor, an incubator of life science companies including TransEnterix and InnerPluse in the Triangle, has raised $9.99 million in a stock offering, the group says in a U.S. Securities and Exchange Commission.
