Raleigh News | Breaking News Raleigh | Raleigh NC News | Raleigh Business News

Daily Email Update: Sign up to receive free daily business news updates by email every weekday afternoon from the Triangle Business Journal.

Latest News RSS Feed

Previous: January 2, 2009

Friday 01.09.2009

• Parker Poe lays off 2 Raleigh lawyers
• The Mint lands new owners, mulls lower-priced menu
• Martin Marietta downgraded to 'sell'
• Circuit City in talks with potential buyers
• N.C. man sentenced in bank fraud scheme
• UNC won't build Orange County airport
• Adherex shares to delist Jan. 29
• KB Home revenue cut in half
• U.S. loses another 524,000 jobs

Thursday 01.08.2009

• NCSU named a top 10 value by Princeton Review; UNC misses cut
• Raleigh loses its CIO to Austin
• Target, Wal-Mart among parade of retailers reporting weak holiday sales
• Peak Fitness to change tactics, offer refunds
• Mortgage rates fall to record low
• AAA Carolinas: Rise in gas prices unlikely to stick
• Macy's to close 11 stores nationwide
• Progress Energy looks to raise $469M in stock offering
• EMC to cut 2,400 jobs

Wednesday 01.07.2009

• Lenovo moves to result in net loss of 100 Triangle jobs
• Inspire Pharmaceuticals move shifts Restasis sales efforts to Allergan
• Principal leaves The Aurora Funds
• Lenovo trading is halted ahead of 'price-sensitive' announcement
• Reduced retail traffic eats into CKE sales
• Time Warner Cable to take $15B charge
• Progress Energy to sell shares
• NCSU names NASA vet to oversee research, Centennial Campus
• Family Dollar earnings up 14%
• BofA’s Lewis: No bonuses for top execs
• Liquidia, Abbott team up to target cancer
• Pepsi Bottling Ventures to expand in Idaho
• Survey: Most think their jobs won't be cut

Tuesday 01.06.2009

• Blount Street Commons delayed
• ACBJ Chairman Shaw wins top business journalism award
• What should I do if I lose my job?
• N.C. OKs $750M in capital spending
• Economic development vet Cohoon named to lead Triangle North
• Audit: N.C. could have saved on temp work
• Triangle unemployment hits 6.1%
• TBJ readers' resolution: Get in shape
• LabCorp cuts 2009 guidance
• Rise in health care spending slows

Monday 01.05.2009

• N.C. foreclosures jumped 9% in 2008
• Progress Energy signs $7.65B deal for Florida nuke projects
• Perdue names secretaries of transportation, commerce
• Fed: Canada imported 24% of North Carolina exports in 2007
• Construction spending falls but tops analyst projections
• U.S. airlines sue FAA over pilot safety laws
• BDSI gets $6M from Meda
• Progress Energy says earnings growth could slow in 2009
• PPD buys lab, hires 80 from Merck
• AARP: Economic stress causing health problems

Friday 01.02.2009

• Perdue names 3 to cabinet
• Online holiday sales lowest since 2001
• Venture liquidity hit 5-year low in 2008
• Report: Some IPOs may surprise in 2009
• King takes reins at BB&T
• Manufacturing falls to 28-year low
• NYSE suspends R.H. Donnelley shares
• BofA becomes nation's largest bank with completion of Merrill Lynch acquisitions
• Wells Fargo closes on $12.7B purchase of Wachovia

Wednesday 12.31.2008

• Macy's customers might be overcharged
• GlaxoSmithKline's Ingram to join board at Cree
• Ven Poole named Waste Industries CEO
• SEC: Fair value accounting didn’t cause financial crisis
• New jobless claims drop, continuing unemployment rolls grow
• Report: Big bailout recipients still shaky
• Viacom, Time Warner reach deal
• Consumer confidence hits another low
• PETA wants PetSmart to stop live animal sales

Tuesday 12.30.2008

• Wells Fargo cuts jobs as Wachovia merger nears
• Lexington, Raleigh CPA firms merge
• BB&T buys Burlington underwriter
• Home price indexes drop 18 percent in October
• Survey: More employers to hold off on hiring
• Feds give GMAC $6B lifeline

Monday 12.29.2008

• Computer Sciences Corp. beats Electronic Data Systems for N.C. Medicaid contract
• Chick-fil-A to give away chicken biscuits for new year
• FDA won't approve Salix drug without another trial
• Scana to sell 2 million shares
• Piedmont Natural Gas earnings fall in 4Q
• Cree settles patent lawsuit with Bridgelux
• IBM signs 7-year deal with Sara Lee
• MasterCard SpendingPulse report: Holiday sales tumble
• Report: CEO compensation is changing
• Novartis spends $20M on rights to AlphaVax vaccine

Wednesday 12.24.2008

• First Citizens delays end of IronStone brand
• Poll: 25% of small businesses fear they won't survive
• Survey: Tech companies freezing salaries, hiring in 2009
• Coke scolded over labeling of Diet Coke Plus
• Passenger traffic at RDU drops 14%
• Personal spending falls 0.6% in Nov.

Tuesday 12.23.2008

• Delta delays RDU-Paris flight for a year
• Newsweek: Duke Energy CEO Rogers among ‘Global Elite’
• National Retail Federation asks for more sales tax breaks
• Wachovia shareholders OK Wells deal
• SEC filing: Embarq had many suitors
• Report: Existing home prices, sales plummet
• U.S. economy shrank by 0.5% in third quarter
• TBJ poll: Readers prefer turkey at holidays

Monday 12.22.2008

• Red Hat shares advance on strong earnings
• Holiday travel to fall in N.C.
• Survey: Crisis communication is up
• Qimonda gets $450M loan
• Obama: Automakers must make ‘hard choices’
• Holiday spending in U.S. drops 1 percent
• GSK to end state-level political contributions
• November job losses in N.C. topped the U.S.
• GlaxoSmithKline to buy Pakistani business