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Triangle Business News
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Current headlines from Raleigh Business News - Local Raleigh News | The Triangle Business Journal:
- UNC study links alcohol abstinence with depression
Cutting back on drinking could possibly lead to feelings of depression, according to findings from the University of North Carolina at Chapel Hill.
- Private equity firms raise $132.7 billion, down 3%
U.S. private equity firms in the first six months of the year raised $132.7 billion across 185 funds - 3 percent shy of the $137.2 billion raised by 199 funds during the first half of 2007, according to a report released Tuesday.
- Southwest to go international with WestJet partnership
Southwest Airlines Co. is planning to add international flights through a partnership with WestJet, a Canadian carrier. (LUV)
- French approval of cancer vaccine boosts GlaxoSmithKline
Shares of GlaxoSmithKline advanced in trading Tuesday after the company said it's won French approval for its cervical cancer vaccine, Cervarix. (GSK)
- EMC shares tumble over VMWare's troubles
Shares of EMC fell in trading Tuesday after spin-out company VMWare ousted its CEO and cut its revenue forecast. (VMW) (EMC)
- Up for sale, Fresh Market plans grand opening for Chapel Hill store
An outdoor barbecue and free coffee will greet visitors July 16 at the grand opening celebration for The Fresh Market's new Chapel Hill store.
- Siemens to cut 16,750 jobs
German industrial conglomerate Siemens will eliminate 16,750 jobs worldwide as part of an effort to cut costs and boost margins, it said Tuesday.
- AirTran to cut 480 jobs
AirTran Airways has announced that it plans to shed 480 jobs - 180 pilot and 300 flight attendant positions - by Sept. 6 as part of program to reduce its costs, which have been soaring because of escalating fuel prices. (AAI)
- Triangle to be left out as transportation board considers contracts
The Triangle's transportation system won't be getting much help from the North Carolina Board of Transportation when it meets later this week.
- Easley makes grant to solar-panel factory
Gov. Mike Easley has awarded a grant from the One North Carolina economic development fund to a company that plans to build a $36.8 million solar-panel factory.
Headlines last updated at Jul 08, 2008 22:21:00pm.
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