.Biz blog

  • Avalara hiring 25 workers in Durham

    Posted by David Ranii on November 21, 2014

    Avalara, a Seattle-based sales tax software company that just raised $100 million in new funding, is expanding its Triangle operations and expects to hire 25 additional workers by mid-2015.

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  • Workers' comp rates falling for NC employers

    Posted by David Ranii on November 20, 2014

    The workers' compensation rates paid by most North Carolina employers will decline an average of 3.4 percent next year. The 3.4 percent decrease is an average and will impact about 95 percent of employers, according to Insurance Department spokeswoman Kerry Wall. Rates will vary significantly based on an employers' claims experience and the types of workers employed.

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  • Republic Wireless ranked tops by Consumer Reports

    Posted by David Ranii on November 20, 2014

    Raleigh-based Republic Wireless is the top-rated prepaid cellphone provider in the latest rankings by Consumer Reports.

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  • Chapel Hill’s Cempra awarded $16M federal grant

    Posted by John Murawski on November 20, 2014

    Chapel Hill drug developer Cempra has been awarded a federal grant of $16 million as part of a five-year $58.6 million research contract with the Biomedical Advanced Research and Development Authority, or BARDA.

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  • PRA's initial stock offering nets $333 million

    Posted by David Ranii on November 19, 2014

    Raleigh-based PRA Health Sciences, which went public last week, announced that its underwriters have exercised their option to purchase an additional 2.5 million shares at the initial public offering price.

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  • Durham office park up for sale

    Posted by David Bracken on November 19, 2014

    Headquarters Park, a two-building office campus in Durham, has been put up for sale by its owner. Until late last year, the 147,477-square-foot campus had been leased to the public-health nonprofit FHI 360.

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