Posts tagged “Employment”

Updated August 10, 2007

Premium Lock Tekelec to Combine 2 Business Units

Tekelec Impact on workforce is not known, exec says. Telecom gear-maker also launches $50M stock buyback plan.

Updated August 8, 2007

Premium Lock Is Your Independent Contractor Really Your Employee?

Ward and Smith TechLaw: The financial and management advantages that accrue to businesses by retaining consultants rather than hiring employees are well known in the tech industry. Government regulations, however, may make your consultant an employee, and the improper classification can result in substantial costs and penalties.

Updated August 8, 2007

Premium Lock A Grand Opening: Cisco’s Swelling RTP Workforce Occupies New Building

Guy Drapeau is all smiles as he shows off Cisco's new next generation testing lab. Company opens ‘Park Falls’ structure as part of moves to accommodate 900 new workers. Cisco has hired some 900 people in Triangle over past two years.

Updated August 2, 2007

Premium Lock Nortel Misses Wall Street Estimates with $37M Quarterly Loss

Nortel reports a loss Analysts had expected 8- or 9-cent per share profit, not 7-cent loss. Nortel also fell short of revenue estimates. Stock drops 6.7 percent.

July 24, 2007

Premium Lock etrials Names Interim COO, Launches Client Services Practice

etrials New CEO Chip Jennings discloses first changes at clinical trial firm.

Updated July 20, 2007

Premium Lock Wake Forest U. Teams with Boston Firm to Fund, Launch Two Ventures

Nanotechnology UniversityTech: Both companies – FiberCell, PlexiLight - are based on nanotechnology. NanoHoldings provides funding; a partner in firm will serve as president of both ventures.

Updated July 17, 2007

Premium Lock Trimeris, Roche Launch Trial on New Version on HIV Drug

Trimeris Companies also will test reduced daily dosage of Fuzeon. News comes four months after Roche, Fuzeon parted ways on development of new HIV drug.

Updated July 3, 2007

Premium Lock California Game Tech Company to Move Jobs to Chapel Hill

 UPDATE: Emergent, which acquired C.H.-based NDL in 2005, secures $12M in new funding. Firm also decides to consolidate research and development operations in North Carolina.

July 2, 2007

Premium Lock 1840 to 2007: Thank You Mr. Springs for Taking the Risk. Who’s Next?

Jim Roberts A series of layoff announcements last week by Springs, Philip Morris and Hanes shows vulnerability of local economies. Who will be entrepreneurs that build new businesses to replace those that are disappearing?

Updated June 25, 2007

Premium Lock Recreating History in Micro, Macro Through Eyes, Sword of Hannibal

Alessandro Canossa has long admired Hannibal of Carthage. UPDATE: At Wake Tech game expo, Danish game developer spreads message of joys, challenges, opportunities in game development.

Updated June 21, 2007

Premium Lock Glamour Shot Incentives

John Locke Foundation New study raises questions about economic development incentives. New study shows local incentive deals are most often done in economically healthy communities, not the needy ones.

June 20, 2007

Premium Lock Report: N.C. Department of Revenue Chief Could Be Next Biotech Center CEO

Norris Tolson Norris Tolson, who is also vice chair of the Biotech Center’s board, would replace Leslie Alexandre. She resigned earlier this year.

Updated June 13, 2007

Premium Lock Lenovo in Talks to Build $10M Distribution Facility in Triad

Lenovo could expand to Triad PC manufacturer is seeking $154,000 in local incentives for plant. Some 45-60 jobs would be created. Wake County, other states also being considered.

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The Skinny: A Blog by Rick Smith