Emily Brice

North Carolina has the 11th most competitive tax code in the nation, according to the Tax Foundation’s 2018 State Business Tax Climate Index. The report, which was issued on Oct. 17, analyzes over 100 different variables in five categories: corporate, individual income, sales, property and unemployment insurance. With first being the best and 50th the worst, N.C.’s rank by category: Corporate tax ranked third Unemployment insurance tax ranked sixth Income tax ranked 13th Sales tax ranked 20th Property tax ranked 32nd Wyoming has the most competitive overall tax code, while New Jersey has the least competitive overall tax code,...

A Raleigh-based telecommunications company has filed to raise $85 million in an initial public offering, according to a Securities and Exchange Commission filing on Friday. Bandwidth Inc. hopes to use the money from the IPO for expansion of their sales, marketing and research and development. The company also plans to use the money for future strategic acquisitions although there are not agreements or commitments withstanding. The Form S-1 did not list a proposed stock price range for the company. Bandwidth’s stock, if the IPO is successful, would trade on the Nasdaq using the ticker BAND. The company was formed in...

​Jared Pelo, founder and CEO of Durham-based iScribes, is working to make health care human again. iScribes is a technology enabled medical service that frees physicians’ hands from computers and tablets as remote scribes use a secure app and cloud technology to complete necessary paper work. Doctors spend an estimated 40 percent of their time documenting patient visits in electronic medical records, also referred to as EMRs. Technology and medical documentation has modernized health care, but it has also proved to be a hassle for physicians, decreasing time spent with patients and quality of care. VIDEO: Watch a CED...

Physcient Inc. is hoping to raise $1 million in a private stock offering, according to a Securities and Exchange Commission filing. It has raised $344,862 thus far. The company filed the Form D on April 26. It did not disclose what it intended to so with the proceeds. Physcient is owned and operated by Hugh Crenshaw and Charles Pell. The company was founded in 2007 and develops new surgical tools designed to decrease tissue damage. The company is currently developing a dissector that differentiates between tissue types for laparoscopic, thoracic, endoscopic, plastic and general surgery. Companies relying on a...