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BusinessPPD CEO resigns after three months on job; Walks away with $3 million golden parachuteSubmitted by WWAY on Tue, 12/13/2011 - 4:29pm.READ MORE:
Raymond Hill resigned effective yesterday. He came to the wilmington-based pharmaceutical research firm in september.
Full story... » Lowe's stands by decision to pull adsSubmitted by WWAY on Mon, 12/12/2011 - 5:33pm.READ MORE:
Lowe's is planning to stick by its decision to yank its ads from a reality TV show about American Muslims despite the growing opposition the home improvement chain is facing over the move.
Full story... » PPD sale finalizedSubmitted by WWAY on Mon, 12/05/2011 - 2:56pm.READ MORE:
It's official. PPD has new owners. Pharmaceutical Product Development, Inc. today announced the completion of its acquisition by affiliates of The Carlyle Group and affiliates of Hellman & Friedman. The all-cash deal is worth about $3.9 billion.
Full story... » PPD shareholders approve saleSubmitted by WWAY on Wed, 11/30/2011 - 3:20pm.READ MORE:
PPD shareholders have approved the Wilmington-based company's sale to The Carlyle Group and affiliates of Hellman & Friedman. The vote came at a special meeting of shareholders today.
Full story... » NC approves deal to bring Chiquita from OhioSubmitted by WWAY on Tue, 11/29/2011 - 1:08pm.READ MORE:
A North Carolina economic development panel has approved a $22 million incentives deal to bring the global headquarters of banana giant Chiquita Brands International from Cincinnati to Charlotte.
Full story... » Six-month moratorium approved for Wilmington's sign ordinanceSubmitted by Cacky Catlett on Tue, 11/15/2011 - 11:28pm.READ MORE:
Among some big issues on tonight's Wilmington City Council agenda was the city's sign ordinance for businesses.
Full story... » Leland leaders look at changing town's sign rulesSubmitted by Asha Dave on Fri, 11/11/2011 - 5:27pm.READ MORE:Wilmington company turning yard trash into treasureSubmitted by Tim Buckley on Fri, 11/11/2011 - 3:27pm.READ MORE:New Hanover Commission tables shopping center purchaseSubmitted by Cacky Catlett on Mon, 11/07/2011 - 10:56pm.READ MORE:
Commissioners voted 3-2 to table a vote on purchasing the property that houses Break Time and Ten Pin Alley in Wilmington. The property is a part of the same shopping center as the county's government complex.
Full story... » ONLY ON 3: Local leaders look to state to expand rail serviceSubmitted by Asha Dave on Sat, 11/05/2011 - 12:55am.READ MORE:Biotechnology company to create 52 jobs in Brunswick CountySubmitted by WWAY on Thu, 11/03/2011 - 4:00pm.READ MORE:
CMS Food Solutions, Inc., owner of an innovative proprietary food safety technology, will open a manufacturing facility in Leland according to the governor's office. The project is expected to create 52 jobs and the company expects to invest $4.4 million in the plant.
Full story... » Wilmington sign ordinance a citywide issueSubmitted by Ramon Herrera on Wed, 11/02/2011 - 4:30pm.READ MORE:PPD sale clears first hurdleSubmitted by WWAY on Wed, 11/02/2011 - 9:23am.READ MORE:
PPD is a step closer to new ownership after a 30-day "go-shop" period ended last night. The period was a chance for PPD to see if it could find a better offer than the merger agreement it made on October 2 with The Carlyle Group and Hellman & Friedman LLC, according to a PPD news release.
Full story... » Treasury Secretary visits Corning; pushes American Jobs ActSubmitted by Marcy Cuevas on Tue, 10/25/2011 - 9:21pm.READ MORE:Study: NC business has more friends at LegislatureSubmitted by WWAY on Thu, 10/20/2011 - 12:33pm.READ MORE:
A nonpartisan group focused upon improving North Carolina's business climate says the General Assembly became more business friendly this year as the Republicans took control and pushed through several changes.
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