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Ferguson and Company |
Triangle Area Business News
GSK expands drug assistance
GlaxoSmithKline is expanding a program that provides free medicines to low-income and uninsured patients.
Yes for WakeMed nursery, not Rex
WakeMed has won state regulators' approval to expand its nursery for premature and at-risk newborns.
Swine flu shot at work unlikely
Plan on getting your swine flu shot at work? Don't count on it.
Slim Jim plant to cut 300
ConAgra Foods will lay off about 300 of its 750 employees at its Slim Jim plant in Garner as a result of the June explosion that killed three workers and severely damaged the building.
Industry up, stocks up
Investors barreled into stocks Wednesday after an upbeat report on industrial production raised hopes that the economy is strengthening.
ConAgra to layoff 300 workers
ConAgra Foods says it will lay off about 300 employees at its Slim Jim plant in Garner as a result of the explosion that severely damaged the plant in June and killed three workers.
Nortel division sale gets green light
Nortel Networks won bankruptcy court approval to sell its Enterprise Solutions division, a deal that will lead to more job cuts than initially indicated.
WakeMed wins neonatal approval; Rex rejected
WakeMed won approval from state regulators to expand its nursery for premature and at-risk newborns.
Treasury says it will wind down emergency program
The Treasury Department said Wednesday it will begin winding down one of the emergency programs created at the height of the financial crisis to give the government more time before it hits the national debt limit.
GSK says flu vaccine approval is coming
GlaxoSmithKline issued assurances today that its swine flu shot will be approved by federal regulators "as soon as possible."
GSK expands free-drug program
GlaxoSmithKline is expanding its program that provides free medicines to low income and uninsured patients.
Optimism improving among CFOs
The mood among corporate bookkeepers is improving, another sign that the economy is likely on the mend.
Industrial production better than expected in Aug.
Industrial companies boosted production more than expected in August, making more cars, clothing and other goods in the early stages of a broad economic recovery.
Brazil beef producer to be world's largest meat co
Brazilian beef producer JBS SA is set to become the world's largest meat maker with two deals announced Wednesday, one that takes struggling Texas chicken producer Pilgrim's Pride Corp. out of bankruptcy protection.
First-time jobless claims expected to rise
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce.
Unemployment in industrial world to hit new high
Unemployment in the industrialized world will hit its highest level since World War II next year, surpassing the current peak, as the global economy looks set for only a timid recovery in 2010, an international organization said in a report Wednesday.
SAS fair promotes education, volunteerism
LaToya Montague was delighted to sign up a half-dozen volunteers in a little more than hour at the SAS Education Fair.
Fed chief: It's over (I think)
Federal Reserve Chairman Ben Bernanke said Tuesday that the worst recession since the 1930s is probably over. But he cautioned that pain will persist, especially for the nearly 15 million Americans who are unemployed.
Bargain hunters find their way to Goodwill
Goodwill might never be a fashionable place to shop, but the secondhand stores are as popular as ever.
Home sales
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