IBM’s $34 billion acquisition of Red Hat, the third-biggest tech deal in U.S. history, caps an incredible run for the Raleigh-based company that Bob Young and Matt Ewing started in 1993-94.
Rachel Weeks, 27, did something radical last year. The CEO of Durham-based School House Inc., which makes high-end college apparel, moved manufacturing from Sri Lanka to North Carolina — [...]
Raleigh-based Progress Energy Inc., which plans to eliminate 700-1,000 jobs after its proposed merger with Charlotte-based Duke Energy Corp., agreed to sublease 380,000 square feet at Two [...]