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Latest News from Triangle Business Journal

• Wake County manager unveils $1.1B proposed budget May 21, 2012
  Wake County Manager David Cooke has unveiled a proposed annual budget worth $1.1 billion for fiscal 2013 – less than a 2 percent increase from fiscal 2012. As is typical, the vast majority of revenue — 74 percent — comes from local taxes, and the largest chunk of spending — 30 percent — goes toward education. At 21 percent of the budget, debt service makes u […]
• Martin Marietta to make appeal on May 31 May 21, 2012
  Raleigh-based Martin Marietta Materials Inc. will have to wait a little bit longer to make its case for a hostile takeover bid of Vulcan Materials Co. The Delaware Supreme Court has delayed oral arguments to May 31 from May 25 in MLM’s appeal to move forward with the $5 billion hostile takeover bid for its larger rival in the aggregates industry, Reuters rep […]
• HCL Technologies, SchoolDude adding space in Cary May 21, 2012
  Two anchor tenants in the 11000 Regency Lakeview office building in Cary, HCL Technologies and SchoolDude, have expanded their spaces in the building as plans evolve to also expand their employee counts. HCL Technologies, the India-based company that has its U.S. operations center in Cary, has signed a lease contract to add another 37,000 square feet to the […]