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Raleigh Triangle Local and Business News

  • ​Yoga in the workplace may be a twisted ideal

    Mid-morning meditation and stretching sounds like the supreme stress-reliever — but all the recent hype about bringing yoga to the corporate environment overshadows the challenges of such a venture.

    Take, for example, N.C. Mobile Yoga Instructor Teresa Ferlotti, who teaches in the Triangle and found that garnering employee enthusiasm toward yoga has been somewhat of a downward-facing dog. In many office spaces there are space constraints such as conference rooms that limit the amount of people…

  • Downtown Raleigh to get a coffee and beer bar

    Two Raleigh businessmen want you to start your morning with a coffee and end the day with a beer at their new coffee and beer bar, Brew.

    In a 1,150-square-foot space beside Peace College on Seaboard Ave., A.J. Viola and Mike Sholar expects to open the bar by August. “The idea was, we want to highlight what’s already great about this year,” says Viola. “We’re featuring multiple local roasters and craft brewers.”

    Brew will have coffee from Raleigh Coffee Company throughout the year but…

  • RTP loses German research center to St. Louis

    Competition for agriculture research jobs heats up after it was announced Monday that German seed company KWS has chosen St. Louis over Research Triangle Park for its new North American research base.

    KWS Saat AG is planning to open its first North American research center near the Donald Danforth Plant Science Center campus in Missouri before the end of the year. It will initially create 75 jobs.

    But according to reports from St. Louis, the company’s second-choice location was Research Triangle…

  • Raleigh's Dara Bio shuffles up C-suite

    One day following news that sent it’s share price up nearly 15 percent, Dara BioSciences shuffled up the executive suites by hiring a new CEO and bumping the former CEO to executive chairman.

    The new chief executive, Christopher G. Clement, 59, was the former chief operating officer and he takes over the new position immediately. The former CEO, Dr. David Drutz, 76, also worked as the chief medical officer and will keep that title in addition to his new role as executive chairman.

    On Monday,…

  • StrikeIron is acquired by Informatica, execs mum on details

    Details are scarce, but StrikeIron, a Cary-based data-as-a-service firm, has been acquired by data integration company Informatica.

    StrikeIron, helmed by CEO Sean O’Leary and founded in 2003 by entrepreneurs Richard Holcomb, Bob Brauer and Robert Dale, counts the likes if IBM (NYSE: IBM) and Qualcomm on its customer list.

    The firm provides the kind of technology that allows pizza delivery firms to remember your address when you place an online order and Time Warner Cable to send you a message when…