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Triangle Business Journal
Waddell resigns as GM of Carolina Hurricanes
The Carolina Hurricanes are making a change at the top following another second round exit from the Stanley Cup Playoffs. <\p> General Manager Don Waddell, who's led the organization since 2014, has resigned, Canes owner Tom Dundon announced Friday.<\p>
Nonprofit leader in Raleigh charged with embezzlement
Court filings show a well-known community organizer in Raleigh is accused of embezzlement.<\p> Knightdale resident Kia Baker is accused of embezzling a total of just under $100,000 belonging to the Resiliency Collaborative, a mental health nonprofit in Raleigh where she served as co-executive director, according to an arrest warrant issued earlier in May.<\p>
Durham public company raises $10M to accelerate sales
A medical technology company in Durham is issuing shares to bring in additional capital. <\p> Polarean Imagining has raised $10 million as it ramps up commercialization of its drug device combination product, Xenoview, which the U.S. Food and Drug Administration approved in late 2022. <\p>
Durham's Structure House works to stem America's obesity problem
To celebrate her 76th birthday on May 24, Marcy Lambert is performing a tap dance at a community center in Pompano Beach, Florida. It’s a feat made even more impressive by the fact that the petite, 5-foot-5 former attorney went from weighing 259.5 pounds some 25 years ago to her goal weight of 105 pounds.<\p> She lost the weight and adopted a healthier lifestyle because of the time she’s spent at Structure House, a residential weight-loss program that has been in Durham since 1977. Lambert, who come August will have maintained her ideal 105-pound weight for 20 years, is a frequent participant at Structure House, which she describes as “a place of comfort and safety” that has become essentially a vacation destination she visits almost annually. <\p>
Why a Triangle county just spent $1 million on vacant land
The fastest-growing county in the Triangle area has made an investment to expand one of its business parks in order to attract more industry.<\p> Franklin County purchased a more than 87-acre tract between the Triangle North Executive Airport and Louisburg Road for roughly $1.2 million, according to deed records. Franklin County spokesman James Hicks said the county's Board of Commissioners approved the purchase during a meeting in early April.<\p>
Got $6 million? This 130K sq ft building north of Durham is for sale
A warehouse totaling more than 130,000 square feet in a northern North Carolina county is on the market for sale or lease.<\p> Triangle-area representatives of Toronto-based real estate company Avison Young are marketing the 131,000-square-foot warehouse at 2300 Old Durham Road in Roxboro about 40 minutes north of Durham. <\p>
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