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Zoom loses its boom: Stock plunges on weak quarter, financial outlook

By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 10% Tuesday...

International venture capital firm expands to Triangle, hires former IDEA Fund Partners VC

RESEARCH TRIANGLE PARK – Startups and emerging companies in North Carolina have more access to venture capital with the expansion of international firm SixThirty...

High-tech job openings in NC plunge in July to lowest number in a year

RALEIGH – Tech hiring in July plunged across North Carolina in July with the number of advertised openings falling to the lowest total since...

Economist: NC labor market ‘shows no signs of slowing down’

RALEIGH – North Carolina’s unemployment rate remains low at 3.4% despite growing concerns about a possible recession and some layoffs being reported across the...

Wolfspeed Q&A: Why CEO says NC ‘absolutely’ on short list for expansion sites

DURHAM – Wolfspeed is actively seeking locations for expansion sites, both for materials manufacturing plants and also for potential semiconductor wafer fabrication facilities, the company...

Wolfspeed could build new $1B+ semiconductor facility in NC, CEO says

DURHAM – Wolfspeed could make an economic development announcement by the end of the year, Gregg Lowe, the CEO of the Durham-headquartered silicon carbide semiconductor...

More layoffs: Wayfair is cutting 5% of its global workforce

By Jordan Valinsky, CNN Business Wayfair is cutting nearly 900 jobs, or about 5% of the once-hot online retailer’s global workforce, as it looks to regain...

Why is ESG (Environmental, Social, and Governance) investing becoming such a controversial topic?

Note: Increasingly, Wall Street has been advocating for investment strategies based on environmental, social and governance factors, arguing these generate “more stable and higher...

Street’s bulls embrace Wolfspeed (shares surge 32%), Cisco (nice bump)

Stocks that traded heavily or had substantial price changes Thursday included two tech firms with strong Triangle connections – Wolfspeed and Cisco. Wolfspeed Inc., up...

Greene County transit company H&T Trucking to add 70 employees over 5 years

GREENE COUNTY – H&T Trucking, Inc, a trucking and logistics company is expanding in Greene County, investing $450,000 in capital with plans to hire...

Pendo sets lineup for its ‘Pendomonium’ event – in Raleigh & virtually

Editor’s note: LimeLight is a regular feature from WRAL TechWire offering another means of publishing noteworthy news. Be sure to check out more LimeLight worthy news at...

Wolfspeed is considering expansion sites, CEO says on earnings call

DURHAM – Wolfspeed is considering expansion, Gregg Lowe, CEO of the Durham-headquartered Wolfspeed announced during a conference call on Wednesday afternoon.  But details on...

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