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Raleigh Triangle Local and Business News

  • New guidance shows Lenovo is an increasing thorn in Samsung's side

    Samsung is feeling the pain as cheaper Chinese rivals – Lenovo among them – snatch market share.

    The Korean firm issued a weak quarterly earnings guidance Tuesday that makes it very likely it will be reporting the worst results in two years. Specifically, the smartphone maker anticipates a profit of about $7.1 billion for the three months ending in June, a decline of 24 percent from a year ago.

    And that has analysts saying Samsung may need to slash prices.

    Recent predictions from research…

  • Insurance group to close Morrisville call center, lay off 107 people

    A Morrisville call center office for global insuance company QBE North America will be shutting down by next March, per a WARN notification sent to the state Department of Commerce this week.

    The move will eliminate about 107 jobs in Morrisville, according to the WARN notice. Most of the jobs are related to positions in customer care, loss draft representatives and their supervisors.

    QBE’s corporate legal counsel Bruce Larson in his letter to the state did not specify why the Morrisville office…

  • For-profit hospitals learning what nonprofit hospitals already know

    For-profit hospitals seem to be entering a game that nonprofit hospitals in the Triangle have already long been playing: Urgent Care.

    Health care experts nearly unanimously agree that one of the big drivers of health care costs in the United States has been from emergency room visits for non-emergent reasons. People get bumps, bruises or minor cuts and go to the emergency room, which is really meant for major incidents. Because these ERs have such expensive equipment – useful for major injuries,…

  • New Antivirus Recommendations – 2014

    We are actually big fans of Avast and MalwareBytes – but we sure might be giving the Avira product a test drive again! Best Free PC Antivirus Software 2014 – Tom’s Guide Tue, 17 Jun 2014 20:15:37 GMT The Fuse JoplinBest Free PC Antivirus Software 2014Tom’s GuideFor Windows PC users, a good antivirus program […]

  • CEO: Changes are coming at the merged VantageSouth-Yadkin

    VantageSouth is officially no more.

    The Raleigh company has combined with Elkin-based Yadkin Financial to form the largest community bank in North Carolina.

    But you wouldn’t know it driving down Creedmoor on Monday in Raleigh.

    The sign still stands.

    And, if you were to make a deposit, you’d fill out the same slip.

    “It doesn’t look like anything has changed,” acknowledges Scott Custer, the VantageSouth CEO who now helms the combined company. But change is coming.

    Custer says the branding…