DURHAM -- Wachovia, A Wells Fargo company, is sponsoring the 2009 North Carolina conference, "Pathways to Prosperity: Financial Stability for all in Changing Times," continuing through today at the Sheraton Imperial Durham hotel.
Wachovia will introduce Wells Fargo's "Hands on Banking," a financial education program that is geared for various age groups, including adults, young adults, teenagers and children.
The program offers basic money tools and resources on a variety of topics. For example, adults can get advice on buying a home or starting a small business, and teens can discover tips on budgeting and saving. The educational tool is accessible to customers via the internet, computer software or instructors teaching in a classroom setting.
Commissioners OK incentives
DURHAM -- Durham County commissioners this week unanimously approved a $1.2 million incentives package to lure EMC Corp. to build a $280 million research and data center and create about 280 new jobs.
The data-storage company, which has a branch in Research Triangle Park, says the average salary for the jobs would be about $70,000.
The city also is considering an incentives package.
Hamner officials trek to China
RESEARCH TRIANGLE PARK -- The Hamner Institutes for Health Sciences has launch a Twitter page -- www.twitter.com/thehamner -- in conjunction with today's North Carolina business development delegation trip to Asia.
Hamner officials are part of the delegation, led by Gov. Beverly Perdue and state Secretary of Commerce Keith Crisco that runs through Oct. 27.
The delegation will meet with trading partners and recruitment prospects in China and Japan, North Carolina's second- and fourth-largest trading partners.
The Hamner, which announced the launch of its partnership with China Medical City for the Hamner-China Medical City Institute for International Drug Development in May, will jointly hold life-science business seminars in Beijing and Shanghai with the state Department of Commerce.
Bloomberg to buy BusinessWeek
NEW YORK -- Bloomberg LP is buying BusinessWeek magazine in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling to adapt to the Internet's information whirlwind.
Terms were not disclosed.
The sale announced Tuesday is expected to close by the end of the year. It would end BusinessWeek's 80-year run as part of McGraw-Hill Cos., which also owns the Standard & Poor's credit rating agency.
McGraw-Hill put BusinessWeek on the auction block in July, apparently fed up with the losses that have been mounting at the magazine as its advertising revenue plunged.
-- From staff, wire reports
