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Deutsche Bank to hold grand opening for new Cary office next week

Gov. Beverly Perdue is among the salons who are expected to be in attendance when Deutsche Bank holds a ribbon-cutting for its new technology development center in Cary next Monday.

The company has leased 35,000 square feet in Highwoods Properties CentreGreen Office Park.

The company is establishing a new subsidiary, Deutsche Bank Global Technology, that will develop and test software that can be used by the bank at its sites around the world.

Deutsche Bank announced in August that it expects to create 319 jobs in Wake County over the next five years. The German bank will receive a state grant worth up to $9.4 million if it meets those hiring milestones.

The new jobs at DB Global Technology will pay average annual wages of $88,213, or more than double the Wake County average of $43,160.

Perdue on education cuts - and cutthroat moves?

Education talk is the subject of the (probable) last installment of soundbites from the editorial board meeting with Gov. Beverly Perdue this month. Perdue lamented coming cuts in the state's education budget and talked of one program she will never cut: early college credits for high school students. She also talked of her decision to shift the power in the state's education hierarchy from the elected superintendent of public instruction (June Atkinson) to her appointed CEO and board chairman (Bill Harrison).

Education chief
Education cuts

Pare now, pay later ... Part II

The state budget deficit is causing lawmakers and the governor to look
at some pretty painful possibilities in terms of cuts. Here's a letter
from some supporters of the Wright School, a residential mental health treatment facility for North Carolina children ages six to 12, which was mentioned in a Feb. 3 article detailing programs that might have to go.

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