Business Notes: Politics and Prose Not Pursuing Bethesda Store

Plus: Insurance hulk opens new Bethesda bureau to concentration on Asian-American community; Rockville bioscience organisation lands remunerative agreement to rise HIV vaccine

Politics  Prose in Upper Northwest D.C.

Politics Prose in Upper Northwest D.C.

Via Wikimedia Commons

Politics and Prose not formulation on a Bethesda store   

After Bethesda’s Barnes Noble announced it would be shutting during a finish of this year, many business and residents lamented that a downtown area was losing a usually remaining bookstore. Though it’s misleading if another bookseller will come to a area, it looks like Politics and Prose won’t be a one. Bethesda proprietor Bradley Graham, who co-owns a Upper Northwest D.C. bookstore with his wife, Lissa Muscatine, pronounced they don’t now have skeleton to open a store in Montgomery County as they concentration on expanding their business in a District. Politics and Prose is approaching to open another plcae in Union Market this fall.

Graham had progressing pronounced a integrate would demeanour into a possibility of opening a store in downtown Bethesda, though recently pronounced doing so was not fascinating since of Bethesda’s vicinity to a strange store on Connecticut Avenue. The Barnes Noble will be transposed by an Anthropologie Co., a developer announced final week.

AIG opens new Bethesda financial bureau to offer Asian-American customers

International word hulk American International Group announced this week it has non-stop a 10,000-square-foot bureau in Bethesda where 70 financial professionals will yield retirement formulation and life word with a concentration on Asian-American customers. AIG’s Financial Network auxiliary will occupy a bureau during 6700A Rockledge Drive, Suite 200, in a Capital Gateway bureau park.

AIG Financial Network focuses on multicultural networks and a employees during a Bethesda bureau will be smooth in several Asian languages, according to a company.

“AIG has a prolonged story portion Asian markets, carrying started as a tiny word group in Shanghai scarcely a century ago,” Mark Peterson, AIG executive clamp president, pronounced in a statement. “We are anxious to be opening a doors in Bethesda and are committed to portion a Asian-American some-more comprehensively than ever before.”

AIG’s Bethesda bureau skeleton to offer a internal Chinese, Vietnamese, South Asian and Korean communities.

Rockville biotech organisation receives remunerative agreement for HIV vaccine development

Rockville-based Advance Bioscience Laboratories (ABL) could acquire adult to $318 million underneath a new sovereign agreement awarded by a National Institutes of Health to yield preclinical growth services for an HIV vaccine candidate, according to Washington Business Journal.

The company’s idea is to accelerate a growth of a vaccine to potentially start clinical trials. ABL has about 200 employees and is formed during 9800 Medical Center Drive in Shady Grove.

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