Westchester Commons’ opening marks transition from rural to urban (Times-Dispatch)
Westchester Commons is the retail component of the Watkins Centre development at state Route 288 and Midlothian Turnpike in Chesterfield County. In the next year, construction is expected to begin on the Village of Westchester, a 1,500-residential-unit development on an adjacent 280 acres. The first phase of the 975,000-square-foot Westchester Commons center opens this week with Target and Jo-Ann Fabric and Craft stores.
Minor sues Landmark developer (Daily Progress)
The owner of the stalled Landmark Hotel project on the Downtown Mall has sued the developer over eight allegations of fraud, breach of contract and breach of fiduciary duty.
Va. peanut farmers concerned about uncertain market (Virginian-Pilot)
n these chilly days leading up to spring planting, the farmers are planning their fields. But shellers, like Birdsong and Golden in Suffolk, have yet to issue contracts, a price-promise farmers depend upon. Add to that the salmonella scare that has swept the nation.
What Do They Know? (Washington Post)
An interesting article written by a financial advice columnist. It’s weird and disconcerting that after all that has happened there are still so many experts out there willing to dispense wisdom with utter assuredness, day after day, despite having been so spectacularly wrong in the past. Their confidence saps my own. For those of us in the advice business — and this extends beyond just investment advice to everything else in our lives that now exists in the firm grip of uncertainty — the challenge is: How do I tell people what to do when prospects are so grim and outcomes so completely unpredictable? How do I acknowledge the limits of what I know while still maintaining credibility?
In Denver, Residents Lament the Closing of a Newspaper (NY Times)
The people of Denver woke up on Saturday for the first time in a one newspaper town. After 150 years, The Rocky Mountain News — The Rocky, as it was called — was closed for good by its owner, the E. W. Scripps Company.
Sally Field Stole My Health Insurance (Slate)
boondoggles like Boniva really are part of the reason it is so hard for Americans like me to afford health insurance. Boniva’s manufacturer, Roche, spent nearly $100 million last year on the ad campaign featuring Sally Field, making it the 18th most heavily advertised drug in 2008, according to Nielsen Media Research. As a result, Boniva is one of the nation’s most frequently prescribed brand-name drugs, even though it cannot claim to be more effective than a generic medication that retails for less than half the price.
Are These Businesses Still a Good Idea? (Entrepreneur)
These 5 businesses were hot in 2006 and ’07. Now? Find out.