NewsFeeds 3.12.09

Va. unemployment rate accelerates, hits 17-year high (Times-Dispatch)
Virginia’s jobless rate in January rose to its highest level in nearly 17 years as an increasing number of the state’s employers laid off workers as the recession worsened.

Sun sets on wild west of lending (Inside Business)
(Free once you register) Despite the negative public response about the effectiveness of government capital infusions through the Treasury’s TARP program and the idea from many in lending that the media has perpetuated the belief that banks aren’t lending, figures show that banks by and large have continued to lend, even as the recession has tightened its grip on the GDP machine.

Outdoors retailer will close store in Roanoke (Roanoke Times)
An outdoors retailer is taking a hike less than two years after bringing a megastore to Roanoke. Utah-based Sportsman’s Warehouse said Tuesday that it will shutter 23 stores nationwide, including its Roanoke location on Ferncliff Avenue.

As Cities Go From Two Papers to One, Talk of Zero (NY Times)
No one knows which will be the first big city without a large paper, but there are candidates all across the country. The Hearst Corporation, which owns The Post-Intelligencer, has also threatened to close The San Francisco Chronicle, which lost more than $1 million a week last year, unless it can wring significant savings from the operation.

Local Economies Seek Own Revival (WSJ)
ities, counties and states across the nation are launching home-grown economic-stimulus plans aimed at spurring local spending and keeping small businesses afloat during the recession.

10 Steps to Effective Copywriting (Entrepreneur)
Don’t waste your ad dollars with an over-the-top sales pitch. Well-written copy follows these simple guidelines.

Va. unemployment rate accelerates, hits 17-year high (Times-Dispatch)
Virginia’s jobless rate in January rose to its highest level in nearly 17 years as an increasing number of the state’s employers laid off workers as the recession worsened.

Sun sets on wild west of lending (Inside Business)
(Free once you register) Despite the negative public response about the effectiveness of government capital infusions through the Treasury’s TARP program and the idea from many in lending that the media has perpetuated the belief that banks aren’t lending, figures show that banks by and large have continued to lend, even as the recession has tightened its grip on the GDP machine.

Outdoors retailer will close store in Roanoke (Roanoke Times)
An outdoors retailer is taking a hike less than two years after bringing a megastore to Roanoke. Utah-based Sportsman’s Warehouse said Tuesday that it will shutter 23 stores nationwide, including its Roanoke location on Ferncliff Avenue.

As Cities Go From Two Papers to One, Talk of Zero (NY Times)
No one knows which will be the first big city without a large paper, but there are candidates all across the country. The Hearst Corporation, which owns The Post-Intelligencer, has also threatened to close The San Francisco Chronicle, which lost more than $1 million a week last year, unless it can wring significant savings from the operation.

Local Economies Seek Own Revival (WSJ)
ities, counties and states across the nation are launching home-grown economic-stimulus plans aimed at spurring local spending and keeping small businesses afloat during the recession.

10 Steps to Effective Copywriting (Entrepreneur)
Don’t waste your ad dollars with an over-the-top sales pitch. Well-written copy follows these simple guidelines.

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