NewsFeeds 3.25.09

Four Asian shipping lines to offer transit service to port (Virginian-Pilot)
A consortium of four major Asian shipping lines is making Hampton Roads its first U.S. stop in a new service that provides 22-day transit between China and Virginia, port officials announced Tuesday.

Luna and Calif. company battle in court (Roanoke Times)
Roanoke-based Luna Innovations Inc. went to trial Monday to fight charges that it stole technological breakthroughs from a California-based company.The litigation has already had an impact on Luna’s expenses. For the year ended Dec. 31, 2008, Luna saw its legal fees increase $1.1 million, or 85 percent, to a total of $2.4 million

Leaving PCs on overnight costs companies $2.8B a year (USA Today)
U.S. organizations squander $2.8 billion a year to power unused machines, emitting about 20 million tons of carbon dioxide — roughly the equivalent of 4 million cars — according to a report to be released Wednesday.

I Want To Buy Troubled Assets (Slate)
Why can’t individual investors get the sweetheart deal Geithner’s plan is offering to hedge funds?

America’s Most Promising Startups (Business Week)
The goal is to showcase promising companies before they become household names.

Four Asian shipping lines to offer transit service to port (Virginian-Pilot)
A consortium of four major Asian shipping lines is making Hampton Roads its first U.S. stop in a new service that provides 22-day transit between China and Virginia, port officials announced Tuesday.

Luna and Calif. company battle in court (Roanoke Times)
Roanoke-based Luna Innovations Inc. went to trial Monday to fight charges that it stole technological breakthroughs from a California-based company.The litigation has already had an impact on Luna’s expenses. For the year ended Dec. 31, 2008, Luna saw its legal fees increase $1.1 million, or 85 percent, to a total of $2.4 million

Leaving PCs on overnight costs companies $2.8B a year (USA Today)
U.S. organizations squander $2.8 billion a year to power unused machines, emitting about 20 million tons of carbon dioxide — roughly the equivalent of 4 million cars — according to a report to be released Wednesday.

I Want To Buy Troubled Assets (Slate)
Why can’t individual investors get the sweetheart deal Geithner’s plan is offering to hedge funds?

America’s Most Promising Startups (Business Week)
The goal is to showcase promising companies before they become household names.

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