Renegades shut down operations (Times-Dispatch)
After failing to find enough money to remain financially viable, the Richmond Renegades announced last night that they’re going out of business effective immediately.
Virginia to receive $111 million in latest round of stimulus funds (Times-Dispatch)
Virginia will receive $60 million for energy-efficiency improvements and $51 million to aid public housing under the latest releases of federal stimulus funds.
A Downturn Wraps a City in Hesitance (NY Times)
Portland, a metropolitan area of 2.2 million people, affords an ideal window onto the spiral of fear and diminished expectations assailing the economy. The area has long attracted investment and talented minds with its curbs on urban sprawl, thriving culinary scene and life in proximity to the Pacific Coast and the snow-capped peaks of the Cascades. But in recent months, Portland has devolved into a symbol of much that is wrong.
Should you lower your price? (Entrepreneur)
You’ll pay the price if you swing the wrong way when navigating the price point waters.
The Weekly Wind-down video: A flying car — FINALLY
It still looks like a plane, but can sorta drive around.