S-A-T-I-R-E Agee’s Bicycle Jingle Added To Local Man’s iPod Playlist (Tobacco Avenue)
Agee’s, a nearly 100-year-old Richmond institution with three locations in the greater metropolitan area, has run television and radio spots with the same jingle since 1987.
CarMax 4Q profit rises on lower expenses (AP)
CarMax Inc. said Thursday its fourth-quarter profit jumped 72 percent as lower expenses and a profit in its financing arm offset the impact of falling sales.CarMax said it couldn’t offer a financial forecast for this fiscal year, citing unprecedented declines in traffic and sales and volatility in the credit market. But it cautioned that if trends do not improve, it anticipates a double-digit decline this year in used car sales at stores open at least a year.
VDOT bonuses, salary increases assailed, defended (Times-Dispatch)
The Virginia Department of Transportation last year paid more than $200,000 in one-time bonuses and more than $300,000 in salary increases to retain some of its top employees.
UVa may issue millions in bonds (Daily Progress)
Among the construction projects are a $14 million renovation of Garrett Hall, an $80.2 million bed expansion of UVa’s hospital, a new $76.3 million information technology engineering building and construction of an $88.9 million College of Arts & Sciences research building.
Should You Feel Guilty About Having a Job? (Slate)
The recession takes a serious toll on the employed, too.
Baseball and Bailouts (Portfolio)
Very applicable to the proposal for a Shockoe Bottom stadium: The Yankees built their $2 billion stadium—with state and federal help, naturally. It now stands as a relic of an era long gone.
Small business lending drops 57% (Fortune)
While the SBA’s loan volume fell sharply last quarter, recent data suggest stimulus measures are starting to take effect. Look for a local angle on this story Monday.
10 Must-Click Websites (Entrepreneur)
Surfing the web for top-notch research and advice to help your business grow? Save some time with these information-rich websites.