Virginia Tech amps up alternative energy research (Roanoke Times)
Heat a hospital with grass? Erect a wind turbine near downtown Blacksburg? Experts at Virginia Tech are working on these and other projects in an amped-up bid to advance energy technology, a college official said Thursday.
After the Bank Failure Comes the Debt Collector (NY Times)
Loath to throw homeowners out on the street, the F.D.I.C. has made it a national policy to try to avoid foreclosures on the single-family mortgages it inherits from failed banks, even if payments are past due. But there are no such rules to protect struggling small businesses, whose loans are more typically sold at the F.D.I.C. auctions.
Mall owner fell victim to risky moves, bad times (USA Today)
The stunning announcement — the largest real estate bankruptcy filing in the nation’s history — was due in part to General Growth’s strategy of taking on debt to acquire other companies. The Chicago-based firm said in its Chapter 11 filing it had assets of $29.6 billion and debts of $27.3 billion. Its high-profile properties include New York’s South Street Seaport and Boston’s Faneuil Hall Marketplace.
When fast food gets in the fast lane (LA Times)
Dan Neil is one of the best writers on the planet. The spot features the former Mrs. Salman Rushdie sitting on a brownstone stoop in a clingy sundress hiked up mid-thigh, cramming the giant burger into her educated maw and sucking barbecue sauce from her fingers and wrists. Let’s not mince onions here: This is sex with a burger.
How to Make Acquisitions in a Down Economy (Business Week)
Potential deals are abundant because of the recession, but buyers must be careful to avoid the many possible pitfalls.
The Weekly Wind-down: Boss Gets Into Groove After 3rd Round Of Layoffs (The Onion)
This week’s Wind-Down isn’t a video, but it’s still amusing: After two earlier rounds of clumsy, uncoordinated layoffs, Wiley Advertising manager Hank Strauss finally hit his pink-slip-issuing stride Friday with the “effortless” dismissal of one quarter of his remaining workforce.