Without buyer, S&K may liquidate (Times-Dispatch)
S&K Famous Brands Inc. could be liquidated if a buyer to keep it operating is not found in the next six days. The Henrico County-based menswear retailer filed a motion late Friday evening asking a bankruptcy judge for permission to sell itself to Hilco Merchant Resources Inc.
After fees, company promises much but delivers little (Virginian-Pilot)
The Norfolk commonwealth’s attorney’s office is looking into “several dozen” consumer complaints about Virginia Personnel Inc. and Virginia Employment Services Inc., the new name of the company at
In 2005, city prosecutors went after another company run by the same people – Karla O’Leary and James O’Leary – and that business then closed. A business owned by the O’Learys in Ohio has been banned from operating in that state. James O’Leary, president of Virginia Employment Services, faxed a written response to questions. He called VES a “membership organization” for job seekers with a one-time membership fee of $365.
Ex-Hospital CEO Battles Reform Effort (Washington Post)
Editor’s Pick: Rick Scott, a multimillionaire investor and controversial former hospital chief executive, has become an unlikely and prominent leader of the opposition to health-care reform plans that Congress is expected to take up later this year. He is using $5 million of his own money and up to $15 million more from supporters to try to build resistance to any government-run program. The effort has alarmed many Democrats and liberal health-care advocates, who are pushing back with attacks highlighting Scott’s ouster as head of the Columbia/HCA health-care company amid a fraud investigation in the 1990s. The firm eventually pleaded guilty to charges that it overbilled state and federal health plans, paying a record $1.7 billion in fines.
More companies freeze pensions (USA Today)
At least 16 companies have announced plans to freeze their pensions so far this year, vs. 18 for all of 2008. Last week, Wells Fargo told its employees that their pension plans will stop accruing benefits July \
Making Millions, 2 Bucks at a Time (Entrepreneur)
After just nine months, Apple announced recently that its iPhone app store had topped a billion downloads. The apps run the gamut from brilliantly utilitarian to blatantly absurd. But they all have one thing in common: Anyone with the right combination of tech savvy and business sense can make a killing creating them. Meet five entrepreneurs who are already on their way.
5 Moms Who Built Great Companies (Inc.)
A neat slideshow of moms that are also entrepreneurs. One of them is featured heavily in national ad campaigns for its products.
Without buyer, S&K may liquidate (Times-Dispatch)
S&K Famous Brands Inc. could be liquidated if a buyer to keep it operating is not found in the next six days. The Henrico County-based menswear retailer filed a motion late Friday evening asking a bankruptcy judge for permission to sell itself to Hilco Merchant Resources Inc.
After fees, company promises much but delivers little (Virginian-Pilot)
The Norfolk commonwealth’s attorney’s office is looking into “several dozen” consumer complaints about Virginia Personnel Inc. and Virginia Employment Services Inc., the new name of the company at
In 2005, city prosecutors went after another company run by the same people – Karla O’Leary and James O’Leary – and that business then closed. A business owned by the O’Learys in Ohio has been banned from operating in that state. James O’Leary, president of Virginia Employment Services, faxed a written response to questions. He called VES a “membership organization” for job seekers with a one-time membership fee of $365.
Ex-Hospital CEO Battles Reform Effort (Washington Post)
Editor’s Pick: Rick Scott, a multimillionaire investor and controversial former hospital chief executive, has become an unlikely and prominent leader of the opposition to health-care reform plans that Congress is expected to take up later this year. He is using $5 million of his own money and up to $15 million more from supporters to try to build resistance to any government-run program. The effort has alarmed many Democrats and liberal health-care advocates, who are pushing back with attacks highlighting Scott’s ouster as head of the Columbia/HCA health-care company amid a fraud investigation in the 1990s. The firm eventually pleaded guilty to charges that it overbilled state and federal health plans, paying a record $1.7 billion in fines.
More companies freeze pensions (USA Today)
At least 16 companies have announced plans to freeze their pensions so far this year, vs. 18 for all of 2008. Last week, Wells Fargo told its employees that their pension plans will stop accruing benefits July \
Making Millions, 2 Bucks at a Time (Entrepreneur)
After just nine months, Apple announced recently that its iPhone app store had topped a billion downloads. The apps run the gamut from brilliantly utilitarian to blatantly absurd. But they all have one thing in common: Anyone with the right combination of tech savvy and business sense can make a killing creating them. Meet five entrepreneurs who are already on their way.
5 Moms Who Built Great Companies (Inc.)
A neat slideshow of moms that are also entrepreneurs. One of them is featured heavily in national ad campaigns for its products.