Ad Man Packs Star Power for UPS (WSJ)
Great story in the Journal about the Martin Agency’s guy from the UPS ads. Andy Azula is an advertising executive, not an actor, but his acting is what gets him recognized by strangers these days. He is the guy with the long, flowing hair who scribbles on a whiteboard in a series of popular TV commercials for United Parcel Service. Now, Mr. Azula, creative director at the Martin Agency in Richmond, Va., has reached another rung on the ladder of cultural relevance: He is the butt of a parody of those ads by UPS’s fiercest rival, FedEx.
Three local GM dealerships to close (Times-Dispatch)
Whitlow Chevrolet and Dominion Auto Group’s Southpark Chevrolet and Cadillac franchises are closing as part of General Motors Corp.’s streamlining of its dealer base. Dominion bought Whitlow’s inventory of 141 new cars and trucks and moved the vehicles off the lot early Sunday morning.
Rough time for tourism in Williamsburg (Virginia Gazette)
Certain hotels may be in jeopardy. “I know that some of the owners when they went to the banks in November to ask for money to get through the winter were told, ‘Don’t come back next year,’” Garrison said. “Without access to credit, I expect we might see some changes in ownership.” Or closings.
Blacksburg firm gets $10 million infusion (Roanoke Times)
Intrexon Corp., a Blacksburg pharmaceutical company, said Tuesday it has received $10 million in added funding to continue work on new cancer therapies.
Foreclosure Backlog Imperils Recovery (Washington Post)
The backlog of seriously delinquent mortgages, which so far affects about 1 million borrowers, is a shadow over hopes for a rebound in the nation’s housing markets. It masks the full extent of the foreclosure crisis and threatens to depress prices even further just as some parts of the country are hinting at recovery. For lenders, it could portend even more financial losses tied to the mortgage meltdown.
Analytics 101: Valuable insights from cheap tools (Fortune)
Savvy entrepreneurs are turning to inexpensive data-mining software to refine their Web sites and boost profits.