A toast for the town: ABC store celebrates 75 years (Roanoke Times)
The ABC store in Clifton Forge is the only one in Virginia to be in the same spot since its founding in 1934 after Prohibition.
Liebherr lays off 49 workers in NN production plant (Daily Press)
NEWPORT NEWS — Liebherr Mining Equipment Co. will lay off 44 full-time and five contract employees in its Newport News manufacturing plant on Friday due to an extended downturn in orders, the company said.
In Texas, There’s No Business Like ‘Going Out of Business’ (WSJ)
When Cyrus Hassankola moved to Dallas a couple of years ago, after successfully going out of business in several locales, he decided to settle down and go out of business permanently. “The response was good from day one,” the carpet salesman says. Customers rooting through the stacks of oriental rugs in the store he opened on a busy road in North Dallas would sometimes say how sorry they were that he was going out of business. “We’re not,” Mr. Hassankola told them. “It’s just the name of the store.”
Hospitals Preparing Triage for Budgets (Washington Post)
Washington-area hospitals, already battered by the recession, are bracing for what could be a budget crisis in coming months resulting from funding cutbacks by Virginia and Maryland. Hospitals throughout the region are experiencing soaring demand from uninsured patients who cannot pay for their care and plummeting revenue from reductions in investment income, charitable giving and elective surgery.
As Bankruptcies Surge, Fewer Emerge (BusinessWeek)
As the effects of the recession continue, the high number of business bankruptcies—7,514 in May, up 40% from the prior year—shows few signs of abating. That’s because the factors pushing companies into bankruptcy, including depressed sales and tighter credit, may linger even when the economy starts growing again, especially if the recovery is less than robust.
How to Choose the Right Collaboration Software (Inc.)
Although e-mail remains the primary method of office communication, businesses are increasingly turning to programs designed specifically for office collaboratio