NewsFeeds 7.14.09

Governor to review cuts by ‘line-item’ for colleges (Daily Progress)
Gov. Timothy M. Kaine said Monday that he will review budget-reduction plans from the University of Virginia and other state institutions over the coming weeks before making a decision on how deeply colleges must cut their budgets to help the state overcome its weakening finances.

New construction abounds at CNU (Daily Press)
Hard hats will outnumber ball caps and backpacks on the Christopher Newport University campus this summer as construction crews tackle three building projects.

State of Fear (Slate)
States are being squeezed in two directions. Rapidly declining tax revenues are creating short-term cash flow crises. Meanwhile, their long-term pension obligations are rising rapidly, even as the pension funds that were supposed to cover them have been devastated by the Wall Street decline, creating enormous long-term unfunded liabilities. These two forces are creating both short-term and long-term pain for states. The magnitude of the numbers is shocking.

Turning Web Browsers Into Buyers (Inc.)
The new issue of Inc. is now online, and there are a handful of great stories. We will be linking to several over the next few days, but the site is worth a quick glance this morning, perhaps starting with this story, where you can learn some strategies to reduce shopping-cart abandonment and keep prospective customers on your site longer.
CIT Group feels cash crunch; small businesses may hurt (USA Today)
In what could be a big blow for small businesses, one of their largest lenders is fighting for survival.

The Pros and Cons of Co-Branding (BusinessWeek)
It can enhance both partners—or put a dent in one. Make sure you pick a partner that’s a good fit with your company’s products, values, and image.

Governor to review cuts by ‘line-item’ for colleges (Daily Progress)
Gov. Timothy M. Kaine said Monday that he will review budget-reduction plans from the University of Virginia and other state institutions over the coming weeks before making a decision on how deeply colleges must cut their budgets to help the state overcome its weakening finances.

New construction abounds at CNU (Daily Press)
Hard hats will outnumber ball caps and backpacks on the Christopher Newport University campus this summer as construction crews tackle three building projects.

State of Fear (Slate)
States are being squeezed in two directions. Rapidly declining tax revenues are creating short-term cash flow crises. Meanwhile, their long-term pension obligations are rising rapidly, even as the pension funds that were supposed to cover them have been devastated by the Wall Street decline, creating enormous long-term unfunded liabilities. These two forces are creating both short-term and long-term pain for states. The magnitude of the numbers is shocking.

Turning Web Browsers Into Buyers (Inc.)
The new issue of Inc. is now online, and there are a handful of great stories. We will be linking to several over the next few days, but the site is worth a quick glance this morning, perhaps starting with this story, where you can learn some strategies to reduce shopping-cart abandonment and keep prospective customers on your site longer.
CIT Group feels cash crunch; small businesses may hurt (USA Today)
In what could be a big blow for small businesses, one of their largest lenders is fighting for survival.

The Pros and Cons of Co-Branding (BusinessWeek)
It can enhance both partners—or put a dent in one. Make sure you pick a partner that’s a good fit with your company’s products, values, and image.

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