NewsFeeds 8.5.09

Port of Richmond chooses new terminal operator (Times-Dispatch)
Port officials announced yesterday that they are negotiating with Port Contractors Inc. of New Castle, Del., for a one-year contract as terminal operator, replacing the previous operator, which decided not to renew its contract.

Fight over legal notice ads spills into the courts (Virginia Lawyers Weekly)
The effort by The Wall Street Journal to pursue legal notice advertising in Virginia has generated some extraordinary rulings and caused an apparent conflict among circuit courts.  Media General and the Virginian-Pilot don’t want it to encroach on their turf and have argued that it ought not have the right to sell legal notices.

Bank Balances Shift With Rule Changes (Washington Post)
A controversial change in accounting rules earlier this year has allowed banks to claim billions of dollars in additional earnings simply by tweaking their bookkeeping, greatly enhancing the appearance that the industry is returning to health. But accounting rulemakers are considering further changes that could drain the blood right back out of the industry, potentially forcing banks to acknowledge paper losses even larger than the new windfall of paper gains.

Cash-for-clunkers leaves car lots looking markedly empty (USA Today)
Some auto dealers are running short of new cars even as the Senate is poised to join the House in adding $2 billion to the government’s cash-for-clunkers program, which could sell another 500,000 vehicles.

Advertising’s revenge of the nerds (Fortune)
Slogan-spewing creative directors once ruled Madison Avenue, but the ability to track which ads actually swayed consumers may give the number crunchers the upper hand.

Business & Golf, a survival guide (BNET)
The recession has changed the economics of the game and made less expensive courses suddenly a lot more attractive. But it hasn’t changed the game’s highest-pressure business challenge: You, your boss and 18 chances to be a hero or a jerk. (Includes a neat Q&A with Nick faldo).

Port of Richmond chooses new terminal operator (Times-Dispatch)
Port officials announced yesterday that they are negotiating with Port Contractors Inc. of New Castle, Del., for a one-year contract as terminal operator, replacing the previous operator, which decided not to renew its contract.

Fight over legal notice ads spills into the courts (Virginia Lawyers Weekly)
The effort by The Wall Street Journal to pursue legal notice advertising in Virginia has generated some extraordinary rulings and caused an apparent conflict among circuit courts.  Media General and the Virginian-Pilot don’t want it to encroach on their turf and have argued that it ought not have the right to sell legal notices.

Bank Balances Shift With Rule Changes (Washington Post)
A controversial change in accounting rules earlier this year has allowed banks to claim billions of dollars in additional earnings simply by tweaking their bookkeeping, greatly enhancing the appearance that the industry is returning to health. But accounting rulemakers are considering further changes that could drain the blood right back out of the industry, potentially forcing banks to acknowledge paper losses even larger than the new windfall of paper gains.

Cash-for-clunkers leaves car lots looking markedly empty (USA Today)
Some auto dealers are running short of new cars even as the Senate is poised to join the House in adding $2 billion to the government’s cash-for-clunkers program, which could sell another 500,000 vehicles.

Advertising’s revenge of the nerds (Fortune)
Slogan-spewing creative directors once ruled Madison Avenue, but the ability to track which ads actually swayed consumers may give the number crunchers the upper hand.

Business & Golf, a survival guide (BNET)
The recession has changed the economics of the game and made less expensive courses suddenly a lot more attractive. But it hasn’t changed the game’s highest-pressure business challenge: You, your boss and 18 chances to be a hero or a jerk. (Includes a neat Q&A with Nick faldo).

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