NewsFeeds 8.25.09

The Greenbrier resort takes a leap (BizSense)
An absolute must-read about a charismatic West Virginia native who bought the Greenbrier and wants to add a PGA tournament and gambling to restore the resort to its former glory. Residents and merchants here in the little city of White Sulphur Springs (pop. 2,300) say they are nothing short of astonished at the dizzying turnaround of the resort’s fortunes. And they credit the “local boy” Justice as the one who has single-handedly given the community a chance to shake off its economic lethargy.

Biotage moves headquarters out of area (Daily Progress)
After moving its Albemarle County production facilities to Wales earlier this year, a Swedish-based maker of pharmaceutical products is moving its American headquarters from Charlottesville to Charlotte, company officials say.

Fees can drain your 401(k) retirement savings (USA Today)
Congress and the Department of Labor are working on legislation and regulation that would require employers to disclose more information about administration and management fees in an understandable way. And an independent website seems to be gaining traction as it aims to provide workers with company 401(k) plan ratings that include fee information.

A Few Dollars at a Time, Patrons Support Artists on the Web (NY Times)
In the world of small-project finance, Kickstarter is pioneering its own niche. It is not a charity site like DonorsChoose.org, which solicits tax-deductible donations for classroom projects. Nor is it a peer-to-peer microlender like Prosper or Lending Club, in which people can post their borrowing needs and individuals finance pieces of it. And it is not an investment firm.

Late August Survival Guide: How to Look Like You’re Working (BNET)
Editor’s pick. The trick is to employ one or more techniques in the vast range of strategies that executives use to make their lives more pleasant than ours. Ways to be “working” while you don’t feel like it include, in escalating order of comprehensiveness:

The Greenbrier resort takes a leap (BizSense)
An absolute must-read about a charismatic West Virginia native who bought the Greenbrier and wants to add a PGA tournament and gambling to restore the resort to its former glory. Residents and merchants here in the little city of White Sulphur Springs (pop. 2,300) say they are nothing short of astonished at the dizzying turnaround of the resort’s fortunes. And they credit the “local boy” Justice as the one who has single-handedly given the community a chance to shake off its economic lethargy.

Biotage moves headquarters out of area (Daily Progress)
After moving its Albemarle County production facilities to Wales earlier this year, a Swedish-based maker of pharmaceutical products is moving its American headquarters from Charlottesville to Charlotte, company officials say.

Fees can drain your 401(k) retirement savings (USA Today)
Congress and the Department of Labor are working on legislation and regulation that would require employers to disclose more information about administration and management fees in an understandable way. And an independent website seems to be gaining traction as it aims to provide workers with company 401(k) plan ratings that include fee information.

A Few Dollars at a Time, Patrons Support Artists on the Web (NY Times)
In the world of small-project finance, Kickstarter is pioneering its own niche. It is not a charity site like DonorsChoose.org, which solicits tax-deductible donations for classroom projects. Nor is it a peer-to-peer microlender like Prosper or Lending Club, in which people can post their borrowing needs and individuals finance pieces of it. And it is not an investment firm.

Late August Survival Guide: How to Look Like You’re Working (BNET)
Editor’s pick. The trick is to employ one or more techniques in the vast range of strategies that executives use to make their lives more pleasant than ours. Ways to be “working” while you don’t feel like it include, in escalating order of comprehensiveness:

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