McAuliffe bids to buy Franklin mill (Times-Dispatch)
Terry McAuliffe, an unsuccessful candidate for governor in 2009, is in the running again — this time, to buy a soon-to-close Southside paper factory he wants to convert to a wood-fired power plant. McAuliffe and other investors are pitching to International Paper Co. to purchase the firm’s giant Franklin mill in Isle of Wight County, which is to be closed this year, throwing 1,100 people of work.
Longtime area bookies facing more gambling charges (Virginian-Pilot)
Editor’s Pick: Like many people in retirement, Amdusky got bored. Howard “Moose” Amdusky, a colorful character who used to operate open craps games at the Oceanfront and who has been a sports book since at least the 1960s, faces a federal gambling charge. An associate, Ronald Freedman, who once had links, though nebulous, to the Vegas mob, faces a state gambling charge. Both cases are part of a larger investigation into an organized criminal gambling ring, authorities said. That’s nothing new to Amdusky, 82, and Freedman, 70. Every 10 years or so, local police or the feds come calling with search warrants and seizure orders, court records and news accounts show.
Snowstorm heaps more economic misery on stores (Washington Post)
In the long run, the record snowfall that has assailed the Washington region will go down as a mere blip in an economic landscape dominated by the recession, the experts say. But that is cold comfort to many local businesses forced to shut down and dig out over the weekend just as they hoped to turn the corner toward recovery.
American Airlines to charge $8 for blankets, when available (USA Today)
Now that air travelers are warming to the idea of paying extra for service amenities, American Airlines is going to ask them to pay to stay warm in the air.
From Board Room to Owner’s Box (Entrepreneur)
For some, the typical trappings of wealth and success–cars, houses, travel to exotic places at the drop of a hat–are more than enough. But for a select few, a Park Avenue penthouse can’t compete with an NFL stadium. These 11 visionaries have invested their millions–or in some cases, billions–as owners of your favorite NFL teams. Here are their stories.