Patricia Kluge’s Albemarle estate now only $48 million (Times-Dispatch)
In what a real estate agent called “a reflection of the marketplace,” the asking price for winemaker and philanthropist Patricia Kluge’s 24,000-square-foot Albemarle House estate and 300 surrounding acres has been reduced by more than 50 percent
Housing: Hope on the Horizon (Business Week)
Cash-rich builders are buying land again, betting on a turn in the market for new homes.
What States and Cities Are Doing to Help Small Businesses (NY Times)
The local approaches are as varied as subsidizing wages for new hires, running a $100,000 regional business-plan competition and giving out grants to help small manufacturers reposition themselves. Some states and cities are using federal stimulus dollars, and others are mixing federal, state and private dollars.
A Plea for Direct Lending to Small Businesses (WSJ)
Small businesses want a more direct line to loans. Most recovery efforts directed at Main Street have required participation from cautious lenders, but with credit still tight, small companies say they haven’t received the same treatment as large corporations.
The Indelible Brilliance of Jack Donaghy, the World’s Greatest Executive (Fast Company)
Hulu, as part of their relentless attack productivity, has put together a bunch of clips featuring Jack Donaghy, the GE executive played by Alec Baldwin on 30 Rock, at his managerial best.