Norfolk-based Blackhawk Products Group is sold (Virginian-Pilot)
Blackhawk Products Group, a Norfolk-based provider of tactical military and security gear to the armed forces and law-enforcement agencies, has been acquired by Alliant Techsystems Inc., or ATK, headquartered in Minneapolis.
Officials recall that in ‘70s no one backed plan for Downtown Mall (Daily Progress)
Three of the five city councilors who were instrumental in establishing Charlottesville’s Downtown Mall said they knew it would be politically unpopular but something had to be done to keep the city vibrant.
Banks Resist Plans to Reduce Mortgage Balances (NY Times)
The idea of reducing loan principals last month became a centerpiece of the administration’s efforts to help seven million households threatened with foreclosure. But an official at one of the banks said principal reduction could reward households for consuming more than they could afford, might punish future homeowners by raising the cost of borrowing and in any case was simply unworkable.
Ferrari in ‘Ferris Bueller’s Day Off’ up for sale, except it’s not a Ferrari (USA Today)
“My memory of that car is that it often didn’t start. That’s all I remember,” Matthew Broderick told a magazine, adding, “Which I probably shouldn’t say; I don’t want to bring the price down. But, uh, it was unreliable, that car.”
Fiscal Therapy (Slate)
The five worst parts of the tax code (and why they will not be fixed).
For Entrepreneurs, Sharing Isn’t Always Fun (WSJ)
Equity in lieu of pay can help business owners lure talent, but many may not want to part with future profits.
Health reform starts now: 2010 tax breaks (Fortune)
Most of the health care reforms President Obama signed into law last month won’t kick in for another four years. But small businesses can look forward to some quick relief: a tax credit to offset insurance premiums took effect immediately.
Norfolk-based Blackhawk Products Group is sold (Virginian-Pilot)
Blackhawk Products Group, a Norfolk-based provider of tactical military and security gear to the armed forces and law-enforcement agencies, has been acquired by Alliant Techsystems Inc., or ATK, headquartered in Minneapolis.
Officials recall that in ‘70s no one backed plan for Downtown Mall (Daily Progress)
Three of the five city councilors who were instrumental in establishing Charlottesville’s Downtown Mall said they knew it would be politically unpopular but something had to be done to keep the city vibrant.
Banks Resist Plans to Reduce Mortgage Balances (NY Times)
The idea of reducing loan principals last month became a centerpiece of the administration’s efforts to help seven million households threatened with foreclosure. But an official at one of the banks said principal reduction could reward households for consuming more than they could afford, might punish future homeowners by raising the cost of borrowing and in any case was simply unworkable.
Ferrari in ‘Ferris Bueller’s Day Off’ up for sale, except it’s not a Ferrari (USA Today)
“My memory of that car is that it often didn’t start. That’s all I remember,” Matthew Broderick told a magazine, adding, “Which I probably shouldn’t say; I don’t want to bring the price down. But, uh, it was unreliable, that car.”
Fiscal Therapy (Slate)
The five worst parts of the tax code (and why they will not be fixed).
For Entrepreneurs, Sharing Isn’t Always Fun (WSJ)
Equity in lieu of pay can help business owners lure talent, but many may not want to part with future profits.
Health reform starts now: 2010 tax breaks (Fortune)
Most of the health care reforms President Obama signed into law last month won’t kick in for another four years. But small businesses can look forward to some quick relief: a tax credit to offset insurance premiums took effect immediately.