NewsFeeds 5.6.10

Hummus manufacturer leaving NYC (Crain’s New York)
Hummus king Sabra is relocating this summer from its Astoria, Queens, headquarters to Richmond, Va., where it built a larger processing facility.

Bank moves to foreclose on Sandler development in Beach (Virginian-Pilot)
Ashville Park, the beleaguered 452-acre upscale housing development by L.M. Sandler & Sons Inc., is on the auction block.

Intense public anger in Greece as parliament considers cuts (USA Today)
All week, European leaders strained to convince the world that they had finally wrestled the Greek debt crisis to the ground. Wednesday, that claim crumbled amid a hail of tear gas canisters, the chants of furious protesters and the deaths of three bank employees killed in the firebombing of their workplace.

The IRS Targets Independent Contractors (Business Week)
Small companies are likely to see the greatest scrutiny as government agencies crack down on permalancers.

Community Lenders Can Offer Start-Ups a Lift (WSJ)
A growing body of lenders, including small banks, credit unions, nonprofit groups and others, are pursuing a speciality that could make them a promising source of funding for small-business owners and entrepreneurs who don’t qualify for traditional loans.

Hummus manufacturer leaving NYC (Crain’s New York)
Hummus king Sabra is relocating this summer from its Astoria, Queens, headquarters to Richmond, Va., where it built a larger processing facility.

Bank moves to foreclose on Sandler development in Beach (Virginian-Pilot)
Ashville Park, the beleaguered 452-acre upscale housing development by L.M. Sandler & Sons Inc., is on the auction block.

Intense public anger in Greece as parliament considers cuts (USA Today)
All week, European leaders strained to convince the world that they had finally wrestled the Greek debt crisis to the ground. Wednesday, that claim crumbled amid a hail of tear gas canisters, the chants of furious protesters and the deaths of three bank employees killed in the firebombing of their workplace.

The IRS Targets Independent Contractors (Business Week)
Small companies are likely to see the greatest scrutiny as government agencies crack down on permalancers.

Community Lenders Can Offer Start-Ups a Lift (WSJ)
A growing body of lenders, including small banks, credit unions, nonprofit groups and others, are pursuing a speciality that could make them a promising source of funding for small-business owners and entrepreneurs who don’t qualify for traditional loans.

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