NewsFeeds 5.14.10

Shockoe Bottom firms urge action to stop violence (Times-Dispatch)
In the wake of three shootings — two fatal — business owners are urging action to stop the violence, and they’re hoping the killings do not stain the area’s reputation.

MICG shuts down its brokerage business (Daily Press)
ICG Investment Management LLC filed to withdraw its registration as a licensed securities broker and dealer on Wednesday, the company said in a statement posted on its website Thursday. That action effectively shuts down the financial services firm’s 10-year-old brokerage arm.

Port Authority would pay $800 million to lease APM Terminals (Virginian-Pilot)
The Virginia Port Authority will pay at least $800 million over 20 years to lease the new APM Terminals’ facility in Portsmouth, Gov. Bob McDonnell announced Thursday. The governor said an agreement in principle had been reached on the deal during his remarks at the Virginia Maritime Association’s annual banquet at the Norfolk Waterside Marriott. The agreement comes after more than a year of talks.

Futures, fortunes in jeopardy as furniture industry folds (Roanoke Times)
Editor’s Pick. Great detail from workers and the company’s owner. Large-scale furniture manufacturing in Martinsville and Henry County finally came completely unglued Wednesday. Many were shocked. Others weren’t. Stanley Furniture Co. announced Wednesday afternoon that it will end furniture production in Henry County by year’s end and move all adult furniture manufacturing to Southeast Asia.

Foreclosure continue to rise as banks work on backlogs (Washington Post)
Home repossessions this year are up 27 percent compared with the first four months of last year, according to RealtyTrac, a foreclosure-listing firm in Irvine, Calif. They will probably continue to climb, company officials said.

Crave coupons, bargains? Group-buying sites offer deals (USA Today)
Group-buying websites — Groupon, LivingSocial and dozens of smaller ones — are the latest craze among price-obsessed consumers and an evolution of social media and shopping. Groupon has grown from 400 subscribers in November 2008 to more than 4 million; 8coupons.com, which aggregates online deals, says the number of sites offering daily group deals is up from about 10 last June to at least 80.

Three Best Ways to Land an Incubator Spot (WSJ)
Business-incubators programs provide entrepreneurial ventures with office space, services and counseling for little or no cost. But while the programs have been expanding amid increased demand for their support, landing a spot in these can still be challenging, as they tend to be selective when considering applicants. Here are three best ways for start-up companies to land a spot in a business-incubator program.

When Your Employees Have a Blog (Inc.)
Take note. Employee blogs can disclose confidential business information or talk negatively of your company. So how do you implement a blogging policy?

The Weekly Wind-Down: 12 of our favorite businesses from TV shows (Focus.com)
This is not an exhaustive list, but it’s entertaining.

Shockoe Bottom firms urge action to stop violence (Times-Dispatch)
In the wake of three shootings — two fatal — business owners are urging action to stop the violence, and they’re hoping the killings do not stain the area’s reputation.

MICG shuts down its brokerage business (Daily Press)
ICG Investment Management LLC filed to withdraw its registration as a licensed securities broker and dealer on Wednesday, the company said in a statement posted on its website Thursday. That action effectively shuts down the financial services firm’s 10-year-old brokerage arm.

Port Authority would pay $800 million to lease APM Terminals (Virginian-Pilot)
The Virginia Port Authority will pay at least $800 million over 20 years to lease the new APM Terminals’ facility in Portsmouth, Gov. Bob McDonnell announced Thursday. The governor said an agreement in principle had been reached on the deal during his remarks at the Virginia Maritime Association’s annual banquet at the Norfolk Waterside Marriott. The agreement comes after more than a year of talks.

Futures, fortunes in jeopardy as furniture industry folds (Roanoke Times)
Editor’s Pick. Great detail from workers and the company’s owner. Large-scale furniture manufacturing in Martinsville and Henry County finally came completely unglued Wednesday. Many were shocked. Others weren’t. Stanley Furniture Co. announced Wednesday afternoon that it will end furniture production in Henry County by year’s end and move all adult furniture manufacturing to Southeast Asia.

Foreclosure continue to rise as banks work on backlogs (Washington Post)
Home repossessions this year are up 27 percent compared with the first four months of last year, according to RealtyTrac, a foreclosure-listing firm in Irvine, Calif. They will probably continue to climb, company officials said.

Crave coupons, bargains? Group-buying sites offer deals (USA Today)
Group-buying websites — Groupon, LivingSocial and dozens of smaller ones — are the latest craze among price-obsessed consumers and an evolution of social media and shopping. Groupon has grown from 400 subscribers in November 2008 to more than 4 million; 8coupons.com, which aggregates online deals, says the number of sites offering daily group deals is up from about 10 last June to at least 80.

Three Best Ways to Land an Incubator Spot (WSJ)
Business-incubators programs provide entrepreneurial ventures with office space, services and counseling for little or no cost. But while the programs have been expanding amid increased demand for their support, landing a spot in these can still be challenging, as they tend to be selective when considering applicants. Here are three best ways for start-up companies to land a spot in a business-incubator program.

When Your Employees Have a Blog (Inc.)
Take note. Employee blogs can disclose confidential business information or talk negatively of your company. So how do you implement a blogging policy?

The Weekly Wind-Down: 12 of our favorite businesses from TV shows (Focus.com)
This is not an exhaustive list, but it’s entertaining.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected]

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMEBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments