NewsFeed 6.27.10

Chesterfield supervisors approve SportsQuest deal (Times-Dispatch)
Despite reservations, Chesterfield County’s Board of Supervisors voted yesterday to authorize the county administrator to sign a $4.3 million deal with SportsQuest.

Velvet’s new owner requests alcohol license (Times-Dispatch)
The owner of Pure Pleasure and other adult-entertainment venues has bought the former Velvet strip-club building in Shockoe Bottom and applied for a license to sell alcohol at a restaurant there.

Commonwealth seeks large offering of new shares (Virginian-Pilot)
Commonwealth Bankshares Inc., which disclosed in March that regulators deemed its Bank of the Commonwealth subsidiary to be in “troubled condition,” is seeking shareholder approval to raise fresh capital.

The Flaw in the Health Care Plan (Slate)
It’s people like me—I’d rather pay the penalty than buy insurance.

Rising stock price pushes Apple above Microsoft (USA Today)
Apple’s share price hit a milestone on Wednesday — pushing the company’s market capitalization higher than Microsoft’s for the first time.

Credit Unions Fight Cap Law (WSJ)
A showdown between credit unions and banks could have serious implications for small-business lending.

The Juice Behind Your Website (Entrepreneur)
The content management system–the powerful, behind-the-scenes operator–can make or break your site. Here’s how to choose the right one.

Chesterfield supervisors approve SportsQuest deal (Times-Dispatch)
Despite reservations, Chesterfield County’s Board of Supervisors voted yesterday to authorize the county administrator to sign a $4.3 million deal with SportsQuest.

Velvet’s new owner requests alcohol license (Times-Dispatch)
The owner of Pure Pleasure and other adult-entertainment venues has bought the former Velvet strip-club building in Shockoe Bottom and applied for a license to sell alcohol at a restaurant there.

Commonwealth seeks large offering of new shares (Virginian-Pilot)
Commonwealth Bankshares Inc., which disclosed in March that regulators deemed its Bank of the Commonwealth subsidiary to be in “troubled condition,” is seeking shareholder approval to raise fresh capital.

The Flaw in the Health Care Plan (Slate)
It’s people like me—I’d rather pay the penalty than buy insurance.

Rising stock price pushes Apple above Microsoft (USA Today)
Apple’s share price hit a milestone on Wednesday — pushing the company’s market capitalization higher than Microsoft’s for the first time.

Credit Unions Fight Cap Law (WSJ)
A showdown between credit unions and banks could have serious implications for small-business lending.

The Juice Behind Your Website (Entrepreneur)
The content management system–the powerful, behind-the-scenes operator–can make or break your site. Here’s how to choose the right one.

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