3 firms to study Richmond Coliseum’s future (Times-Dispatch)
Three consulting and design firms that specialize in sport venues have been hired to conduct a market study on the future of the Richmond Coliseum, the city announced yesterday.
City stops writing checks to contractor for delayed Petersburg Station (Progress-Index)
Transit system buses may be picking up and dropping off passengers at the new Petersburg Station between Union and Market streets, but the city hasn’t taken possession of the building yet. In large part that’s because the project isn’t complete.
Longshoremen to vote on proposed pay cuts (Virginian-Pilot)
Longshoremen in the port of Hampton Roads are to vote Thursday on a local contract calling for wage reductions of up to 30 percent for handling non-containerized cargos.
The Greatest Ad I’ve Ever Seen (Slate)
Nike’s epic, witty, wonderful new World Cup ad. It is indeed an awesome ad.
A ‘Magic’ touch in the business world (Washington Post)
Magic Johnson has been a cheerleader-in-chief for an array of enterprises that has earned him a $500 million fortune and put him on Forbes’s list of the five richest African Americans.
Recession Brings Tough Love to Family Firms (WSJ)
Expecting Mom and Dad to set you up with a cushy job in the family business? Not so fast. In this economy, some family firms are finding themselves forced to turn down job requests from relatives, and business owners are laying off family members and long-time trusted employees because of the length of the downturn, said Wayne Rivers, president of the Family Business Institute, a consultancy in Raleigh, N.C.
A Makeover for Pabst Blue Ribbon? (Inc.)
C. Dean Metropoulos – who made billion-dollar brands of Chef Boyardee, Birds Eye, and others – has bought the iconic Pabst Brewing Company.