BioTaxi Brothers Use Dad’s Grease to Fuel Business (Style Weekly)
The brothers grew up flipping burgers in their dad’s Richmond Wendy’s franchises where the aroma from greasy burgers and frying potatoes wafted through the kitchen. They plan to launch their own business this week, driving a cab that runs on biodiesel made from spent grease from their dad’s fry pits.
Bernanke compliments community college students (Times-Dispatch)
You’d expect a banker to wonder how you paid for something — and that’s just what Federal Reserve Board Chairman Ben Bernanke asked local community college students at a roundtable yesterday.
Sale of Kingsmill looks imminent (Virginia Gazette)
A highly placed source has told the Gazette that the sale of Kingsmill Resort is expected to be completed by the end of next month.
County quits retirement contribution for new workers (Daily Progress)
Albemarle County officials decided Wednesday to stop picking up the tab for what local government employees have to pay into the state retirement system.
U-Haul to Settle With Trade Agency in Case on Truck Rental Price-Fixing (NY Times)
U-Haul International, the rental truck and trailer company, agreed on Wednesday to settle price-fixing charges with the Federal Trade Commission after the agency claimed that U-Haul had invited its closest competitor to fix prices on one-way truck rentals from 2006 to 2008.
Ideas pour in to try to help BP handle Gulf oil spill (USA Today)
Bill Horne ‘s handwritten blueprint for stopping the Gulf oil disaster calls for a long tube running from a fireboat deep into the ocean — “like a giant vacuum cleaner for the oil,” he says. The 85-year-old engineer from North Carolina is one of many inventors, entrepreneurs and others who have descended on the Gulf, hoping to help bring an end to the nation’s worst oil spill — and maybe make some money in the process.
The brilliant lessons from McDonald’s recall (Fortune)
McDonald’s chosen tact and its immediate focus on protecting its reputation and brand helped to mute potential critics, softening what could have been a stock-battering dose of rapidly spreading consumer anger that was percolating across the Internet.
How BP Flunked Its Risk Tests (Slate)
The continued gushing of oil into the Gulf of Mexico raises widespread questions about how badly BP was prepared from an environmental perspective. But what about from a corporate perspective? Multinational giants like BP spend large amounts of money to map out scenarios and, presumably, prepare for them. Why didn’t BP’s risk models account for a crisis of this proportion, and doesn’t that represent a colossal management failure?
BioTaxi Brothers Use Dad’s Grease to Fuel Business (Style Weekly)
The brothers grew up flipping burgers in their dad’s Richmond Wendy’s franchises where the aroma from greasy burgers and frying potatoes wafted through the kitchen. They plan to launch their own business this week, driving a cab that runs on biodiesel made from spent grease from their dad’s fry pits.
Bernanke compliments community college students (Times-Dispatch)
You’d expect a banker to wonder how you paid for something — and that’s just what Federal Reserve Board Chairman Ben Bernanke asked local community college students at a roundtable yesterday.
Sale of Kingsmill looks imminent (Virginia Gazette)
A highly placed source has told the Gazette that the sale of Kingsmill Resort is expected to be completed by the end of next month.
County quits retirement contribution for new workers (Daily Progress)
Albemarle County officials decided Wednesday to stop picking up the tab for what local government employees have to pay into the state retirement system.
U-Haul to Settle With Trade Agency in Case on Truck Rental Price-Fixing (NY Times)
U-Haul International, the rental truck and trailer company, agreed on Wednesday to settle price-fixing charges with the Federal Trade Commission after the agency claimed that U-Haul had invited its closest competitor to fix prices on one-way truck rentals from 2006 to 2008.
Ideas pour in to try to help BP handle Gulf oil spill (USA Today)
Bill Horne ‘s handwritten blueprint for stopping the Gulf oil disaster calls for a long tube running from a fireboat deep into the ocean — “like a giant vacuum cleaner for the oil,” he says. The 85-year-old engineer from North Carolina is one of many inventors, entrepreneurs and others who have descended on the Gulf, hoping to help bring an end to the nation’s worst oil spill — and maybe make some money in the process.
The brilliant lessons from McDonald’s recall (Fortune)
McDonald’s chosen tact and its immediate focus on protecting its reputation and brand helped to mute potential critics, softening what could have been a stock-battering dose of rapidly spreading consumer anger that was percolating across the Internet.
How BP Flunked Its Risk Tests (Slate)
The continued gushing of oil into the Gulf of Mexico raises widespread questions about how badly BP was prepared from an environmental perspective. But what about from a corporate perspective? Multinational giants like BP spend large amounts of money to map out scenarios and, presumably, prepare for them. Why didn’t BP’s risk models account for a crisis of this proportion, and doesn’t that represent a colossal management failure?