NewsFeeds 7.14.10

Richmond hires chief of minority business (Times-Dispatch)
Richmond Mayor Dwight C. Jones has hired a director of minority business enterprise, Vicki Rivers, at a time when reported rates of minority participation in city contracts suggest a sharp drop from levels reported two years ago by then-Mayor L. Douglas Wilder.

Northrop Grumman may sell shipbuilding operations (Virginian-Pilot)
Northrop Grumman Corp. is poised to shed its shipbuilding operations, including the Newport News shipyard that builds the Navy’s aircraft carriers.

South Peak plan to go public (Roanoke Times)
Roanoke County supervisors are going to look at a proposal to create a development authority.

10 Management Tales From George Steinbrenner, The Legendary Boss (Business Insider)
He was a notoriously fickle, tempermental, and demanding leader. He changed managers 23 times — Billy Martin alone was fired and re-hired five separate times over the course of a decade.

Philip Morris Said to Benefit From Child Labor (NY Times)
One woman said children as young as 10 working in the fields developed red rashes on their stomachs and necks as they harvested tobacco for use in cigarettes made by Philip Morris.

Study: Many workers’ retirement savings will run out too soon (USA Today)
A third of middle-income workers will likely run out of money after 20 years of retirement, and significantly more lower-income workers will deplete their savings after 10 years, according to a study released Tuesday.

4 Traps to Avoid When Selling Your Company (Inc.)
Potential acquirers can be a crafty bunch when they start poking around your business. Here are some tricks of their trade.

The Easiest Way to Raise Money (Entrepreneur)
It’s simple: Don’t spend it. Here are 10 ways entrepreneurs waste their hard-earned capital.

Richmond hires chief of minority business (Times-Dispatch)
Richmond Mayor Dwight C. Jones has hired a director of minority business enterprise, Vicki Rivers, at a time when reported rates of minority participation in city contracts suggest a sharp drop from levels reported two years ago by then-Mayor L. Douglas Wilder.

Northrop Grumman may sell shipbuilding operations (Virginian-Pilot)
Northrop Grumman Corp. is poised to shed its shipbuilding operations, including the Newport News shipyard that builds the Navy’s aircraft carriers.

South Peak plan to go public (Roanoke Times)
Roanoke County supervisors are going to look at a proposal to create a development authority.

10 Management Tales From George Steinbrenner, The Legendary Boss (Business Insider)
He was a notoriously fickle, tempermental, and demanding leader. He changed managers 23 times — Billy Martin alone was fired and re-hired five separate times over the course of a decade.

Philip Morris Said to Benefit From Child Labor (NY Times)
One woman said children as young as 10 working in the fields developed red rashes on their stomachs and necks as they harvested tobacco for use in cigarettes made by Philip Morris.

Study: Many workers’ retirement savings will run out too soon (USA Today)
A third of middle-income workers will likely run out of money after 20 years of retirement, and significantly more lower-income workers will deplete their savings after 10 years, according to a study released Tuesday.

4 Traps to Avoid When Selling Your Company (Inc.)
Potential acquirers can be a crafty bunch when they start poking around your business. Here are some tricks of their trade.

The Easiest Way to Raise Money (Entrepreneur)
It’s simple: Don’t spend it. Here are 10 ways entrepreneurs waste their hard-earned capital.

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