CIA Foils Plot To Steal Glass From Star-lite (SATIRE from Tobacco Avenue)
Senior U.S. bar counter-intelligence officials today said that they have successfully stopped a local woman in her attempt to extract a pint glass from the popular Main Street restaurant and bar Star-lite.
Entrepreneur Lee Jundanian went from accolades to bankruptcy in two years (Washington Business Journal)
Once a star in the cash advance industry, RapidAdvance’s founder soon found himself in the same straits as many of the merchants he once funded.
Local supercar races toward multi-million-dollar prize (Daily Progress)
All eyes will be on the “Very Light Car” — designed by the Charlottesville-based team Edison2 — at the finals of the multimillion-dollar X Prize competition to build a vehicle able to achieve 100 miles per gallon of gas. Two versions of the Very Light Car beat out more than 80 vehicles from around the world to become the only remaining entries in the Progressive Automotive X Prize’s four-seat car mainstream competition.
Jump in local auto sales indicates improvements in economy (Virginian-Pilot)
A strong acceleration in auto sales this year – in high double digits for many – has given Hampton Roads car dealers reason to believe that economic recovery is back in drive.
Emergency jobless benefits approved in crucial Senate vote (Washington Post)
The bill would authorize states to provide retroactive support to an estimated 2.5 million people whose unemployment checks have been cut off since federal benefits expired June 2. It would also make available up to 99 weeks of income support through the end of November to millions more who have exhausted state benefits, which typically last for 26 weeks.
The Crisis in Crisis PR (Slate)
The lesson now for companies that screw up is that you really have no chance: The currents are against you from the get-go. The courts of Twitter and online video sharing and the forming of Facebook groups to deplore the transgressions of an enterprise will overwhelm even the most crafted crisis battle plan. The profession, quite simply, is at a crossroads. And it isn’t in a position to ride out the bumps, because it’s up against the kind of high-altitude turbulence that can shred the airframe.
The Champion (Entrepreneur)
Drew Brees led the New Orleans Saints to their first-ever Super Bowl. Now he’s backing local entrepreneurship and the city’s economic revival.
Collateral Damage in Lending (WSJ)
ith Assets Harder to Value, More Small Businesses Need Cash to Get a Loan.