NewsFeeds 8.4.10

Ex-Henrico policeman gets 10 years for real estate fraud (Times-Dispatch)
Angry investors surrounded the federal prosecutor yesterday outside the Richmond courtroom after Donald C. Lacey was sentenced to 10 years and one month for running a real estate Ponzi scheme in the area.

Dinwiddie’s first county fair opens today (Progress-Index)
The four-day event at the Virginia Motorsports Park on Boydton Plank Road was four years in the making, said Brian Mancini, director of the county’s Parks and Recreation Department, which is sponsoring the event.

Biggest U.S. Book Chain Up for Sale (NY Times)
In what might be the latest sign of trouble for brick-and-mortar bookstores, the mega-chain Barnes & Noble announced on Tuesday that its board was putting the company up for sale.

Consumers are buying cars, but some automakers’ sales aren’t improving (Washington Post)
July was one of the strongest months for U.S. auto sales since taxpayers subsidized last summer’s cash-for-clunkers buying spree, according to industry data released Tuesday.

Should He Buy Back the Business? (Inc.)
Tom Pastorius was bored with retirement and wanted to buy back his business, Penn Brewery. He was even willing to absorb the company’s $1 million debt. His wife, who helped build the business, felt differently.

Big Marketing Stunts, Small-Business Style (Entrepreneur)
Creating buzz around your business is tough, but it’s nothing compared to keeping that momentum going.

Ex-Henrico policeman gets 10 years for real estate fraud (Times-Dispatch)
Angry investors surrounded the federal prosecutor yesterday outside the Richmond courtroom after Donald C. Lacey was sentenced to 10 years and one month for running a real estate Ponzi scheme in the area.

Dinwiddie’s first county fair opens today (Progress-Index)
The four-day event at the Virginia Motorsports Park on Boydton Plank Road was four years in the making, said Brian Mancini, director of the county’s Parks and Recreation Department, which is sponsoring the event.

Biggest U.S. Book Chain Up for Sale (NY Times)
In what might be the latest sign of trouble for brick-and-mortar bookstores, the mega-chain Barnes & Noble announced on Tuesday that its board was putting the company up for sale.

Consumers are buying cars, but some automakers’ sales aren’t improving (Washington Post)
July was one of the strongest months for U.S. auto sales since taxpayers subsidized last summer’s cash-for-clunkers buying spree, according to industry data released Tuesday.

Should He Buy Back the Business? (Inc.)
Tom Pastorius was bored with retirement and wanted to buy back his business, Penn Brewery. He was even willing to absorb the company’s $1 million debt. His wife, who helped build the business, felt differently.

Big Marketing Stunts, Small-Business Style (Entrepreneur)
Creating buzz around your business is tough, but it’s nothing compared to keeping that momentum going.

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