NewsFeeds 9.14.10

State reform commission endorses four-day workweek (Times-Dispatch)
Selected state and local government agencies should switch to a four-day workweek to save money and improve employee morale, Gov. Bob McDonnell’s Reform and Restructuring Commission recommended yesterday.

Floor plan: Lumber Liquidators cashes in on niche business (Virginian-Pilot)
It’s clear from the retailer’s growth and financial success that people like Lumber Liquidators, even as the housing market’s decline has cut into the home improvement business. The retailer, based in Toano, west of Williamsburg, has exploded from the first store 14 years ago to more than 200 in 46 states. It continues to add 36 to 40 stores each year, and executives aim to reach 400 locations within five years.

Departures of furniture financial officers a loss (Roanoke Times)
The finance leaders of Hooker Furniture and Stanleytown Furniture will retire Jan. 31.

Jobless are straining Social Security’s disability benefits program (Washington Post)
The number of former workers seeking Social Security disability benefits has spiked with the nation’s economic problems, heightening concern that the jobless are expanding the program beyond its intended purpose of aiding the disabled.

Proposal to Repeal Tax Rules Unacceptable, Treasury Says (WSJ)
A Senate proposal to repeal new tax-reporting rules opposed by small businesses is “not acceptable in its current form,” a Treasury Department official said. But the Obama administration wants to try to make those requirements less burdensome, said Michael Mundaca, assistant secretary of the Treasury.

10 Cool Money Management Apps (Inc.)
Who needs a computer when you could process payments using your smartphone? These 10 apps from PayPal, Mint.com, E*Trade, and others will help you manage your cash, your time, and your business.

Big biz moves to help small biz (Fortune)
IBM and five other major U.S. corporations said Tuesday they would make it easier for small companies to apply for billions of dollars worth of corporate contracts to help boost the economy.

State reform commission endorses four-day workweek (Times-Dispatch)
Selected state and local government agencies should switch to a four-day workweek to save money and improve employee morale, Gov. Bob McDonnell’s Reform and Restructuring Commission recommended yesterday.

Floor plan: Lumber Liquidators cashes in on niche business (Virginian-Pilot)
It’s clear from the retailer’s growth and financial success that people like Lumber Liquidators, even as the housing market’s decline has cut into the home improvement business. The retailer, based in Toano, west of Williamsburg, has exploded from the first store 14 years ago to more than 200 in 46 states. It continues to add 36 to 40 stores each year, and executives aim to reach 400 locations within five years.

Departures of furniture financial officers a loss (Roanoke Times)
The finance leaders of Hooker Furniture and Stanleytown Furniture will retire Jan. 31.

Jobless are straining Social Security’s disability benefits program (Washington Post)
The number of former workers seeking Social Security disability benefits has spiked with the nation’s economic problems, heightening concern that the jobless are expanding the program beyond its intended purpose of aiding the disabled.

Proposal to Repeal Tax Rules Unacceptable, Treasury Says (WSJ)
A Senate proposal to repeal new tax-reporting rules opposed by small businesses is “not acceptable in its current form,” a Treasury Department official said. But the Obama administration wants to try to make those requirements less burdensome, said Michael Mundaca, assistant secretary of the Treasury.

10 Cool Money Management Apps (Inc.)
Who needs a computer when you could process payments using your smartphone? These 10 apps from PayPal, Mint.com, E*Trade, and others will help you manage your cash, your time, and your business.

Big biz moves to help small biz (Fortune)
IBM and five other major U.S. corporations said Tuesday they would make it easier for small companies to apply for billions of dollars worth of corporate contracts to help boost the economy.

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