SleepSafe Beds will move to Henry County (Roanoke Times)
SleepSafe Beds, currently based in Franklin County, announced plans Monday to move its small manufacturing business to Henry County, invest more than $1 million to buy and renovate a warehouse building in Bassett, and bring its 13 employees to the new home — with the prospect of adding jobs in early 2011.
Goldman Sachs gives control of Hampton Roads Bankshares stock to other firms (Inside Business)
GoldmanSachs has transferred its right to purchase 13.75 million shares of Hampton Roads Bankshares stock to two private equity firms in the bank’s efforts to raise $255 million in capital, a move that could give one of the firms controlling interest in Hampton Roads Bankshares’ banks.
Ben & Jerry’s to curb use of ‘All Natural’ on labels (Washington Post)
On Monday, Ben & Jerry’s, the Vermont ice cream brand that is synonymous with funky flavors and environmentally and socially responsible behavior, agreed to phase out its use of the term “All Natural” for ice creams and frozen yogurts that contain processed or artificial ingredients.
Southwest, Determined to Expand, Buys AirTran (NY Times)
Southwest Airlines, the nation’s biggest low-cost carrier, said in a surprise announcement on Monday that it had agreed to buy its smaller rival AirTran Airways for $1.4 billion. The planned merger would be the third in the last two years in the battered airline industry, after Delta Air Lines bought Northwest in 2008, and the tie-up between United Airlines and Continental, due to be completed on Friday.
Setting Up a Business Structure (WSJ)
Deciding what kind of legal structure to form for your new business — and when to do it — may require more research and consideration than other tasks.
How to Start Your Dream Company (Inc.)
Ever fantasize about making money by doing what you love? We’ve profiled Laura O’Neill (pictured, serving ice cream) and several others who have done just that.
Why Companies Should Insist That Employees Nap (Business Week)
Regular 20-minutes respites in a Barcalounger persuaded Harvard blogger Tony Schwartz that all companies should harvest the power of the nap.