Henrico seeks authority to lure defense manufacturers (Times-Dispatch)
Henrico County has set its sights on the defense industry. The county’s only request for the 2011 General Assembly session is to grant the county the authority to establish defense manufacturing zones, which would provide tax and regulatory incentives to lure businesses.
Martha Jefferson to merge with Sentara (Daily Progress)
Martha Jefferson Hospital intends to merge with Norfolk-based Sentara Healthcare, a historic union for the 107-year-old Charlottesville hospital.
Postal Service close to going broke (Washington Post)
Americans can still send and receive mail, but the U.S. Postal Service may not have much left in the bank after this week, as it’s set to announce billions of dollars in losses as early as Thursday.
In Tax Cut Plan, Debate Over the Definition of Rich (NY Times)
As the political battle drags on, however, it has also veered into a more basic matter of fairness, whether a person who earns more than $200,000 a year should be taxed at rates similar to those who make $5 million.
More families, friends move in together (USA Today)
Grown children returning home. Brothers and sisters moving in together. Families taking in grandparents. Friends living in the basement. Fueled by the dismal economy and high unemployment, more Americans — friends and families — are doubling up.
For New Tax Breaks, Act Fast (WSJ)
The recently signed Small Business Jobs Act offers full relief from capital-gains taxes—but only if investors act in the next three months.
America’s Best Young Entrepreneurs 2010 (Business Week)
For our sixth annual roundup, Businessweek.com readers nominated hundreds of entrepreneurs age 25 and under. Meet the 25 most impressive.