NewsFeeds 11.2.10

??North Pole restaurant in Goochland closed for now, offered for sale (Times-Dispatch)
The North Pole restaurant, a mainstay in Goochland County  for decades, has closed — for now. The restaurant, which opened in 1924, has shut down as the family of owner Dick Rossi decides its future. Rossi, who bought the restaurant in 1979, was killed in an automobile crash in May.

Williamsburg’s GuideStar pushes quiet revolution (Virginian-Pilot)
n a second-floor office suite a couple of miles from the College of William and Mary, more than 40 workers are quietly engineering what their managers describe as a revolution in the world of philanthropy. Their soft-spoken battle cry: Enlighten donors by exposing more information about nonprofit groups.

Modern-day bread lines (Roanoke Times)
At area grocery stores, the shoppers appear just before midnight, when monthly federal money flows into their government debit accounts.

$35 million crunch: Credit lines force Kluge Winery foreclosure (The Hook)
The upscale wine businesses built by Patricia Kluge are under foreclosure, according to a pending legal notice, and although this marks the second forced auction this year on a Kluge property, this one— at nearly $35 million— looms much larger and could dismantle the award-winning winery founded 11 years ago by a billionaire’s ex-wife.

G.M. Said to Plan Cut in U.S. Stake by a Third (NY Times)
General Motors will succeed in shrinking the federal government’s ownership stake to less than 50 percent in a $10.6 billion initial public offering later this month, people briefed on the matter said on Monday.

Marketers profit on sales of Tea Party merchandise (USA Today)
Sales of Tea Party merchandise — from buttons and bumper stickers to skateboards and, yes, even thongs — have exploded leading up to today’s midterm elections.

How to Set an Annual Budget (Inc.)
It seems to be the least sexy part of running a business, but maintaining a realistic budget – and paying attention to it – can make or break your company.

Ditching Politics for Entrepreneurship (WSJ)
Young staffers who helped President Obama win office are now using skills from the campaign trail to launch their own ventures.

Can Livestrong Survive Lance Armstrong and a Doping Scandal? (Fast Company)
The cover story from the latest issue: The world’s most famous cancer survivor has been his foundation’s biggest asset, even as it grew into an innovative force in health care. Now his legal troubles may make him a risk.

??North Pole restaurant in Goochland closed for now, offered for sale (Times-Dispatch)
The North Pole restaurant, a mainstay in Goochland County  for decades, has closed — for now. The restaurant, which opened in 1924, has shut down as the family of owner Dick Rossi decides its future. Rossi, who bought the restaurant in 1979, was killed in an automobile crash in May.

Williamsburg’s GuideStar pushes quiet revolution (Virginian-Pilot)
n a second-floor office suite a couple of miles from the College of William and Mary, more than 40 workers are quietly engineering what their managers describe as a revolution in the world of philanthropy. Their soft-spoken battle cry: Enlighten donors by exposing more information about nonprofit groups.

Modern-day bread lines (Roanoke Times)
At area grocery stores, the shoppers appear just before midnight, when monthly federal money flows into their government debit accounts.

$35 million crunch: Credit lines force Kluge Winery foreclosure (The Hook)
The upscale wine businesses built by Patricia Kluge are under foreclosure, according to a pending legal notice, and although this marks the second forced auction this year on a Kluge property, this one— at nearly $35 million— looms much larger and could dismantle the award-winning winery founded 11 years ago by a billionaire’s ex-wife.

G.M. Said to Plan Cut in U.S. Stake by a Third (NY Times)
General Motors will succeed in shrinking the federal government’s ownership stake to less than 50 percent in a $10.6 billion initial public offering later this month, people briefed on the matter said on Monday.

Marketers profit on sales of Tea Party merchandise (USA Today)
Sales of Tea Party merchandise — from buttons and bumper stickers to skateboards and, yes, even thongs — have exploded leading up to today’s midterm elections.

How to Set an Annual Budget (Inc.)
It seems to be the least sexy part of running a business, but maintaining a realistic budget – and paying attention to it – can make or break your company.

Ditching Politics for Entrepreneurship (WSJ)
Young staffers who helped President Obama win office are now using skills from the campaign trail to launch their own ventures.

Can Livestrong Survive Lance Armstrong and a Doping Scandal? (Fast Company)
The cover story from the latest issue: The world’s most famous cancer survivor has been his foundation’s biggest asset, even as it grew into an innovative force in health care. Now his legal troubles may make him a risk.

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