NewsFeeds 11.24.10

Settler’s Market is back in play (Virginia Gazette)
Settler’s Market is off the market, at last. “I can confirm that it is under contract for a year-end closing,” said Jay Joseph, senior president with the commercial real estate firm Grubb & Ellis. He would not elaborate.

Hampton Roads port traffic, revenue rise (Hampton Roads)
Port revenue and container traffic were up in Hampton Roads for the first four months of the new fiscal year, but signs point to slower global-shipping growth from January to June.

Corporate Profits Were the Highest on Record Last Quarter (NY Times)
The nation’s workers may be struggling, but American companies just had their best quarter ever.

Report criticizes for-profit colleges for low graduation rates (Washington Post)
A report from an influential Washington think tank on Tuesday likened for-profit colleges to subprime lenders for their meteoric growth, and for their propensity to drive customers into debt.

Who Should Get Holiday Time Off? (Inc.)
Not every business can shut down for the holidays. So what happens when everyone wants time off? Do you have a policy that gives preference to tenured workers? More importantly, should you?

Small Retailers Pinched by Big Discounts (WSJ)
Discounting is a tempting strategy for small firms eager to drive store traffic, but big sales don’t always bring big profits.

Three Alternatives to Big-Bank Borrowing (Business Week)
Small businesses that are rejected by the banking behemoths shouldn’t overlook nonbank lenders, community and regional banks, and community development financial institutions.

Settler’s Market is back in play (Virginia Gazette)
Settler’s Market is off the market, at last. “I can confirm that it is under contract for a year-end closing,” said Jay Joseph, senior president with the commercial real estate firm Grubb & Ellis. He would not elaborate.

Hampton Roads port traffic, revenue rise (Hampton Roads)
Port revenue and container traffic were up in Hampton Roads for the first four months of the new fiscal year, but signs point to slower global-shipping growth from January to June.

Corporate Profits Were the Highest on Record Last Quarter (NY Times)
The nation’s workers may be struggling, but American companies just had their best quarter ever.

Report criticizes for-profit colleges for low graduation rates (Washington Post)
A report from an influential Washington think tank on Tuesday likened for-profit colleges to subprime lenders for their meteoric growth, and for their propensity to drive customers into debt.

Who Should Get Holiday Time Off? (Inc.)
Not every business can shut down for the holidays. So what happens when everyone wants time off? Do you have a policy that gives preference to tenured workers? More importantly, should you?

Small Retailers Pinched by Big Discounts (WSJ)
Discounting is a tempting strategy for small firms eager to drive store traffic, but big sales don’t always bring big profits.

Three Alternatives to Big-Bank Borrowing (Business Week)
Small businesses that are rejected by the banking behemoths shouldn’t overlook nonbank lenders, community and regional banks, and community development financial institutions.

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